FPDSavills have been instructed to sell a 26 year leasehold interest on behalf of BDO Stoy Hayward. Kingstand Golf Course is situated to the west of Leicester not far from the main A47 Leicester to Hinckley road. It is approximately 5 miles from junction 21A on the M1 motorway.
The property comprises a nine hole golf course estimated as par 34 built in the early to mid 1990’s. The course has been unused for two years and is in need of refurbishment. There is a two storey clubhouse extending to approximately 13,500 sq. ft. This overlooks the golf course but is not completed. Other buildings include a 24 bay driving range, greenkeeper’s store, two residential flats and manager’s accommodation. The hard core car park is able to take up to about 80 cars.
Would-be purchasers are being advised that the landlord will require proof of their financial ability to refurbish and operate the course before the lease will be assigned.