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New Premier Inn will open in Lincoln despite building firm going into administration

By Lincolnshire Echo  |  Posted: January 14, 2013

The new Premier Inn in Lincoln will open as planned on Monday, February 11

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A new Premier Inn will open in Lincoln next month – even though construction has been halted by the administration of the hotel's building firm.

The 130-bedroom hotel will open as planned on Monday, February 11, according to the brand's owner Whitbread plc.

Speymill Contracts Limited stopped work on the £6.5 million development in Broadgate last month.

Administrators from ReSolve Partners LLP were appointed on December 19.

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A spokesman for Premier Inn said: "At the current time the hotel is set to open on its scheduled opening date of February 11 with no impact on the new roles at the hotel.

"There has been no change to the schedule as Speymill went into administration literally a few days before the practical completion of the building."

The spokesman added bookings that had already been made at the hotel would not be affected.

Speymill Contracts Limited is a specialist construction and fit-out contractor with head offices in Cambridgeshire.

It is a subsidiary of Speymill plc, which said the outfit was "not viable and represents an unsupportable burden on Speymill".

Speymill plc will continue to trade as normal.

Work on the hotel began in February. The project is creating 50 jobs. It is being built on the site of the former Save petrol station and O'Rourkes pub.

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