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Reduced asking price for Letchworth family golf centre

8.35am 27th July 2007 - Property

HLL Humberts Leisure has announced that the guide price for Letchworth has been reduced from 375,000 to £325,000. The property is described as ‘an ideal first golf business venture’.

Letchworth Par 3 Family Golf Centre comprises a 9 hole par 3 golf course (that was established in the 1920s), practice facilities, 4 former tennis courts / croquet lawn (offering potential for alternative use) and a recently constructed clubhouse that includes 4 bedroom living accommodation.

Letchworth Par 3 Family Golf Centre is operated on a proprietary basis welcoming annual members, green fee player and non-golfers alike. The property is located in the affluent south side of Letchworth Garden City (population 33,000) and is ideally positioned to service its target market of novice / senior golfers and family / social gatherings. As Letchworth Par 3 Family Golf Centre is currently operated as a lifestyle enterprise the business appears to offer good potential for commercialisation and growth.

The property is affordable, benefits from a number of alternative income streams and includes a spacious apartment for the owner’s family.

For further information on Letchworth Par 3 Family Golf Centre, or for a confidential discussion on your golf market requirements please contact Ben Allen BSc (Hons) MRICS on 01962 835960 or at ben.allen@humberts-leisure.com.

HLL Humberts Leisure www.humberts-leisure.com
Letchworth Par 3 Family Golf Centre www.letchworthpar3.com

       

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