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The Business Magazine July 2024
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Southampton wedding venue Three Choirs Vineyards bought in management buyout

The Business Magazine article image for: Southampton wedding venue Three Choirs Vineyards bought in management buyout

Southampton Wedding Venue, the Three Choirs Vineyards has been subject to management buyout and renamed The Wickham Estate.

The Southampton vinyard and wedding venue was purchased by married couple, James and Samantha Davies at a cost of £1.1million. The Davies secured the finance from Lloyds Bank.

The 40 acre vinyard produces 25, 000 bottles of wine per annum, while its wedding venue hosts an average of 50/60 ceremonies per year. All staff have been retained following the takeover.

Mrs Davies is the former general manager and believes revenue can be boosted to £500,000. The couple's business plan includes constructing on site accommodation and providing live music and cinema events.

Samantha Davies said: "Lloyds Bank has taken the time to really get to know our business, and has been by our side and shared our passion for this project from the start.

“I’ve loved working in this stunning setting for the last seven years, and James and I are so excited about all the different areas of it with potential to develop to bring it even more to life.”

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Stephen Emerson is the Managing Editor of The Business Magazine and is responsible for the publication's print publications and online properties including the newly launched Biz News websites in Hampshire and Dorset.

Stephen has been a journalist for 20 years and has worked at local, regional and national publications and led a team which made The Scotsman website one of the fastest growing news sites in the UK with over eight million monthly users.

He has a keen interest in technology, property and corporate finance and telling the stories of the people behind the successful firms in these sectors.

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