Highbullen Hotel, Golf & Country Club For Sale in Devon, England for £5m – Scope for Growth

Location: Chittlehamholt, North Devon, England, UK

Name: Highbullen Hotel Golf & Country Club

No. of Keys: 39

The Property: The hotel, golf and country club are set on a Victorian estate occupying circa 116.5 acres and feature considerable accommodation, events and leisure facilities, all of which have benefitted from extensive renovations and improvements since the current owners purchased the hotel.

The hotel and wider estate comprise 39 well-appointed en suite bedrooms in excellent condition, four self-catering cottages, two restaurants, Laura Ashley – The Tea Room, a billiard room and spacious guest lounges.

There are excellent facilities for events and weddings; catering for up to 400 guests in the main Palazzo function room which is served by its own kitchen and bar. In addition, the Palazzo contains two further meeting rooms for smaller conferences or events.

Leisure is at the heart of Highbullen with a range of facilities including an 18-hole USGA specification golf course, outdoor tennis courts, indoor and outdoor swimming pool, spa facilities, sauna, steam room, jacuzzi, croquet, ¾ mile fishing beat (Salmon, Sea Trout and Brown Trout) on the River Mole, fully-equipped gym, multi-sports simulator and club bar.

Outline planning permission has been granted for the erection of 58 holiday home lodges within the grounds and an extension of 16 bedroom suites to the existing hotel. Reserved matters applications have also been submitted for four guest accommodation tree houses and 15 holiday lodges.

David Tearle, Resort Director at Highbullen comments, “We are extremely proud of Highbullen’s achievements during the Chapman family’s tenure, from the incredible feedback we continue to receive from our many guests to our numerous accolades and awards. We are grateful to our team who have worked so hard and with such passion to provide the best level of service to our customers and we are incredibly proud of the work we started in creating one of the foremost resorts in Devon.

“With a planning application for treehouses and lodges in the final stages, the sale offers a fantastic opportunity for the full development of this exceptional resort. In the meantime, there will be no significant changes in the day-to-day running of our much-loved hotel as it is important we continue to maintain our extremely high standards and, as always, take pride in the hospitality and care of our guests.”

Main Photo: The Highbullen Hotel

Tenure: Freehold

Brand/Management: Management and Flag free

Financials: Available upon signing NDA

Current Owner: Private family.

Agent: Christie & Co and Savills

Guide Price: £5m

Guide Price per Key: £128,205

Date Posted: March 2020

THPT Comment: This is a great opportunity to acquire this a piece of English country-side, with some serious upside opportunity by adding both more bedrooms and holiday home lodges.

Contact us for further information

This is a new feature on the THPT site…. Hotel & Serviced Apartment owners can be naturally reticent in publicising their property is for sale…for confidentiality reasons, for staff and current client reasons, so the properties featured in this section will either be “generic” or “name specific”

Each fortnight we mail the opportunities posted that week, but check-out the tab “Hotels Available” and call us for details of “Under the Table” – deals not posted on the site at all

The Hotel Property Team (THPT) is a small group of highly experienced business professionals. Between us, we provide a range of skills and experience which is directly relevant to those involved in the hotel property market.

For more information – Visit www.thpt.co.uk or email info@thpt.co.uk.

MISREPRESENTATION ACT 1967. This information is provided as a general guide and is not intended to be constructed as a statement of fact upon which interested parties can rely. All interested parties should make their enquiries by inspection or otherwise. Neither The Hotel Property Team (trading name of Impetus Marketing 2006 Ltd) nor any person in our employment has the authority to make, give or imply any representation or warranty whatsoever relating to the premises referred to in these particulars. These details do not constitute any offer, contract or any part thereof and all negotiations relating to the premises should be conducted through THPT.