As a result of a protracted period of poor trading leading to financial difficulties, and culminating in HMRC issuing a winding-up petition, 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 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 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.
The Joint Administrators will continue to trade the business working alongside an experienced industry operator, 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.
Fantastic opportunity
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 on the details below.
About AlixPartners
AlixPartners is a leading global business-advisory firm of results-oriented professionals who specialize in creating value and restoring performance at every stage of the business life cycle, and thriving on the ability to make a difference in high-impact situations and to deliver sustainable, bottom-line results. The firm’s expertise covers a wide range of businesses and industries whether they are healthy, challenged or distressed. Since 1981, Alix Partners has taken a unique, small-team, action-oriented approach to helping corporate boards and management, law firms, investment banks and investors to respond to crucial business issues.
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