RICHMOND PARK GOLF CLUB
WATTON
l
THETFORD
l
NORFOLK
RICHMOND PARK GOLF CLUB
SAHAM ROAD
l
WATTON
l
THETFORD
l
NORFOLK
l
IP25 6EA
Summary
v
A colonial style destination Resort with an 18 hole golf course, driving range,
clubhouse, pro shop, and offices.
v Freehold interest of 33 holiday houses and cottages/apartments.
v Three cottages/apartments are offered with vacant possession; a fourth cottage is
subject to a two year commercial lease; the remainder are subject to long leases.
v Planning permission for further holiday residential development and Leisure Centre.
v Richmond Park is an RCI designated 3 Key Resort, offering timeshare weeks and
RCI Points. Fourteen cottages are held in Trust and affiliated to RCI.
Directions
Description
continue through Hingham and into Watton. In
co.uk) is a mixed leisure and residential complex
Travelling west from Norwich on the B1108,
the centre of the village of Watton, turn right into
Saham Road and the Golf Club will be found
after a short distance on the left hand side.
Location
Richmond Park Golf Club is situated on the
Saham Road on the outskirts of Watton, a
small market town in the heart of Norfolk
Brecks between Dereham and Thetford with
an immediate population of about 6,800
inhabitants. Watton is situated about 10 miles
north of Attleborough and the A11, providing
access to the Cathedral City of Norwich, racing
in Newmarket and the historic University City
of Cambridge. The Queen’s Norfolk Estate at
Sandringham is 31 miles distant and the sandy
beaches of the North Norfolk Coast are about
37 miles distant.
Rail services from Downham Market (about
25 miles) to London Kings Cross take about
90 minutes. Services from Norwich to London
Liverpool Street take about 110 minutes.
Richmond Park Golf Club (www.richmondpark.
with planning permission for further holiday
residential development, comprising:
An 18 hole Golf Course and Driving Range
Extending to 6,300 yards with a 71 par, the golf
course is an 18 hole parkland course situated in
two blocks, either side of the Saham Road and
flanking the River Wissey, which flows in an east
-westerly direction through the course.
Built in 1990 on a medium to heavy soil, the
course has irrigation to the tees and greens.
The course has been planted with a variety
of ornamental deciduous trees that are now
well established. Man made lakes have been
integrated into the course to provide further
interest. Extending to about 100 acres, there
is potential to acquire additional land, subject
to separate negotiation with the adjoining
landowner.
To the east of the Saham Road, is a four bay
covered driving range extending to 230 yards, and
a green keeper’s machinery/equipment store.
Stansted Airport is about 68 miles distant,
and Norwich has an international airport with
regular flights to Amsterdam taking about 1 hour.
Onward connections can be caught to worldwide
destinations.
Approximate Distances
Norwich 22 miles
Cambridge 47 miles
Newmarket 34 miles
London 90 miles
North Norfolk Coast 33 miles
Stansted Airport 68 miles
The Clubhouse
Constructed in a New England style timber frame building with horizontal ship-lap
cladding under a pitched composite tile roof, the Clubhouse is built over two floors and
extending to 7,568 sq ft, comprises:
Ground Floor: Reception Hall, Lounge with two bar areas (licensed for 150),
Conservatory/Dining room, Ladies and Gentlemen’s changing rooms, wet room and WCs.
On the first floor is a Conference Room and restaurant/function room for 85 guests,
separate dining/family room and offices currently occupied by Beauty Therapists. Business
facilities are offered including Wi-fi access, fax, telephone, audio visual equipment and
photocopying.
There are car parking facilities for 150 cars and coaches.
The Professional Shop and Offices
The professional shop is managed in house. Adjoining the professional shop are offices
which could be altered to enlarge the professional shop. The gross internal area is
approximately 1,450 sq ft.
Membership
Membership rates are as follows:
Membership Class
Annual Cost
Current Uptake
Membership Income per
annum (incl.VAT)
Full Male
£645.65
173
Full Lady
£648.05
13
£8,424.65
Full Joint
£592.55 each
45
£26,664.75
Five Day Male
£556.85
31
£17,262.35
Five Day Lady
£559.25
9
£5,033.25
Five Day Joint
£513.05 each
10
£5,130.50
Colt 18-21
£195.85
8
£1,566.80
Junior 15-17
£81.85
19
£1,555.15
Junior < 15
£53.05
14
£742.70
Corporate 1
£535.25 each
1
£535.25
Corporate 2
£604.80
6
£3,628.80
Corporate 3
£565.60 each
11
£6,221.60
£111,697.45
Motoring
Over 25 Miles*
£514.85
8
£4,118.80
Country**
£309.00
11
£3,399.00
£645.00
24
£15,480.00
3 bed
£300.00
4
£1,200.00
3 bed
£300.00
8
£2,400.00
5 bed
£250.00
12
£3,000.00
407
£218,061.05
EDP Deal 15 months
12 months Initial Deal
Apartment Owners
Total Membership
* Applies only to Members living outside 25 miles of Clubhouse by road
** Applies only to Members living outside 50 miles of Clubhouse by road
Course Layout
Holiday Houses, Cottages/Apartments
There are 33 properties, some with holiday restrictions, situated in six
blocks, recently built in a New England style, comprising one and two
storey holiday cottages and houses.
Three cottages/apartments are offered with vacant possession and
available for Golf Holidays, Weekend breaks and Corporate Events.
1 No. x 4 Bedrooms
2 No. x 1 Bedroom
A fourth cottage (2 beds) is subject to a two year commercial lease at
£480 pcm, terminating in February 2015:
Eight properties are subject to 99 year leases, and six properties are
subject to 125 year leases; all are sold to private owners. The leasehold
interest of the remaining fourteen cottages are held in Trust from
1st June 1997 to 31st December 2076, by Hutchinson & Co Trust
Company Limited.
The properties held in Trust are for RCI timeshare use.
The weekly management charges are as follows:
Property
Weekly Management Charge
1 Bedroom
£307.93
2 Bedroom
3 Bedroom
(incl.VAT)
£365.02
£395.94
RCI
Richmond Park Golf Club is an RCI designated 3 Key Resort.
May 2011 (excluding £325,000 of property sales) and £675,809
RCI, (formerly Resort Condominiums International), is a division
for the year ending May 2010 (excluding £35,000 of property
of Wyndham Worldwide and is one of the largest timeshare
sales).
organisations in the world. RCI has over 6,300 affiliated resorts
in over 100 countries. Its membership base is approximately 3.8
million holidaymakers worldwide.
2) The Properties. The management of the properties is
undertaken by a limited company: Richmond Park
Maintenance Limited.
RCI operates two main exchange programs - RCI Weeks and RCI
Points. RCI Points is a totally flexible holiday ownership system,
available at any time of the year for exchange weeks, short breaks,
hotel/cottage holidays or cruises.
The turnover for the last 3 years have been £594,756 for the
year ending 31st May 2012; £565,085 for the year ending 31st
The turnover for the last 3 years was £150,633 for the year
ending 31st May 2012, £147,492 for the year ending 31st May
2011 and £138,603 for the year ending May 2010
Planning Permissions
For further information, please contact the office and a
houses, 23 apartments and a leisure centre on 3 September 2007
provided.
Planning permission was granted for the erection of 22 time share
(Ref:3PL/2006/1163/F).
Planning permission was granted for the erection of a two storey
detached building comprising indoor bowls rink on ground
floor with 7 holiday lets at first floor, on 10th October 2010.
(Reference:3PL/2010/0869/F).
The opportunity exists to develop further residential holiday units,
including a block of 23 apartments and 6 four bedroom houses
overlooking the 18th fairway.
The Business
The complex has been in the same family since inception and is
now being offered to the market for the first time by the family due
to retirement and to follow other business interests.
confidentiality agreement will be forwarded to you for your
signature. On receipt, further accounts and information will be
Licenses
The following Licences have been issued:
a) Licence to Abstract Water (License serial number
6/33/48/G/261).
b) Premises Licence for film, performance of live music,
entertainment facilities for making music, dancing, late night
refreshments and sale by retail of alcohol.
c) Club Machine Permit for three gaming machines expiring
14/01/2023.
Services
The business is currently operating as two revenue producing centres:
Mains water, mains electricity and mains gas. A treatment
1) The Golf Club, including the professional shop, Club house
apartments have electric heating.
and associated activities. The structure of the Club is run as a
family Partnership.
plant has been installed to pump sewerage to mains drains. The
Fixtures, Fittings and Equipment
The fixtures, fittings and contents of the Club house and 17 of
the cottages/apartments are included in the sale. The golf course
equipment is available by separate negotiation. An inventory is
available from the agents.
Local Authority
Breckland District Council, Breckland House, St Nicholas Street,
Thetford IP24 1BT. Telephone 01362 656871.
Business Rates: Golf Course and Premises: Rateable Value
£70,000. Rates payable at 0.471 p in the £ is £32,970.
Tenure
The Golf Course and Club is offered freehold, but subject to leases
on two small parcels of land:
1) Watton Relief Charity for 21 years from September 2011
(£2,600 pa) and;
2) Watton Town Council for £462 pa.
The Houses and Cottages/Apartments. Three of the cottages are
offered freehold with vacant possession.
One two bedroom cottage is offered subject to a two year
commercial lease terminating in February 2015 (£480 pcm). The
remainder of the properties are offered freehold, but subject to long
leasehold interests.
Tupe
Purchasers will be required to comply with the relevant legislation
in respect of current employees.
VAT
Should 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 Certificates (EPC’s)
Full copies of the EPC’s will be available on request.
VIEWING
By appointment through the Vendor’s agents, Chesterton Humberts on 01603 661199 or by
email: [email protected]
CH (Norwich) Ltd trading as Chesterton Humberts for themselves and for the vendor of this property whose agents they are, give notice that
(i) these particulars do not constitute any part of an offer or contract,(ii) all statements contained within these particulars are made without
responsibility on the part of Chesterton Humberts or the vendor, (iii) whilst made in good faith, none of the statements contained within these
particulars are to be relied upon as a statement of representation or fact, (iv) any intending purchaser must satisfy him/herself by inspection or
otherwise as to the correctness of each of the statements contained within these particulars, (v) the vendor does not make or give either Chesterton
Humberts or any person in their employment any authority to make or give representation or warranty whatsoever in relation to this property.
© Copyright Chesterton Humberts 2013 | CH (Norwich) Ltd, Registered Office 13 Upper King Street, Norwich, Norfolk NR3 1RB.
Richmond Park
Golf Club
Chesterton Humberts Norwich
13 Upper King Street, Norwich, Norfolk, NR3 1RB
[email protected]
chestertonhumberts.com
01603 661199