International real estate advisor Savills has been instructed on behalf of Roxburghe Estates to bring the award-winning Roxburghe Hotel and Golf Course near Kelso in the Scottish Borders, Scotland to the open market, seeking offers of over £3.25 million
Set in 292 acres, the B-Listed mansion was converted into a prestigious 22 bedroom hotel by current owner Duke of Roxburghe, in 1982.
A keen golfer himself, the Duke appointed renowned golf course architect Dave Thomas to design the 7,111 yard championship golf course, which ranks among the top ten parkland courses in Scotland. It has hosted the Scottish Seniors Open and pro-celebrity charity matches featuring, among other high-profile names, HRH Duke of York, Nick Faldo, Colin Montgomerie and Sergio Garcia. Sergio Garcia holds the course record of 66. The European Tour Qualifying School event returns to the Roxburghe in September 2017.
The property also includes a clubhouse with function room. A fishing and shooting school is operated within the grounds of Roxburghe Hotel and Golf Course. Planning consent has been granted for 60 self-catering holiday lodges, a new clubhouse and 10 bedroom dormy house.
The Duke of Roxburghe said, “The business has been a particular interest and focus of mine since it first opened as a country house hotel in 1982, which subsequently expanded with the development of the first championship golf course in 1995. It has given me enormous pride and satisfaction to see it develop successfully over the years, but it became clear that a new investor needed to come aboard for the Roxburghe to move to the next level and become a world class destination. We look forward to seeing the Roxburghe continue to grow successfully in future in new hands”.
Steven Fyfe, an associate in Savills hotels agency team said: “Scotland’s hotels sector continues to see strong buyer demand, with investment volumes in the first half of 2017 reaching £118 million: this matches the total turnover for the whole of 2016. With such a strong backdrop in terms of investment, a rare opportunity such as The Roxburghe Hotel and Golf Course will appeal to both domestic and international buyers.”
Jamie Macnab, Director of Savills Country Houses team added: “Golf, history and scenic beauty are three Scottish attributes which appeal to international visitors and buyers alike. The Roxburghe Hotel and Golf Course is set in a beautiful rural location which is rich in history. The golf course is highly rated and attracts players both locally and from all over the world. These attributes, combined with the opportunity for expansion with holiday lodges, provide potential for the Roxburghe to become a world class destination resort.”
Early records reveal a dwelling on the site, which was known as Sunlaws, as far back as 1543. It burnt to the ground in 1770 and a new house was built on the site soon after 1810 but was largely rebuilt after a second fire in 1885.
The Roxburghe was crowned best Golf Hotel of the Year 2017 at the Scottish Hotel Awards. The golf course is listed in the Top 10 parkland courses in Scotland and Number One in the Scottish Borders.
The Roxburghe Hotel and Golf Course is located two miles from the bustling market town of Kelso on the Banks of the Tweed in the Scottish Borders, close to the Scottish/English border. Kelso, renowned for its world-class salmon fishing, is home to Floors Castle, Scotland’s largest inhabited Castle built for the first Duke of Roxburghe in 1721 and is one of Scotland’s five star attractions.
Berwick-Upon-Tweed station lies 25 miles to the east from where there are regular main line train services to London and Edinburgh. The Borders railway runs regular services to Edinburgh from Tweedbank station, 20 miles to the west. Edinburgh and Newcastle are within 1½ hours drive, both served by international airports.
The hotel and golf course have been brought to the open market after a private sale did not proceed due to the unexpected failure to commit by a purchasing investor.
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For further information, please contact:
Steven Fyfe, Savills Hotels Tel: +44 (0) 141 222 4159
Jamie Macnab, Savills Country Houses Tel: +44 (0) 131 247 3738
The Roxburghe Hotel and Golf Course http://roxburghe-hotel.net/