Chartered Surveyors and Business Property Specialists
Graham Timmins Head of Business Transfer View Profile

Contact us about this property

Call: 01872 247019
Email: gt@miller-commercial.co.uk

To Let
1 of 7

Newquay Valley Holidays, Porth, Newquay

Leisure to let

£249,000

Leasehold

A rare opportunity to acquire an owners letting and management Leisure business situated on a well known holiday park in Porth, a few miles from Newquay. Comprising owners Holiday Home, 3 owned and 7 (for 2019 season) let units. Turnover of £180k, with a net profit of c. £50k per annum.

  • OWNED (3) / MANAGED (7) LETTING LEISURE BUSINESS
  • LOCATED WITHIN HOLIDAY PARK
  • CLOSE TO PORTH AND NEWQUAY BEACHES
  • EPC – EXEMPT
  • OWNERS 40′ x 20′ HOLIDAY HOME (12 MONTH HOLIDAY USE)
  • T/O £180K PA, PROFIT £50K PA

Property Brochure PDF Location Map

Location

Our clients owned and managed properties are located within Newquay View Resort, a picturesque valley setting close to the beach at Porth and of course the internationally acclaimed surfing beaches and town of Newquay. We are advised the beach at Porth is approximately a 10 to 15 minute walk and Newquay town centre is several miles distant. Further information regarding the overall site in terms of facilities can be seen at www.peterbullresorts.co.uk
ewquay-view-resort.

In summary, this is an excellent location for families who want to be within striking distance of several beaches and yet be within a well facilitated site and a beautiful valley setting.

The Business

We understand the site has been in operation since the 1950’s, is a privately owned enterprise and has recently been subject to a change in ownership. Our clients have owned their own letting business for the past 3 years and are now selling due to retirement.

The business comprises the sale of the owners accommodation, 3 letting caravans , and the management of 7 other owners letting units.

We understand all the properties have all year round usage, as holiday homes. Typical agreements are for 20 years and are on a rolling annual basis thereafter.

We are advised the turnover for the year end December 2018 showed sales of £180,00, which after all expenses produced a Net Profit to the clients of £50,000. . Further Accounting information will be made available to interested parties from the clients.

For further information regarding our clients business please see their website : www.newquayvalley.co.uk

The Properties

Owners Accommodation (or Letting)

No 32 : 2015 Willerby Clearwater Holiday Home (advised 40′ x 20′). Internal measurement of the open plan lounge, kitchen and dining area of 5.95m x 7.57m. Windows to several elevations overlooking the park and the valley beyond. Fitted kitchen with complimentary base and wall units. Gas fire. Subject to 12 month Holiday Use.

BEDROOM 1 : Double, window to side, en-suite shower. Walk in wardrobe.

BEDROOM 2 : Double (currently used as office), window to side. Walk in wardrobe.

BATHROOM : Bath with shower over, low level wc and wash hand basin.

OUTSIDE : Decked veranda and use of grassed area that abuts other units.

Owned Units (letting)

We are advised the letting units carry an annual Service Charge which runs from end Jan (2018 – 2019) and which covers use of on site facilities and general grounds maintenance of £3200 pa (we are advised this has been paid in advance by our clients for the current year for all 3 units).

3 Units in total, including 32 Clearwater Lodge, 164 a Swift Burgundy and 173 a Willerby Shoreline.

Managed Units

Units 22 / 37 / 71 – 2 bed, sleep 6
Units 165 / 113 , sleep 8
Units 164 / 35, sleep 8 with sun decks

Rental Agreement

Copy available upon request.

General Information

LOCAL AUTHORITY
Cornwall Council
General Enquiries 0300-1234-100
Planning 0300-1234-151
www.cornwall.gov.uk

Energy Performance Certificate

Exempt

Inventory

An Inventory of all loose chattels and equipment, free of any lease/lien, to be included within the sale will be supplied by Miller Commercial prior to exchange of Contracts.

Services

Provided by the Park.

Value Added Tax

All the above prices/rentals are quoted exclusive of VAT, where applicable.

Finance

If you require advice regarding the Financing of a Business, at no initial cost, please contact us on the number below.

Contact Information

For further information or an appointment to view please contact:-

Graham Timmins on 01872 247019 or via email gt@miller-commercial.co.uk

PLANS: Plans and maps reproduced under Ordnance Survey Licence No LIG1179. Not to scale and for identification of the property only. They are not intended to show actual site boundaries and not guaranteed to be accurate.

AGENTS NOTE: Miller Commercial for themselves and for the Vendor/s or lessor/s of this property give notice: [a] These particulars are for an intending purchaser or tenant and although they are believed to be correct their accuracy is not guaranteed and any error or misdescriptions shall not annul the sale or be grounds on which compensation may be claimed and neither do they constitute any part of a Contract: [b] Any intending purchaser or tenant must satisfy him/herself by inspection or other wise as to the correctness of each of the statements contained in these particulars; [c] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [d] None of the services or appliances, plumbing, heating or electrical installations have been tested by the selling agent.

Miller Commercial is the trading name of Miller Commercial LLP registered in England and Wales under Registration No.OC373087. The Registered Office of Miller Commercial LLP is Mansion House, Princes Street, Truro TR1 2RF. We use the term Partner to refer to a member of Miller Commercial LLP. VAT Registration No.643 4519 39.

VIEWING: Strictly by prior appointment through Miller Commercial.

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Graham Timmins Head of Business Transfer View Profile

Contact us about this property

Call: 01872 247019
Email: gt@miller-commercial.co.uk

Property Brochure PDF