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Savills sells Roserrow Golf & Country Club to 360 Golf

8.37am 16th March 2012 - Property

Roserrow Golf & Country Club, purchased by 360 Golf

Savills has sold Roserrow Golf & Country Club in Polzeath, Cornwall to the 360 Golf group. The property was marketed at a guide price of £1.75 million.

The 230 acre (93 hectare) golf and leisure complex is attractively positioned on theNorth Cornwallcoast, three miles from the popular tourist destination of Rock. The property comprises an 18 hole golf course, 12 bay practice range, clubhouse, health and fitness club and greenkeeper’s building. In addition to this there is planning permission for seven holiday homes as well as land with further development potential.

Kay Griffiths of Savills leisure team comments: “Roserrow Golf and Country Club is a well established golf and leisure complex with planning permission to enable further holiday home development, and potential for a variety of further projects. Its primeNorth Cornwalllocation attracted interest from developers and golf operators. The new owners 360 Golf Ltd have rebranded the facility “The Point at Polzeath” and have already started the process of making wholesale change to every element of the offering.”

“We are absolutely delighted to have purchased Roserrow,” says Robert Clive of 360 Golf. “We have been looking for the right opportunity for some time now and to find a facility where we can significantly improve the existing business and introduce new income streams is really exciting. It wasn’t a straightforward purchase but we were determined to get the deal done in time for this season.”

Savills www.savills.co.uk/sectors/leisure-and-licensed-trade.aspx

360 Golf www.360golf.co.uk

The Point at Polzeath www.thepointatpolzeath.co.uk

       

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