Administrators seek buyer for Shropshire hotel
Mon, 10th November 2014

Administrators seek buyer for Shropshire hotel

Administrators are continuing to trade a historic Shropshire country park hotel in the hopes of finding a buyer after its owner failed.

All staff at the venue will be retained and weddings and functions will be honoured wherever possible, BDO said.

Danny Dartnaill and Simon Girling, restructuring partners at the accountancy firm, were called in as joint administrators over Heritage Properties & Hotels Ltd on 31 October 2014.

Almost 60 jobs have been saved at the Devon-based hotel group after two of its venues were sold. The deal is expected to "preserve the businesses for the long term".

Heritage Properties & Hotels owned and operated three hotels: Churston Court, a grade I-listed manor house in Brixham, which dates back to the 12th century; the Newbury Manor Hotel in Berkshire; and The Park House Hotel, which is based in two 17th-century country properties outside Shifnal in Shropshire.

A statement from BDO confirmed Churston Court and the Newbury Manor Hotel have been sold to a  third party.

"I'm delighted that we have been able to find buyers for Newbury Manor Hotel and Churston Court Hotel, saving 59 jobs and preserving those businesses for the long term," Danny Dartnaill said.

"The purchasers have agreed to honour all venue and event bookings, including weddings, to ensure that there is minimal disruption to client."

BDO has continued to trade The Park House Hotel and vowed that it is "business as usual". The firm added that negotiations with a potential buyer were "at an advanced stage".

Dartnaill added: "The joint administrators will try to honour all prior venue and event bookings at The Park House Hotel, and we are working to ensure that any weddings or functions scheduled in the next few weeks can go ahead with little or no disruption.

"We will be getting in touch with anyone who has an event booked to keep them updated and confirm what is happening. If anyone has any queries or concerns about their booking, then they should contact the administration team or the managing agents directly."

category Midlands  |  source Insider Media