Coldeast Mansion aparthotel sold off guide price of £3.5m

02 September 2021 by
Coldeast Mansion aparthotel sold off guide price of £3.5m

Aparthotel and wedding venue Coldeast Mansion in Sarisbury Green, Hampshire is to reopen after being bought out of administration off a guide price of £3.5m.

Savills, acting on behalf of administrators, has sold the venue to local privately owned company Fern Property Ltd.

Coldeast Mansion has its origins in the 19th century and was recently converted into 37 serviced apartments and function rooms for weddings and events. Its former parent company Coldeast Mansion Ltd entered administration in 2019.

Fern Property have begun an extensive refurbishment programme and plans to reopen the site this month with a new food and beverage offer. This will include casual daytime restaurant the Mansion, six outdoor dining pods, a Library Bar and Admiral Lounge.

Jason Parker, representing Fern Property, said: "The Mansion at Coldeast is a very special property that warrants the flexible and imaginative approach that best suits our company.

"Our primary focus is to create a high quality, well-run hospitality venue that will attract both locals and customers from further afield. We firmly believe that the Mansion will become the go to venue in this area, be that for a cup of Lavazza coffee or a private dining experience for eight under the stars."

The mansion sits on 8.9 acres of green gardens and parklands and backs onto the 70-acre Holly Hill Park and Gardens nature reserve.

The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking