Receiver, Blair Nimmo, head of KPMG corporate recovery in Scotland, has today announced that Scottish National Golf Centre Ltd, which operates The Scottish National Golf Centre based at Drumoig, near St Andrews, is to cease trading with immediate effect.
While the receiver received a number of expressions of interests in the business and assets of the Centre, to date it has not been possible to conclude a sale and therefore, it is with regret that 11 of the 13 employees will be made redundant.
Blair Nimmo says, “Unfortunately, at this time of year trading is such that we have had to close the Centre as it continues to incur significant losses. We will operate the Centre on a care and maintenance basis while we pursue a number of interested parties.
“Obviously it is with disappointment that we have had to make today’s announcement and we would like to thank all those concerned for their co-operation to date. Despite the present situation, we are still hopeful of achieving a sale that will allow the Centre to re-open.”
The Centre, which offers state-of-the-art teaching, coaching and practicing facilities, including an indoor practice area, incorporating cutting-edge coaching technology in the form of the V1 Digital Coaching System, a gymnasium and fitness room, went into receivership on 25th September 2003 following financial difficulties as a result of the Centre failing to attract customers in sufficient numbers.