Archive for the ‘Viability Studies, Investment Appraisal, Business Planning’ Category

Slinfold Golf Club

 

We were retained by the owners of Slinfold Park, a successful golf and spa resort to assist Indigo Planning to prepare an application for planning permission for extensions to the existing golf clubhouse to provide additional treatment rooms, function space and a 70-bed golf lodge. Our remit was to demonstrate the business case for the proposed development which was complemented by the erection of a new golf academy building with additional driving range and training bays. Planning permission was granted in early 2016.

For Alaska Development Consultants, we prepared a report in support of a planning application for conversion of the Brighton Hippodrome into a Vue cinema complex with associated restaurants. Brighton Hippodrome Concept ImageThe planning authority supported the application as being the only viable option for preservation of the building and for its future use as an entertainment centre. The Hippodrome has been empty for several years since its last use as a bingo hall and the internal fabric is deteriorating. The cost of restoration and refurbishment is substantial. Local campaigners mounted a vigorous challenge to the proposals in pursuit of the objective of saving the Hippodrome as a theatre. The landowners have sold the building and the new owners are not now proceeding with the cinema proposals.

We have been helping overseas owners of a golf hotel in Surrey to explore the commercial implications of different development concepts as a basis for future growth. The preferred concept will be one that matches product (spa, golf, outdoor enjoyment of the estate, and accommodation style) and market positioning (family, adult, members only – mid market, up-market, luxury) with anticipated trends in consumer preferences and target markets for the specific location.

With our associates Bridget Baker Consulting, we prepared preliminary financial models to help understand the investment potential of each tested concept, which, when set alongside design ideas and images from the project architect will lead, it is hoped, to a decision by the owners on the preferred way forward.

We were asked to carry out an appraisal of plans for the development of high quality holiday cottages at a site in the Eden District of Cumbria in the Lake District. In particular, we were asked to advise on:

1)      Likely rents

2)      Likely occupancy rates

3)      Commentary on unit sizes and numbers of bedrooms

4)      Facilities to be offered on site

5)      Likely costs of management (having an on-site manager); and running costs generally. Read the rest of this entry »

 

 

We worked with Aecom on a Warranted Investment Appraisal of a proposed indoor golf arena in Holland. The design is in the shape of a golf club driver. A hotel, club facilities, retail and dining are located at the shaft end of the driver. Read the rest of this entry »

 

We assisted South Bucks District Council to evaluate the business case for the construction of a new golf clubhouse at Farnham Park Golf Course. The alternative would be to repair and refurbish the existing clubhouse. Read the rest of this entry »

We were commissioned by PKF to advise on the likely viability in the UK of a unique surfing concept based around an artificial wave in a small pool.

The pools are a magnet to create a lively entertainment venue attracting a wider range of customers than just the boarding community, which itself could be attracted across all disciplines – surfers, snowboarders, skateboarders, wakeboarders and windsurfers.   

Boarders must learn to handle 100,000 gallons of water coming at them as fast as 30 mph. Integral to the design are event areas located around the wave pools providing spaces for live performances and private parties. The keys to success with the concept are plenty of spectator room with food and beverages, and locating the attractions in an area where patrons are likely to spend a lot of money on retail and food.

We worked with Bridget Baker Consulting to assess the viability of proposals for a Sports Village in the

Derbyshire Peak District of England.  

The concept takes something from Center Parcs, something from theme parks and something from waterparks. Read the rest of this entry »