Dalziel Park and Conference Centre in Motherwell has entered administration due to its failure to satisfy creditors.
The hotel and conference centre has four conference suites, as well as wedding facilities and a golf course. It is currently owned by Mario Rea and is a popular venue for weddings in the area.
It is now in the hands of KPMG, who have confirmed that Dalziel Park will operate under their control whilst a buyer is sought for the hotel’s business and assets.
The administrators have confirmed that the business and assets have not yet been put up for sale due to certain ongoing legal issues but it is expected that the sale of the hotel will be advertised in the near future.
Blair Nimmo is joint administrator and head of restructuring for KPMG in Scotland. He commented: "The potential buyer will acquire an established business which has a loyal clientele and strong catchment area for customers.
He went on to say that KMPG believes they will not have trouble finding a buyer for the venue once the marketing exercise for the sale has gone fully underway. 
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