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Peter Heather Partner View Profile

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Call: 01872 247007
Email: pgh@miller-commercial.co.uk

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SOLD - Dairyland Farm World, Tresillian Barton, Newquay, Cornwall

Leisure for sale

£2,000,000 Offers over

Freehold

Dairyland Farm World is a national award winning farm Park.

Dairyland Farm World is situated just 2 miles south of the A30 on the A3058, with Newquay approximately 5 miles to the north. Newquay is Cornwall's premier tourist destination famed for its numerous surfing opportunities and sandy beaches.

  • WELL APPOINTED OFF A30
  • 60 ACRES
  • EXPANSION & OPPORTUNITY
  • INVESTMENT IN TOURISM OFFER POSSIBLE
  • DEVELOPMENT OF REDUNDANT BUILDINGS AVAILABLE
  • RETIREMENT SALE
  • ONE OF CORNWALL’S GOLDEN NUGGETS

Property Brochure PDF Location Map

Location

Dairyland Farm World is situated just 2 miles south of the A30 on the A3058, with Newquay approximately 5 miles to the north. The A30 is the principal trunk road within the county linking all the major towns. Newquay is Cornwall’s premier tourist destination famed for its numerous surfing opportunities and sandy beaches. Newquay also benefits from its own airport, with links to London and beyond.

Description

Opened in 1975, Dairyland Farm World Limited was the brainchild of the late Mr Rex Davey who combined an agricultural farming memorabilia collection together with the opening of a new rotary milking parlour and viewing gallery, thus creating one of the first, if not the first, farm diversification tourist attractions in the country. Over the last 40+ years, Dairyland has grown into a national award winning farm Park.

This sale will give the new owners the opportunity to drive the attraction forward into a new era.

Site Approx 60 Acres

The majority of the commercial activity occurs on broadly level ground. The site is designed for tourism, incorporating a Cornish Heritage Museum, Nature Trail, the milking parlour, and the famous Bull Pen as well as a myriad of other attractions which are set out more fully within the appendices of accommodation.

Wind Turbine

This was installed on 4 December 2014, generating approximately 144,200 KWH per annum. The current FIT is 23.43p / KWH. (The agreement is subject to retail price index until 4 December 2034). All electricity produced by the Windmill is presently supplied to the National Grid and at present the company is paid a further 4.84p on contract through Solarplicity Ltd.

Borehole

Dairyland has a Water Abstraction Licence to abstract water of up to 11,615 m (2,555,000 gallons) per annum.

Solar Panels

Installed on 24 November 2015, FIT rate is 4.39 per KWH at present. (This agreement is subject to retail price index until 24th of November 2035). Electricity produced from this system is presently used on site as well as exported to the National Grid.

Attraction Facilities Include:

1. An assault course
2. Nature trails and hayride
3. Pat a pet hay barn
4. Paddocks and pony rides
5. Maize maze
6. Cannon Bull
7. The Bowgie, milk Clarabelle
8. Clarabelle’s Kitchen Cafe
9. The milking parlour
10. The Cornish Heritage Museum
11. The Bull Pen
12. Reception and shop

Accounting Information

Full accounting and other information is available upon request.
Turnover is:
2014 – £725,523 2015 – £859,885
2016 – £891,614 2017 – £893,219

Retirement Sale

Our clients have successfully run Dairyland Farm World for over 40 years and now intend to retire. Recent years have shown an increase in turnover. They anticipate the new purchaser will invest to expand the offer and opportunity and take advantage of the land and currently unused buildings. Adjusted net profits around £140,000 (after deducting all normal overheads).
A new owner may consider securing planning for more leisure activity such as camping, cottages, glamping, fishing lakes, or even an hotel; all in addition to the USP of the Dairyland concept.

Staffing

Details available upon request.

Price

Offers are sought over £2,000,000 and we anticipate the sale will progress as a going concern (TOGC).
We are advised that the property is not elected for VAT.
Staffing will be dealt with under TUPE.
Stock will be as at Valuation.

Legal Costs

Each party to bear their own.

Business Rates

We refer you to the government website https://www.tax.service.gov.uk/view-my-valuation/search which shows that the current rateable value is £49,000. To find out how much business rates will be payable there is a business rates estimator service via the website.

Value Added Tax

The above price is quoted exclusive of VAT, if applicable.

Energy Performance Certificate

The Energy Performance Rating for this property is within Band C for the Bull Pen with an actual score of 72, and for the remaining parts of the site requiring an EPC, a grade E with an actual score of 101, being the best possible score within this Band.

Contact Information

Peter Heather 01872 247007 pgh@miller-commercial.co.uk
Mike Nightingale 01872 247008 msn@miller-commercial.co.uk
Graham Timmins 01872 247019 gt@miller-commercial.co.uk
Paul Collins 01872 247029 pc@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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Peter Heather Partner View Profile

Contact us about this property

Call: 01872 247007
Email: pgh@miller-commercial.co.uk

Property Brochure PDF