biddenden, kent

GOLF CLUb

Weeks Lane I biddenden I kent I tn27 8JX

Staplehurst 6.5 miles, Ashford 12.5 miles, Maidstone 12.5 miles (all distances are approximate)

Highly regarded golf club with exceptional championship course designed by world renowned golfer

and golf architect

course layout

HIstoryChart Hills Golf Club was officially opened in 1993 by its world famous designer Sir nick Faldo. Since opening, the Championship standard course has won numerous accolades including recently being named in the Rolex 1000 best Courses in the World. it has the longest bunker in europe, the Anaconda on the 5th and a signature island hole at the 17th. Occupying a rural position on the High Weald of kent, Chart Hills Golf Club is located just to the north of biddenden and approximately 20 minutes drive from Ashford.

the setting amongst Oak Ancient Woodland and lakes, along with the easily accessible location make this a popular and highly regarded Golf Club.

suMMary oF FacIlItIes• 18 hole, 7,135 yard par 72 golf course

• Modern purpose built clubhouse extending to circa 27,889 sq ft (2,591sq m) Gross internal Area (GiA)

• Halfway house with kitchen facilities and seating area

• Greenkeeper’s complex of buildings with workshop, staff room and outside storage extending to circa 8,181 sq ft (760 sq m) GiA

• Separate converted barn used as office space extending to circa 743 sq ft (69 sq m) GiA

• driving range, putting green and short game practice area close to the clubhouse

• tarmac and gravel surface car park for circa 150 cars

• Site extending to approximately 80 hectares (197.6 acres)

• electricity substation to the west corner of the car park

• bag drop / service hut

in addition to the above and available by separate negotiation is an adjacent residential property comprising a converted barn currently used for staff accommodation, together with two grass paddocks.

locatIoNChart Hills Golf Club is located to the north of biddenden in kent. the property occupies a rural location in the historic Weald of kent, an area well known for its picturesque english countryside. it is close to the national trust’s Sissinghurst Castle but is within easy reach of the nearby population centres of Staplehurst, Ashford, Maidstone and tunbridge Wells. the nearest mainline train station is at Ashford international, approximately 12 miles away with direct services to London St Pancras in 38 minutes and Paris in 2 hours via the eurostar. the motorway network is also easily accessible with the M20 J8 11.5 miles north of the property. the local area is characterised by middle to high income households.

accoMMoDatIoNthe Golf clubhousethe clubhouse was purpose built in 1993 when the course originally opened. its design and construction of brick elevations with a pitched tiled roof are typical of buildings on the Weald of kent. extending to circa 27,889 sq ft (2,591 sq m) GiA, the clubhouse is arranged over lower ground and ground floors. it was completely refurbished in 2006 and now includes on the lower ground floor, male, female and visitors changing rooms, small conference / meeting room, staff room, office, boiler room, electrical mains room, lift control room, several storage areas, old pro shop which is currently let, beer cellar, and service area which includes members club and trolley storage and a towel laundry facility. On the first floor the pro shop, restaurant, lounge bar, terrace, kitchens, male and female WCs, offices and reception are located, along with the Carnforth Function Suite including bar, function room, further WCs and banqueting service kitchen. the function area can accommodate 120 covers and has a private terrace and garden. the space is licensed to hold civil ceremonies so can be used for weddings as well as other private functions.

the clubhouse interior has a light and spacious feel, and has been designed to include a range of features such as exposed brick fireplaces, stone mantels and timber joinery and a lift between the floors.

the Greenkeeper’s Buildingsthe purpose built greenkeeper’s buildings extend to 8,181 sq ft (760 sq m) GiA and comprise three steel portal frame structures with fibre cement sheet roofs and side cladding with block work to half height and roller shutter doors. they provide workshop accommodation, offices, storage, and staff rest facilities. Outside there is a wash-down area, petrol and diesel storage tanks which is adjoined by staff parking to the front and a yard to the side and rear where greenkeeping equipment and materials are stored.

the Halfway Housethe single storey timber framed building with pitched tiled roof includes a small kitchen area with hot plate, oven, hot cupboard, soup warmer, hot water urn, and fridge, gents and ladies toilets, seating for 8 people, one double door display fridge for cold drinks and chocolate and an outside decked seating area.

the Barn officethe single storey detached barn is located on the west side of the golf club car park. typical of rural buildings in kent, it is of brick and timber construction with weatherboard clad elevations beneath a tiled roof. it provides office accommodation and is currently let to a third party.

tHe BusINessChart Hills Golf Club currently operates as a proprietary club, which also attracts green fees and society usage. there are extensive function facilities within the golf clubhouse and these generate significant further income in addition to the core golf business.

Membership Numbers and chargesMembership as at 8th May 2016 is summarised below:-

category No. Members7 day individual 597 day Joint 395 day individual 375 day Joint 16Corporate 23Country 1Student and Junior 89Flexi 226Other 49total 539

the main membership categories are as follows:- (All figures include VAt)

Membership type Joining Fee annual subscription5 day Single n/A £1,6505 day Joint n/A £2,6997 day Single n/A £2,2687 day Joint n/A £3,737

Current green fees are as follows:- (All figures include VAt)

Summer 1st April – 31st October

Winter 1st november – 31st March

sun - thurs Fri - sat sun - thurs Fri - satList Price £80 £95 £60 £75Visitor Peak £60 £70 £50 £60Visitor twilight (2pm -3:50pm) £47.50 £47.50Visitor twilight Plus (4pm onwards) £32.50 £32.50Member’s Guest £35 £35 £30 £35

traDING HIstorythe trading performance of the business, net of VAt, over the last 4 years is summarised below. Please note that the 2015 figures are taken from unaudited accounts:-

y/e 31st December 2015

y/e 31st December 2014

y/e 31st December 2013

y/e 31st December 2012

Joining Fees 0 319 3,736 6,877

Golf Subscriptions - Member 406,563 396,885 444,579 473,021

Golf Subscriptions - Corporate 64,455 73,885 68,567 66,471

Golf Subscriptions - Other 9,089 4,688 9,681 5,744

Green Fees 224,047 191,593 211,308 231,975

Retail - Shop 143,002 126,734 116,848 120,120

Retail - Other 23,377 20,270 22,163 24,102

buggy Hire 24,090 16,169 17,891 16,885

Food and beverage - Restaurant 232,818 224,996 229,660 248,326

Food and beverage - bar 152, 234 149,764 144,244 167,090

Food and beverage - Function/Room Hire 10,943 24,474 16,563 20,267

Other income 31,741 27,034 18,197 17,613

total Income 1,322,359 1,256,811 1,303,437 1,398,491

Whilst golf membership forms the core business at the club, the function business provides additional income.

during 2014 and 2015, subscription income remained stable and green fee income as well as the golf shop have shown growth. this is also reflected in the ongoing stability of food and beverage income during this period.

Chart Hills is a championship golf course and has been a european tour Qualifying school which has also hosted the Ladies european tour and the Ladies english Open Championship. these and other high profile events attract additional business to the site periodically. in May 2017 the course is scheduled to host the prestigious brabazon trophy.

serVIcesthe golf clubhouse and greenkeeper’s buildings are connected to mains water and electricity. drainage is to private treatment facilities. the heating and hot water systems as well as some kitchen equipment are served by LPG. irrigation of the golf course uses recycled water drawn from a nearby treatment plant.

FIXtures, FIttINGs aND eQuIPMeNtAll fixtures, fittings and equipment are included in the sale unless otherwise identified in the schedule available in the online data room. the majority are owned outright and details of lease agreements for items which are not owned are also available.

toWN aND couNtry PlaNNINGthe property lies within the jurisdiction of Ashford borough Council: - www.ashford.gov.uk

interested parties are requested not to make enquiries of the local authority without the prior written consent of the vendor.

BusINess ratesthe current rateable value of the property is £181,000 giving rise to rates payable of £89,957 for the year ending 31 March 2017.

teNure aND BasIs oF saleOffers are invited for the freehold interest in the property subject to the following leases and upon the following basis:-

• A short term lease over the barn adjoining the golf club car park.

• A short term lease of the halfway house.

• A 12 month lease of the old pro shop to Leipa Uk Limited, which is subject to a three month notice period.

• A short term lease of the bunker room to Falcon Oast Graphic Art Limited.

• Subject to annual rights granted to golf club members.

• Membership subscriptions will be apportioned between the vendor and the purchaser upon completion.

• in addition to the purchase price, all consumable stock is to be purchased at valuation upon completion.

tuPePurchasers will be required to comply with the relevant legislation in respect of current employees, details of which are available.

VatShould the sale of the property or any right attached to it be deemed a chargeable supply for the purpose of VAt, such tax shall be payable by a purchaser in addition to the sale price.

eNerGy PerForMaNce certIFIcatesFull copies of the energy Performance Certificates are available.

FurtHer INForMatIoN aND VIeWINGsAn online data room providing detailed information in relation to the property and business is available to seriously interested parties, subject to the signature of a confidentiality agreement.

Viewings are to be undertaken strictly by appointment through the selling agents, in order to avoid disruption to the business. interested parties will be required to confirm that they have viewed and understood the content of the data room prior to arranging a viewing.

For further information or to arrange a viewing, please contact Savills, Wytham Court, 11 West Way, Oxford, OX2 0QL:-

Contact: Angie Simmons Contact: ian Simpson+44 (0)1865 269015 +44 (0)1865 269022asimmons@savills.com +44 (0)7967 555478 isimpson@savills.com

DIrectIoNsthe postcode of the property is tn27 8JX

IMPortaNt NotIceSavills, their clients and any joint agents give notice that:

1. they are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. they assume no responsibility for any statement that may be made in these particulars. these particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.

2. Any areas, measurements or distances are approximate. the text, images and plans are for guidance only and are not necessarily comprehensive. it should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.

Photographs taken 2007

Sale particulars prepared May 2016

Green Deal InformationThe Green Deal will be available from later this year. To find out more about how the Green Deal can make yourproperty cheaper to run, please call 0300 123 1234.

Energy Performance CertificateNon-Domestic Building

Certificate Reference Number:9568-3022-0546-0103-5025

CLUB HOUSEChart Hills Golf ClubBiddendenASHFORDTN27 8JX

This certificate shows the energy rating of this building. It indicates the energy efficiency ofthe building fabric and the heating, ventilation, cooling and lighting systems. The rating iscompared to two benchmarks for this type of building: one appropriate for new buildings andone appropriate for existing buildings. There is more advice on how to interpret this informationon the Government's website www.communities.gov.uk/epbd.

The Club House – Energy Performance Asset Rating

Technical Information Benchmarks

Main heating fuel: LPGBuilding environment: Heating and Natural VentilationTotal useful floor area (m2): 2591Building complexity (NOS level): 3Building emission rate (kgCO2/m2): 131.92

Buildings similar to thisone could have ratings asfollows:

If newly built

If typical of theexisting stock

Green Deal InformationThe Green Deal will be available from later this year. To find out more about how the Green Deal can make yourproperty cheaper to run, please call 0300 123 1234.

Energy Performance CertificateNon-Domestic Building

Certificate Reference Number:0220-5950-0364-6522-1084

CAR PARK OFFICEChart Hills Golf ClubBiddendenASHFORDTN27 8JX

This certificate shows the energy rating of this building. It indicates the energy efficiency ofthe building fabric and the heating, ventilation, cooling and lighting systems. The rating iscompared to two benchmarks for this type of building: one appropriate for new buildings andone appropriate for existing buildings. There is more advice on how to interpret this informationon the Government's website www.communities.gov.uk/epbd.

Car Park Office – Energy Performance Asset Rating

Technical Information Benchmarks

Main heating fuel: LPGBuilding environment: Heating and Natural VentilationTotal useful floor area (m2): 69Building complexity (NOS level): 3Building emission rate (kgCO2/m2): 66.92

Buildings similar to thisone could have ratings asfollows:

If newly built

If typical of theexisting stock

Green Deal InformationThe Green Deal will be available from later this year. To find out more about how the Green Deal can make yourproperty cheaper to run, please call 0300 123 1234.

Energy Performance CertificateNon-Domestic Building

Certificate Reference Number:0554-0134-6569-8222-0006

GREEN KEEPERS WORKSHOPChart Hills Golf ClubBiddendenASHFORDTN27 8JX

This certificate shows the energy rating of this building. It indicates the energy efficiency ofthe building fabric and the heating, ventilation, cooling and lighting systems. The rating iscompared to two benchmarks for this type of building: one appropriate for new buildings andone appropriate for existing buildings. There is more advice on how to interpret this informationon the Government's website www.communities.gov.uk/epbd.

Green Keepers Workshop – Energy Performance Asset Rating

Technical Information Benchmarks

Main heating fuel: LPGBuilding environment: Heating and Natural VentilationTotal useful floor area (m2): 760Building complexity (NOS level): 3Building emission rate (kgCO2/m2): 38.89

Buildings similar to thisone could have ratings asfollows:

If newly built

If typical of theexisting stock

savills leisure Wytham Court 11 West Way Oxford OX2 0QL

savills.co.uk/leisure +44 (0)1865 269000

this Plan is based upon the Ordnance Survey Map with the sanction of the Controller of H.M. Stationery Office. Crown Copyright reserved. (100024244). this Plan is published for the convenience of Purchasers only. its accuracy is not guaranteed and it is expressly excluded from any contract. nOt tO SCALe.