Balmoral Hotel to keep on trading as new owners sought
A well-known west Belfast hotel is on the market after its parent company went into administration.
The Balmoral Hotel on Blacks Road is on sale for an undisclosed sum through property consultants Whelan.
The partnership behind the hotel, Balmoral Inns LLP, is insolvent though the hotel remains open. Whelan described the hotel as "a prominent 40-bedroom, three-star hotel with function rooms, a public bar and restaurant". It's also "an established trade, popular entertainment, conference and wedding venue," according to Whelan.
KPMG's appointment as administrator was announced on February 5 when KPMG's John Hansen and Stuart Irwin said they wanted to keep the hotel open and trading.
Mr Irwin said at the time: "It is our intention to continue trading and keep the hotel open for 'business as usual' including weddings and all other bookings.
"The joint administrators will seek to find a new owner."
The Balmoral Hotel had previously been a part of the McKeever Hotel Group before being sold to a partnership of John McElhone and Patrick Walsh.
In an interview with Business Telegraph last week, McKeever boss Eugene McKeever said the company would not be interested in taking over the hotel again.