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Gildenburgh and Dosthill up for sale
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British inland diving sites Gildenburgh Water and Dosthill Quarry have been put up for sale.
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Their owner, Ian Forster, has developed the business for the past 23 years with his wife Pauline. Now he has decided to retire - or, as he told Diver, to 'semi-retire, if there's a role we can play in the future'.
Forster's view is that the sites - Gildenburgh in particular - are ready for development as leisure complexes, at a level beyond the capability of his family-based company. His business freeholds and operations are on the market at£2.95 million.
'The time is right to sell,' Forster told Diver. But he expects diving to remain a key part of the sites' futures - and doesn't rule out the possibility of continuing to oversee diving operations in association with a new owner.
 the Dosthill dive site |
The sites are being marketed across a broad business spectrum. 'Diving is following general leisure-industry patterns,' said Forster. 'This means that, in addition to a core diving facility, people are going to expect well-developed food and drink services, accommodation for residential courses, activities for non-divers, and entertainment.
'I see the likely buyer as being a plc already linked with park developments and associated health and leisure activities. So it is very likely that such a company would be keen to continue the expansion of scuba activities at the sites, along with other developments.'
A full statement by the company, detailing its holdings and likely scenarios for the future, can be seen on www.divein.co.uk/business-sale.htm |
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