Situated in the Scottish Borders the Roxburghe Hotel and Golf Course was originally sold early this year to Bespoke Hotels – the largest independent hotel group in the UK. The group already owns the Carnoustie Golf Hotel and it seemed as though Roxburghe Hotel and Golf Course was to become part of the groups growing portfolio. However, it seems that the sale fell through with agent Savills confirming that due to an “unexpected failure to commit by a purchasing investor” the deal fell through.
Offers in excess of £3.25 million
The Roxburghe Hotel and Golf Course is now back on the market with an asking price in excess of £3.25 million. While there was initial interest from other parties before the failed Bespoke Hotels it will be interesting to see whether previous interest is renewed. Many will question why the previously agreed deal fell through but once you look at the details, and what is on offer, it is certainly not down to the property, reputation and views.
Set in 292 acres of prime Scottish countryside
The whole development is set in a staggering 292 acres with the previous b-listed mansion converted into a prestigious 22 bedroom hotel. At the moment the property is owned by the Duke of Roxburghe who completed the redevelopment of the old mansion back in 1982. It seems that the Duke has a passion for golf himself hence the appointment of golf course architect Dave Thomas to design the 7111 yard championship course. The course itself now ranks in the top 10 parkland courses in Scotland and then you have the hotel offering accommodation and prestige services.
A slice of Scottish beauty
A stay at the prestigious Roxburghe Hotel and Golf Course is certainly worth the money and worth the wait. Many of the bedrooms have fourposter beds, log fires and the best in luxury and service. Many of the books, paintings and furnishings are from the original mansion prior to its conversion which gives that touch of history. Fine wines, a restaurant overseen by French chef Albert Roux not to mention an array of local dishes and international cuisine have certainly attracted many of the rich and famous over the years.
Weddings, corporate events and special occasions bring literally thousands of people to the venue each and every year. It is often booked up well in advance and it is hoped that the eventual buyer will carry this torch of prestige, quality and professionalism for which the hotel is renowned. For those looking for something a little different aside from golf, you can try shooting, clay pigeon shooting, salmon fishing with an array of family days arranged by the hotel.
Not only does the Roxburghe Hotel and Golf Course host the Scottish Seniors Open but it is also home to many pro-celebrity charity matches taking in some of the best known names in golf such as Nick Faldo, Colin Montgomery and Sergio Garcia.
Could overseas buyers be interested?
As we have mentioned in some of our recent articles, the demise of sterling against the likes of the dollar has given overseas investors a surprise “20% exchange-rate bonus”. This may encourage overseas investors, especially those with a healthy interest in golf, to take a look at the Roxburghe Hotel and Golf Course. Prestige, beautiful countryside and a reputation to be proud of, surely the Roxburghe Hotel and Golf Course will eventually be snapped up by an enthusiastic investor?