Flint Bishop

The Belfry is officially put on the market

Pictured: The Belfry - the world-renowned business, golf and leisure resort

The Belfry - the world-renowned business, golf and leisure resort - is expected to attract "significant international interest" after being officially put on the market.

Commercial property agent Jones Lang LaSalle Hotels has been appointed to market the 550-acre resort in Warwickshire, regarded as the spiritual home of the Ryder Cup, which is owned by Irish-based businessman Sean Quinn Junior.

The resort includes a 324-bedroom hotel, three golf courses which have hosted four Ryder Cups and numerous European Tour events, extensive corporate conference and meeting facilities, a spa and newly-refurbished Health & Wellness leisure club, on-site nightclub and the headquarters of the PGA.

Nigel Gray, Managing Director for The Belfry, commenting on the future of the resort, said: "We can confirm that new owners are being sought for The Belfry and we are extremely confident this will prove to be successful.

"The Belfry is a highly-profitable business which has just enjoyed a successful 2011, with figures up on 2010 levels. The team here is highly experienced and it has very much been business as usual in the last few months with a very encouraging pipeline of business for the coming months. That will continue during this process.

"The Belfry is very much an international brand both for the hotel and conference side of the business as well as the golf operation which is world renowned. Just last year it was named England's Leading Golf Resort at the World Travel Awards.

"We are very confident that a sale will be realised and allow The Belfry to continue to develop and grow."

George Nicholas, of Jones Lang LaSalle Hotels, said: "The Belfry is an iconic golf destination; combining an internationally recognised brand with a successfully trading business, and quality sales of this nature rarely come to the market. We expect significant international interest to be attracted among buyers from across the globe as investors bid to secure this rare opportunity.

"Furthermore, we are already seeing interest being expressed from across the globe, particularly from Asia where investors are seeking to capitalise on the relatively low British Pound."

 

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Article published by Midlands Business News on 17 January, 2012

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