Advert Details
Holiday Home and Caravan Park with Four Bed For Sale
Seller ref: AC230
Advert ID: 900043
North West Lincolnshire, Lincolnshire, United Kingdom

Financials
Asking price:£1,250,000
Sales revenue:£117,000
Net profit:£20,000
Business description
Holiday Home and Caravan Park with Four Bed Detached Living Accommodation

An excellent opportunity has arisen to aquire a peacefull and attractive holiday home business which has six fully furnished cottages, twenty four pitches for static caravans and a four bedroom detached family residence together with 11.5 acres of prime land, 6.5 acres of which are ready for development. The land could be developed into a touring caravan park, used as further pitches for static caravans or other alternative development

Established in 2004, the business has continually evolved with the owners investing heavily on improving the facilities and landscaping of the site. They now offer their clients peace and tranquility in a rural location all year round with woodland nearby and a private fishing lake on site.

The holiday cottages are fully furnished to a high standard. Four are converted from a 19th century barn, with two other detached cottages. All the holiday cottages are situated around a pretty courtyard with covered BBQ area and patio.

There are twenty four pitches available for siting of static caravans with fourteen on yearly rent at present. Each pitch has a mains sewer connection with LPG gas and 32amp electric. The caravan park is open all year round although permanent occupancy is not allowed.

The family house is a stone built, country style, four bedroom detached residence with a large attractive fully fitted open plan kitchen, lounge/dining room, conservatory and annexe plus a downstairs bathroom. Upstairs there are four double bedrooms, one en suite, and there is a second bathroom plus a mezzanine floor which acts as a spare room. There is a private garden outside with adjoining fruit orchard and at the rear of the house there is an allotment. The private garden area is circa 1 acre.

This is a great opportunity for a family to invest in a lifestyle business in wonderfull surroundings and with tremendous opportunities to grow the business in the coming years. It would also be a solid investment for a company with multi park interests to take on and develop a reasonably young but established site and realise its potential to the full.

Equipment:

All the permanent fixtures and fittings within the caravan park are included in the price of the business, as are the furnishings within the holiday cottages.

Customer Service:

The holiday cottages can be rented on an overnight, mid-week, weekend or short term letting basis. There are different sizes of cottage sleeping from two people up to 8/10 people. They are furnished and equipped to a very high standard with electric central heating, tv, video, fully fitted kitchen with electric oven, microwave and fridge. There is a shared laundry room with washing machine & tumble dryer and a broadband connection. Each cottage provides their guest with a welcome pack an have a single pet welcome policy. Charges vary from £45 per person per night up to £85 per person including breakfast pack with a weekly rental charge from £280 per cottage.

The static caravan pitches have a one off siting fee of £2,610 and a yearly rental of £1,390. The park is open all year round and runs a 28 day ruling policy with no permanent occupancy. Each pitch has a mains sewerage connection and each caravan runs on LPG gas bottles and 32 amp electric.

Key Strengths:

The business is now well established having good facilities and regular income from both caravan site rentals and regular cottage rentals. The cottages have become a popular resting place for a number of commercial contractors who return on a regular basis taking short and medium term rentals. They are attracted by the quality and standard of the accommodation with a very high standard of fixtures, fittings and equipment

The family house is beautifully appointed and is ready to move into immediately with no repairs or refurbishment necessary. Outside there is a private garden with lawn and an adjoining fruit orchard with apple, pear and cherry trees. The total area of the private land adjoining the house is circa 1 acre.

This is a wonderfully peaceful and tranquil location with woodland, a fishing lake and nearby walks. The holiday park tends to attract a middle age clientele and is available to visit all year round with Christmas and New Year a busy period.

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Turnover is circa £117,000 per annum with Gross Profits of circa £51,000 .

The cottages, caravan park and land (10.5 acres) were recently valued at £600,000 with the four bedroom family detached house and land(1 acre) valued at £500,000.
General information
Years established:2004
Employees:The business is run by a husband and wife team with the help of their children
Property
Freehold
Expansion potential
The owners have invested heavily in the cottages and caravan park. They believe there is great potential to expand on the existing base of this business. This includes planning permission for a touring operation which as yet the owners have not yet acted upon. As turnover continues to grow there are opportunities for new owners, prepared to put the time and effort in, to make this well established business more profitable. There are 10 static caravan pitches still available for rental which would bring extra revenue into the business. The business also has another 6.5 acres of land which could be used for further development. The family house has four bedrooms and could be used for Bed & Breakfast if the full accommodation is not required.
Competition / Market
The company has a fully functional website but relies on word of mouth recommendations or referrals. The owners have considered adverting in caravan magazines and county life magazines which is an area which could bring in extra revenue.
Support & training
The owners are prepared to help in any way possible to achieve a smooth take over.
Reasons for selling
The owners has built the business up from scratch over the past five years and would like to move on to pastures new.
To find a professional adviser, click here
The Times / Sunday Times / TimesOnline is not able to review or vet any of the opportunities or services offered on these pages. We recommend that, where appropriate, legal advice should be taken, and, in particular, any monies should be held by your solicitor, until any relevant transactions are carried out to your full satisfaction.