Kilworth House Hotel and Theatre in Leicestershire have been put up for sale for £11 million.
Current owners Celia and Richard Mackay opened the grade II-listed hotel, which has 44 period bedrooms and two restaurants, in 2003.
The 550-seat open-air theatre was built next to the hotel’s lake in 2007.
Celia Mackay told The Stage that there is no deadline for the sale and they are eager to find an owner to “uphold the high standards” of the theatre and hotel.
“The theatre and hotel are being sold as one, because the two complement each other and it’s a whole event when people come to Kilworth,” she said. “They go hand in hand and they were created with love and care as one business.”
She said they would be “extremely careful” about who the hotel and theatre are sold to, as she argued “a lot of passion” has gone into the business.
She added: “I want to stress that there is no urgency on this. Often when things are sold, it’s because they’re in financial trouble, but we’re right at the top of our game here.”
The sale of the hotel and theatre is being managed by Savills.
Upcoming shows in Kilworth House Theatre’s 2020 season include Carousel and Half a Sixpence.