For Sale: Two profitable driving ranges close to central London
Story published at 13:33, Friday, May 15th, 2015
The World of Golf sites at Sidcup and Croydon are offered for sale through HMH Golf and Leisure with Guide Prices of £450,000 and £250,000 respectively.
World of Golf, Sidcup has a two tier, 54 bay floodlit driving range, with Adventure Golf, café, and retail outlet. The leasehold has 19 years remaining. With a turnover of £948,000 the business is profitable and the Guide Price is £450,000
World of Golf, Croydon has a 24 bay floodlit driving range with Adventure Golf and retail outlet. The leasehold has 18+ years remaining. With a turnover £538,000 the business is profitable and the Guide Price £250,000
Grant Wright, spokesman for Ashtour, tolf GBN.com: “Ashtour Ltd have owned the World of Golf sites for eight years. After the successful sale of New Malden in 2012 and Glasgow in 2014, we are now selling our last two sites at Sidcup and Croydon. These are great businesses that are both growing and at the heart of their local golfing communities.”
The sites are available for sale as a whole or as two lots and the vendor will consider either an asset sale or a company disposal. For further information contact Tom Marriott MRICS, Mobile: +44 (0) 7900 672045, firstname.lastname@example.org