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£250,000

Langton Matravers, BH19

  • 0 beds
Other

£250,000

  • 0 beds
Other
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Estimate monthly mortgage payment:

£1,141 per month

Minimum deposit amount:

£12,500
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This is a rare opportunity to acquire a thriving and financially successful campsite in the heart of the Isle of Purbeck, about 1 mile from the coast.

The business is thought to have been established in 1948 and has never been offered on the open market since that time. It is situated in an outstanding and picturesque rural location on the outskirts of the hamlet of Acton, about 2 miles from the Jurassic World Heritage Jurassic Coastline. It is approached via a shared access and comprises approximately 7 acres including proprietor’s 2 bedroom timber chalet, shower block and WCs.

Operational Period & Planning
The campsite operates from Easter to the end of October. During this time there are periods when it is solely for the use of registered licensed groups of which there are some 323 (list available). For the Whitsun holiday and 24th July to the end of August the campsite is fully open.

There is no restriction to numbers, however, each pitch needs to conform with current Fire Regulations which requires the units to be 3 metres apart.

The business is offered for sale at £250,000 leasehold.

The business generates excellent profits. Audited accounts are available to genuine applicants only upon request.

There is scope for growing the business by creating additional pitches and also expanding the leisure facilities, subject to planning consent.

The owners will consider selling the freehold.

LEASE DETAILS
Term 10 years with Rent Review in 5th Year.
NB. the lease will be outside of the 1954 Act and, therefore, will not be automatically renewed at the end of the period.
Rental - £25,000 pa for the first 5 years.
Tenants Responsibilities - Full Repairing and Insuring lease.

SERVICES
Mains water, electricity and drainage. No gas.

BUSINESS RATES
We have been advised by Purbeck District Council that the property has a Rateable Value of £5,000 and the Rates Payable £2,495 for 2024/2025, however with the current Small Business Relief the Rates Payable is nil.

VIEWING
By appointment only please through the Agents, Corbens, 01929 422284. Please note the post code for this property is BH19 3BN.

Property Ref: ACT2000


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