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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

To Let
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Garrison Campsite, Garrison, Isles Of Scilly

Leisure to let

£1,025,000

Leasehold

The ONLY public CAMPSITE on the beautiful ISLAND of St Mary's. With LETTING COTTAGES and Owners Accommodation. This is living the Island Dream and a 'truly one of' way of lifestyle. Genuine Retirement Sale after 23 years.

  • CAMPSITE (WITH 10 ELECTRIC HOOK UPS)
  • SET WITHIN C. 6.87 ACRES OF MATURE GROUNDS
  • PERMISSION FOR 120 CAMPING
  • LETTING COTTAGES AND 5 BED OWNERS
  • REMAINDER OF LONG LEASE
  • RARE OPPORTUNITY WITH EBITDA OF C. £125K
  • EPC D65

Property Brochure PDF Location Map

Summary

CAMPSITE (WITH 10 ELECTRIC HOOK UPS)
SET WITHIN C. 6.87 ACRES OF MATURE GROUNDS
PERMISSION FOR 120 CAMPING
LETTING COTTAGES AND 5 BED OWNERS
REMAINDER OF LONG LEASE
RARE OPPORTUNITY WITH EBITDA OF C. £125K
EPC D65

Location

Garrison Campsite is as it’s name suggests is situated on the former military garrison, which is an elevated headland and as such has lovely far reaching views over the islands and is a short stroll down into St Mary’s. The Isles of Scilly are a collection of 140 islands, 5 of which are inhabited, approximately 25 miles of the Cornish coastline. The Island of St Mary’s is the largest and most populated and which is the location for the airport and passenger / freight ship.

The Isles of Scilly are very popular for visitors who come to enjoy the timeless beauty of the flora and fauna and the numerous beaches.

Properties

The site comprises an owners house (5 bedrooms) set within private grounds; 2/3 former Garrison properties, comprising The Tower and Greystones 1 and 2 and most latterly Cedar Cottage built c. 12 years ago. These are used for holiday letting and occasionally (The Tower) for staff.

In addition is the site Reception / Shop, several stores and 2 shower / laundry blocks.

Business

Method of Sale : Company Sale, Registration Number 02068373

we understand this campsite has traded since the 1950’s, has been in our clients tenure since 1997 and who are now selling due to retirement. The business trades from the End of March to the End of October and is run by our clients with up to 5 staff (4 full time equivalents in the peak season).

The business predominantly receives enquiries direct (accounting for 90%, with the remainder being online search portals). A major boon of the business is twofold Garrison is the only public campsite on the Island and does not have ‘walk ins’, all the customers are pre-booked as they are travelling via other means than their own transport, which operate during office hours.

The business is predominantly a campsite, with guests bringing their own equipment, although te clients do have 12 readi-tents (already erected and equipped for the guests) and in addition 10 electric hook ups for those requiring electric for wither a tent or a trailer tent.

There are up to 4 holiday letting cottages (typically 3 used, excluding The Tower).

The Trading Profit & Loss Account for the year end March 2019 show net Sales of £265,312, which produced an EBITDA of £124,650 after deducting all overheads. Full Accounts available upon request to interested parties.

For further information regarding the clients business see their website www.garrisonholidaysscilly.co.uk

Accommodation Comprises

All areas and dimensions are approximate)

FLOOR PLANS AVAILABLE UPON REQUEST

Owners Accommodation

TOWER COTTAGE

Ground Floor : Entrance Porch into Kitchen, with a 2 oven Rayburn (blue) which also heats the water, base and wall units and 5 ring gas cooker / oven; Dining Area, with feature fireplace and views over the garden.
Inner hallway giving leading to an Office; Utility; Bathroom ; Bedroom 5 and Lounge (with woodburner) and leading to Conservatory, both with views over the large garden.

First Floor : Bed 1 ; Double, en suite ; Bed 2 Single ; Bed 3 Double ; Bed 4 Double – some if FF rooms have beautiful far reaching views over the Island.

Gardens to 3 sides, offering much privacy.

Letting Cottages (staff)

CEDAR COTTAGE

Ground Floor : Entrance hallway; Kitchen / Dining room, door to rear to patio; ; Bathroom (bath / shower); Bed 1 Twin; Bed 2 Twin.

First Floor : Lounge, with large windows to the side overlooking the Island; Bed 3 Double, en suite shower.

Private gardens.

TOWER

A Grade 2 Listed tall structure, comprising 4 floors, with Shower room, Kitchen , Lounge and Bedroom (with balcony overlooking the Island ) on ascending floors.
NB – this property is typically used for staff, although it can be let also.

GREYSTONES 1 & 2

In a courtyard, with several outbuildings for tent / equipment storage.

Number 1 : (Sleeps 6) ; Lounge; Kitchen; Bed 1, double, Bed 2 Twin : Bathroom
Number 2 : (Sleeps 4) ; Kitchen; Lounge; Bathroom; Bed 1 , Double.

Campsite

We are advised the site extends to 2.78 hectares / 6.87 acres, this has not been measured by ourselves. The mature site has high hedge screening to protect from the prevailing winds and provide a sense of privacy. The site has space for c. 120 spaces, in addition the 10 electric hook ups, has two shower / ablution and wash up / laundry blocks and a Reception and Shop.

The 3 / 4 letting cottages are adjacent to the owners accommodation.

RECEPTION / SHOP : Retail Area, with price edged shelving, upright fridges and drinks chiller, serving counter.

WORKSHOP : A large area with space for equipment and Tractor (included).

REAR STORES : Several rear stores.

SHOWER BLOCK A : Gents ; 4 showers; urinal ; 4 wc ; 5 hand basin. Ladies 4 showers ; 6 wc ; 4 hand basin. Wash up Area.

SHOWER BLOCK B : Gents ; 3 showers; 3 urinal ; 4 wc ; 4 hand basin. Laundry and wash up.

Plans

SITE AND FLOOR PLANS AVAILABLE UPON REQUEST

Tenure

LEASEHOLD : A 35 Year Lease commenced 29th September 2015. The Lease was renewed (we are advised) with no Premium payable to the Landlord and was renewed on the basis of a prior Lease.

The current Passing Rental is £28,160 pa, payable on Quarter days in advance. There is a 3 year Open Market Rent Review.

The Repair Liability is Full Repairing and Insuring.

Title Numbers : Contained with Lease.

Advised No Rights of Way or Easements through the property and site, advised a 10% obligation for the upkeep of the access road from the Garrison Gate to the site.

COPY OF LEASE 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

The Energy Performance Rating Range from D65 to G1.

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.

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 £33,000. To find out how much business rates will be payable there is a business rates estimator service via the website. At time of writing, no Business Rates payable.

Services

Advised via Clients :-

3 x Septic Tanks
Mains Water
3 Phase electricity for hook ups
Oil central heating in Owners Accommodation

Prospective owners should make their own enquiries of the appropriate statutory undertakers:
Western Power: 0845 601 2989
South West Water: 0800 169 1144
Transco: 0800 111 999

Stock

To be taken at valuation on Completion. (Shop stock).

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 Graham Timmins on 01872 247019.

Contact Information

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

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

Paul Collins on 01872 247019 or via email 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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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