Licensed for 117 Touring Caravans/tents & 16 static caravans plus Warden’s residential double unit
• Excellent amenity complex, modern shower block, laundry, shop & self-contained residential accommodation
• Heated outdoor swimming pool & paddling pool in terrace
• Excellent reputation with ample repeat business - overall turnover c. £500,000 p.a.
BUSINESS:
An established mixed static holiday touring caravan & camping park. The Business operates on a very consistent level of trading and the 2009 tariff for touring caravans ranged from between £12 (in low season) to £30 (in peak season). Additional charges are levied for extra persons, pets, cars, tents/awnings etc. Also, up to 25 seasonal touring pitches are made available by arrangement at a charge of £1,100 p.a. inclusive. In addition, a winter charge is levied at £150 per unit. The tariff for static caravans ranges from £150 per week low season to £425 in peak season.
LOCATION:
Perran Quay near Newquay
YEARS ESTABLISHED:
Long established. Owned by current proprietors since late 1990’s.
TRADE:
The draft Profit & Loss Account for the year ended 30/09/2009 show a turnover of £496,544, with a gross profit of 75.1%. For the previous year (to 30/09/2008) the turnover was £482,541 with a G.P. of 74.1%
The net profit for the year ended 30/09/2009 shows a reconstituted net profit in excess of £135,000 (after finance costs and depreciation have been added back).
Full Profit & Loss Accounts / Management Information will be made available to a seriously interested purchaser, following a formal viewing appointment.
Please note that if a business is VAT registered, all figures exclude VAT.
REASON FOR SALE:
Retirement sale
STAFF:
Varying dependent upon time of year.
SUPPORT AND TRAINING:
Reasonable handover period will be available if required.
DESCRIPTION OF PROPERTY AND ACCOMMODATION:
The site extends to approximately 7.5 acres of virtually level land; the Park benefits from Permanent Planning Consent and a Site Licence for 135 units, comprising 117 touring caravans/tents/motor homes & 16 static Hirefleet together with a twin pitch for Warden’s/owner’s accommodation.
The Park has benefited from considerable capital investment over recent years which has seen the development of an excellent amenity complex, including a fully licensed Bar and Restaurant (12 months), with Lounge Bar & Family Room, Reception/Office, Manager’s Apartment, together with heated Swimming Pool Terrace. The Bar & Restaurant are open to non-residents all year and are well frequented, being highly visible from the main Redruth to Newquay road adjoining (A3075).
The Touring Park has been arranged in 6 main enclosures served by and linked by a good range of site roads. There is a Shower/Toilet Block centrally located within the park and also a Children’s Play Area.
Note:
Where items of equipment and appliances are mentioned, no warranty is given or implied as to their operational condition.
PRIVATE ACCOMMODATION:
There is a Site Operators Apartment which enjoys delightful views to the North Cornish Coast, accessed from main entrance. Planning Permission exists to extend the owner’s accommodation to virtually double the size if required. There is a Bungalow near the Park entrance. This is currently let on an Assured Short-hold Tenancy. In addition there is a secluded twin unit for warden/owners accommodation.
TENURE:
Freehold
LEGAL FEES:
Vendors and Buyers each to meet their own legal costs.
LOCAL AUTHORITY:
Cornwall County Council
SERVICES:
Mains water and mains electricity to the site. There are 97 electric hook-ups. Septic tank drainage upgraded 2007/2008.
COMMENTS:
Considered an excellent opportunity for a dual family ownership / partnership to acquire a highly lucrative ‘Lifestyle’ going-concern business in a delightful rural, yet convenient, location in Cornwall.
VALUE OF STOCK:
Bar & Restaurant wet and dry stock to be taken at valuation on completion.
Contact: Adams & Co
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