Bilfinger GVA tees up sale of £1.25m Midlands golf club
A GOLF club in the heart of the Midlands has been placed on the market with an asking price of £1.25m.
Real estate adviser Bilfinger GVA has been appointed to sell the family owned Sapey Golf Club, which is located on the border of Worcestershire and Herefordshire.
The sale is being dealt with by the firm’s hotels and leisure team.
The club, which covers 108 acres, has been in family ownership since it was established in 1990, and is now being offered for sale as the current owners wish to retire.
The freehold comprises an 18-hole par 69 course designed by Ross McMurray, which extends 6,003 yards and is laid out over 86 acres.
There is also a nine-hole course on adjacent land which is also used for footgolf, a combination of football and golf that is becoming increasingly popular, especially with younger players.
The site has all of the ancillary facilities expected of a modern golf club, including a purpose-built club house with a function room overlooking the course and a steward’s flat, along with a greenkeepers’ facility.
Ben Allen, director at Bilfinger GVA, said: “Sapey Golf Club is a wonderful leisure lifestyle opportunity that has valuable commercial opportunities. It combines the best of its countryside location with easy access from Worcester, Hereford, Birmingham and the M5.
“The opportunity to grow the business, either through the expansion of the current facilities or through the development of new holiday accommodation makes the Club an extremely attractive proposition.
“Given that the market for golf clubs in the Midlands is very strong, with the Hagley Golf and Country Club already under offer after only a short period on the market, we are expecting Sapey Golf Club to rouse significant interest.”
In 2015 the Sapey club achieved a turnover of c. £600,000, generated through membership subscriptions, green fees and hire fees, and food and drink sales.
The property includes a two-bedroom lodge with lounge, kitchen and two bedrooms which has been used as holiday accommodation in the past. Planning permission is in place for a further three two bedroom lodges, with the possibility of obtaining permission for further accommodation in the future.
Stuart Preece, from Sapey Golf Club, said: “Having been in our family since 1990, it will be sad to be relinquishing control of this beautiful club. However, the time is right for someone new to run the course and facilities and to take Sapey Golf Club into the future.”
Whilst the club is being offered for sale as a whole, the agent said offers would also be considered for parts of the property.
