Tracy Park Hotel & Golf Club near Bath closed after being after being sold to a private buyer.
Boasting two championship 18-hole golf courses and Grade II listed 40-bed hotel, the venue had been on the market with a guide price of £12m.
The 240-acre estate was the home of the Tracy family for 300 years until it was developed into a golf hotel in 1974.
In an email to members announcing the closure, general manager Greg Shaw, whose family owned the estate, said:
“As a family, when starting the new chapter at Tracy Park in 2019, our full intention and focus was to develop Tracy Park into a premier golf and leisure destination”
“Yet after £300,000 investment in planning applications, we have received very little sign of encouragement or belief that this ambition will be realised under current planning constraints”
“Over the past few months, many potential purchasers and operators have viewed the property and had access to the historical trading figures and planning applications.
Regrettably, all leisure operators have concluded that under the planning constraints and current business model, Tracy Park is not a viable operation. However, the current ownership has been approached by a private individual and a sale of Tracy Park has been agreed.
“I understand that this will be a massive shock to many members and will undoubtably cause a great deal of sadness and for this I am truly sorry.
We are absolutely heartbroken to have to leave Tracy Park, where we have started our young family, and had dearly hoped that this would be where we would raise that family, but sadly it will not be the case.”