Land At Ripon City Golf Course, Palace Road, Ripon, North Yorkshire, HG4 3HH

Part of the Ripon City Golf Club course, strategically positioned on the northern fringe of Ripon and adjacent to Palace Road, sold subject to lease expiring in 2048.

Description

DESCRIPTION
The land forms 9 holes of the highly regarded 18 hole golf course, the land is undulating and interspersed with trees and shelterbelts. The western section of the land includes an overflow car park and yard area, with workshop and machine store. This building is a portal frame, with fibre cement roof and sliding timber doors (9.25m (max) x 26 m) utilised by the green keepers and staff, we understand this has been erected
and constructed by the tenants.

The land sits on the northern fringe of Ripon City with road frontage to Palace Road (A6108), the Golf Course Clubhouse and a Tennis Club sit on the northern fringe of the land separated via an access road. The southern boundary is a mixture of grass fields and residential development.

The land is subject to a Landlord and Tenant Act 1954 lease which commenced on 25th March 1998 for a period of 50 years to 24th March 2048. The lease is contracted out of s24-28 of the Landlord and Tenant Act. The lease restricts use of the land to Golf course and ancillary uses associated thereof.

The current passing rent is £12,916.67 (+VAT) or £15,500 inclusive of VAT at the prevailing rate (20%) per annum, rent reviews are at 5 yearly intervals with the next due on 25th March 2028. A copy of the lease agreement is available on request.

Acreage: 53.7 Acres