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Open market sale of Oxfordshire golf course

10.00am 9th July 2001 - Property

It is not often that a golf course comes on to the open market which is why FPDSavills are pleased to announce that they have been instructed to sell Rye Hill Golf Club, a profitable and established golf course in the M40 corridor just outside Banbury in Oxfordshire.

Rye Hill is an established 18 hole, par 72 golf course with purpose built clubhouse incorporating function room. There is a practice area, and par 3 teaching academy and greenkeepers facilities. In addition there is a stone built four bedroom detached farmhouse and planning permission for 17 holiday cottages. In total the property comprises 197 acres of undulating open countryside.

The present owners, Alan and Bridget Wyatt who originally farmed the land and developed the site to the profitable business it is now, are retiring to Scotland after ten years of successfully building up the business.

The function room, which currently seats up to 200 people, is very attractive to golf societies, private parties, clubs and organisations being the only function room available in the area with such splendid views of the Oxfordshire countryside. The course has a reputation as both interesting and attractive.

“This property should appeal to a wide range of golf operators as well as those entrepreneurs seeking golf properties for the first time,” said Sarah Payne from the Banbury office of FPDSavills. “Rye Hill Golf Course is a profitable and sound business with considerable additional leisure potential.”

The guide price for the whole is in the region of £1.95 million.

For further information contact:

Jeremy Rollason, FPDSavills, London jrollason@fpdsavills.co.uk Tel: 020 7409 9902

Sarah Payne, FPDSavills, Banbury sjpayne@fpdsavills.co.uk Tel: 01295 228000

       

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