Europe's largest golf retailer has bought a Cheshire club and its courses in a deal worth £2.7m
Warrington-based American Golf has swooped for High Legh Park Golf Club in Knutsford, marking the first time it has owned an entire complex inclusive of courses, retail outlet, conference and event facilities and a food and beverage offering.
American Golf said the High Legh Park Golf Club investment, helped by specialist golf and leisure brokerage, HMH Golf & Leisure, supports its strategy for growth.
Gary Favell, CEO at American Golf said: “High Legh Park Golf Club is a seamless addition to our site portfolio and being in such close proximity to our own Cheshire headquarters, it aligns perfectly with our growth strategy.
“We’re looking forward to investing in the site for the local community and to provide members with the very best facilities.
"The site appeals perfectly to both male and female players of all abilities – and we’re even more excited about the potential of the Junior Academy, which will inspire and develop future golfers. High Legh Park Golf Club is the perfect site for us to continue widening the sport’s appeal.”
It's the latest of various site investments for American Golf in the last six months.
The business recently invested £650k in its Trafford ‘superstore’ in Greater Manchester and overhauled its stores in Milton Keynes and Hull, as well as creating a new flagship store in New Malden, Surrey, with its revamped Netherley, Liverpool store scheduled to open on May 8.
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The retailer has also put "significant investment" into new golf ranges in Rossendale, Lancashire and Hemingford Abbots in Cambridgeshire.
Tom Marriott, HMH Golf & Leisure, said: “This is a fantastic new facility for American Golf to grow its brand and presence in the market.
"The sale generated a number of interested parties, however the existing on-site shop of American Golf made this sale a natural fit. The golf market generally is very strong with plenty of new buyers coming into a market with limited stock.”