A buyer is being sought for the Whitworth Hall Hotel in Spennymoor, County Durham, which is being operated as a going concern by joint administrators, Andrew Haslam and Gary Lee of Begbies Traynor.
The 29-bedroom hotel, in a country park complete with its own herd of deer, has two restaurants as well as conference and banqueting suites.
Following the death of managing director Alan Lax in the summer, the business ran into financial problems and Whitworth Hall Country Park Ltd, which operates the hotel, was placed in administration on October 18. The business is continuing to operate as usual while it is marketed, with weddings booked for this weekend and next weekend being honoured. The jobs of all 40 staff have been retained.
Haslam said: “Following the sudden passing of the managing director, the remaining directors have continued to operate the business to the best of their ability. After discussions with the stakeholders, a decision was taken by the directors to appoint joint administrators. We are continuing to trade the business and the hotel is running as normal while it is marketed.
“The hotel enjoys an idyllic location and has great facilities. With its excellent reputation and outstanding recommendations on leading review websites, we are confident of finding a buyer quickly. We have already received significant interest in the business as a going concern.”