Rooms at one of Lancaster’s oldest and most prominent hotels are being sold off to private owners to help finance its refurbishment.
RKA 2014 Ltd, the new owners of The Royal Kings Arms Hotel, in Market Street, is currently selling off some of the bedrooms on a leasehold agreement which will enable them to fund a staged refurbishment of the inside and outside of the building.
One of the bedrooms was advertised on property website rightmove with a price tag of £39,950.
The hotel has 55 bedrooms, all of which will remain, said project manager Neil Bromage, from Blackpool, who is overseeing the refurbishment of the 400-year-old hotel.
Mr Bromage said: “There’s a refurbishment programme about to commence within the next couple of months.
“There will be a new bar and restaurant, which will be open to the public, on the ground floor and a new management team - Signature Hotels - who manage a number of other hotels around the country, will take over the day to day running of the hotel.
“Style wise it will have a contemporary feel within the confines of a Listed Building.
“There is a significant six figure investment going into it.”
Lancaster designer James Mackie has designed the new look hotel interior, Mr Bromage added.
Scott Else is listed as RKA 2014 Ltd’s company director.
An application to vary a premises license for the hotel has been submitted to Lancaster City Council.
The application includes plans to change the layout of the ground floor to create a new restaurant combining part of the current reception area with the boardroom.There will also be changes to the toilet facilities and addition of a kitchen to the ground floor, but there will be no changes to licensable hours or the types of licensable activity.
Originally built in 1625 during the reign of Charles I, and then later rebuilt in 1879, the hotel was immortalized by Charles Dickens in his story of ‘The Lazy Tour of Two Idle Apprentices’.