North Notts golf club on the market for £1.7m
A golf and country club on the North Notts/South Yorkshire border is up for sale for £1.7m.
Real estate adviser GVA has been instructed to market Styrrup Hall Golf & Country Club. Offers in the region of £1.7m are invited for the freehold property; however, the seller is also willing to grant a long term lease at an annual rental to parties that have proven golf/leisure operational expertise.
Styrrup Hall G&CC opened in 2000 and has been in the same family ownership throughout. Phil Ramsey, the 85-year-old proprietor, is set to retire.
The Club, which is set in 59 hectares (147 acres), includes an 18 hole 6,745 yard (par 73) golf course, a 15-bay floodlit golf driving range, and practice facilities. There is also a two-storey clubhouse with a well-appointed conference/function room, lounge bar, managers flat and let office suites.
The business turns over around £900,000.
Ramsey said: “My family has owned the Club since its inception in 2000 and farmed the land on which it sits for many years before then. However, to my disappointment, since leaving university my grandchildren have decided to follow other paths in life rather than join the business. I have decided therefore that sadly the time has come for me to start to slow down, which hopefully my loyal staff and members, some of which have been with us since we opened, will understand. My preference is to find a purchaser or tenant who will take the Club forward in a manner that the family can be proud of, someone who will endeavour to manage the Club along current lines.”
The sale is being handled by Ben Allen of GVA who said: “Styrrup Hall G&CC is a fine proprietary golf facility that is presented to a very high standard following recent refurbishment works. The Club has the air of a true members’ club, yet generates a strong operating profit and still offers potential for commercialisation. Following our recent sales of Hagley Golf & Country Club, West Midlands, The Ridge Golf Club in Kent and The Springs Golf Hotel in Oxfordshire, we are expecting a good level of interest in Styrrup Hall.”
