Moulsham Hall Estates Expands Portfolio with Strategic Racecourse Acquisition

Moulsham Hall Estates has strengthened its strategic position in the South East through the asset acquisition of Chelmsford City Racecourse, encompassing 150 acres of prime land and associated assets. The transaction secures substantial long-term lease revenues while unlocking significant development opportunities at one of Essex's premier sporting venues.

The racecourse, which serves a catchment area of 8 million residents within comfortable travelling distance, represents a strategic addition to MHE's expanding portfolio. Under the acquisition terms, Great Leighs Estates Ltd will continue their established operational lease of the racing facilities, maintaining the venue's successful decade-long racing programme.

The development strategy for the site encompasses comprehensive facility enhancements and infrastructure improvements, positioning the venue as a premier entertainment destination in the region. Existing planning permissions across the extensive grounds present substantial opportunities for expanded commercial activities beyond traditional racing operations, whilst ensuring the continuity of established racing activities.

This strategic acquisition marks a significant milestone in MHE's growth trajectory, reinforcing the company's position as a leading property developer in the South East whilst demonstrating its commitment to long-term, sustainable investment in premium leisure assets. The combination of secure lease income from racing operations and the potential to maximise venue utilisation throughout the year enhances the portfolio's long-term value proposition.