Global Edition

 

Popular golf club is competitively priced

12.20am 20th August 2007 - Property

A new owner is being sought for a successful golf club close to the M1 in Bedfordshire. Caddington Golf Club, near Luton, has developed into a well established business under the present ownership.

The attractive proprietary members’ golf club, originally built for Vauxhall Motors’ employees, is set in a rural location just four miles to the west of Luton and 36.6 miles to the north of Central London. Caddington’s facilities include an 18-hole golf course, practice facilities and a purpose built clubhouse, set within about 132 acres.

The gently undulating site incorporates a good range of golf hazards, combining bunkering with natural features such as streams, ponds and ditches. The golf course opened in 1985 and now has a membership of about 400.

There is also a flat area of the site, currently used for flying model aircraft, which could be developed (subject to planning permission) to provide additional golf course facilities.

The property is on the market at a guide price of £1.25 million and the sale is being handled by Savills’ Regional Leisure Team in Oxford.

Kay Smith of Savills comments, “The current owner has invested heavily in the property over the past decade, particularly through extensive drainage and irrigation works and the development of a modern clubhouse.

“The guide price has been set at a very competitive level and we anticipate that there will be strong interest from buyers because of the club’s proximity to the M25.”

Savills www.savills.co.uk/golfsite

Caddington Golf Club www.caddingtongolfclub.co.uk

       

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