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There’s been a few on the market recently. Is this the VCs wanting to start cashing out?
There won’t be much to cash out from £2m
On the plus side (maybe) it includes approx 45,000 bottles of wine. Yay!
On the minus side, those hoping to make a quick buck by developing & selling on the estate… will note the ‘overage’ clause of 30% for 20 years.
A bargain if it can be converted to a boutique spa / restaurant with accommodation (which will cost AT LEAST another £1M+ to develop) . But perhaps not viable if the buyer wishes to run it solely as a vineyard / winery ?
Sadly there are no sexy Pinots or Chardonnays planted, just the old fashioned and poorer quality Germanic varieties. A bit job to sort that out!
Chilford Hall has benefited from wine tourism in the form of vineyard visits and tastings, which both currently take place on land the seller is retaining, but would lease to a new owner.
They’re keeping the valuable bits too.