Historic Pendower Hall set to be sold to new owners by property receivers

A historic hall in Newcastle which has been the centre of a regeneration plan is poised to be sold to new owners.
Plans to breathe new life into the Grade II listed Pendower Hall in Newcastle’s west end were first launched nine years ago, when the building was marketed for sale by Newcastle City Council amid moves to raise funds by selling off property assets. The hall was snapped up by current Tier One Capital director Ian McElroy and former director Stephen Black in an £816,000 deal, triggering plans to convert the property into a wedding and conference centre with office space.
Mr …