GVA’s specialist Hotels and Leisure team is instructed to offer St Andrews Major Golf Club for sale on the open market. Offers in the region of £800,000 are invited for the property, which is situated between Cardiff and Barry in the Vale of Glamorgan, with easy access to the M4 Motorway.
Established in 1993, and in the same family ownership since opening, St Andrews Major Golf Club comprises an 18 hole 5,408 yard (par 69) golf course, 12 bay floodlit golf driving range, practice facilities and a purpose built 343 sq m (3,690 sq ft) clubhouse. The property is presented to a good standard throughout and is an ideal family leisure lifestyle business.
The Club achieves an average annual turnover of c. £376,000 (excluding catering and golf tuition) and a typical EBITDA of £81,000 (after payment of family wages). Catering is franchised to a local chef, who has a fine reputation in the locality and a thriving golf / function business. The property is freehold all bar two holes that are leased, at a nominal rent, from an adjoining owner.
Ben Allen, Director in the Hotels and Leisure team at GVA, said: “St Andrews Major Golf Club is a well-established, family owned and operated business that has provided a comfortable and enjoyable lifestyle business for the current owners for over 20 years. Our clients wish to sell the property to a purchaser who intends to operate the Club on a similar basis, albeit that it is appreciated that the new owner may wish to bring more commercial management practices to parts of the business to benefit from the 321,000 resident population within a 20 minute drive time, boosted by tourist visits to this popular holiday location.”
For further information on St Andrews Major Golf Club and / or the specialist services that GVA offers to the golf sector contact Ben Allen on 0207 911 2360 or ben.allen@gva.co.uk.
St Andrews Major Golf Club www.standrewsmajorgolfclub.com