Buyer sought for Jonathans Hotel and Restaurants of Birmingham by administrators Smith & Williamson
30th October 2009This 45-bedroom hotel with its two distinct restaurants, located just 15 minutes from the centre of Birmingham, has gone up for sale.
On 23 October 2009, Neil Hickling and Anthony Spicer of Smith & Williamson Limited’s Restructuring & Recovery team were appointed joint administrators of Jonathans Limited which trades as Jonathans Hotel and Restaurants. The hotel, which dates back more than 30 years, is based on the Wolverhampton Road in Birmingham. The hotel and restaurants have ceased trading and the administrators have instructed agents to sell the hotel and business.
“Following our appointment to a such well known hotel, we are hoping that a sale can be completed at the earliest possible time and to get a new business up and running to serve the needs of the local community and the community at large. We have great sympathy for the predicament that the staff have found themselves in. We are supporting staff affected by the administration to make the appropriate claims and have people dedicated to helping them secure any sums that they are owed,” explained Neil Hickling.
“We welcome any expressions of interest in the hotel of Jonathans Hotel and Restaurants.” Interested parties can reach Claire Morris on telephone number 01905 730100 who can also be contacted for general enquiries.
Disclaimer
By necessity, this briefing can only provide a short overview and it is essential to seek professional advice before applying the contents of this article. No responsibility can be taken for any loss arising from action taken or refrained from on the basis of this publication. Details correct at time of writing.
Note to editors
Smith & Williamson is an independent professional and financial services group employing about 1,500 people. The group is a leading provider of investment management, financial advisory and accountancy services to private clients, professional practices and mid-to-large corporates. The group operates from offices in London, Belfast, Birmingham, Bristol, Dublin, Glasgow, Guildford, Maidstone, Salisbury, Southampton, and Worcester.
Smith & Williamson Limited
Regulated by the Institute of Chartered Accountants in England and Wales for a range of investment business activities. A member of Nexia International