GVA’s specialist Hotels and Leisure team is instructed to market Sherdons Golf Centre in Gloucestershire. Offers in the region of £750,000 are invited for the freehold property, which was voted ‘Best Golf Course in Central England and Wales’ in the Golf Club of the Year Awards 2010.
Sherdons Golf Centre comprises a 26 bay floodlit golf driving range, a scenic 9 hole 2,654 yard (par 34) golf course and practice facilities, along with a 430 sq m (4,625 sq ft) clubhouse that includes an owner’s apartment. The freehold property is situated between Cheltenham and Tewkesbury and is set in 28.5 hectares (70 acres).
This profitable business has been in the same family ownership since opening in 1992 and is only being offered for sale as the Directors wish to retire. The business mix is approximately 49% golf income, 19% range income, 22% food & beverage income, and 10% retail / miscellaneous income. The Centre attracts a wide variety of customers, from experienced players to novices, all of whom can benefit from the challenging golf course and excellent practice and tuition facilities that Sherdons Golf Centre offers.
The sale is being handled by Ben Allen in GVA’s London Office. Ben Allen said ‘Sherdons Golf Centre offers the key components for a very successful golf business. The facilities have all been developed to a high standard – the golf course in particular is renowned for the quality of its greens – and the Centre has a well earned excellent reputation, with a loyal customer base. All in all the business provides a very sound platform from which the new owners can drive the business ever forward over the coming years.’
Richard Chatham, the joint proprietor of Sherdons Golf Centre said ‘My brother and I have thoroughly enjoyed developing and operating Sherdons Golf Centre over the last 21 years. However, we all reach retirement age and this is our sole reason for selling. I’d like to record my thanks to our wonderful staff who will transfer with the business, and my gratitude to the customers who have supported us. I, as much as anyone, am looking forward to watching the next stage of Sherdons Golf Centre’s development.’
For further information on Sherdons Golf Centre please contact: Ben Allen BSc (Hons) MRICS on firstname.lastname@example.org or 020 7911 3260
GVA Hotels and Leisure www.gva.co.uk/hotels-and-leisure
Sherdons Golf Centre http://www.sherdons.co.uk/