One down, one to go as 13 bedroom Wisbech hotel finds a buyer

ONE of two Wisbech hotels put on the market recently has been sold off an asking price of �450,000.

The White Lion, a three storey, 13 bedroom hotel in South Brink, has been sold by Colliers International.

Ashley Clark, associate director of Colliers, said: “The hotel closed in December and is now scheduled to re open within a couple of months or so following a complete refurbishment.”

He said there was a good level of interest in the hotel “further compounded by the appointment of receivers at the Rose and Crown Hotel which closed a few weeks ago”.

Colliers has also been appointed to handle the sale of the Rose and Crown.

Mr Clark said hotels such as the White Hotel play a vital role in market towns and with a decent sized function room looked to have a good future.

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