Jul 9th, 2016
Kent golf course goes on sales for £1.75 million
Sounds like a bit of a bargain to us
Words: John Dean
A golf club near Sevenoaks in Kent has been put on the market for £1.75 million, which we think is a bit of bargain for the South East of England.
Woodlands Manor Golf Club, West Kingsdown, is being sold as the current owner wishes to retire.
For your £1.75 million you get 137 acres, an 18-hole parkland course, practice area, and clubhouse.
Ben Allen, director at Bilfinger GVA who is handling the sale, said: "Woodlands Manor Golf Club is a wonderful facility.
"The club occupies a most tranquil location set amongst swathes of woodland and rolling hills – stark contrast to the hustle and bustle of nearby city life.
"The golf market is proving to be an interesting investment sector for purchasers seeking alternative investment opportunities, and provides the security that owning a significant tranche of freehold land brings.
"The golf sector also offers remarkable value compared to the residential property market, along with the hope potential of future alternative use."
The club lies in the Knatts Valley Area of Outstanding Natural Beauty, between Orpington, Sevenoaks and New Ash Green, and is just a hour's drive from London.
It originally opened in 1928, and was designed by six-time Open champion J.H. Taylor. He and three-time Open champion Henry Cotton played the opening round on the course to celebrate its completion.
According to the particulars, the business achieves a turnover of about £635,000 a year. Given that you’d be hard pressed to buy a decent family house in central London for £1.75 million, this sounds like a total bargain to us.