Bannatyne, 64, is selling up after the breakdown of his marriage with second wife Joanne McCue. The couple married in November 2006 and separated in December 2011. They had two children together.
The luxury five bedroom home on the Wynard development in County Durham is on market for £875,000, according to media reports.
The health club magnate said he is selling the property in order to move on with his life after the separation:
“I decided to sell as I am looking to start a new chapter in my life.”
“I just received my Decree Absolute by email, isn’t that nice?”
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