It has been announced that Alastair Massey and Steve Stokes, partners at FRP Advisory, the business advisory firm, have been appointed as joint administrators to Astbury Estates Limited, which includes the Astbury golf course.
The Astbury is a popular par 71, 18-hole championship golf course used by both professionals and amateur golfers and sits within over 300 acres of land belonging to the Estate.
The joint administrators have retained all staff employed by the Estate to ensure it continues to serve the customers associated with Astbury Hall and the Astbury golf course, while continuing to manage the Estate as a going concern, and while seeking new owners to ensure a long term solution to the business, the Hall, golf course and associated lands.
Alastair Massey, joint administrator and partner at FRP Advisory, said: “Astbury Hall is a finely preserved, working English stately home steeped in history and the Astbury is a top notch, uniquely designed golf course, stretching across more than 300 acres of rolling Shropshire countryside. The administration process provides a cushion for the Estate to run as normal while the business, including this historic house, the associated golf course and events business are all marketed for sale. We encourage interested parties to make early contact.”