Northop Country Park Golf Course, Flintshire has just been brought to market by HMH. This well-located freehold golf course investment property forms part of Northop Country Park and provides a rare opportunity to acquire a let golf course investment.
Northop Country Park Golf Course is set in 55.5 hectares (137 acres). The freehold property comprises an 18 hole 6,394 yard (par 72) parkland golf course originally designed by former Ryder Cup player John Jacobs, a practice ground, practice chipping and putting greens and an associated clubhouse. The Course enjoys a commercial trading location close to the English / Welsh border, some 15 miles from Chester and Wrexham and only 23 miles from Liverpool city centre.
The Course is let to a private members’ golf club – Northop Golf Club Ltd – under a 25 year lease dated 1st April 2020. The passing rent is £61,200 (plus insurance rent and Country Park maintenance contributions) with 3 yearly rent reviews (fixed 2.5% increases). The Lease is excluded from the Landlord & Tenant Act Security of Tenure provisions meaning that vacant possession of the property will be available in 2045. Northop Golf Club Ltd has been successfully operating the business since 2014.
Northop Country Park is one of the few true golf and residential schemes in the UK. The Country Park includes the 18 hole parkland golf course, an exclusive development of 45 homes that nestle amidst the front nine holes, the Celtic Arms restaurant, an HQ office complex, and a proposed development site for 12 four bedroom holiday lodges. Offers in excess of £1,500,000 are invited for the let golf course. No overage is being sought by the Seller.
Ben Allen at HMH said ‘Northop Country Park Golf Course provides the market with a unique chance to acquire a golf course investment property. Let golf course investments such as this are rarely available and we expect strong interest in the opportunity.’
For further information on Northop Country Park Golf Course please contact Ben Allen at HMH on ben@hmhgolf.com or 07887 80 44 30 / 020 7491 1555