Stapleford Park, a historic Grade I listed nation home lodge close to Melton Mowbray, ceased operations on October 16, 2024, after its house owners, DreamR Group, referred to as in liquidators because of ongoing monetary challenges.
The house owners of the distinguished four-star lodge and nation retreat cited “hostile buying and selling circumstances” as the rationale for the quick closure. DreamR Group, which acquired the property two years in the past, has now enlisted specialist insolvency practitioners, Leonard Curtis, to deal with the corporate’s entry into collectors’ voluntary liquidation.
In a press release despatched to members final week, the lodge introduced its closure and the termination of all membership memberships, efficient instantly. The e-mail learn: “It’s with nice remorse that we should inform you that Stapleford Park Resort might be ceasing to commerce as of 16 October 2024, and your membership membership terminated with quick impact.”
The assertion continued: “Sadly, on account of hostile buying and selling circumstances and the monetary place of the working firm, Stapleford Park Restricted, the lodge can’t proceed to function, and administration have little possibility however to stop buying and selling the lodge with quick impact, together with membership membership.”
DIFFICULTIES AFTER GOLF COURSE CLOSURE
Stapleford Park is a luxurious property set in 500 acres of parkland designed by famed panorama architect Functionality Brown. The venue has lengthy been considered a premier countryside retreat, providing 48 visitor bedrooms, two self-contained cottages, an acclaimed restaurant, and a luxurious spa facility.
Regardless of its historic status and gorgeous grounds, the lodge has struggled financially beneath DreamR Group’s possession. Earlier this yr, DreamR signed a administration settlement with Bristol-based M&T Resort Administration, an organization specialising in lodge administration and advisory companies, in a bid to show the lodge’s fortunes round. Sadly, the partnership was unable to forestall the lodge’s closure.
Stapleford Park’s 6,944-yard, par-73 golf course, designed by Donald Metal and opened in 2000 whereas boasting Sam Torrance because it’s Touring Skilled, had already closed in 2020, additional signalling the venue’s monetary difficulties in recent times.
The closure of Stapleford Park marks the top of an period for a venue that has been a beloved countryside escape for visitors and members alike. Because the liquidation course of unfolds, the way forward for the property stays unsure.