Wednesday, 24 June 2009

St Andrews Iconic Building on the Market

According to press reports this morning, Hamilton Hall, the iconic building that has provided the backdrop to some of golf's greatest moments has been put up for sale after a developer, who paid £20m for it five years ago, withdrew plans to turn it into luxury timeshare apartments. Empty and decaying, the building was once the town's Grand Hotel, before it was bought by the university in the 1950s.
Spokesman Alan Creevy said: "It is hard to imagine a more iconic building which will be known by all in the world of golf as the backdrop to the many eventful Open finals which have taken place at St Andrews over the years. "Properties such as Hamilton Hall almost never come on the open market and we are delighted to handle such a prestige instruction. The property has planning and listed building consent for 25 luxury apartments, which were originally intended for fractional ownership.

Now for all of those interested in a weekend home you can get details from the following.

Jones Lang LaSalle Hotels and Jones Lang LaSalle are marketing Hamilton Hall on the worldwide stage by a cross-functional team of experts. The firm is commencing an international search for qualified investors through a personalized marketing strategy designed to reach likely buyers in global markets. For more information on this offering, reach Arthur.Adler@am.jll.com in New York, Alan.Creevy@eu.jll.com in Scotland, Mike Batchelor@ap.jll.com in Singapore, or Jalil.Mekouar@eu.jll.com in Dubai.
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