Global Edition

Rare Opportunity to buy Golf and Leisure Business in Administration

12.41am 21st February 2012 - Property

The 12th tee and 14th fairway at Cape Cornwall Golf Hotel and Leisure Resort

A cliff-top golf course and leisure facility in Cornwall with breathtaking sea views is looking for a buyer after it was placed into administration last week.

Director Mark Roach and Partner Simon Girling of accountancy and business advisory firm, BDO LLP, have been appointed to manage the administration of Cape Cornwall Golf Hotel and Leisure Resort at St Just, nearPenzance.

BDO and property agents Strutt and Parker are keen to find buyers for the family-run business which boasts the first and last 18-hole golf course inBritainsituated onEngland’s only cape. It currently has 200 members as well as a club house, function suite used regularly for weddings and other events and an eight- bedroom hotel complete with indoor swimming pool, gym and treatment room.

There is also an historic water tower with far-reaching views out to sea which has planning permission to be developed into a two-bedroom house.

“Cape Cornwall is a leisure business with huge potential which is likely to appeal to experienced entrepreneurs as well as first time business owners eager to embrace fresh challenges and a new way of life,” said Mark Roach, a director in the business restructuring team at BDO. “This is a rare and exciting opportunity to create a thriving leisure business in one ofCornwall’s busiest tourist spots and we are expecting the sale to attract a lot of interest.”

Established in 1990 in an Area of Outstanding Natural Beauty, Cape Cornwall Golf Hotel and Leisure Resort currently employs 20 people.

Interested parties should contact James Baker at Strutt and Parker’s Exeter office on 01392 215631.

Cape Cornwall Golf Hotel and Leisure Resort

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