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News > Business

Von Essen's Cliveden House hotel sold to Livingston brothers

3 commentsBy Luke Nicholls , 02-Feb-2012
Last updated on 05-Feb-2012 at 20:08 GMT

Cliveden House Hotel, the former Von Essen property in Buckinghamshire, has been sold to the billionaire property developer brothers Ian and Richard Livingston.

The sale of the 41-bedroom Thameside hotel is the 20th Von Essen property to be sold by property agents Christie & Co, who have been handling the sale of the Group’s entire portfolio following its collapse into administration last April.

“The sale of Cliveden is the pinnacle of our work to date on behalf of the administrators of von Essen Hotels,” said Chris Day, international managing director of Christie & Co. “This renowned hotel has a new owner who will make complete the investment required to meet the growing demands of the international leisure and corporate customers of the business."

Angela Swarbrick, joint administrator, added: “We are very pleased to announce the sale of another Von Essen property and we look forward to announcing further sales in the weeks ahead."

The Livingstone brothers

The Livingstone brothers, who are behind David Lloyd Leisure and a string of top hotels including Chewton Glen in Hampshire, are understood to have paid nearly £30m off a guide price of £35m for a long lease from the National Trust.

Cliveden House Hotel will require a large amount of investment to restore it. Companies that have acquired some of the collection include Brownsword Hotels , Halycon Hotels & Resorts and The Eden Collection .

The sale leaves eight former Von Essen hotels looking for buyers, but none of which are in administration and they will all continue to trade as usual.

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3 comments (Comments are now closed)

Ickworth also already sold

The Ickworth House East Wing and Dower House leases have also already been sold in December to Nigel Chapman's Halcyon Hotels and Resorts.

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Posted by Andrew Triggs
05 February 2012 | 09h00

RE: Correct Information

Thanks Gavin, glad someone has their eye on the ball! I've now corrected and updated the story.

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Posted by Luke Nicholls
02 February 2012 | 13h05

Correct Information

The Greenway was sold months ago!!

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Posted by Gavin Wyeth
02 February 2012 | 12h57