Topgolf Announces Ambitious U.K. Expansion Plans
Story published at 12:23, Tuesday, May 31st, 2016
Page last updated at 12:24 pm, Tuesday, May 31st, 2016
Global golf entertainment leader Topgolf Entertainment Group (TEG) has announced its aggressive pursuit of new locations in the U.K. The Topgolf concept originated in Watford in 2000, and the company currently operates 26 venues worldwide, including three in the U.K.
Topgolf International, a TEG division focused on expansion abroad, is seeking 10-15 additional locations in the U.K. meeting the requirements below:
- 8-12 acres of land to accommodate a 60,000-square foot building,
- 250-metre range and car parking
- Freehold or lease hold with minimum term of 25 years
- Major U.K. cities with 500,000 people within a 20-minute drive
- Prominent position on arterial roads, retail or business parks
Topgolf is the only entertainment centre of its kind, offering competitive golfing games for all ages and skill levels and advanced technology to track players’ shots. Those who just want to relax can enjoy the food, drinks, music, meeting spaces and entertainment areas.
“Our venues in Watford, Surrey and Chigwell have seen remarkable year-over-year growth for the past several years,” said Topgolf International President Neil Allen. “Our innovative concept offers an alternative to traditional leisure activities such as bowling, darts or snooker. We are excited to grow our presence and the game of golf in the U.K. plus offer residents another option for entertainment.”
Local councils and real estate professionals who have questions about the development process may contact Topgolf International President Neil Allen at Neil.Allen@topgolf.com
Topgolf has also instructed Savills Leisure Division to advise on their UK expansion. Ian Simpson of Savills comments: “Topgolf has refined its product over the last 20 years in the United States, and is now focussing on further expansion in the UK. This is well timed as we are seeing continued growth in leisure spend and expect this concept to be well received by property developers and asset managers as an alternative to more commonly available leisure activities.” Ian Simpson can be contacted at ISimpson@savills.com
Launched in December 2015, Topgolf International oversees the partnerships and development for new Topgolf venues outside the U.S.
Topgolf Entertainment Group (TEG) is the parent holding company of Topgolf, Topgolf International and Topgolf Media. TEG is led by Co-Chairman and CEO Erik Anderson.
Topgolf is a global sports entertainment community ‘creating the best times of your life’, with 26 locations serving 8 million guests annually. Players hit golf balls containing computer microchips that track each shot’s accuracy and distance while awarding points for hitting targets on the outfield. Each venue offers an upscale and playful experience, featuring an impressive food and beverage menu, music, games and climate-controlled hitting bays. Topgolf also brings fun, interactive experiences to the community through its lessons, leagues, tournaments, parties, and social and corporate events. To learn more about Topgolf in the U.K., follow @TopgolfUK or visit www.topgolf.com