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One of Devon's oldest hotels has become a victim of the recession
Kitley House Hotel in Yealmpton near Plymouth has gone into administration.
The Grade One listed building's over 500 years old and employs around 40 staff.
It features in many famous historical works on English Country Houses and is set in gardens which are classified as a Devon County Wildlife Site in the South Devon Area of Outstanding Natural Beauty.
Kitley House has developed a niche over the past few years as a popular venue for weddings and other celebrations, including themed weekends, and customers who have paid deposits are being told that their bookings will try to be honoured by the company licensed by the administrators to run the hotel until new buyers can be found.
Andrew Huckerby, General Manager and Director of the new Kitley House operating company Peninsular Hospitality Hotels Ltd said: "Whilst the current status of the hotel is obviously unsettling for customers and staff alike, tremendous effort has been expended to ensure that the business continues to operate to its consistently high standards of service delivery with its existing team."
Administrator Ian Walker, Partner at Begbies Traynor, is hopefully a buyer will be found...but it could take months. He's been talking to our reporter Wendy Buckingham CLICK HERE