Following a company voluntary arrangement supervised by Begbies Traynor the business and assets of Leeds Golf Centre have ben sold to the Parklane Group, a local property management company, for an undisclosed sum.
Leeds Golf Centre, also known as Wike Ridge golf course, includes a Donald Steele designed 18 hole par 71, 6,632 yard golf course, 12 hole academy course, a 20 bay floodlit driving range and full practice facilities together with club house and professional’s shop.
It is located in an area which is also home to some of the country’s best golf courses, including Moortown, Alwoodley, Sand Moor and Moor Allerton.
Following the appointment of Begbies Tranor in early 2010 the property was offered for sale with offers invited in excess of £1.5m.
In a statement David Wilson of Begbies Traynor said, “It is good news that we have been able to achieve such a positive outcome enabling this well-known and popular golf course to continue. Under the new ownership, the course will remain open and existing memberships will be honoured.”
The Directors of Parklane said “having learned how to play golf here ourselves almost ten years ago, we are very excited about the potential of Leeds Golf Centre. We recognise what needs to be done to restore the confidence of our existing members and customers but also have a strategy to attract a new audience to the club. With our expertise in development and our passion for golf, our vision is to make Leeds Golf Centre the home of modern golf and a centre of excellence for teaching.
Leeds Golf Centre www.leedsgolfcentre.com
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