ESTABLISHED RESIDENTIAL/HOLIDAY PARK

Price:

Freehold - £995,000

Seller Ref:

B34475

Location:

Cornwall, Nr Wadebridge

Business Type:

Commercial Property, Hotels

See Other:

Caravan parks for sale in Cornwall
Development sites for sale in Cornwall
Hotels for sale in Cornwall
Commercial property for sale in Cornwall

Description:

THE BUSINESS:

•ESTABLISHED HOLIDAY AND RESIDENTIAL PARK DEVELOPMENT
•PLANNING PERMISSION FOR 38 HOLIDAY UNITS (12 SOLD), 1 SHOW HOME
•24 RESIDENTIAL UNITS (22 LET), 2 PLOTS AVAILABLE
•ATTRACTIVE DESIRABLE EDGE OF VILLAGE LOCATION (CIRCA 4 ACRES)
•IDEAL INVESTMENT/DEVELOPMENT MODEL
•VIEWING HIGHLY RECOMMENDED
Rosewater Park is situated on the outskirts of the village of St Teath, an attractive North Cornish village close to Wadebridge and the North Cornish coast, which has period houses, a church, primary school, Post Office/stores and a freehouse. Rosewater offers a very peaceful location in which both to live and indeed have a holiday home, having access to village amenities and proximity to some of the county’s finest North Cornish beaches at Rock and Polzeath and villages such as Port Isaac and Boscastle.
Rosewater Park was we understand founded in the 1960s as a family concern and has been in our client’s tenure for the past circa 6 years, who are now selling due to other business commitments. Rosewater Park is set within circa 4 acres (to be verified by purchasers and Land Registry, copy available upon request) of gently sloping land in a valley setting surrounding be open farmland. The Park is entered via a splayed entrance and has the Holiday Park at the entrance comprising circa 2.4 acres, with the Residential Park in the lower part of the land comprising circa 1.63 acres.
We understand the Holiday Park has Planning Permission for the placement of 46 caravans and 5 touring caravans, with a 12-month holiday let condition. Our clients have arranged the site to allow for 38 single/double units; 12 of which have been sold with a further 1 show home currently sited (single 40ft x 12fT Tingdene Mackworth) and with 10 plots having their bases down, so leaving a further 15 plots. We understand the single units are currently being sold for £69,950 with double units typically being sold in the region of £85,000 - £95,000. Further information regarding the sale of these units can be viewed via our clients website – www.kerdenepark.co.uk (a holding company wherein the holiday park can be found).
The Residential Park is situated on the lower section of the site and is arranged to have Nos 1-18 on the periphery and Nos 19-24 on the central piece of land. Of the 22 plots, 22 are currently resided in, with 2 in-hand, No 12 suitable for a 40ft x 10ft unit and No 17 suitable for 40ft x 12ft unit. We understand the Residential Park is operated under the Mobile Homes Act 1983.

Location Details:

Rosewater Park is situated on the outskirts of the village of St Teath, an attractive north Cornish village with period houses, church, primary schooling, post office/stores and a public house. St Teath is situated between Wadebridge, famous for its beautiful Camel Estuary, and the north Cornish town of Camelford. Rosewater offers a peaceful location in which both to live all year and indeed have a holiday home, yet has easy access to village amenities and proximity to some of the county’s finest north Cornish beaches, around Rock and Polzeath and attractive villages such as Port Isaac and Boscastle.