It also includes facilities for events and weddings, which cater for up to 400 guests in the main Palazzo function room which includes its own kitchen and bar.
In addition, the Palazzo contains two further meeting rooms for smaller conferences or events.
The hotel’s leisure facilities also include an 18-hole USGA specification golf course, outdoor tennis courts, indoor and outdoor swimming pool, spa facilities, sauna, steam room, jacuzzi, croquet, fully-equipped gym, multi-sports simulator and club bar.
Stephen Champion, director at Christie and Co, who is handling the sale, said: “Highbullen presents extensive upside to any prospective purchasers whether it be through the numerous planning permissions in place to further develop the hotel and grounds or the opportunity to expand the current business with the facilities already in place.
“Hotels with this scope and potential rarely come to the market and we expect to see high levels of interest from a range of buyers including hotel groups, high net worth individuals, foreign buyers or developers looking at the planning permission in place.”
Outline planning permission has been granted for 58 new holiday home lodges within the grounds and an extension of 16 bedroom suites to the existing hotel. Reserved matters applications have also been submitted for four guest accommodation tree houses and 15-holiday lodges.
David Tearle, resort director at Highbullen, said: “We are confident we will find an excellent buyer for Highbullen with the sale being jointly handled by two of the UK’s premiere hotel agents Christie and Co and Savills. I have the utmost trust in both agents to handle the details with honesty and integrity.
“With a planning application for treehouses and lodges in the final stages, the sale offers a fantastic opportunity for the full development of this exceptional resort.”
He added: “In the meantime, there will be no significant changes in the day-to-day running of our much-loved hotel as it is important we continue to maintain our extremely high standards and, as always, take pride in the hospitality and care of our guests.”