The leisure advisory team of independent property expert GVA has been appointed to market a leading Oxfordshire golf club.
Situated in the Cotswolds Area of Outstanding Natural Beauty, Feldon Valley Golf Club is located close to the Warwickshire border, equidistant from Banbury and Stratford and close to the village of Shipston-on-Stour.
Feldon Valley Golf Club comprises an 18 hole, 6,034 yard (par 71) golf course (known as the Sutton Brook Golf Course) practice facilities and an attractive, recently refurbished, 6, 932 sq ft (654 sq m) clubhouse.
Opened in 1991, the Club offers a combination of a tranquil location, panoramic views of the Cotswolds and excellent access to the UK motorway network via the nearby M40 motorway, just 13 miles away.
The vendor’s preference is to sell their existing 97 year leasehold interest (passing rent £26,400), with offers in the region of £475,000 invited. However, whilst a sale of the leasehold interest is the vendor’s preferred option, a sale of the freehold may be considered if offers excess of £1.5 million are received.
Ben Allen, of the Hotels and Leisure team at GVA, said: “The current owners of the Club have invested significantly in the facilities and have brought a number of commercial management practices to bear over the last couple of years, the benefits of which are now showing through in the business’ trading performance.’’
“With a guide price of £475,000 for the leasehold interest, Feldon Valley Golf Club represents an ideal opportunity for a purchaser to enter the golf club market at low cost and build on the success that our clients have achieved to date. However, the potential availability of the freehold will undoubtedly widen the appeal of the property for some potential purchasers.’’
The Club has an existing membership of approximately 485 golfers, an established green fee and society trade, along with a growing function business.
Charlie Cox, one of the Feldon Valley Golf Club Directors, said: “The golf course has matured well since opening in 1991 and now presents an enjoyable test of golf for the mixed abilities of the modern day golfer. The two storey clubhouse has been tastefully refurbished in the last 24 months, and benefits from function and meeting rooms, along with a feature landscaped sun terrace, which overlook the course.”
No strangers to the Midlands golf market, GVA’s Hotel and Leisure team completed the sale of Aston Wold Golf Club, Birmingham last October; and has since sold three other golf courses in Cornwall, County Durham and Cambridgeshire – testament to market interest in the sector.
