Acting on behalf of Tim Dolder & Trevor Binyon of RSM Tenon Recovery, Joint Administrators of J K R S Limited, Christie + Co is marketing the Links Country Park Hotel & Golf Club in Cromer, Norfolk and the Peveril of the Peak Hotel near Ashbourne, Derbyshire.
The Links Country Park Hotel is a substantial 49-bedroom hotel and golf course, set in approximately 35 acres of lightly wooded coastal parkland, designated as an area of Outstanding Natural Beauty. The 9-hole golf course was designed by John Henry Taylor — one of the pioneers of the modern game — and was opened by him around the turn of the last century. The Links has an asking price of £2.75 million.
The Peveril of the Peak hotel occupies an idyllic site of more than 10 acres in a White Peak village location, near Ashbourne. The hotel has 45 en suite bedrooms with a large restaurant, lounge and function rooms. The asking price for the Peveri is £1.75 million.
“The Links and the Peveril of the Peak are both very well known, long-established businesses,” says Christie + Co Director Jeremy Jones. “They are set within areas of outstanding natural beauty and have historically attracted regular function business and bookings from both corporate and leisure clients.”
The Links is being marketed by Tim Gooding from Christie + Co’s Ipswich office. “The Links Country Park Hotel is one of the oldest established businesses in Norfolk and the historic golf club has a healthy membership. The substantial four-storey hotel has been extended and improved over the years to provide well-equipped hospitality and leisure facilities to appeal to both corporate and leisure guests. The hotel operation and golf club complement each other very well — each creating spin-off business for the other.”
Christie + Co has successfully sold a number of hotel businesses on behalf of RSM Tenon in recent months and believes that these new opportunities will generate bids from a wide range of prospective buyers.
“The hotels will appeal to private local buyers who are familiar with the history of the properties and understand the local market” adds Jones. “They are also likely to attract corporate buyers who have the ability to develop the businesses and invest in widening their customer appeal.”