The property portfolio of ex-Norton boss for sale at over £13m

DONINGTON HALL AMONG BUILDINGS NOW ON THE MARKET

PROPERTIES previously owned by the ex-Norton Motorcycles boss have been put up for sale by administrators.

Some of the buildings owned by Stuart Garner have been put on the market by estate agency Sanderson Weatherall.

The company been appointed by administrator BDO to market the portfolio of Donington Hall Estates.

Norton, which is based at Donington Hall site, has been sold to Indian motorcycle maker TVS Motor Company.

BDO is looking to offload the properties.

The portfolio includes Donington Hall, the Priest House Hotel, which has recently been operated by Legacy

Hotels since going into administration, Hastings House, The Lansdowne Buildings and Kings Mills Caravan

Park, all set in more than 80 acres.

According to Sanderson Weatherall, which is marketing the entire portfolio with a guide price of just over £13 million, there is planning consent in place for a substantial extension to Priest House Hotel.

A development of woodland lodges within the site has also been given the go ahead.

Tim Simmons, a partner at Sanderson Weatherall, said: “This is a truly unique portfolio offering the opportunity to acquire a landmark building with a rich history in the heart of the Donington Park Estate. “Offers will be considered for individual buildings and we are already receiving exceptional interest from domestic and international buyers.

“The proximity to East Midlands Airport and Donington Park Race Circuit, as well as enviable road network connections, are obvious commercial

It’s an opportunity to acquire a landmark building with a rich history

Tim Simmons

an attraction.

“The various properties offer scope for a wide range of uses with various existing consents for leisure, offices, industrial, and residential uses. Interested parties are encouraged to make enquiries at the earliest opportunity.”