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.
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.
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.
Dairyland has a Water Abstraction Licence to abstract water of up to 11,615 m (2,555,000 gallons) per annum.
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
Full accounting and other information is available upon request.
2014 – £725,523 2015 – £859,885
2016 – £891,614 2017 – £893,219
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.
Details available upon request.
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.
Each party to bear their own.
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.
Peter Heather 01872 247007 firstname.lastname@example.org
Mike Nightingale 01872 247008 email@example.com
Graham Timmins 01872 247019 firstname.lastname@example.org
Paul Collins 01872 247029 email@example.com
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] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [c] 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.