Description
The award-winning 2-storey clubhouse is approached by a winding, surfaced road through the course and is accessed from the eastern boundary with the driving range and putting area close to the car park (120 spaces).
Facilities include:
Changing Areas
Bar
'Thyme' Restaurant, kitchen & store
Offices and store
Potential Pro Shop
Terrace overlooking the 18th hole
LICENCE
The Club currently holds a subsisting Liquor License permitting trade on and off the premises.
THE LEASE
Term
The property is held for a term of 99 years from 1 May 1992 (expiring 30 April 2091 - 83 years approximately remaining)
Rent Passing
£50,000 p.a. with the benefit of income from 'Thyme' Restaurant totalling £52,500 p.a.
Rent Reviews
Every 5 years (next review 1 May 2012)
User
The lease permits "the lands to be used for golf courses, driving ranges and ancillary thereto hotel/hotels/restaurants and other recreational or leisure activities usually associated with golf courses".
OPPORTUNITIES
Conferences/Functions
Golf Shop
Hotel(s)
Enhancement of existing facilities to provide an exclusive club
Existing golf course relocation
NAV - £68,500
BASIS OF DISPOSAL
Offers are invited in excess of £3m for the benefit of the existing lease, Liquor License, buildings, courses and investment income.
FOR FURTHER DETAILS PLEASE CONTACT DENIS TEMPLETON (TEL: 028 9042 4747)
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