Following a thorough strategic review of all its operations, International Leisure Group has made the decision to sell a number of its leisure businesses to enable continued focus on the core retail offering at American Golf. The company has instructed HMH Golf & Leisure to offer the sites for sale. The four properties, two of which are located within the M25 and two in the Manchester area, are Barnehurst Golf Club and Golf Kingdom Chadwell Heath both in London, and High Legh Park Golf Club, Knutsford, Cheshire and Golf Kingdom in Rossendale.
Tom Marriott at HMH Golf & Leisure commented: “We are selling four very attractive family leisure sites in strategic locations. All of the properties have been significantly upgraded over the last 24 months and the incoming operator will benefit from this capital investment. Trading at each business is strong with significant growth enjoyed in recent months. These properties represent an ideal opportunity for an existing operator to add to its portfolio or for a new operator to enter the family golf and leisure market. Offers will be considered for the group or the individual properties.
“Currently there is very little available in the marketplace. Adventure golf sites and driving ranges almost never come to market and we would expect strong interest from these well capitalised sites.”
