Global Edition

Gloucester Golf Club & Ski Centre – For Sale

9.58am 22nd January 2010 - Property - This story was updated on Tuesday, June 15th, 2010

Gloucester Golf Club 9th Green

Humberts Leisure, the leisure property specialist, is instructed by Kayterm Ltd to market Gloucester Golf Club and Gloucester Ski & Snowboard Centre.

Offers in the region of £1.0 – £1.25 million are invited for the Golf Club; with offers in the region of £1.25 – £1.5 million sought for the Ski Centre.

The properties enjoy a commercial trading location on the edge of Gloucester (population 109,888) and currently form part of the Ramada Gloucester Hotel & Country Club, the remainder of which is being retained by the vendor.

Gloucester Golf Club (established in 1976) is set in 71 hectares (174 acres) and comprises: a Donald Steel designed 18 hole 6,544 yard (par 72) golf course; a putting green and practice ground, with planning permission for a 15 bay golf range; a c. 540 sq m (5,800 sq ft) clubhouse with fine views over the Cotswold Hills; and a purpose built greenkeeping building. The course is a former host to the West of England PGA Championship.

Gloucester Ski & Snowboard Centre comprises 4 ski slopes (including a 220 metre main slope); a ski lodge (with café / bar and meeting room), ski lifts & car parking facilities.

The ski business has a proven profitable trading record, achieving a 3 year average EBITDA of £225,697, yet still offers potential for further commercialisation.

Ben Allen who is leading the sale said: ‘This is a rare opportunity to acquire two complimentary freehold leisure businesses; and the early response from the market has been very encouraging. It will be fascinating to see if they are in fact sold together, or to two different purchasers, as each option has its merits’

For further information on either Gloucester Golf Club or Gloucester Ski & Snowboard Centre please contact: Ben Allen or Stephanie Baines on 01962 835 960

Humberts Leisure www.humberts-leisure.com

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