For sale: the Springs Golf Club nr Henley on Thames
Monday, 31 October 2016
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Leading real estate adviser Bilfinger GVA has been instructed to bring the Springs Golf Club in Oxfordshire to the market. This well-presented golf club is being offered for sale by the family who constructed the Club in 1998, and is an ideal leisure lifestyle purchase. Offers in the region of £1.75 million are invited for the freehold property.
The Springs Golf Club is situated between Goring, Henley on Thames and Wallingford within the Chilterns Area of Outstanding Natural Beauty in South Oxfordshire. Central London is c. 75 minutes from the Club, Heathrow c. 50 minutes.
Set in c. 54 hectares (133 acres) the Club’s facilities include a Brian Huggett designed 18 hole 6,470 yard (par 72) USGA specification golf course; a highly attractive timber frame two storey clubhouse (c. 544 sq m / 5,855 sq ft); golf practice facilities; and a former 15 bed staff accommodation block that offers potential for a wide range of uses. The course, which is renowned for its freely draining characteristics, is laid out in former parkland, with the 15th hole playing along the banks of the River Thames.
The Springs’ tranquil location within the Chilterns AONB is one of its many attractions, yet the Club also enjoys a highly affluent trading location, with c. 500,000 resident population within 30 minutes’ drive. The business is currently remotely operated by the vendors from their home in Herefordshire with the assistance of the Club’s on site management team. Turnover comprises 46% membership income; 19% daily fee income; 32% food & beverage income and 3% miscellaneous sales.
The sale is being handled by Ben Allen Director in Retail, Hotels and Leisure at Bilfinger GVA who commented: “The Springs Golf Club is a very attractive property and is an ideal acquisition for a lifestyle purchaser. Originally part of a larger golf hotel facility, the Club is being offered to the market in isolation as it is anticipated that the hotel will be converted for residential use. This profitable golf course offers scope for commercialisation and will undoubtedly benefit from a more hands on approach that the new owners are likely to bring to the business. We have already received a good level of interest in the Club.”
For further information on The Springs Golf Club please contact Ben Allen, Director in Retail, Hotels and Leisure at Bilfinger GVA on 020 7911 2360 / 07920 812 018 or email@example.com