The Manor at Weston – Administration
Moorfields were appointed as Administrators over The Manor at Weston, a late 15ᵗʰ-century country house hotel located in Weston-on-the-Green. The property, valued at approximately £4.8 million, is a renowned wedding and dining venue featuring 32 luxury suites and extensive landscaped grounds.
The business was subject to £6 million of bank debt and had faced financial pressures due to seasonal trading fluctuations and increased operating costs within the hospitality sector.
Objectives
- Preserve the trading business to maintain goodwill and value.
- Ensure uninterrupted service for weddings, dining, and accommodation guests.
- Market the hotel for sale as a going concern to achieve the best possible return for creditors.
- Protect the lender’s security position through professional oversight and trading management.
Moorfields’ Actions
- Appointed experienced hotel management agents to continue trading the business throughout the administration.
- Oversaw financial and operational management to stabilise performance and cash flow.
- Engaged specialist hospitality agents to market the property to prospective buyers in the luxury hotel sector.
- Managed stakeholder communications, including with the lender, staff, and event clients, to maintain confidence.
Results
- Successful ongoing trading ensured service continuity for guests and wedding clients.
- Value preserved through maintaining operations during the marketing period.
- Strong interest generated from both domestic and international hospitality investors.
- The strategy ensured the maximisation of recoveries for the secured creditor and protected the reputation of a historic local landmark.
