£2m Slebech estate put on the market after administration blow (From Western Telegraph)
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£2m Slebech estate put on the market after administration blow
1:54pm Wednesday 15th February 2012 in County News
A Pembrokeshire estate, which has been in the same family for centuries, has been placed on the market for close to £2m.
Slebech Park Hotel, manor house and estate, situated in the Pembrokeshire National Park, has been put on the market for £1,950,000.
After going into administration in November, the hotel, which overlooks the Daucleddau Estuary, is being sold by agents Colliers International and GVA Humberts Leisure, on behalf of hotel administrators and estate owners Geoffrey Philipps, and his wife Georgina.
Mr Philipps said: "It's a difficult time for us. The sale is all part of the administration process, and unfortunately we do not have any other options.
"It's not ours to judge - it's in the hands of the administrator now, and he has to do what he has to do.
"When we opened, we were there to employ local people and bring tourists into the area, and because of the banking situation, we have not been successful.
"It is an end of a very long era."
Mr Philipps said that he is trying to buy the business back from the administrator, and will be competing with other prospective bidders.
The 600-acre mixed estate has been in the Philipps family for centuries. It spent a brief time out of the family at the end of the Second World War, but was brought back by Mr Philipps' father in the 1950s.
The hotel and restaurant, based around the estate's 18th century coach house, were opened by the couple two years ago, but a shortfall in property valuations caused the business to go into administration on November 7th.
Both agents are open to offers for the whole or parts of the estate.
For more information call agents Peter Brunt of Colliers International on 01179 172000, or Charlie Mason of GVA Humberts Leisure on 02079 112488.
Comments(16)
Davy525
says...
7:31pm Wed 15 Feb 12
Harrygrayballs
says...
8:19pm Wed 15 Feb 12
danthomas
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10:57pm Wed 15 Feb 12
Mr Philipps is clearly upset but so should all the rest of us who helped him to fund it.
philipw
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10:13am Thu 16 Feb 12
Perhaps PCC and WG could tell us how much and what, if any, guarantees are in place?
I would be delighted if the WT gave publicity to this aspect as well!
Mike Stoddart
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8:16pm Thu 16 Feb 12
330 acres farmland at £5,000 per acre =£1.65 million.
200 acres of woodland at £2,000 per acre = £400,000
Total circa £2 million
So I assume the price quoted is for the land alone.
the buildings must be extra.
Mike Stoddart
says...
8:18pm Thu 16 Feb 12
330 acres farmland at £5,000 per acre =£1.65 million.
200 acres of woodland at £2,000 per acre = £400,000
Total circa £2 million
So I assume the price quoted is for the land alone.
the buildings must be extra.
Hyper-injunctions
says...
10:00pm Thu 16 Feb 12
Mike Stoddart wrote:Mike I'm sorry to have to point out your naivete. ;-)
I think the WT has got its numbers wrong here.
330 acres farmland at £5,000 per acre =£1.65 million.
200 acres of woodland at £2,000 per acre = £400,000
Total circa £2 million
So I assume the price quoted is for the land alone.
the buildings must be extra.
The WT did absolutely no work on this infomercial what-so-ever. The figure is correct and comes from the estate agents website. It is freely available to check on a handy 'promotional pack'. The WT were keen enough to share Peter @ Colliers International and Charlie @ Humbert's telephone numbers, I'm surprised they didn't include a link!
Mike Stoddart
says...
8:22am Fri 17 Feb 12
I have now located the advert from this week's WT which details 331 acres farmland; 198 acres woodland; and a renowned pheasant shoot with a guide price of £1.95 million.
At the bottom of the advert it says: "In addition there is also the opportunity to purchase the estate's manor house, hotel and cottages."
I have also found the report on Objective 1 funding which gives details of the grant awarded to the project.
It reads Total project cost £6,705,098 - ERDF £1,026,410.
In addition, there was grant funding (amount unknown) from the Welsh Tourism Board and the Welsh Government.
conspiracy
says...
8:45am Fri 17 Feb 12
Mike Stoddart wrote:All this funding has been indirectly financed by us, the "Landless Peasants".
I have been called many things but this a first for naive.
I have now located the advert from this week's WT which details 331 acres farmland; 198 acres woodland; and a renowned pheasant shoot with a guide price of £1.95 million.
At the bottom of the advert it says: "In addition there is also the opportunity to purchase the estate's manor house, hotel and cottages."
I have also found the report on Objective 1 funding which gives details of the grant awarded to the project.
It reads Total project cost £6,705,098 - ERDF £1,026,410.
In addition, there was grant funding (amount unknown) from the Welsh Tourism Board and the Welsh Government.
: (
philipw
says...
10:31am Fri 17 Feb 12
Mind you with so many issues to catch up with I doubt you will have time!
Hyper-injunctions
says...
10:35am Fri 17 Feb 12
Mike Stoddart wrote:Mike I was only pulling your leg. You have unearthed some good info on this advertisement feature disguised as a story.
I have been called many things but this a first for naive.
I have now located the advert from this week's WT which details 331 acres farmland; 198 acres woodland; and a renowned pheasant shoot with a guide price of £1.95 million.
At the bottom of the advert it says: "In addition there is also the opportunity to purchase the estate's manor house, hotel and cottages."
I have also found the report on Objective 1 funding which gives details of the grant awarded to the project.
It reads Total project cost £6,705,098 - ERDF £1,026,410.
In addition, there was grant funding (amount unknown) from the Welsh Tourism Board and the Welsh Government.
The Pheasant shooting rights sound intriguing. What with all this talk of 'estates' and 'manor houses' I'm wondering has Conspiracy' blindly bumbled into a TRUTH??? Perhaps it's Peasant shooting not pheasants.......
I for one am really happy that I've gone to work to contribute to our betters luxurious lifestyle, and I'm looking forward to doing so for the rest of my life.
neil p
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3:14pm Fri 17 Feb 12
conspiracy
says...
3:45pm Fri 17 Feb 12
neil p wrote:Totally agree with you Neil. : )
Having spent quite a few weeks cycling on trails that used to be railway lines around the country, isn't it time the WG and tourist board invested in reopening the old rosebush railway as a cycle route. This would provide visitors and tourism through the spectacular uplands of the county that would allow EVERYONE to use for free. I feel this would provide more for locals and visitors alike and would be not only for those with money to burn.
The council have provided a few good cycle paths, they just need linking up, and connected to all major towns, so we can all walk or cycle in traffic free conditions. This alone would bring in a host of health conscious,walking and bicycling tourists, along with their much needed cash. If the different agencies can provide funding for playgrounds for the rich, such as the "Slebech estate", I am certain they can invest in a few more cycle routes that will provide free travel/leisure and fitness for all.
philipw
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5:02pm Fri 17 Feb 12
This is not the first 'big' project to have gone belly up in the County in recent times.
I have always argued that objective 1 and other funding streams would be better off spread amongst small business in the County.
£50k given to 20 businesses, from retail, tourist accomodation, activity centres etc would yield far greater benefits, with a much lower chance of failure than the £1m+ which seems to have gone down the drain here.
neil p
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6:46pm Fri 17 Feb 12
Many of the tracks i have used have been away from from the main roads. On these routes are cycle hire shops, cafe's and the odd pub or two + business for village shops. With the existing train connections and the new services to goodwick, the old rosebush line could be accessed for most people by taking their bikes on the train. ( i think it used to be linked this side of whitland and and the far side of letterston) This would bring business to the outlying rural areas.
Hyper-injunctions says...
6:10pm Wed 15 Feb 12