Specialist hotel property adviser Christie & Co and real estate services company Savills have been instructed to sell the Ston Easton Park Estate, a former country house hotel, in Somerset, UK.
The instructions to sell this property were provided by the Joint LPA Fixed Charge Receivers James Liddiment and Paul Greenhalgh from Kroll Advisory.
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Ston Easton Park Estate is a Grade I listed Palladian mansion, which is set within approximately 28 acres of gardens and grounds, originally designed by renowned landscape designer Humphrey Repton in the 1700s.
The property, which is located near the Mendip Hills Area of Outstanding Natural Beauty (AONB), includes Grade II-listed formal landscaped gardens and a rear terrace with views of a tiered weir, as well as kitchen gardens, woodlands and orchards.
This estate, having been in the possession of the Hippisley family for over four centuries, was abandoned by the mid-20th century.
Christie & Co stated that it was Lord William Rees-Mogg who initiated the restoration of the estate after purchasing it from the Hippisleys.
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By GlobalDataThe extensive restoration was largely completed when hotelier Peter Smedley acquired the property in the 1970s.
Under his ownership, the mansion was transformed into a country house hotel featuring 20 en-suite guest bedrooms.
Despite its historical significance and the extensive restoration efforts, the hotel ceased operations in 2021 and is now being offered for sale with vacant possession.
According to Alistair Heather, who is marketing the property on behalf of Savills, the property has the potential to be used for various commercial purposes.
Heather said: “It is a privilege to represent the sale of one of Somerset’s most impressive and historic country estates. The property offers incredible potential for use commercially or, subject to the necessary consents, reinstated as a residence of considerable grandeur.”
Christie & Co regional director Ed Bellfield, who is handling the sale, said: “It is rare that a property of this magnitude comes to the open market and considering its location, the estate will offer a buyer potential for a variety of alternative uses, subject to obtaining planning permission.”
