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Golf de Barth for Sale
Golf de Barthe is a par 36 - 9 hole golf course covering an area of 55 acres in the Lot Garonne, South West France.
The course is a parkland like golf course, with many trees and lakes and water hazards and there is a semi-automatic watering system with pop ups on every green. There is also a covered and uncovered practice range with putting green.
The licenced clubhouse, with good food and beverage opportunities, consists of a very nice and friendly bar sitting area overlooking the golf course, a large kitchen, a large room currently being used as an office, with a further room that can
 be used as bedroom with shower, along with a store room for all drinks, etc.
    There are terraces outside of the clubhouse on two sides: one is covered, with the other being a decked area, which together can seat 70-80 people. The clubhouse itself can seat around 50. Above the clubhouse is a 3 bed, 2 bathroom luxury apartment overlooking the golf course.
     Additional buildings comprise of a 70 m2 refurbished building, which has been used as a pro shop and could easily be used as a rental cottage; a large brick barn, which used to house all the golf machinery and golf buggies (included in the sale); an additional building, which is partly open, which is currently being used for storage.
    The club has a good membership supporting competitions and social events.  There are also a good number of green fee paying customers, particularly in the summer as it is a very popular region.
    Golf de Barthe is just outside the village of Tombebeouf in the Lot Garonne, which is 35 minutes from Bergerac airport, 1hr 15 mins from Bordeaux airport and only 3 hours from Spain.
    The current owners are planning to retire after 12 years and are looking for a buyer for a great business with strong cash flow that would suit a pro looking to run their own business. Included in the sale are two plots of land overlooking the 8th tee, which have outline planning permission.
    Next to the golf course, a new property development is underway with the show home just finished. The developers have planning consent for over 40 properties, and if completed will add value to the golf course.
Freehold for sale £850,000

Contact Brian Gower: edgerton971@gmail.com



Peterstone Lakes Golf Club for Sale

HMH have been instructed sell Peterstone Lakes Golf Club, an attractive 18 hole golf club situated between Newport and Cardiff. The Property comprises an 18 hole Bob Sandow designed course set in about 103 acres. The  site includes a purpose built clubhouse which caters for weddings and functions as well as the usual golfers and golfing societies. The business has a very full complement of machinery housed in a large secure machinery store.

In addition to the above is a block of 28 acres situated across the road and which is available as a separate lot.
The guide price is £1.5m for the golf course and business and £200,000 for the block of land.
Tom Marriott at HMH Golf & Leisure comments:

"This is a very attractive and profitable golf business. The club is well regarded as a wedding/party venue and a buyer has an opportunity improve on this aspect of the business.
"The course is in good condition, is only about 10 minutes from the M4 and is recognised as being a well run family business”

For further information please contact:
Tom Marriott | Director | HMH Golf and Leisure
t: +44 (0) 207 491 1555 | m: +44 (0) 79006 720 45


SAVILLS DELIVERS SALE OF HUNTSWOOD GOLF COURSE, BUCKINGHAMSHIRE

Savills, on behalf of a private client, has sold Huntswood Golf Club on Taplow Common Road, Buckinghamshire, to a private leisure operator from a guide price of £1.75 million.
The property is located between Marlow, Beaconsfield and Maidenhead, benefiting from easy access to the M4 and M40. Occupying a site of approximately 102 acres (41 hectares), the 18 hole golf course features a putting green, practice hole for teaching purposes and greenkeeper’s building. There is also a spacious modern clubhouse which features a shop and recently refurbished bar and restaurant area that opens onto an outdoor terrace with views over the golf course.

Originally Huntswood opened as a nine hole course in 1996 and was later extended in 2002. The freehold interest that was acquired includes the original golf course, clubhouse, car park and woodland areas. The area comprising the additional nine holes is held under a 21-year ground lease expiring in 2024.

Huntswood currently operates as a proprietary members’ club, with a core group of members and further income is generated from green fee usage, and use as a venue for weddings and other functions.

Ian Simpson, director of leisure and trading at Savills, comments: "The sale of Huntswood Golf Club close to its guide price demonstrates the continued demand for well located golf course assets, especially in the Home Counties.”

Savills Swings Into Action With Sale Of Golf Course Portfolio In The Algarve, Portugal

International real estate advisor Savills has been appointed by Oceanico Golf to sell the Vilamoura Golf Course portfolio in Portugal.

The portfolio comprises five championship courses, including the Oceânico Victoria (host to the World Cup of Golf in 2005 and the Portugal Masters since 2007), Oceânico Old Course (awarded number one course in Portugal by Today´s Golfer Travel Awards 2012 & 2014), Oceânico Pinhal, Oceânico Laguna and Oceânico Millennium.
Each one has its own unique characteristics, ranging from the mature tree lined fairways of the Old Course to the open, coastal features of the Arnold Palmer designed Victoria.
All of the courses have been designed by internationally recognised golf architects, constructed and maintained to a high standard, and benefit from clubhouse facilities of commensurate quality. The five 18 hole courses range in length from 6,121 metres, par 72 to 6,251 metres par 72, occupying an overall area extending to approximately 850 acres (344 hectares).
On the Old Course the existing clubhouse and adjoining office have permission for redevelopment to provide a new building of 13,020 sq m (140,147 sq ft) which would accommodate new clubhouse facilities together with 126 holiday apartments.
In addition to the golf portfolio, there is a further beachfront development site on the edge of Vilamoura, close to the golf courses, which is available as a separate lot, or for development in conjunction with the golf courses. This 34,158 sq m (367,677 sq ft) site has permission for development of 166 apartments with central leisure facilities overlooking the beach.

Ian Simpson, director of leisure at Savills, comments: "This is one of the largest and most prestigious golf course portfolios in Europe. It is a highly profitable business, and offers further potential through the Old Course and Beachfront development sites, which will enable a purchaser to exploit the synergy between the golf courses and holiday apartment sales or lettings.”

Chris Howell, Oceanico Group Chairman, adds: "The Vilamoura golf portfolio continues to deliver year on year growth. The Oceanico Board have decided to sell the portfolio, as they consider that the strengthening economy will enable the value of this exceptional business and the associated development opportunities it offers to be properly recognised. Our objective is to achieve an orderly sale by the end of 2015.”

For further information, please contact:
Ian Simpson, Savills Tel: +44 (0) 186 65 269 022

Lifestyle Opportunity at Dolgellau Golf Club

Set in a fabulous location within the Snowdonia National Park overlooking the Mawddach Estuary and Cader Idris mountain range Dolgellau Golf Club offers a great opportunity for a new owner to take this successful club forward. GRN spoke with owner Richard Stockdale about the decision to put the club on the market.

I bought the golf club in June 2004 after having spent 7 years working for Crown Golf at three of their locations (Ecclestone Park, Vale Royal Abbey and The Chase) as Director of Golf. DGC had only 40 members when I took it over, but by 2008 we had grown the membership to 267. In the beginning, the clubhouse was the 400 year old stone cottage which is included in the sale, but by 2008 we had built a new 5000 square foot clubhouse and made many course improvements including new tees, new bunkers, tree planting, etc.
In 2010, I opened a restaurant in the town and took on another golf course in Wrexham (The Plassey Oaks Golf Complex) and so decided to lease out DGC as it was a successful and fully functioning golf club, with a full diary of events and ready to grow and seal its place as a golfing destination in North Wales. Unfortunately, the 10 year lease was broken after just 3 years and I had to go back into the club to re-develop the club in order to get it back to where it had been in 2010. This we achieved and we are now pleased to say that the membership is up this year, the function room is fully booked with parties, weddings, christenings and member function,s but because of my other business commitments I feel now is the right time for a new owner to take on DGC and enjoy it as much as I have over the last 11 years.
This business is being sold as a lifestyle purchase, as its location is so special - which is why the club logo is "Probably the most beautiful course in the world.” Set in the Snowdonia National Park at the head of the Mawddach Estuary, with a back drop of the magnificent Cader Idris range, it is a destination for holiday makers who like to walk, cycle, fish, etc. The golf club is just 8 miles inland from the coastal town of Barmouth, which is an increasingly popular tourist destination. With DGC being in the National Park, the main competitors are Aberdovey Golf Club and Royal St Davids Golf Club, 23 miles South and 24 miles North respectively, so although not isolated, the competition really does not affect us.

I have made some enquiries as to redevelopment of the course and would urge that any prospective buyers would contact me as to how far these developments have been taken, and what they entail.

ES Group appointed to market historic Devon golf course

A golf club near Plymouth with more than 100 years of history has been put up for sale after going into liquidation. Agents at property and asset consultancy, ES Group, are offering Wrangaton Golf Club (‘Wrangaton’), on Dartmoor, for around £500,000, after liquidator Ian Walker, Partner at Begbies Traynor, was called in in late January.
Wrangaton, founded in 1895, is expected to remain open throughout the duration of the marketing period, until at least the end of February. Formerly an unincorporated members’ club, Wrangaton was incorporated in 2013, due to a growing difficulty in finding members who were able to act as trustees.

Commenting on the sale, Philip Gibson, Partner at ES Group’s Hospitality and Leisure department said:

"Wrangaton is an attractive, historic golf course which offers players the chance to play a varied round of golf across open moorland and more traditional parkland. Set within stunning surroundings, Wrangaton offers prospective purchasers the opportunity to acquire a well-known facility just off the main A38 road between Plymouth and Exeter.”

Ian Walker, Partner at Begbies Traynor commented:

"Following our appointment, formal marketing will begin with a view to finding a new owner of the club. We’re pleased to say that several interested parties have already come forward and I am confident that a buyer as a going concern will be found. The club would make an ideal retirement or lifestyle change business, perhaps for someone looking to move to this beautiful part of the world.”

Gary Hooper of ES Group’s Exeter office said:

"This is a superb opportunity to purchase an 18 hole golf course with associated facilities at a competitive price point. It offers tremendous scope for improvement and enhancement of the clubhouse and catering elements, whilst providing a superb opportunity for either an established operator or new entrant.”


For further information on the opportunity, please contact Gary Hooper at ES Group, Exeter, on 01392 880 180 or at gary.hooper@es-group.com


Savills Tees Off Sale Of Fingle Glen Golf Hotel, Exeter

Savills, on behalf of a private client, has brought to the market Fingle Glen Golf Hotel in Tedburn St Mary, close to Exeter, Devon. The freehold property is offered as a going concern with vacant possession at a guide price of £3 million.
Occupying an 112 acre (45 hectare) site, the 18-hole, par 70 golf course extends to 5,744 yards and is situated six miles from Exeter, benefitting from an attractive countryside location with extensive views towards Dartmoor.
The facilities at the property include a two-storey golf clubhouse, which totals 12,072 sq ft (1,121 sq m) and provides a reception, shop, changing rooms and restaurant with a bar on the ground floor and further function space on the first floor. There are also nine en-suite letting bedrooms. Adjacent to the clubhouse is a 12 bay covered, floodlit golf driving range while a modern greenkeepers building is situated close by. The site also features 24 log cabin holiday lodges.
Fingle Glen operates a combination of memberships and green fee golf tariff, offering a broad range of user options for regular golfers and visitors. Income is additionally generated from conferences and functions, including weddings, and the hotel and holiday lodge accommodation. Total turnover is approximately £1.1 million per annum.
Kay Griffiths, associate in Savills hotels & leisure team, comments: "Fingle Glen is an established golf course and venue set amongst attractive countryside whilst also benefitting from the nearby Exeter catchment and passing tourist trade. Moreover, the addition of holiday accommodation available further enhances the property and we expect to see strong interest from a variety of investors.”


For further information, please contact:
Kay Griffiths, Savills Tel: +44 (0) 1865 269 109

New Round Called For Huntswood Golf Course, Buckinghamshire

Savills, on behalf of a private client, has brought to the market Huntswood Golf Club on Taplow Common Road, Buckinghamshire, which is offered as a going concern with vacant possession at a guide price of £1.75 million.
The property is located between Marlow, Beaconsfield and Maidenhead, benefiting from easy access to the M4 and M40. Occupying a site of approximately 102 acres (41 hectares), the 18 hole golf course features a putting green, practice hole for teaching purposes and green keepers building. The spacious modern clubhouse includes a recently refurbished bar and restaurant area that opens onto an outdoor terrace with views over the golf course. Within the clubhouse there is also a shop, changing rooms, meeting room, kitchen and first floor loft conversion currently used for office space.
Originally Huntswood opened as a nine hole course in 1996 and was later extended in 2002. The freehold interest offered for sale includes the original golf course, clubhouse, car park and woodland areas. The area comprising the additional nine holes is held under a 21-year ground lease expiring in 2024.
Huntswood operates as a proprietary members’ club, with a core group of members and further income is generated from green fee usage, and use as a venue for weddings and other functions. Turnover for the year ended 30 June 2014 is approximately £760,000 and there is potential to grow the business substantially.
Kay Griffiths, associate in Savills hotels & leisure team, comments: "Set within a mature woodland and boasting a private drive leading to the club, Huntswood offers a secluded setting, which attracts numerous golfers whilst also providing an excellent venue for weddings and functions. With a strong location and affluent catchment area, this is a superb opportunity to acquire an established and successful golf club.”

For further information, please contact:
Kay Griffiths, Savills Tel: +44 (0) 1865 269 109

Abbey Moor Golf Club for Sale

A 9 hole course in a great location, just inside the M25 close to Addlestone in Surrey’s golfing heartland.
Paul Newton originally built the Abbey Moor Golf Course in 1989 and he and his team have been operating it ever since as a family run 9 hole golf course. The club is used as a pay and play course by many and there is also a membership option for those who wish to play more regularly. The course comes complete with pro shop, changing rooms, office, greenkeeper buildings and equipment. There is a very large clubhouse and licensed function area available by separate negotiation. The tenure is currently leasehold, but there is an opportunity to purchase the freehold of the property as well.
The course is set in just under 50 acres of attractively landscaped grounds and has a par of 68 for the 18 holes – the second nine are played from different tees for variety. Best of all, Abbey Moor is a friendly club, as Paul explains:

"The business has been a labour of love for us and we have made so many friends over the years here. Unfortunately, we now need to retire as age and health issues have begun to take their toll. We shall be very sad to move on, but it is now time for someone else to take the business forward.”

For more details please contact Paul Newton on: 01932 564169

Savills scores a hole in one with sale at Mollington Grange, Chester

International real estate advisor Savills has represented joint LPA receivers, Mr Jonathan Pope and Mr Brian Green, from KPMG on the sale of Mollington Grange Golf Club to a golf operator for a price in excess of the £795,000 guide.
The asset comprises a modern 9,687 sq ft (900 sq m) clubhouse, a 4,864 sq ft (451 sq m) greenkeepers building and an 18 hole, 6,611 yard par 73 golf course all set within an attractive position within the Chester Greenbelt.
Kay Griffiths, associate at Savills Oxford, comments: "Whilst there was interest in Mollington Grange for redevelopment into an alternative use, the golf club has been purchased by a golf operator who intends to continue the business. The facilities offer undoubted potential to deliver a commercial return, assisted by an attractive and accessible location. It was therefore no surprise that Mollington Grange experienced a strong level of interest from a variety of investors and secured a good price in the current market conditions.”

Savills Sells Norfolk Golf And Country Club

The Norfolk Golf and Country Club, advised by Savills, has sold its golf and leisure complex, which was on the market for £1.6 million.

The 159 acre rural site located in central north Norfolk will revert to its original use as farmland and the clubhouse will be put to a suitable compatible use.

Kay Griffiths, from Savills Leisure team, comments, "The underlying property asset comprises an extensive area of attractive land with an array of buildings that provide the opportunity to explore other uses appropriate for this location. The conversion of the golf course back to farmland is a reflection of pressure that has been faced by some rural Golf Club owners who are subject to a lot of competition in a challenging economic climate. In the case of The Norfolk it was concluded that in light of declining income and continually increasing costs, the golf and leisure business was no longer viable."













 

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