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Shendish Manor falls into administration 17 May 2009

David Crawshaw & Jane Moriarty of KPMG have been appointed joint administrators of Shendish Manor Limited on 14th May 2009.

Shendish Manor is a 70 bed country house hotel with an 18 hole golf course close to the M25 at Hemel Hempstead. It has recently been refurbished and in 2007 a new hotel wing was completed with 52 further standard double rooms to compliment the 18 suites within the main house. The hotel also has extensive conference facilities including a suite to accommodate up to 450 people, bar/lounge, restaurant and employs around 80 full and part-time staff.

David Crawshaw, joint administrator and partner at KPMG said: "The business has experienced a difficult trading period due to the current economic climate and the current structure of the company is no longer sustainable. We are currently continuing to trade the business as normal whilst we market the business and assets for sale. It is anticipated that all deposits for bookings will be honoured by a new purchaser."

Specialist hotel agents, Savills, have been instructed to offer the Hotel to the market. Paul Barrasford, director at Savills said: "economic conditions remain difficult but we are have certainly seen a marked increase in hotels for sale in recent months. Given the strong location, scale and business potential offer at Shendish Manor we're anticipating significant interest in this opportunity".

Any interested parties should contact Paul Barrasford of Savills on 01865 269 112 (pbarrasford@savills.com) or Gary Witham 0207 409 9902 (gwitham@savills.com

 

 

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