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Well-developed, Entry Level Park In Craven Arms With 10 Lodges For Sale

Craven Arms, Shropshire, UK
Asking Price:
£750,000
Turnover:
Available on request
Net Profit:
Available on request

A well-developed, entry-level park with 10 cedar clad holiday lodges including a warden’s lodge

• Stylish development of 10 cedar clad holiday lodges with all year round permission
• 8 privately owned lodges, paying rent of £37,275 from 1st March 24, held on industry standard long-term license agreements
• 1 no. 40’ x 20’ rental lodge (with hot tub) included in the sale
• 1 owner’s / warden’s lodge (40’ x 20’) included in the sale with full residential permission for Wardens
• Maintenance / Mower storage shed and coin operated laundry
• Overall income approx. £68,000 for the current year
• Adjusted Net Profit (EBITDA) of £55,000 for current year
• Excellent prospects to increase Net revenue through potential lodge buybacks and subsequent holiday rental
• Well established demand for holiday rentals for varying groups and target audiences
• Beautiful, riverside site set within 1.5 acres in the Shropshire Hills

Property Information

Property:

Freehold

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