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Riddell’s Bay liquidators sell two plots

Number of bidders: Riddell's Bay Golf and Country Club

Liquidators for Riddell’s Bay Golf and Country Club have sold two residential plots separate from the closed course.

Deals on the two areas of land, fronting the Great Sound, were closed last Friday.

Joint liquidators Alison Tomb and Simon Conway of professional-services firm PwC, added that they had been talking to “a number of interested parties” about the sale of the rest of the golf course’s assets.

PwC said they were now in the process of requesting the submission of “indicative non-binding offers” over the next two weeks.

Queries should be addressed to Anton Schmitz or Alison Tomb at PwC Bermuda in Hamilton.

PwC were appointed liquidators of the troubled golf course after a Supreme Court hearing in March.