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LEASE ASSIGNMENT - WHEAL RODNEY HOLIDAY PARK
Offers are sought for the lease in the sum of £110,000 |
Unique opportunity to acquire long established holiday park with a mixture of lodges, tent touring pitches
and residential bungalows in quiet rural location
LOCATION:
The park is situated just a mile from the popular holiday town of Marazion. The seaside town has a prominent position on the shores of Mounts Bay overlooking St Michael’s Mount. Situated within the former Penwith District Council in close proximity to Penzance, Marazion is a popular tourist destination with large sandy beaches, offering windsurfing and kitesurfing opportunities, and views stretching from the Lizard Peninsula across towards Lands End. St Michael’s Mount and the castle can be accessed by way of a causeway, revealed at low tide, or alternatively by small boats from Marazion itself.
Penzance lies at the western end of the Cornish peninsula facing on to Mount’s Bay on the south coast of Cornwall. The town has a resident population of approximately 20,000 persons, which increases considerably during the summer months due to the popularity of the area as a tourist destination. Penzance is the principal retailing centre in the district of Penwith and is a relatively busy commercial centre accommodating Cornwall Council offices and Magistrates Courts. Communications are good with a direct link on to the A30 which forms the arterial road into and out of the County, linking with the M5 at Exeter. The town also has an Intercity Railway station providing a regular service to Paddington, London.
PROPERTY/BUSINESS:
The holiday park has been run as a family business for many years and provides specious 4 bedroom owners bungalow, central leisure complex providing swimming pool, changing facilities and shop along with a variety of accommodation including 10 lodges, license for 45 tent touring pitches and 21 residential homes situated in a quiet cul-de-sac adjoining the main site. Wheal Rodney is an AA – accredited three-pennant site immaculately maintained with outstanding rural views but nevertheless in walking distance to Marazion. The business has receipts in excess of £275,000. The property is sold as a going concern with a full inventory of fixtures, fittings and equipment.
ACCOMMODATION: (All dimensions and areas are approximate)
Private residence
The bungalow is situated within the heart of the site with established front and rear garden, rural views and converted loft. The accommodation comprises:
Ground Floor
Main entrance off front garden leads to hallway and stairwell.
Lounge
6.3m x 3.7m Large bay window overlooking front garden and main reception. Feature fire place incorporating an electric fire.
Kitchen
3.6m x 4.1m Well fitted with wall and base units, LPG range cooker and stainless steel sink unit.
Utility room
3.2m x 3.4m Glazed conservatory style room with outlook over rear garden.
Laundry room (previously dining room)
3.6m x 3.0m Conservatory style room with aspect over front garden and reception.
Toilet
WC/wash hand basin.
Bathroom
WC/wash hand basin/bath.
Bedroom 1
4.2m x 3.7m Fitted wardrobes with good natural light and vanity sink unit.
Bedroom 2
3.6m x 3.1m Built in cupboard.
Bedroom 3
2.7m x 4.0m
Former reception/office
3.6m x 2.0m Could potentially to be converted to make en suite bathroom subject to landlord’s consent and appropriate reg approvals.
First Floor
Bedroom
6.5m x 3.0m Glazed door provides rural views. Feature sloping roof beams.
Leisure complex
Shop/reception
3.3m x 7.3m Well stocked shop with glazed frontage overlooking the park.
Site laundry/wash up
3.1m x 3.6m Well fitted laundry room with washing machines, driers and wash up areas.
Ladies toilet/shower facilities
9.1m x 3.0m 3 character wash hand basins, 4 WC’s, 2 shower cubicles and hair drying facilities.
Gents toilet/shower facilities
4.2m x 3.0m Well fitted facility including 3 urinals, 3 WC’s, 3 wash hand basins and 3 shower cubicles.
Swimming pool area
16.4m x 9.2m The pool itself is max 13.7m length and average 5.7m width heated by means of new heat exchange system.
Ladies swimming pool changing area
3.1m x 1.5m Changing room with separate shower cubicle.
along with 3.2m x 3.2m
Gents swimming pool changing area
3.1m x 3.1m One shower cubicle and changing area.
Ancillary stores/plant rooms
The building comprises numerous stores for laundry facilities, swimming pool plant room, main hot water boiler plant room and ancillary stores.
Lodges
Lodges 1-4
Terrace of 4 chalets, each 8.5m x 3.6m GIA. The accommodation comprises lounge/kitchen, fully fitted with cooker, fridge and cooking utensils, bathroom incorporating shower cubicle and one double bedroom.
Lodges 5-10
Units 5, 6 and 7 are a terrace of three while 8, 9 and 10 are detached units. 7.1m x 6.0m GIA. The accommodation comprises lounge/kitchen, fully fitted with cooker, fridge and cooking utensils, bathroom incorporating shower cubicle, one double bedroom and one twin bedroom.
The units are traditional build of concrete block walls, with pebble dash finish, under dual pitched tile clad roof.
Tent/touring pitches
There are grassed areas throughout the site. Although there is site license for 45 units nevertheless there are 32 pitches presently used of which 12 have electric hookups.
Residential homes
There are 21 units located within the site in a quiet mature cul-de-sac. Ground rents are approaching £24 per week.
Ancillary buildings
There are a number of ancillary buildings including large garden storage shed scattered around the site.
TENURE:
The property is occupied under a new 10 year lease commencing 1st November 2015. The tenant is responsible for the full repair and decoration of the premises subject to a schedule of condition whilst the rent, payable quarterly in advance, is £45,000 per annum. Included in the lease is an inventory of goods.
SALE PRICE:
The business is offered as a going concern enterprise, including all fixtures and fittings and subject to an agreed inventory of equipment, at an asking price of £110,000 – stock at valuation.
BUSINESS RATES:
We refer to the valuation office website www.voa.gov.uk or call 0300 1234 171.
VAT:
Figures are quoted exclusive of VAT where applicable.
LEGAL FEES:
The purchaser to be responsible for the tenants reasonable legal fees in dealing with the transaction.
SERVICES:
We have not tested the services connected to the premises and the ingoing tenant/purchaser should carry out their own inspections.
PLANNING:
Interested parties should make their own enquiries with Cornwall Council Planning Department to satisfy themselves that consent exists for the proposed use.
ENERGY PERFORMANCE CERTIFICATE - TBA
VIEWING:
Strictly by appointment with Sole Agent Charterwood on (01872) 261216. Contact Chris Waters or Jo Counter.
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