Stellar pair win the PGA in Scotland Business Club event
We are pleased to announce that Stellar’s pair were victorious at the recent PGA in Scotland Business Club event. Neal Archer from Bramshaw Golf Club also came away with longest drive of the day.
The event was hosted at Murrayshall Country House Hotel and Golf Club, situated in the stunning Perthshire countryside, which is managed by Stellar on behalf of our investors.
The club captains from our golf assets, Mark Borham of Paultons Golf Centre and Neal Archer of Bramshaw Golf Club, were invited along with 45 other guests from across Scotland to showcase the extensive investment that has taken place in both the hotel and golf course at Murrayshall.
Many of the guests had not visited for a number of years and were very impressed with the improvements being made across the course, hospitality and hotel facilities.
David Longmuir, Manager of the PGA in Scotland commented:
“The PGA In Scotland hosted their first Business Networking event of the year at the Murrayshall Hotel and Golf Course on Friday last week.
The day was a great success both on and off the course and the assembled guests were full of praise for the quality of the surroundings and the overall Murrayshall experience.
We look forward to working with Murrayshall again in the future and wish them all the very best for their exciting development plans for the hotel and course.”
Murrayshall’s reputation continues to grow
Murrayshall was acquired by Stellar in 2016. Over the past five years, we 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 and the council, leading to the formal announcement of a 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.
These plans would ensure that Murrayshall has the facilities to match the high standards of the golf course, offering a sustainable and high quality leisure destination that is truly for everyone.
Business Relief qualifying investments into hotels and golf courses
Hotel and golf course investments provide opportunity for a good level of regular annual income, which should rise as the asset management efficiencies are generated. This in turn should lead to capital growth following the increase in profitability.
If you would like to find out more about Business Relief qualifying investments through hotels and golf courses and how they could work for your clients, we recently hosted a webinar with our investment team and a number of asset managers.
This online event was designed to offer insights into the opportunities available in these areas along with a number of case studies to demonstrate how value is enhanced and how risk is mitigated in these areas.
Click the link below to watch the webinar recording and access a range of useful resources.
Business Relief Strategies
Golf and Hotel Business Activities
Written by Jack Dobinson
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.