Page last updated at 15:32 GMT, Thursday, 12 March 2009

Buyer found for theme park hotel

Camelot theme park
The hotel and theme park went into administration last month

A buyer has been found for a hotel at a Lancashire theme park which went into receivership last month.

The Park Hall Hotel at Charnock Richard has been bought by Lavender Hotels, which owns five other hotels and leisure clubs in north-west England.

Negotiations are still under way for a buyer for the Camelot theme park.

The hotel, which is on the site of the theme-park site, has remained open but a total of 37 jobs have been axed in recent months.

Previous owners Prime Resorts put the 140-room hotel in receivership at the beginning of February.

Les Ross from the receivers, accountants Grant Thornton, said: "We are delighted to secure the future of the hotel and will now focus on the ongoing negotiations in relation to the remainder of the site."

Lavender Hotels also run the Bolholt in Bury, the Old Mill in Ramsbottom, the Oaks Hotel in Burnley, the Higher Trapp Country House Hotel, also near Burnley, and the Everglades Park Hotel in Widnes.

Stefan Sikorski, Lavender Hotels managing director, said: "Park Hall Hotel fits perfectly into our group's portfolio and we are delighted to complete the purchase."

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