The owner of a golf course in Kent has taken the unusual step of putting the property up for auction.
The move has generated a great deal of interest, says Kay Smith of Savills Leisure team in Oxford, which is marketing the opportunity to snap up The Kent and Surrey Golf and Country Club, at Edenbridge. www.thekentandsurrey.com
She says, “This is the first time I can recall a golf club being auctioned and it is a unique opportunity to acquire 240 acres of Kent countryside.”
The property includes an 18-hole 6,601 yard par 72 golf course, the opportunity to re-open a further 18-hole golf course, a 9-hole par 3 academy golf course, five all-weather tennis courts, a 16-bay covered and floodlit driving range, a large clubhouse with fully-fitted gym, and greenkeeper’s facilities.
It is being sold as a trading business, although vacant possession could be available from April 2009 (when the present club membership year ends) if the successful bidder wishes to consider other uses for the site.
The auction is to be held on Monday 13th October at 2pm in The Ocean Room of the Cumberland Hotel, Great Cumberland Place, London, with a guide price of £1.5 million. GBN understands that this is somewhat less than was paid for the property on the last occasion it changed hands
PPC Golf is a new company, headed up by Michael Lenihan, to provide property services to golf clubs and this week it has brought two properties to market.
The first of these is located on the beautiful Ring of Kerry in south-west Ireland. This 18-hole hotel and golf course offers stunning coastal views across the Atlantic Ocean.
Designed by Ron Kirby and opened for play in 2006, this par-72 course is 6,459 yards long and has been ranked as one of the top 100 Irish golf courses by Golf Digest Ireland. Constructed on a 71 hectare site, planning permission exists for a clubhouse.
The 100-bedroom hotel was built in the 1960s and is in need of refurbishment. Comprising 92 twin or double bedrooms and eight suites, the hotel offers a fully-inclusive restaurant, bar, nightclub and leisure facilities including indoor pool, sauna and gymnasium. There are two conference rooms.
Planning permission has been granted for 36 large two-bedroom apartments adjacent to the golf course which could be divided to create 72 smaller apartments subject to consent.
Tenure of the land is freehold with a guide price of €18 million.
In Andalucàa, Spain, located 20 minutes drive from Sotogrande and Valderrama golf courses, this stunning site is situated on the outskirts of an established town and prosperous local community. The 234 hectare site has planning for 18 hole golf course, 200 bedroom hotel and 1,114 residential properties.
“The site,” says Michael Lenihan, “is currently under development and is the last large scale residential development to have been awarded full planning consent from the Andalucàan Junta prior to the change in the law prohibiting such developments.”
The licence to construct nine holes of golf was granted in February 2008 with the additional nine holes agreed by the previous mayor and confirmed by the current mayor although this has yet to be ratified.
“A leading European Tour player was selected to design the golf course, and construction and infrastructure works have already begun. To date, approximately 50 per cent of the golf course has been completed, along with 60 per cent of the infrastructure work. Contracts are in place for all professional services,” says Michael Lenihan.
“A valuation was carried out in November 2006 by an international firm of surveyors for the benefit of a financial institution, with the site being valued at €51,400,000. Tenure of the land is freehold and the guide price is €40 million.”
In each month and year listed below every article that has ever appeared in golfbusinessnews is reproduced in reverse date order.