Chapel Sands Caravan Park, Trunch Lane, Chapel St. Leonards, Skegness, Lincolnshire, PE24 5TU

We are instructed to offer for sale the freehold interest in Chapel Sands Caravan Park (formerly known as Benevenute Caravan Park), a long-established mixed holiday and residential park. Chapel Sands occupies a central position on Trunch Lane, which lies on the southern edge of the popular seaside resort village of Chapel St. Leonards and accommodates many holiday parks within the vicinity. Trunch Lane connects to the Promenade on the seafront and is situated approximately 0.3 miles from the beach.

The business generates income from holiday caravan pitch fees, together with rent generated from the residential bungalows and lodges, which are let on assured shorthold tenancy agreements.

The business sits on a 3.22 acre site and is currently developed to accommodate 48 holiday static caravan pitches and 18 residential chalets.

Chapel Sands Caravan Park occupies an established position on Trunch Lane which accommodates a number of bars and eateries for holiday home owners and residents to benefit from. The popular seaside resort town of Skegness lies approximately five miles to the south which has numerous demand drivers including Skegness Beach and Pier, as well as Pleasure Beach Fairground and Fantasy Island, a popular visitor attraction and theme park which is situated approximately two miles south in Ingoldmells.

The present owners acquired the park in 2014 and have invested significant capital over the years in improving the units to meet EPC regulations. They have redeveloped some of the older, smaller holiday pitches into larger pitches that are able to accommodate today’s modern size caravans, up to 40ft.

The holiday element of the park trades in line with the site licence which runs from 15th March to 31 October.

Over recent times our client has pursued other business interests and have had limited direct involvement with the park and therefore there is scope to push the sales side of the business going forward and develop an online presence.

There is a park warden on site who is employed. He resides in Bungalow 14 and his weekly duties included grass cutting, strimming and general maintenance. The warden will transfer with the business under TUPE rules.

Abbreviated financial information will be provided to interested parties, however the park is operated as part of a larger group of businesses and therefore there are no specific formal profit and loss accounts available for the park in isolation.

As you would expect the majority of the income is reflective of the residential rental income and holiday pitch fees.

The park provides an incoming purchaser with multiple immediate sales opportunities from the vacant holiday pitches.

Rateable Value: £22,700

Site licence valid from 15th March to 31 October.