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CO123-Outstanding Championship Standard Indoor Tennis Centre

Asking Price: GBP 3500000
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Business Location: United Kingdom » Surrey » Surrey 
Category: Leisure » Recreation
Description:
Outstanding Championship Standard Indoor Tennis Centre
Ref.CO123
Location Surrey
Asking Price £3,500,000
Established over twenty seven years ago and as one of the first to offer indoor playing facilities, this is one of the few independently owned indoor tennis centres in the South East.

Situated in almost four acres of prime Surrey countryside this indoor tennis centre is ideally located within just a few minutes drive of the M25 and a number of major commuter towns. The centre is open all year round and as well as providing professional coaching to players of all standards – from beginners to world class - is currently ‘flat fee’ membership based with non members also allowed on a purely ‘pay and play’ basis. The centre boasts two superb indoor heated tennis courts and three outdoor tennis courts. The site is self-contained with ample parking facilities.

Designed and built by the current Owner, a very well known and respected tennis Coach, the playing facilities offered at this tennis centre are absolutely superb and have played host to a number of LTA Men’s tournaments in the past. The indoor complex is built of brick and steel to championship standards. It is insulated with quilt for all season play – warm in winter and cool during the summer. The roof of the building has been designed to enable daytime play in natural light. For evenings and night-time, powerful Osram 680 Harrier artificial lights ensure perfect vision for all players. The indoor surface is of supreme carpet – soft on the feet and with a true bounce, generating a medium to fast playing surface. And following a game, players can retire to a very relaxing coffee bar area overlooking the indoor courts. Offering comfortable seating, music, wide-screen television and table tennis the lounge area creates that perfect relaxed social atmosphere. Not surprisingly this venue is extremely popular with a regular playing contingent which numbers in excess of a hundred per week during the peak winter season.

Other facilities available to players include a Pro-Shop stocking a large range of new and second hand tennis rackets as well as a wide range of other tennis equipment including tennis balls, bags and grips. Racket stringing with a twenty-four hour ‘turnaround’ is also available.
Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area: N.A.
Year Established: 1982
Is Relocatable?:
No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: Yes
Number of Employees: 01
No of trading hours: The tennis centre is currently open between 9.00am and 10.00pm, seven days per week.
Reasons for selling:
This is a genuine retirement sale.
Market competition and expansion:
Although this business has had some success in the past by advertising on the local radio, the reputation of its coach and the fact that comparable facilities are at least fifteen miles away ensures a high level of awareness for the indoor tennis centre amongst its existing and potential Clientele. The business does have a very well designed, informative and easy to navigate website with an online booking facility that performs well within all the major search engines for all appropriate search terms as well as a very attractive mini Corporate brochure.
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