Hassocks Golf Club, West Sussex – Long Lease For Sale
Page last updated at 12:04 am, Friday, October 15th, 2010
Humberts Leisure, the property specialists to the golf and golf hotel industries, is instructed to market Hassocks Golf Club, which is situated in the Sussex Weald, some 9 miles north of Brighton. Offers in the region of £775,000 are invited for the leasehold property.
Hassocks Golf Club, which is located on the A273 between Burgess Hill and Hassocks, comprises: an 18 hole 5,754 yard (par 70) golf course; a practice ground and practice putting green; and purpose built greenkeeping complex; together with a modern, well presented 537 sq m (5,780 sq ft) clubhouse and golf shop. The Club is set in a mature landscape that offers fine views of the South Downs National Park.
Hassocks Golf Club opened in 1995. Whilst primarily a pay a play venue, the Club has a loyal core of approximately 300 members and is renowned for its friendly, all-inclusive atmosphere. The business has been under the control of the current proprietor since 1997 and achieves a turnover of approximately £625,000 per annum (excluding shop sales), some 70% of which is high margin green fee and membership income.
The leasehold property has an unexpired term of 83 years, with a rent of circa £50,000 per annum payable. The Club hosts the locally renowned Sussex Golf School, which operates the golf shop under the terms of a franchise agreement.
The sale of Hassocks Golf Club is being handled by Humberts Leisure’s Winchester Office.
Ben Allen said: “Hassocks Golf Club is currently owned by an overseas proprietor and is being offered to the market as a retirement sale. The business is an ideal venture for a new entrant to the golf sector. The whole property is very well presented, with little requirement for additional capital expenditure. We anticipate that the Club will be sold to a lifestyle purchaser who will be attracted by the Clubs established trading record and inherent potential.”
For further information on Hassocks Golf Club please contact: Ben Allen on firstname.lastname@example.org or 01962 835 960
Humberts Leisure www.humberts-leisure.com
Hassocks Golf Club www.hassocksgolfclub.co.uk/