Compton Acres historic gardens off the market due to lack of suitable offers

The Compton Acres historic gardens in Poole, Dorset, has been taken off the market by owner Bernard Merna due to a lack of satisfactory offers for the 4ha site.

Compton Acres, which has gardens, a restaurant and planning permission for a 36-bedroom hotel, was up for sale for £4m last year.

A representative for estate agent Savills, which was handling negotiations with potential buyers, explained that while there were offers in the £2m-£3m range, no prospective purchaser met the seller's valuation.

"There is development potential at the site and there was a lot of interest, but the seller didn't get the offer he wanted," he said.

The gardens and cafe overlooking Poole Harbour are operated by the owner, while the remainder of the site's facilities - a wedding venue in the Italian villa, cafe, restaurant, shop, offices and children's day nursery - are all let to tenants.

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