Pair of Flat Cap hotels under new management

Two Flat Cap Hotels properties that had been put on the market for £7m have entered new management contracts with Condor Hotels.

Cheshire-based Flat Cap Hotels, which was founded by brothers and third-generation hoteliers Oliver and Dominic Heywood in 2015, fell into administration earlier this year.

Its portfolio consisted of the Bridge in Prestbury, which won a Hotel Catey in 2021, the Vicarage in Cranage and the Courthouse in Knutsford, which was the only property to close.

With the support of joint administrators Gareth Prince, Julian Pitt and Mark Malone of Begbies Traynor and hospitality management company Condor Hotels, the Bridge and the Vicarage have been able to preserve their front of house team “until a suitable sale is made”.

General manager Paul Wadsworth will lead both Grade II-listed properties through the transition period with a ‘business as usual’ approach.

He will also be supported by Laura Fuller at the Bridge and Jemma Marshall at the Vicarage.

Yvonne Jackson, chief executive of Condor Hotels, said: “These Grade II-listed sites hold a special place in the hearts of locals and visitors alike. Condor are in a privileged position to take the reins and support the teams within each property. Our priority is to seamlessly continue operations, providing unforgettable experiences for our guests and maintaining the valuable community spirit.”

Christie & Co has been appointed to market the Bridge in Prestbury for offers in excess of £4.5m and the Vicarage in Cranage (pictured) for offers in excess of £2.5m.