The 32-bedroom Manor Hotel neat Oxfordshire has gone up for sale on behalf of administrators who are running the business with a reduced asking price of just under £5m.
The 13th century hotel in 12 acres at Weston-on-the-Green is on the market with Colliers International for £4.8m for the freehold.
Colliers are acting on behalf of administrators at Moorfields Advisory, who are continuing to trade the hotel fully.
The Manor Hotel is Grade II* listed and parts of it are believed to date back as far as the 11th century.
As well as the 32 bedrooms, the property offers extensive public areas and meeting/banqueting spaces and a range of fascinating features including the remains of a moat, a Minstrels’ Gallery and a cavernous Tudor fireplace.
The Manor Hotel has a Civil Ceremonies Licence, making it a popular venue for weddings and other special events, and there are development opportunities for additional accommodation.
Peter Brunt, a hotels director with Colliers International, said: “The Manor Hotel occupies an excellent location, being close to a number of key tourist and business centres.
“Silverstone Racetrack and Bicester retail village are within easy reach, Blenheim Palace is just seven miles away and just ten miles south is the historic city of Oxford. Taken together, the area attracts millions of visitors all year round.”
The property was converted from a house to a hotel in 1940.
The Knot Garden can host events for up to 130 guests; the Baron’s Hall restaurant has 46 covers but can provide for 70 in banquet form or 100 for drinks receptions.
Brunt said: “There are few buildings from this period that trade as hotels, and this is a rare opportunity for new owners to take on this magnificent building and fulfil its full potential.”