An East Sussex-based country house hotel with a famous past is on the market following its administration.

The Shelleys in Lewes, which was once owned by the family of poet Percy Bysshe Shelley, was placed into administration due to a downturn in trade. The 4-star, 16th Century, grade II listed country house hotel, which also boasts a one AA rosette-ranked restaurant, is currently still trading despite its administration.

Partners at insolvency specialists FRP Advisory have been appointed as joint administrators of The Shelleys and are currently carrying out ‘extensive marketing’ in a bid to find a buyer for the property.

Jason Baker and Chris Stevens of FRP Advisory, confirmed, “Trading is on-going and the hotel and restaurant are continuing to welcome guests as usual. Meanwhile, a purchaser is being sought for the business.”

Baker and Stevens said that The Shelleys had been affected by the fact that several of its key corporate clients had moved away and no longer needed hotel accommodation in Lewes.

The hotel, which can sleep 37 guests, boasts 10 bedrooms, a large dining room, bar and two conference rooms, plus traditional English country garden and parking.

Its current owners, Carlo Fernando and John Rudich Fernando, bought the hotel in 2007 when it had a guide price of £2.5 million attached. The hotel had also been previously sold earlier that year.

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on Thursday, December 23rd, 2010 at 4:36 pm and is filed under Business News, Businesses in Administration.
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