Kelham Hall near the Lincolnshire border is up for sale for a whopping £10 million — £6 million more than what it was bought for some two years ago.
Kelham Hall & Country Park is situated in Newark-on-Trent, and is owned by Jonathan Pass, a Lincolnshire-based businessman.
He finalised the purchase of the historic estate at the end of December 2017 for £4 million after a four-year process.
The hall was designed in 1863 by Sir Gilbert Scott, and is a 44 acre wide plot of Victorian parkland, but it could be on the verge of conversion.
Full planning and building consent has been given to turn Kelham Hall into a 103 bedroom hotel, with a built-in spa and other recreational facilities.
This would go alongside work as a wedding and events venue, with capacity of up to 1,000 people for whoever buys the property.
Property adviser Christie & Co has been selected to control the sale of the hall, with Ryan Lynn, director of corporate hotels, overseeing the process.
He said: “Kelham Hall is one of the most iconic and historic buildings in the area and offers a buyer the chance to create what could be one of the best hotels in the country.
“This is a great opportunity for a buyer to secure a substantial property and redevelop it over the next 12 to 24 months, allowing the business to open into a resurgent market.”