Nigel Mansell's former hotel sold for £11m
Woodbury Park Hotel and Golf Club in Exeter, Devon, created by former racing driver Nigel Mansell, has been sold to health and golf club operator the Club Company off a guide price of £11.75m.
Savills sold the four-AA-star, 56-bedroom country house hotel and spa on behalf of Sue and Robin Hawkins, who bought the hotel for an estimated £18m 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. There are also five self-catering lodges, two restaurants, football pitches and tennis courts.
Martin Rogers, head of UK hotel transactions at Savills, said: "We are delighted to have sold the Woodbury Park Hotel and Golf Club for our client. Over the years it has built up a great reputation as a well-established destination, with visitor numbers boosted by the extensive golf and leisure facilities on offer."
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