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Carnoustie Golf Hotel & Resort, Carnoustie

Leisure property for sale

£10,000,000 28,446 sq ft

Colliers International
Property type

Leisure property for sale

Full address
Links Parade, Carnoustie DD7 7JE – Carnoustie
Asking price
£10,000,000
Available space range
There is 1 space available. This measures 28,446 sq ft.
Brochure
Download the brochure

Sale details

Sale unit 3827801 Available

28,446 sq ft, £351.54 per sq ft, available now

Unit Sale unit 3827801
Address Links Parade, Carnoustie, Angus, DD7 7JE, GB
Size 28,446 sq ft
Price £10,000,000
Price per unit £351.54 per sq ft
  • Long leasehold interest from angus council of 125 years from 1998 (104 years unexpired).
  • There is a rent payable which is comprised of base rent with a turnover provision until 2033..
  • Total revenue to ye april 2018 £4.1m and ebitdam for this period is £734k.
  • Budget to ye april 2019 £976k ebitdam.
  • The hotel benefits from commissions income and a sub-lease to carnoustie golf links limited, which generates a total current income of £209,266 per annum.
  • The property and business is to be sold as a going concern.
Sale type Investment
Tenure Long leasehold
More building details Less building details

Property facts for Carnoustie Golf Hotel & Resort, Carnoustie

Building subtype
Golf course driving range
Number of storeys
4
Parking ratio
3.09
Rentable building area
28,446 sq ft
Year built
1999
Parking
Surface: 100

Attachments

PDF #1 Marketing brochure/flyer Download

This leisure property for sale is located in Carnoustie.

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Colliers International

  • A profile photo of Alistair Letham Alistair Letham
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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Colliers International. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Colliers International for full details and further information.