Mon, 25 Mar 2024 | COMMERCIAL PROPERTY
The Ston Easton Park Estate, a former country house hotel in Somerset, has been put up for sale. The grade I-listed Palladian mansion, which sits within 28 acres of gardens and grounds, ceased trading as a hotel in 2021 and the estate is being sold with vacant possession.
Joint LPA Fixed Charge Receivers, James Liddiment and Paul Greenhalgh of Kroll Advisory have engaged specialist hotel property adviser Christie & Co to market the property for sale.
The estate, designed in the 1700s by landscape designer Humphrey Repton, is located close to the Mendip Hills AONB. Its formal landscaped gardens are grade-II listed and the estate also features orchards, woodlands, a rear terrace and kitchen gardens.
The property was abandoned and in disrepair by the mid-20th century, before being restored by subsequent owners, a process that was completed following its acquisition by hotelier Peter Smedley in the 1970s.
The property was subsequently converted into a luxurious country house hotel featuring 20 en-suite bedrooms, prior to its closure in 2021.
Ed Bellfield, Regional Director at Christie & Co who is handling the sale, commented: "Ston Easton Park offers an exciting opportunity for a creative, imaginative buyer to become the latest custodian of one of Somerset’s greatest properties. It is rare that a property of this magnitude comes to the open market and considering its location, the estate will offer a buyer potential for a variety of alternative uses, subject to obtaining planning permission."
Alistair Heather, who is marketing the property on behalf of Savills, added: "It is a privilege to represent the sale of one of Somerset’s most impressive and historic country estates. The property offers incredible potential for use commercially or, subject to the necessary consents, reinstated as a residence of considerable grandeur.”
Hotel M&A remained resilient during a difficult 2023 and is expected to recover this year
Check the latest UK hotels for sale
This business is situated in the North Cornish town, this offering is suitable for a variety of occupiers/uses.
FREEHOLD
A most appealing and successful country house hotel 12 ensuite bedrooms and well appointed public rooms. Comes with landscaped gardens and a swimming pool.
FREEHOLD
A small island hotel in a beautiful location on St Marys Town beach, overlooking the harbour and off islands beyond. Nine of the hotel's fourteen ensuite guest bedrooms take in superb uninterrupted sea views.
FREEHOLD
26
|
Apr
|
Major double glazing firm Everest enters administration | ADMINISTRATION
Everest, one of the largest providers of double-glazing in t...
26
|
Apr
|
Kent-based scientific consultancy sold to US firm | BUSINESS SALE
A4P Consulting Limited, a scientific consultancy company hea...
25
|
Apr
|
Ambulance services provider acquired in pre-pack deal | BUSINESS SALE
Elite Emergency Medical Services Ltd (Elite EMS), an ambulan...
26
|
Apr
|
Kent-based scientific consultancy sold to US firm | BUSINESS SALE
A4P Consulting Limited, a scientific consultancy company hea...
26
|
Apr
|
Major double glazing firm Everest enters administration | ADMINISTRATION
Everest, one of the largest providers of double-glazing in t...
25
|
Apr
|
New private equity owner for fleet hire firm | BUSINESS SALE
West Lancashire-based fleet hire business NRG Riverside has ...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.