Murrayshall begins major planning application public consultation event

Murrayshall Country House Hotel and Golf Club is pleased to announce that it’s about to engage in a public consultation process ahead of the submission of a major planning application to Perth & Kinross Council early next year. If successful this will lead to the creation of hundreds of new jobs, provide a significant boost to tourism and inject millions into the local economy.

Murrayshall, which is one of Scotland’s finest golf resorts, was acquired by current owners, Stellar Asset Management back in December 2016. Over the past four years, they have invested over £2.5 million into the property as part of Phase 1 plans to elevate the standard of the historic country house and estate. This included all internal areas, bedrooms & suites, the introduction of an outdoor pursuits programme for guests and significant improvements to the golf courses.

Murrayshall subsequently rose sharply up the Golf World Top 100 golf resorts in the UK & Ireland rankings to #52 and also moved inside the top 50 in the equivalent Golf Monthly rankings.

Discussions have since developed from there between Stellar Asset Management and the council, leading to this week’s formal announcement of the Phase 2 Estate Masterplan Strategy for a potential £15M investment programme.

If approved, the project will see new public facilities including a spa & leisure facility, outdoor pursuits area, golf academy, indoor games room, premium glamping units & lodges as well as upgraded staff accommodation. These developments would also double the hotel’s existing room capacity to encompass 80 rooms, suites & lodges.

Jonathan Gain, Chief Executive of Stellar Asset Management commented: “We are pleased to be able to share our development plans with the local community and are confident that they will share our vision for this next stage of the evolution of Murrayshall. The improved facilities will not only benefit the existing members and hotel guests but will also provide hundreds of employment opportunities for local people, as well as a high-quality leisure facility to use, right on their doorstep; not to mention a much-needed boost to local tourism in these challenging times.

Our plans will ensure that Murrayshall will soon have the facilities to match the high standards of our golf course and I have no doubt that it will become one of Scotland’s finest countryside leisure destinations.”

Fergus Purdie, the project’s Lead Consultant and principal of multi-award-winning architects said, “We are delighted to be part of such an exciting and significant project that will bring huge benefits across the board for Perth and Kinross. Our intention is to work with the local community, in a considered and informed approach throughout the consultation process.

Our intention is to create a sustainable and high-quality leisure destination that is truly for everyone, offering high-standard outcomes and integrating these new proposals within Murrayshall’s exceptional landscape setting.”

Vicki Unite, Chief Executive of Perthshire Chamber of Commerce, added, “It’s fantastic to see ambitious projects being proposed in Perthshire, particularly during this challenging time. The changes already implemented at Murrayshall demonstrate commitment, significant investment and have been hugely impressive. Future developments could be of huge benefit to the local community, with new job opportunities and the injection of millions of pounds of extra spend.”

David Longmuir, Manager, The PGA in Scotland, said, “I have long regarded Murrayshall as a hidden gem with its stunning countryside setting in the heart of Scotland. The significant works that have already been undertaken have seen the profile of the property rightfully elevated and I’m now buoyed to see plans to take this to a whole new level with a brand-new golf academy, improved practice facilities and a tremendous asset for the region.”

Public consultation information with presentation boards is available to view online. Click here to view more.

For more information, please contact James Lovett at Front 9 Group at james@front9group.com

About Murrayshall:

Set in 365 acres of stunning Perthshire countryside, Murrayshall offers a luxurious four-star country house experience in the heart of Scotland. Lovingly restored over the past few years, the former home of Lord Lynedoch dates back over 400 years. It is situated just 3 miles from the cultural city of Perth, offering guests a tranquil haven in which to unwind and relax, with 40 elegant and spacious rooms and suites, 27-holes of stunning parkland golf and delicious local cuisine in our Lynedoch Brasserie. www.murrayshall.co.uk.

Important Information

Stellar Asset Management Limited does not offer investment or tax advice or make recommendations regarding investments. Prospective investors should ensure that they read the brochure and fully understand the risk factors before making any investment decision. The value of investments and the income from them may fall as well as rise and is not guaranteed. No assurance or guarantee is given that any targeted returns will be achieved. Forecasts of potential future results are not a reliable indicator of actual future results.

Stellar Asset Management Limited of Kendal House, 1 Conduit Street, London W1S 2XA is authorised and regulated by the Financial Conduct Authority.