Chapel Sands Caravan Park, Trunch Lane, Chapel St. Leonards, Skegness, PE24 5TU
- SIZE
Ask agent
- SECTOR
Campsite holiday village for sale
Key features
- Popular coastal holiday location
- 3.22 acre freehold site
- 48 holiday static caravan pitches
- 18 residential bungalows and lodges
- Pitch fee and rental income of £181,715 p.a.
- 14 static caravan sales opportunities
- Christie & Co Ref: 4290051
Description
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 OpportunityThe 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.
Trading InformationAbbreviated 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
RegulatorySite licence valid from 15th March to 31 October.
Energy Performance Certificates
EPC 1Brochures
Chapel Sands Caravan Park, Trunch Lane, Chapel St. Leonards, Skegness, PE24 5TU
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Skegness Station4.9 miles
Notes
Disclaimer - Property reference 4290051-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Retail. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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