Hotel/guest house for sale in Newton Stewart, Dumfries & Galloway DG8

POA
Hotel/guest house for sale
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Property features

  • Incredible opportunity! Fully refurbished 18th century Baronial mansioned estate nr Newton Stewart, Dumfries.
  • Fantastic opportunity for 5* exclusive wedding venue and spa resort. Bids invited in the region of £3,200,000.
  • 100 acres of stunning grounds close to Galloway Hills and Galloway Forest Park – woodland/ river bank/gardens/ grazing.
  • Extensive planning applications for expansion/ conversion of buildings and extensions of house (spa).

Property description

Reference - 47096

Description
Penninghame House and Estate is an extremely well run business that has been owned by the current proprietors since 2000. The property has been extensively renovated by the current vendor and is now offered to market as an excellent opportunity to develop into an exclusive high quality hotel resort. The property has been placed on the market due to the current proprietor’s relocation. The estate comprises a 18th century mansion house with 16 bedrooms, 3 bedroom self contained apartment, management office suite, gymnasium, sauna and steam room, 5 luxury detached properties, conference building and 120 acres of woodland, gardens and 1500m of river frontage onto the River Cree.

A true period piece, the historical property was constructed in 1869, with the ‘Gustavian’ dining room and office building predating this, being built around 1700. At its height the estate comprised of 37,000 acres, with the land from 40 farms. During the First World War however, the home saw the first of its alternative uses, with the grounds of the then 18,000-acre estate being utilised as a hospital. Between 1921 and 1952 the estate was owned by Henry Oxley as his
residence and hunting estate.

The estate was purchased by the vendor where the property saw a meticulous renovation, marrying the classical period stylings with the amenities of modern-day convenience. The restoration come modernisation saw the addition of a gym studio, a contemporary kitchen, bowling green which is also utilised as a helipad and numerous luxury outbuildings.

The property has planning permission and all warrants granted for a further 18 ensuite bedrooms within a separate building. The vendor will complete these works prior to sale.

We are advised that there are also several other planning applications and architect drawings available for the conversion of the stables and garage buildings into accommodation.

There is also a planning application for an extension to the main house to add a large swimm

Situation
The Penninghame House Estate is located in an extremely private and picturesque part of South West Scotland about 3 miles to the north west of Newton Stewart which provides a good range of local services. The estate is located close to the Galloway Hills and the Galloway Forest Park. The Galloway Forest Park offers spectacular views and a diversity of dramatic scenery.Three hundred square miles of wild beauty are waiting to be explored, here, in Britain's largest forest park. The area also boasts a number of dramatic beaches. The surrounding area has plenty of sporting opportunities with fishing and low ground shooting available to rent on surrounding estates.

A number of good quality golf courses are available locally whilst the Trump Turnberry Resort on the Ayrshire coast is approximately 30 miles away..

Building Internal
The Property

Penninghame House is a commanding 18 century mansion house with the original building dating to the 1700s. The main house was built in 1869 and is set over three floors. The ground floor comprises of large entrance vestibule, reception hallway, library, drawing rooms, ‘Gustavian’ Formal dining room, office suite and gymnasium with sauna, steam rooms and changing facilities.

On the first floor, you will find the main bedrooms on the house and additional family living areas, consisting of family lounge, dining kitchen, two studies. The configuration of the first floor areas, would allow for further ensuite bedrooms with minimal works. In addition the first floor also offers a further 5 ensuite bedrooms, together with a 2 bedroom self contained apartment. The apartment comprises 2 bedrooms, lounge, kitchen and two bathrooms. Again this area offers the opportunity to reconfigure into several ensuite letting bedrooms.

The second floor offers 5 further bedrooms, 4 of which have ensuite facilities, along with a further kitchen. Again, the potential for additional letting bedrooms is offered with minimal works being required to provide 6 ensuite letting bedrooms.

Cottages

Penninghame estate has five separate cottages within the grounds, comprising the following;

Cree Cottage;

A detached, fully renovated 3 bedroom stone built property which benefits from reception hallway, lounge, dining kitchen, sun room, utility room and bathroom.

Sienna Cottage;

Sienna is a detached two storey property of traditional brick and timber construction, consisting of; reception hallway, lounge, 5 bedrooms, bathroom and separate shower room, large garden room and integrated garage.

Mid Lodge;

Mid Lodge is a single storey former gate lodge which has been extended and renovated to a high standard. The lodge comprises of reception hallway, garden room, which is glazed to three sides, 4 bedrooms, of which two are ensuite. The property benefits from

Building External
The property sits well in its own grounds surrounded by circa 100 acres of gardens and woodland with 1500m of river frontage. There is a ample space for 30+ cars. The mature gardens surround the property, with several paths leading around the grounds. The property has a large walled garden, bowling green, with licence for heli pad.

Tenure
The vendor has advised that this is a freehold sale.

Bids invited in the region of £3,200,000. (Furniture and paintings are available by separate negotiation)

Summary
In addition to the conference centre, spaces throughout the estate could be utilised as function venues, complementing the impressive amount of accommodation that the estate has to offer. Able to accommodate up to 100 guests, the main dining room / cook school could allow almost double the capacity of the conference building, whereas if a marquee was to be erected on
the site this could allow entry for up to 450 people.

With such varied terrain across the grounds, comprising of rich forestry, parklands and riversides, the estate would be ideally suited for development into a luxury retreat, both due to its tranquil surroundings and the range of accommodation options the estate provides.

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For more information about this property, please contact
Kings Business Transfer, PR2 on +44 1772 913303 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Kings Business Transfer, and do not constitute property particulars. Please contact Kings Business Transfer for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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