Peter Holder, Nick Cropper and Anne O’Keefe, of leading global business-advisory firm AlixPartners Services UK LLP (AlixPartners), were appointed Joint Administrators over Brocket Hall International Limited (the Company) on 31 March 2015.
The Joint Administrators were appointed as a result of a protracted period of poor trading leading to the business experiencing financial difficulties, culminating in HMRC issuing a winding-up petition.
The Company operates prestigious golf, leisure and conference facilities located on a 543 acre site known as the Brocket Hall Estate, in Hertfordshire. The Estate comprises of a golf club, centred around two premium golf courses, an 18th century stately home (Brocket Hall) offering meeting rooms, a conference suite, dining rooms, 46 guest rooms and a 5 star restaurant (Auberge Du Lac). Brocket Hall is the original home of the former British Prime Minister Lord Palmerston.
Following the appointment, the Joint Administrators will continue to trade the business working alongside the experienced industry operator, John Weir of Cornerstone Golf, while exploring all options with a particular focus on affecting a sale of the business as a whole. It is the intention of the Joint Administrators to honour all bookings and deposits, and for golf club membership to be unaffected.
Peter Holder, Joint Administrator, comments: “Brocket Hall and its magnificent grounds represents a fantastic opportunity in the luxury hospitality and leisure sector. We are confident there will be a significant number of interested parties in acquiring this truly unique and historic estate. We would also like to go on record to thank the staff for their continued support and professionalism during this process.”
Parties wishing to make an expression of interest in the business should contact AlixPartners www.alixpartners.com
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