Global Edition

Murrayshall moves ahead with £30m investment plan

2.21pm 2nd January 2024 - Property

Murrayshall Country Estate in Scotland has given green the green light to begin a £30m development programme following a positive vote by Perth & Kinross Council.

Gary Silcock, General Manager for Murrayshall Country Estate, said: “We are delighted with the council’s decision to approve our Masterplan Application and would like to thank everyone for their support. 

“We’ve been examining for some time our current standing and future prospects and it is evident we continue to face certain challenges. Today’s decision to approve our proposals in principle is the first step at a new chapter for Murrayshall Country Estate – a journey from challenges to opportunities, fostering growth, employment and ultimately providing an asset to be enjoyed by the local community.

“Reflecting on our past endeavors, including a substantial investment of approximately £5m into the estate, we recognise the significance of this milestone. This approval unlocks a potential investment of around £169m across Perth and Kinross and Scotland, potentially securing 400 job opportunities. We look forward to bringing forward more detailed plans over the coming months.”

The approved proposals will include an extension to the hotel, a new spa and leisure facility, an outdoor pursuits area, glamping units, lodges and the potential for residential development and fractional ownership/timeshare. 

In related news...

GolfBusinessNews.com (GBN) is for the many thousands of people who work in the golf business all around the world.

We cover the full range of topics both on and off the course. We aim to supply essential information both quickly and accurately in a format which is easy to use. We are independent of all special interest groups.

Subscribe

Click here to sign up for our free twice weekly golf industry news summary

View the latest newsletter here