Samlesbury hotel near M6 and BAe Systems goes on the market- here's how much for
The property was originally called The Five Barred Gate.
A South Ribble hotel in a key location has gone on the market.
They describe it as “a rare opportunity to acquire a well-positioned four-star hotel operating under the Garner by IHG brand.Situated on the A59 corridor between Prestonc and Blackburn”.
The 80-bedroomed property sits lose to the M6 motorway network, as well as BAe Systems in Samlesbury, and has traditionally served a diverse mix of corporate, leisure, conference and event customers. It is also licenced for weddings and banqueting occasions.
The property was originally developed during the 1960s as a pub and restaurant called the Five Barred Gate, and subsequently extended as a hotel. The hotel comprises a detached main building with additional accommodation wings and leisure facilities, built in the 1980s. It’s name changed to the Samlesbury Hotel and it underwent a £1.5 million refurbishment after being bought out of administration by KRO Hospitality in February 2019.
Christie and Co said: “The property has benefited from substantial recent refurbishment and investment, creating a modern hospitality offering requiring minimal immediate capital expenditure.”
The forecasted year end turnover for 2026 is £1.8m, with EBITDA of approximately £550,000.
Garner Hotels have been contacted for comment, but no reason for the sale has been given. It is believed the hotel supports around 50 jobs.