Printer Friendly

Old hotel coming back to life.

A well-known Carlisle landmark, the former Central Plaza Hotel, could soon be restored to its former glory by new owners.

Newcastle-based property consultancy Stanton Mortimer recently completed the sale of the property on behalf of Whitewell Hotels Limited, for an undisclosed sum, to an offshore development/ investment company.

The building was sold with the benefit of planning consent to develop 35 apartments, three townhouses, a bar and a restaurant but it is understood that the new owners plan to return it to its former use.

The 84-bedroom hotel on Victoria Viaduct was built by John Laing in 1882. It closed in October 2004 and was first put on the market in 2003 as a going concern.

Michael Blake, director of Stanton Mortimer, said: "The acquisition of the Central Plaza building and its re-opening as a hotel is very good news for Carlisle. The project should create a number of jobs and make a significant contribution to the city's economy.

"The city has seen considerable development over the last few years and this is another piece in the jigsaw. This is a historic building and it will be wonderful to see it brought back to life once again."
COPYRIGHT 2006 MGN Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:The Journal (Newcastle, England)
Date:Jun 7, 2006
Words:197
Previous Article:Planning applications.
Next Article:Learn the private equity lesson, before it's too late.

Terms of use | Privacy policy | Copyright © 2020 Farlex, Inc. | Feedback | For webmasters