For sale signs at The Villa

A historic Lancashire hotel, restaurant and wedding venue has been put up for sale.

The Villa Wrea Green, a picturesque country house hotel dating back to the 19th century, has appointed administrators.

However, it is expected to continue trading and welcoming guests as normal as it seeks new investment.

Martyn Rickels and Anthony Collier, partners at specialist business advisory firm FRP, have been appointed to lead the administration and sale process.

The award-winning parkland venue includes a 31-bed hotel, function suites and restaurant.

The administrators say there has been investment in recent years to provide a premium offering to its clientele and it remains an extremely popular destination.

The Villa Wrea Green (Image credit: The Villa Wrea Green)

Martyn Rickels, partner at FRP, said: “The inflationary pressures of recent years have had a significant impact on the cost of doing business, particularly in the hospitality sector which continues to experience legacy financial issues from the pandemic.

“The Villa Wrea Green hasn’t been immune to those pressures however it remains a fundamentally popular venue with a strong order book for this year and beyond.

“With a strong operations team in place, our intention is to continue to trade the business without interruption as we look to bring in new investment and ownership to take it forward into the future.”

Jayne Taylor, general manager at the venue, said: “This is a golden opportunity to secure this magnificent hotel and wedding venue situated in the heart of the Fylde coast.

“My team and I look forward to welcoming both regular and new customers to The Villa in the forthcoming months.”