RICHMOND PARK GOLF CLUB - WATTON l THETFORD l NORFOLK
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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
Travelling west from Norwich on the B1108, Richmond Park Golf Club (www.richmondpark.
continue through Hingham and into Watton. In co.uk) is a mixed leisure and residential complex
the centre of the village of Watton, turn right into with planning permission for further holiday
Saham Road and the Golf Club will be found residential development, comprising:
after a short distance on the left hand side.
An 18 hole Golf Course and Driving Range
Extending to 6,300 yards with a 71 par, the golf
Location course is an 18 hole parkland course situated in
Richmond Park Golf Club is situated on the two blocks, either side of the Saham Road and
Saham Road on the outskirts of Watton, a flanking the River Wissey, which flows in an east
small market town in the heart of Norfolk -westerly direction through the course.
Brecks between Dereham and Thetford with
Built in 1990 on a medium to heavy soil, the
an immediate population of about 6,800
course has irrigation to the tees and greens.
inhabitants. Watton is situated about 10 miles
The course has been planted with a variety
north of Attleborough and the A11, providing
of ornamental deciduous trees that are now
access to the Cathedral City of Norwich, racing
well established. Man made lakes have been
in Newmarket and the historic University City
integrated into the course to provide further
of Cambridge. The Queen’s Norfolk Estate at
interest. Extending to about 100 acres, there
Sandringham is 31 miles distant and the sandy
is potential to acquire additional land, subject
beaches of the North Norfolk Coast are about
to separate negotiation with the adjoining
37 miles distant.
landowner.
Rail services from Downham Market (about
To the east of the Saham Road, is a four bay
25 miles) to London Kings Cross take about
covered driving range extending to 230 yards, and
90 minutes. Services from Norwich to London
a green keeper’s machinery/equipment store.
Liverpool Street take about 110 minutes.
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
North Norfolk Coast 33 miles Stansted Airport 68 miles
Newmarket 34 miles London 90 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 £111,697.45
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
Motoring
Over 25 Miles* £514.85 8 £4,118.80
Country** £309.00 11 £3,399.00
EDP Deal 15 months
12 months Initial Deal £645.00 24 £15,480.00
Apartment Owners
3 bed £300.00 4 £1,200.00
3 bed £300.00 8 £2,400.00
5 bed £250.00 12 £3,000.00
Total Membership 407 £218,061.05
* 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
(incl.VAT)
1 Bedroom £307.93
2 Bedroom £365.02
3 Bedroom £395.94
RCI The turnover for the last 3 years have been £594,756 for the Fixtures, Fittings and Equipment
year ending 31st May 2012; £565,085 for the year ending 31st
Richmond Park Golf Club is an RCI designated 3 Key Resort. The fixtures, fittings and contents of the Club house and 17 of
May 2011 (excluding £325,000 of property sales) and £675,809
RCI, (formerly Resort Condominiums International), is a division the cottages/apartments are included in the sale. The golf course
for the year ending May 2010 (excluding £35,000 of property
of Wyndham Worldwide and is one of the largest timeshare equipment is available by separate negotiation. An inventory is
sales).
organisations in the world. RCI has over 6,300 affiliated resorts available from the agents.
in over 100 countries. Its membership base is approximately 3.8 2) The Properties. The management of the properties is
million holidaymakers worldwide. undertaken by a limited company: Richmond Park Local Authority
Maintenance Limited.
RCI operates two main exchange programs - RCI Weeks and RCI Breckland District Council, Breckland House, St Nicholas Street,
Points. RCI Points is a totally flexible holiday ownership system, The turnover for the last 3 years was £150,633 for the year Thetford IP24 1BT. Telephone 01362 656871.
available at any time of the year for exchange weeks, short breaks, ending 31st May 2012, £147,492 for the year ending 31st May
Business Rates: Golf Course and Premises: Rateable Value
hotel/cottage holidays or cruises. 2011 and £138,603 for the year ending May 2010
£70,000. Rates payable at 0.471 p in the £ is £32,970.
For further information, please contact the office and a
Planning Permissions confidentiality agreement will be forwarded to you for your Tenure
Planning permission was granted for the erection of 22 time share signature. On receipt, further accounts and information will be
The Golf Course and Club is offered freehold, but subject to leases
houses, 23 apartments and a leisure centre on 3 September 2007 provided.
on two small parcels of land:
(Ref:3PL/2006/1163/F).
Planning permission was granted for the erection of a two storey Licenses 1) Watton Relief Charity for 21 years from September 2011
(£2,600 pa) and;
detached building comprising indoor bowls rink on ground The following Licences have been issued:
floor with 7 holiday lets at first floor, on 10th October 2010. 2) Watton Town Council for £462 pa.
(Reference:3PL/2010/0869/F). a) Licence to Abstract Water (License serial number
6/33/48/G/261). The Houses and Cottages/Apartments. Three of the cottages are
The opportunity exists to develop further residential holiday units, offered freehold with vacant possession.
including a block of 23 apartments and 6 four bedroom houses b) Premises Licence for film, performance of live music,
overlooking the 18th fairway. entertainment facilities for making music, dancing, late night One two bedroom cottage is offered subject to a two year
refreshments and sale by retail of alcohol. commercial lease terminating in February 2015 (£480 pcm). The
remainder of the properties are offered freehold, but subject to long
The Business c) Club Machine Permit for three gaming machines expiring
leasehold interests.
The complex has been in the same family since inception and is 14/01/2023.
now being offered to the market for the first time by the family due
Tupe
to retirement and to follow other business interests. Services
Purchasers will be required to comply with the relevant legislation
The business is currently operating as two revenue producing centres: Mains water, mains electricity and mains gas. A treatment
in respect of current employees.
plant has been installed to pump sewerage to mains drains. The
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.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) Richmond Park
Golf Club
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: norwich@chestertonhumberts.com
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.Chesterton Humberts Norwich
13 Upper King Street, Norwich, Norfolk, NR3 1RB
norwich@chestertonhumberts.com
chestertonhumberts.com
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