The Vale Golf Club & The Chase Golf Club - SOLD
HLL Humberts Leisure, who acted on behalf of the UK’s foremost golf operator Crown Golf, confirms the sale of The Vale Golf Club, Worcestershire and The Chase Golf Club, Staffordshire.
The Vale Golf Club, which is located between Evesham and Worcester, comprises a spectacular 18 hole 7,555 yard (p 74) International Golf Course; a 9 hole 2,918 yard (p 35) Lenches Golf Course; an 18 bay floodlit golf range and practice facilities; a magnificent 1,335 sq m clubhouse with conference / function facilities - all set in a site of approximately 304 acres. The business commenced trading in 1991. The property was offered to the market at a guide price of £2.25 million.
The Chase Golf Club, which is located on the Cannock Chase some 30 minutes from central Birmingham, comprises a challenging 18 hole 6,641 yard (p 72) golf course; a 20 bay floodlit golf range; golf shop; a 4,332 sq m clubhouse (part let) with conference and function facilities – all set in a site of approximately 160 acres. The business commenced trading in 1995. The property was offered for sale at a guide price of £1.65 million.
The sale of both properties was handled by Ben Allen of HLL Humberts Leisure’s golf agency team. Ben Allen said ‘Both The Vale Golf Club and The Chase Golf Club have been sold to lifestyle purchasers with business interests close to each Club. The quality of the facilities and their established trading records proved to be highly attractive to the market. These two sales again confirm the strength of demand for and resilience in value of freehold golf courses. We have ongoing interest Eccleston Park Golf Club, Merseyside - the final Club that we are selling for Crown Golf - and hope to report further developments in that sale in the near future.
For further information please contact: Ben Allen BSc (Hons) MRICS or Martin Brister FRICS on 01962 835 960