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Attractive GOLF COURSE plus SPACIOUS TEAROOMS (Members Licence for the sale of wines, beers and spirits).

 
Business Summary:
Reference : M2622
Categories : Golf courses
Coffee Shops
Tea Rooms
Location : Herefordshire
Turnover : £ 2,600 p.w.
Price : £ 60,000 (Leasehold)

     

No direct contact is to be made on the vendors instructions,
viewing is only via appointment - Please register for free to see full location details
 

Location

Excellent main road, sought after locality, Herefordshire. (Please register to make appointments and view addresses)

Features

Outstanding opportunity to acquire a lease in respect of a well established 9 hole golf course, together with spacious tearooms. The business is at present mainly staff operated and in our opinion has tremendous potential for further development in the right hands.

Standing in approx. 40 acres. Tarmaced car park for 30 cars plus overspill car park (comprising a field area for an additional 40 cars).

ATTRACTIVE & SPACIOUS TEAROOMS with adjoining conservatory. Tables and chairs providing seating for 50 persons plus additional sofas with tables providing seating for 12 persons. Small upright glass fronted drinks fridge.

Small kitchen. The equipment includes 5-burner gas cooker with oven, hotwater boiler, coffee machine, heated carvery trolley, upright 2-door deep freeze, double panini toaster, 2 microwave ovens, 4-door stainless steel counter fridge, upright glass fronted fridge, ice maker, sink and drainer, dishwasher etc.

Adjoining ladies' changing room for the golf course with 2 w.c's, 2 wash hand basins.
Gentlemen's changing room with 2 urinals, 2 w.c's, wash hand basin

Office with computer and 3 desk positions
Storeroom with chest deep freeze and fridge

We understand the owner has planning permission to enlarge the kitchen at rear plus erect a function room with ladies' and gentlemen's cloakrooms. The present owner is prepared to undertake this extension, subject to agreeing an increase in the rental payable.

The vendor also has planning permission to build 5 Norwegian Log Cabins adjacent to the tearooms. The vendor is prepared to consider letting these to the owner of the tearooms/golf course, which in our opinion could provide additional rental income for the business.

To the front of the Tearooms is an attractive large paved patio with tables and chairs providing seating for 30 persons. In addition, there is a covered area utilised as a smoking area with tables and chairs for 14 persons. Also in addition there are 2 picnic areas with 7 tables plus benches providing additional seating for 42 persons.

ATTRACTIVE WELL MAINTAINED 9 HOLE GOLF COURSE. The equipment includes an electric golf buggy. 2 practice nets.

The vendor also owns the adjoining Country House, which the vendor is quite happy to provide an Outside Catering Contract for the hall. The adjoining Country House is a grand gentlemen's residence with a commanding position of the 4th fairway of the golf course. The hall has recently undergone a total renovation and is now available for weekend house parties, golf breaks, corporate events and weddings, either on a self catered, part catered for fully catered basis. The hall can comfortably sleep up to 20 people. The owner is prepared to condsider the owner of the tearooms having an outside catering contract for the hall.

Turnover

GOLF COURSE TURNOVER. We understand at the present time there are approximately 100 members. Club fees income approx. £30,000 p.a. In addition Pay & Play at the present time provides an additional turnover of approximately £30,000 p.a.

TEAROOMS TURNOVER. We are informed the turnover in respect of the tearooms is at present in the region of £75,000 p.a. however in our opinion both the income from the Golf Course and the Tearooms has tremendous potential under personal supervision.

Staff

As stated the business is mainly staff operated at present.
Tearoom Staff - 4/5 part time ladies'
Golf Course Staff - full time greensman plus additional part time seasonal staff.

Opening Hours

Tearooms
Summer months - Easter through to end of October 10 a.m.- 5 p.m. seven days per week.
Winter months - 10 a.m. - 4 p.m. seven days per week
In our opinion the Tearooms have tremendous potential for further development under personal supervision and indeed there is potential to develop part of the area into a delicatessen type of operation, specialising in the sale of local home grown produce etc.

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 9 years full repairing and insuring lease at a rental of £25,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £60,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Reference : M2622

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