A popular hotel and golf club have gone up for sale for a whopping £10million.
If you are looking for a new business and you may have just won the lottery, this property could be for you.
Knight Frank estate agents have listed the Donnington Grove Hotel & Golf Club, the country mansion hotel in Newbury, Berkshire, for offers in excess of £10million.
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Max Davies, President, said, “Since acquiring the hotel and golf course in 2005, we have invested significantly in and enhanced the asset for members and its guests.
“After 17 years of ownership, now is the right time for a new owner to come in and realize the fantastic potential that lies within this property and take it to the next level. We look forward to seeing how the next chapter evolves on this fantastic asset.”
The hotel is set in 100 hectares of grounds, including an 18-hole championship golf course, popular driving range and landscaped grounds.
The main mansion comprises 52,000 square feet of internal built space, including 40 en-suite guest rooms as well as a restaurant and bar and four meeting rooms.
There is an expired building permit for 26 additional bedrooms.
Dating back to 1763, the Donnington Grove Hotel & Golf Club has a rich history, with links to Winston Churchill as well as Japanese investors who provided the traditional English mansion with a temple and Japanese gardens.
Besides the beautiful setting, the hotel provides access to several attractions such as Donnington Castle and Highclere Castle (the site of Downton Abbey), as well as Newbury Racecourse.
Henry Jackson, Head of Hotel Management at Knight Frank, said: “Located just an hour and a half from London’s West End and conveniently located to Oxford, Bath and Bristol, Donnington Grove provides a blank canvas for an incoming buyer to develop a first country hotel.
“With its attractive approach, mature grounds and lakes, it has considerable potential for further development. Opportunities such as these so close to London with such a large area are rare and we look forward to putting the hotel on the market.”