Blacknest G & CC: ‘ripe for commercialisation’

Offers in the region of £1.25 million are invited for this freehold property, situated close to the Surrey / Hampshire border.

HLL Humberts Leisure, property specialists to the golf and golf hotel industries, is instructed to market Blacknest Golf & Country Club, situated close to the Surrey / Hampshire border. Offers in the region of £1.25 million are invited for the freehold property.

Blacknest Golf & Country Club, which is located between Farnham, Surrey and Alton, Hampshire comprises: an 18 hole 5,974 yard (par 69) golf course; a 6 hole academy course, 13 bay golf driving range and practice putting green; together with a modern c. 733 sq m (7,900 sq ft) clubhouse including conference / function facilities, a leisure suite and retail space. The Club is set amidst rolling wooded countryside that provides a fine setting for the Club.

Blacknest Golf & Country Club opened in 1994. The Club achieves a turnover of approximately £600,000, with a business mix of circa 36% membership income; 24% golf range and green fee income; 30% food and beverage income and 10% retail and miscellaneous sales.

The business is currently owned by absentee proprietors with multiple business interests outside the county. As such, the Club is considered ripe for commercialisation under the direct control of a hands on owner-operator.

The sale is being handled by HLL Humberts Leisure’s Winchester Office. Ben Allen said: “Blacknest Golf & Country Club offers all the key components for a highly successful golf business and provides facilities for a range of supporting income streams, from conferencing to leisure. We anticipate that the Club will be sold to a lifestyle purchaser who will be attracted by the Club’s potential and the proven resilience of freehold golf course capital values in a hereto otherwise uncertain property market.”

Blacknest Golf & Country Club www.blacknestgolfclub.com
HLL Humberts Leisure www.humberts-leisure.com

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