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OTHER CENTRE SITES SELECTION



                  With the aim of building a minimum of five Centres in the coming five years, HG&L has
                  been  prospecting  locations,  where sufficient  land may  be  available. Cities  with sites
                  identified and currently being considered, in addition to Newcastle, are North and West
                  London,  Crawley,  Southampton,  Milton  Keynes,  Reading,  Bristol,  Cardiff,  Leicester,
                  Nottingham, Sheffield, and Edinburgh.

                  The criteria for selection are:

                  •  The land is either privately or local authority owned, the latter as a number of LAs have
                    undeveloped land, even in some cases an under-performing golf course, which they
                    are seeking to redevelop. To satisfy planning requirements and their local community,
                    they  need  to  continue  previous  sporting,  leisure  and  community  benefit  activities,
                    albeit on a small portion of the land they wish to redevelop, A Hot Shots Centre ticks
                    many of the boxes they have to take into account.

                  •  Great transport access, although primarily by car for visitors coming from up to 15
                    miles away – a 30 to 45 minutes drive.

                  •  A catchment area within excess of 800k population.

                  •  Either  freehold  or  long  leasehold  and,  if  the  latter,  acquired  at  a  premium  with  a
                    nominal rent or at a rack rent fixed as a percentage of revenue.

                  •  As with Newcastle, there is significant advantage for a Centre to be located on or
                    immediately adjacent to an operating golf course. The Centre can provide the club
                    house facilities, pro-shop, academy and hospitality, all on an improved scale to that
                    which some clubs with falling membership are finding ever more difficult to provide.
                    For visitors  to  the  Centre  they  can  graduate  from  the  range  to  the  course  and  be
                    exposed to the pleasures and challenges of golf.

                  •  With  an  eye  to  the  long  term,  the  possibility  of  Centre  land,  over  20  to  50  years,
                    becoming suitable for alternative use with a land value greater than it has as a golf
                    range should not be ignored – essentially land banking while a profitable business
                    pursued on it.





















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