Wed, 27 Oct 2010 | ADMINISTRATION
A Perthshire hotel, owned by former personal chef to Nelson Mandela, Pete Gottgens, has entered administration.
The award-winning Ardeonaig Hotel has subsequently been placed on the market by the administrators at Zolfo Coopers with a price tag of £1.1 million. Its ten employees have all been made redundant.
The South African owner Mr Gottgens has reportedly left the hotel, having dropped all associations with it.
Alan Creevy of Jones Lang LaSalle has been mandated with the task of selling the hotel, which is “really quite an exceptional property in a stunning location in the heart of Perthshire.”
Refurbishment undertaken in 2008 left the business with cashflow problems. It is believed an amount close to £2 million was spent.
The administrators are examining all the options for the hotel and are positive about finding a buyer. The decision has been made to stop trading at the business for the winter months with the intention of resuming in the spring, according to Anne O’Keefe of Zolfo Cooper. The move will “ensure the viability of the business for prospective buyers.”
The eccentric Mr Gottgens had built up a reputation at the hotel for being the South African Gordon Ramsey, with his shouts being heard from the kitchen by diners on a regular basis. He recently won a bronze medal at the Scottish Chef Awards.
For sale is a long-established tree surgery and arboricultural services business with an excellent reputation, serving both domestic and commercial sectors across Southern England, including the Home Counties and London.
An opportunity has arisen to acquire a mechanical engineering company specialising in the Water Industry. Benefitting from over 3 decades of trading, this business has built a solid and long standing client base comprised of prominent UK utility comp...
An opportunity has arisen to acquire a reputable IT support and development services provider with a UK-wide client base and a proven record for innovation and resilience in the constantly evolving IT sector. Throughout its 25+ year trading history,...
25
|
Apr
|
Scaffolding company Hi-Point Access raises funds following Gap acquisition | BUSINESS SALE
Sheffield scaffolding company Hi-Point Access has secured &p...
24
|
Apr
|
Malaysia's IJM buys a stake in London construction firm JRL | BUSINESS NEWS
IJM Corporation Berhad has bought a 50% stake in Borehamwood...
24
|
Apr
|
Training group Babington bought by PE-backed Knovia | BUSINESS SALE
Apprenticeship and training provider Babington has been acqu...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
We can help you capitalise on insolvent businesses. We list UK businesses in administration, liquidation and with winding up petitions daily. Ensuring our members never miss out on an opportunity
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.