GVA holes in one with sale of golf course
THE leisure advisory team at GVA has completed the sale of a popular West Midlands golf course on behalf of Struan Investments Limited.
Designed by renowned professional golfers and course architects Peter Allis and Clive Clarke, the 18-hole Aston Wood Golf Club is located in Little Aston, near Sutton Coldfield. It opened in 1994 and is set in 160 acres.
Offers in the region of £2.25 – £2.5m were invited for the freehold property, which comprises an 18 hole, 6,604 yard (par 71) golf course, practice facilities, purpose built greenkeepers’ building and a recently refurbished 8,934 sq ft clubhouse, which includes a substantial function room, lounge bar, members’ lounge, pro shop, and changing facilities.
Ben Allen, of the hotels and leisure team at GVA, said: “The marketing campaign generated a high level of interest and resulted in strong competitive bidding for the club. This sale provides further evidence that the recent economic turmoil has had little impact on the value of a good quality, profitable freehold golf course such as this.”
Colin Crawshaw, the new owner of Aston Wood Golf Club, said: “I am delighted to have purchased Aston Wood Golf Club and look forward to working with the current team to further enhance the offering and standards at the club.”
