HLL Humberts Leisure, the property specialists to the golf and golf hotel industries, has been instructed to market Stonebridge Golf Centre, Warwickshire. Offers in the region of £675,000 are invited for the leasehold property, which is located on the outskirts of the Birmingham conurbation, close to the National Exhibition Centre and the M6 / M42 Motorways.
Stonebridge Golf Centre comprises a 27 hole golf course laid out in 3 loops of 9 holes (Somers Course 3,316 yard (par 37); Hampton Course 2,786 (par 33) and Blythe Course 2,757 yard (par 33)); a 24 bay floodlit golf driving range playing over water; and a modern, recently extended and refurbished two storey clubhouse offering restaurant and conference / function facilities. Stonebridge Golf Centre hosted televised PGA Euro Pro Tour Events in 2006 and 2007, confirming the stature of the course and its supporting facilities.
Stonebridge Golf Centre opened for play in 1995 and was extended to 27 holes in 2007. The proprietary business has a highly successful trading record, with a turnover of £1,130,000 in the year to 31st December 2007 (circa 53% subscription and daily fee income; 28% food & beverage income; and 19% conference / retail / miscellaneous income). The property is held under a medium term FRI lease from the Packington Estate, with an annual rent payable.
The sale is being handled by Ben Allen at HLL Humberts Leisure who said, “Stonebridge Golf Centre is a highly commercial proprietary golf centre offering a diverse business that includes a strong membership and daily fee golf revenue, an established food and beverage operation and additional conference / function trade.
“Stonebridge Golf Centre has developed an excellent reputation in the area as a quality venue and the recent expansion of the golf course to 27 holes will ensure the ongoing success of the business over the coming years. We expect strong interest in this profitable business – especially from those seeking an alternative investment to the Stock Market.”
For further information on Stonebridge Golf Centre, or for a confidential discussion on the golf market, please contact: Ben Allen on ben.allen@humberts-leisure.com or 01962 835 960.
HLL Humberts Leisure www.humberts-leisure.com
Stonebridge Golf Centre www.stonebridgegolf.co.uk