Former stately home Eynsham Hall in Oxfordshire has gone on the market, soon after undergoing a £3m refurbishment programme.
The Grade-II listed property, which has been the site of a significant home since the early 1700’s, is owned by Richard Upton, co-founder of Cathedral Group PLC, who is looking to sell up to focus on a new role.
There are 135 bedrooms across the hotel, as well as conference facilities and leisure amenities such as a swimming pool, sauna, tennis court and fitness studio.
Planning consent has been granted for a significant development to add 80 guest bedrooms, purpose-built conference facilities with capacity of 250, as well as a new spa and swimming pool complex with direct access to the main Hall.
Upton acquired Eynsham Hall in 2005 and has recently invested over £3m in an extensive refurbishment programme. The main Hall has been totally refurbished with the addition of new bedrooms, plus a new brasserie introduced and conference facilities upgraded.
Upton merged the Cathedral Group with publicly quoted property company Development Securities Plc in 2014, now rebranded as U+I.
The hotel portfolio was not part of the sale and he is now disposing of this asset to focus his role as deputy chief executive of U+I.
Upton says: “We have taken Eynsham Hall to a new level of turnover and profitability but there is still a lot more potential for this magnificent hotel. Sadly, I am not in a position to dedicate the time to take Eynsham Hall to the next stage. This is a fantastic opportunity for an investor to acquire a gem of a property run by an extraordinary team.”
On behalf of the joint agents, Christie & Co and Nick Sweeney, Jeremy Jones, director at Christie & Co adds, “Eynsham Hall offers a great opportunity to acquire an extensive site with the benefit of planning permission to extend the site and build revenue further. We anticipate strong levels of interest from a range of domestic and overseas operators and investors.”