Gatton Manor golf club sold for over £3.5million
PUBLISHED: 12:20 07 October 2011 | UPDATED: 20:05 20 February 2013
Home of the PGA Surrey Open Championship 2010-2012, Gatton Manor Hotel and Golf Club in Surrey has been sold for more than its £3.5million asking price, after just four months on the market.
Home of the PGA Surrey Open Championship 2010-2012, Gatton Manor Hotel and Golf Club in Surrey has been sold for more than its 3.5million asking price, after just four months on the market.
Situated between the picturesque Surrey villages of Ockley, Walliswood and Forest Green, the sale consisted of an 18 hole golf course, 18 bedroom hotel and planning consent for additional bedrooms, all set in 166 acres of freehold land.
Gatton Manor is one of the South Easts finest golf courses located in a beautiful parkland setting, saysKay Griffiths, from Savills Leisure team.
We had anticipated strong interest from a wide range of prospective purchasers and were delighted with the number of viewings and price achieved for the vendor.
The site has been dramatically improved over the last few years and the business showed good profits and potential for further growth.
Typically profitable asset backed businesses continue to attract strong interest in a time of uncertainty. We are finding that there is no shortage of cash buyers for assets of this quality, says Tom Marriott at HMH golf and leisure, who were the joint agents.
- Gatton Manor, Standon Lane, Ockley, near Dorking, Surrey RH5 5PQ: 01306 627555