the FEDDINCH club

ST ANDREWS • FIFE • KY16 8NR

A RARE OPPORTUNITY TO ACQUIRE A FREEHOLD GOLF DEVELOPMENT SITE IN SAINT ANDREWS the PROPERTY

THE PROPERTY IS LOCATED IN AN ELEVATED POSITION TOWARDS THE SOUTH WEST OF AND CURRENTLY COMPRISES A SUBSTANTIAL PARCEL OF LAND WHICH EXTENDS TO APPROXIMATELY 241 ACRES OF FORMER 3:1 ARABLE CROP LAND, TOGETHER WITH A SEMI-DERELICT FARMHOUSE. • ST ANDREWS – 2 MILES EDINBURGH – 46 MILES • PLANNING PERMISSION TO CREATE A NEW 18-HOLE GOLF COURSE, CLUBHOUSE AND 41 BEDROOM HOTEL. • POTENTIAL FOR OTHER USES INCLUDES COTTAGES/CONDOS (SUBJECT TO PLANNING) • 240.9 ACRES (97.5 HA)

THE FEDDINCH CLUB • ST ANDREWS • FIFE • KY16 8NR FEDDINCH w

the OPPORTUNITY LAYOUT • Renowned architect Tom Weiskopf’s par 72, 7,373 yard layout is planned to include 73 bunkers and double greens for the ninth and eighteenth holes • AS CURRENTLY PLANNED, THE COURSE IS TO OPERATE that are positioned directly in front of the clubhouse. AS A PRIVATE MEMBERS CLUB. • Planned 60,000 sq ft clubhouse with dining, lockers, and 41 bedrooms IT IS NOTABLE THAT THERE ISN’T A PRIVATE MEMBERS • Potential development land for up to 20 4 bedroom cottages/condos CLUB IN THE AREA. AN OWNER WOULD HAVE THE • UNIQUE OPPORTUNITY TO DRIVE INTERNATIONAL MEMBERSHIP SALES THROUGH THE ICONIC PLANNING BRAND RECOGNITION OF ST. ANDREWS. Outline planning permission under reference 03/03525/EEIA has been granted to develop a private golf course (incorporating ponds and wetlands), erect clubhouse with 41 two bedroom suites and greenkeepers store, demolish existing steading and form vehicle access/car parking. The permission was granted 23rd December 2004, and there is a number of subsequent permissions and variations, primarily relating to matters such as machinery sheds, siting of plant and utilities and general works. The development of the clubhouse was granted a specific full planning permission under 16/00127/FULL, which was a renewal of permission 11/06378/FULL and granted permission for the erection of a golf clubhouse (incorporating 41 bedrooms and shop) and demolition of farm, steading buildings and construction of car park remodelling and renewable energy plant. This permission has expired. The clubhouse development, unlike the wider course works, has not commenced. Therefore, the permission will need to be renewed, but is expected to be granted.

SITE BORDER SHOWN FOR INDICATIVE PURPOSES ONLY.

THE FEDDINCH CLUB • ST ANDREWS • FIFE • KY16 8NR FEDDINCH SAINT ANDREWS

ST ANDREWS IS FAMOUS FOR BEING THE HOME OF GOLF AND THE BIRTHPLACE OF THE SPORT. ITS SEVEN PUBLICLY OWNED COURSES (INVESTED IN AND RUN BY THE TRUST) MAKE IT A MECCA FOR GOLFERS ACROSS THE WORLD.

They are drawn to the Old course, which dates back to before 1674 Its historic and has almost a mythical status in the game. In addition to the clubhouse renowned Old course is the New Course (1895), the sits behind (1993), Eden course (1914), Jubilee course (1897) and the Castle course the first tee (2008) and the 9-hole Balgove course (1972). In addition, there is the of the Old Course, Kingsbarns course, located around 5 mile s south of the town which creating a stunning opened in 2000 and is highly rated and hosts a number of national backdrop. and international championships. According to St Andrews This draws golfers from across the world, not only to play the Partnership, and Bid St Andrews, renowned courses, but mindful that tee times can be golf accounts for 20% of all tourist trade in the area, which secured without being compromised by the demands is estimated to be worth around £110m per annum. Of this, of an existing membership. Across the seven courses, £50m is generated from ‘high value’ tourism, in other words, around 230,000 rounds per annum are played, from the golfing operations. Incoming visitors are predominantly with 45,000 on the Old Course alone (St Andrews from overseas, rather than domestic. Around 14% originate Tourism Monitor). from the US and 17% from the EU St Andrews is also home to the Royal and Ancient, The area is notable for the number of US inbound visitors, which until recent years, the governing body of the is driven by the golf offer. Research by Visit Scotland 2016 indicates sport, a role it had fulfilled for hundreds of years that the Fife area is a key destination for golfers, with 52% of those and making it the oldest golf club in the world. polled stating it was their primary reason for their visit – The Royal and Ancient is now a private club “having always wanted to play the home of golf”. (the governorship of the sport sitting in the USGA

and R&A – a separate entity).

THE FEDDINCH CLUB • ST ANDREWS • FIFE • KY16 8NR FEDDINCH SAINT 2 1 3 ANDREWS 4 6 5 7 1 St Andrews Beach 7 University Library

2 St Rules Tower 8 Hotel du Vin

3 9 Aquarium (ruins) 8 10 The Seafood Ristorante 4 (ruins) 11 The Martyrs Memorial

5 Wardlaw Museum 12 Hamilton Grand Hotel

6 9 12 11

10

THE FEDDINCH CLUB • ST ANDREWS • FIFE • KY16 8NR FEDDINCH A9 A92 DUNDEE Carnoustie

A90 further A92 PERTH A85 A90 A85 M90 A92 Crieff INFORMATION A91 ST ANDREWS

A9 Cupar

A917 Gleneagles M90 Auchtermuchty A91 PRICE the FEDDINCH A92 A915club A917 A91 Offers will be considered.

Anstruther

A9 TENURE A91 Leven A917 Pienweem

A92 St Monans Freehold. M90 Methill A915 A91

STIRLING Use the link below to review more data on the asset:

ALLOA KIRKALDY

COWDENBEATH

M9 DUNFERMLINE A985 M90 M876 Kinghorn M80 A985 No h Brewick FINANCE M876 A198 Queensferry FALKIRK M9 Colliers International is able to assist prospective purchasers M9 M80 A90 A1 M90 by introducing sources of finance if required. Whilst we do A1 Haddington not charge the buyer for this service, we may receive an M8 EDINBURGH Bathgate M8 Blackridge introductory commission from the lender or broker involved. A71 LIVINGSTON A7 TO VIEW

Gorebridge A68 M8 A702 A71 A701 All appointments to view MUST be made through the vendor’s A73 agents who are acting with sole selling rights. Strictly no direct approaches to the vendors please. CONTACTA71 A68

EMEA US Colliers International gives notice that these particulars are set out as a general outline only for the guidance of intending purchasers and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending purchaser should JOHN RUSHBY KEITH CUBBA not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness HEAD OF SPECIALIST LEISURE SENIOR VICE PRESIDENT of each of them. No person in the employment of Colliers International has any authority to make any representation or warranty whatsoever NATIONAL DIRECTOR GOLF GROUP in relation to this property. (October 2020). D +44 7717 341800 Colliers International is the licensed trading name of Colliers International Property Advisors LLP which D +1 702 375 0809 is a limited liability partnership registered in England and Wales with registered number OC385143. M +44 121 265 7618 Our registered address is at 50 George Street, London, W1U 7GA. M [email protected] E [email protected]

THE FEDDINCH CLUB • ST ANDREWS • FIFE • KY16 8NR FEDDINCH