Global Edition

Hassocks Golf Club, West Sussex – Long Lease For Sale

12.04am 15th October 2010 - Property

Hassocks Clubhouse

Humberts Leisure, the property specialists to the golf and golf hotel industries, is instructed to market Hassocks Golf Club, which is situated in the Sussex Weald, some 9 miles north of Brighton. Offers in the region of £775,000 are invited for the leasehold property.

Hassocks Golf Club, which is located on the A273 between Burgess Hill and Hassocks, comprises: an 18 hole 5,754 yard (par 70) golf course; a practice ground and practice putting green; and purpose built greenkeeping complex; together with a modern, well presented 537 sq m (5,780 sq ft) clubhouse and golf shop. The Club is set in a mature landscape that offers fine views of the South Downs National Park.

Hassocks Golf Club opened in 1995. Whilst primarily a pay a play venue, the Club has a loyal core of approximately 300 members and is renowned for its friendly, all-inclusive atmosphere. The business has been under the control of the current proprietor since 1997 and achieves a turnover of approximately £625,000 per annum (excluding shop sales), some 70% of which is high margin green fee and membership income.

The leasehold property has an unexpired term of 83 years, with a rent of circa £50,000 per annum payable. The Club hosts the locally renowned Sussex Golf School, which operates the golf shop under the terms of a franchise agreement.

The sale of Hassocks Golf Club is being handled by Humberts Leisure’s Winchester Office.

Ben Allen said: “Hassocks Golf Club is currently owned by an overseas proprietor and is being offered to the market as a retirement sale. The business is an ideal venture for a new entrant to the golf sector. The whole property is very well presented, with little requirement for additional capital expenditure. We anticipate that the Club will be sold to a lifestyle purchaser who will be attracted by the Clubs established trading record and inherent potential.”

For further information on Hassocks Golf Club please contact: Ben Allen on ben.allen@humberts-leisure.com or 01962 835 960

Humberts Leisure www.humberts-leisure.com

Hassocks Golf Club www.hassocksgolfclub.co.uk/

 /  /  / 

In related news...

GolfBusinessNews.com (GBN) is for the many thousands of people who work in the golf business all around the world.

We cover the full range of topics both on and off the course. We aim to supply essential information both quickly and accurately in a format which is easy to use. We are independent of all special interest groups.

Subscribe

Click here to sign up for our free twice weekly golf industry news summary

View the latest newsletter here