Thornbury Castle sold for £4 million

In one of the biggest property deals of the year , Thornbury Castle has been sold in a deal worth £30 million .

It was one of seven venues to be purchased by Halcyon Hotels and Resorts with its joint venture partner Patron Capital last week and it is believed the historic landmark alone went for about £4 million.

It was put up for sale seven months ago for £7.5 million when its owners von Essen Hotels went into administration in April, but its asking price had to be reduced to attract buyers.

News that it was to remain a luxury hotel came as a relief in the town after months of uncertainty over the fate of the Tudor castle.

Thornbury Chamber of Commerce vice-chairman Tony Wilcock welcomed the announcement.

He said: “There was a question mark over the future of the castle when von Essen went into administration. We are happy to see that it has found a buyer and that it is going to be kept as a tourist attraction.

“The fact that it will continue as a hotel should be beneficial for the town. It is very popular and it is important that it thrives.”

A Halcyon Hotels and Resorts spokesman said: “The historic castle is expected to be a big hit with the family market and immediate steps will be taken to widen its appeal to children of all ages.”

Thornbury Castle, along with the six other properties, will be under the direction of Nigel Chapman, who heads Halcyon as its chief executive officer.

Mr Chapman said: “I and my colleagues on the management team will set about revitalising these hotels immediately. It’s thrilling to have a genuine castle in our family.”

Jobs could be created as a result of the purchase as Mr Chapman has pledged to recruit staff at most of the locations.

Mayor of Thornbury Gill Brooks said: “That is wonderful news. We were concerned about people losing their jobs at the hotel when the owners went into administration. It would be very good if it brought some jobs to the town.”

One of the town’s most attractive sites, Thornbury Castle was built 500 years ago by the Duke of Buckingham, who was later charged with treason by Henry VIII.

The king and his second wife Anne Boleyn are known to have stayed at the property.

Pusztaradvány Castle for sale Hungary

Eastern Europe features a large number of  ancient castles which occasionally come on the market. A castle in classicist style, run as a castle hotel of  superior category, is for sale in Pusztaradvány.
The estate is located just 2 hours from Budapest by car and only 30 minutes from Kosice International Airport, also very close to Tokaj Wine Region (UNESCO World Heritage of Hungary). Castle keeps its gate open for those who long for tranquil relaxation, fresh air and undisturbed nature. Since its reconstruction in 2004 the castle summons the atmosphere of the 19th century with its period fixtures, original paintings, Biedermeier furniture and the 100-120 year-old luminaires, which serve as style- and industry-historical curiosities.

The castle of its size is suitable for a person (family) or company, on the other hand after a relatively small investment can be run as a four-star hotel with its well introduced name with bigger capacity (7 new rooms are ready to build up in a short time).

The estate is a very good place for horse-riding centre with its 620 sqm stable or for hunter tourism (there are many hunting grounds near the castle). Built in 1855 features include

Furnished
Appliances
Gym/Spa
Cable TV
Mountain View The Lounge, The Restaurant, The Kitchen, The Biliard-Room And The So Called “turkish Bath” With Its Bubble Spa, Scented Steam Room And Infra Sauna Can Be Found On The Ground-Floor
Seven Apartments / Rooms And The Assembly Hall With The Latest Conference-Equipment Are Located On The First-Floor.
In The Mansard Of The Building Two Further Rooms And Two Suites Can Be Brought On.
119.000M2 Land
Country-House (100 Sqm) Stable (620 Sqm)
Farm Buildings
In The Park Of The Ancient Trees A Pond, A Play-Ground For Children And Also Resting-Places Provide The Visitors With Recreation, Moreover, An Outdoor Pool Heated By Sun-Energy Can Be Found Next To The Castle.