Investment Properties for sale in Somerset

View the "SOMERSET - Watersports Development" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

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Mr & Mrs Neville (Sept 2013)
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Freehold Price: £899,950 Price Reduced
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Business Description
Extensive Circa 32 Acre Freehold Estate
£50-60k + £500-600,000 from environmental agency licence
300m Go Karting Track
24 Pitch Touring Caravan Park
Waterside Club House with Bar
An Idyllic Rural Setting

Middlemoor Water Park is a unique and well established resort, created in 1989 and in the hands of the current proprietor who has built up the business since 1993. This purpose-built lake set in the historic rural location of Somerset gives you the opportunity to try something out of the ordinary and Blacks Brokers are delighted to offer Middlemoor Water Park onto the market for sale.

Although situated in a peaceful setting, it has everything you need for a fantastic day out to hand. It has much to offer and a variety of activities that have proved attractive to its increasing custom base. Operating from an extremely well maintained freehold rural estate which we are advised extends to a staggering 32 acres in total, the business currently holds a fantastic purpose-built 18 acre lake which has become the region's premier venue for water skiing, wake boarding and jet skiing, with the added advantage of recently introducing professional residential training courses which are proving to be a success. The highly-experienced B.W.S.F qualified instructors are respected throughout the British water-sports community and can offer tuition from beginner to international standard and are no doubt adding to the appeal of this already profitable business. There is a diverse selection of aquatic fun rides, as well as speed boat rides for children.

This unique water sports centre also has its own fully licensed clubhouse overlooking the lake. All wet suits and necessary safety equipment are supplied free of charge to customers, but are also available to buy in the clubhouse. The property additionally includes a 300m go karting circuit, as well as a 24 pitch touring caravan site. The caravan site has the added advantage of electrical hook-ups, and we are advised that there is planning permission for the introduction of a new toilet and shower block. There is huge scope to increase this already impressive business venture, not least in regards to the current proprietors existing planning permission for a 0.15 acre chalet park development with construction already at an advanced stage. There is a further option for development of the properties extensive surrounding grounds that are yet to be explored. Middlemoor Water Park additionally offers superbly fitter ancillary facilities associated with an establishment of this kind. It includes the purpose built spacious waterside clubhouse, as well as an attractive bar area, dining and retail facilities, a gymnasium and spa, and summer barbecue area. There is a varied menu of food on the menu, and this incorporates for barbeques in the summer months.

This fantastic business would benefit from a more vigorous marketing strategy to improve on its already impressive levels of turnover. This could be incorporated by added to the business in means of the planning permission mentioned previously, as well as incorporations to menu choice, facilities available, and opening hours. There are also the options of more focus on the fantastic website, and methods of further advertisement. The business at present is run by the proprietor, with the aid of a team of full time and part time staff, who would be an asset to any purchaser.

Alternatively, this versatile proposition would most certainly appeal to someone simply looking to very significantly increase their existing investment portfolio in regards to a substantial and superbly located additional business which would be eminently capable of achieving a very healthy return on initial capital outlay, either in terms of rental income from the existing business and private accommodation alike, or future sell-on value after commercial or residential development subject.

In addition to the above the business has been extended to include 16 park home/static vans and 20 touring pitches Velodrome (landfill) site has approx 50,000m3 left approx 300-500k income.

18 Acre Purpose-Built Water Sports Lake

Extensive Circa 32 Acre Freehold Estate

300m Go Karting Track

24 Pitch Touring Caravan Park
Trading Hours:

MON - FRI: 10.00- 18.00
SAT: 9.00- 18.00 (restrictions)
SUN: 9.00 - 17.00 (restrictions)

Tenure: Freehold

Accommodation Details:

To Be Confirmed. Stylish Self-Contained Five-Bed Private Bungalow Residence.

Location Details: Woolavington

Downloadable Documents

Listed by: Blacks Business Brokers Limited
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