Nov 22nd, 2016
Nigel Mansell’s golf club sold
For £11 million
Words: John Dean
The golf club created by former Formula 1 world champion Nigel Mansell has been sold for a reported figure of £11 million.
Woodbury Park Hotel and Golf Club in Devon had been on the market for several months, and has been bought by golf club operator the Club Company. It had a guide price of £11.75m and signals one of at least four sales in recent weeks.
Savills sold the four-AA-star, 56-bedroom country house hotel and spa on behalf of Sue and Robin Hawkins, who bought it for an estimated £18 million from Mansell, who owned the hotel between 1994 and 2007.
The Club Company owns and operates 12 country clubs in England, including Benton Hall near Witham in Essex, Chartham Park in East Grinstead, West Sussex, and Castle Royle near Reading, Berkshire.
The hotel is set in 248 acres and has two golf courses and a leisure club, including a gym with fitness and dance studios, pool and sauna facilities and six treatment rooms.
Piperdam Golf and Leisure Resort in Dundee has also been sold. It offers 77 high quality holiday lodges, 27 holes of championship golf and a wedding and conference venue. It has been acquired by Coppergreen Developments, a UK holiday park operator.
Meanwhile, Chart Hills Golf Club in Kent, which was designed by Sir Nick Faldo, has been sold after going on the market for £2.75 million.
And Huntswood Golf Club in Buckinghamshire has been sold to a private leisure operator from a guide price of £1.75 million.
There’s plenty going on out there, that’s for sure!