Mobile Home Park For Sale
Price:
Freehold - £299,000
Location:
Dorset, Redhill, Bournemouth
Business Type:
Corporate Businesses
LOCATION
Redhill Common approx. 250 yards. Castlepoint Shopping Centre just over 1½ miles. Bournemouth Square just over 3½ miles. Bournemouth Hospital within 3 miles. Christchurch Town Centre approx. 5 miles. Poole Town Centre approx. 8½ miles.
FEATURES
Rare opportunity available for only the second time in over 40 years. Backing onto the River Stour Water Meadows. Site approaching 1 acre with further development potential. Mains electricity and drainage. Vacant double unit for owner occupation or re-sale. Potential to increase current income levels. Over 45 occupation (imposed by the current owners).
SITE SUMMARY
Well maintained, the site extends to approaching 1 acre and comprises a mix of 12 park homes connected to mains drainage and electricity and accessed by a tarmacadam service road with regulation fire points. Tarmacadam forecourt parking for each park home. NB Kingfisher house, sited at the entrance of the park and currently arranged as 4 residential flats, can also be purchased by separate negotiation.
TRADING & BUSINESS
Currently, each park home is subject to a pitch rent of £110 per calendar month increasing in line with RPI. Additionally the owner is entitled to receive 10% of the sale price of any units sold, with one each year on average changing hands. It is felt that the pitch rents could be increased and a more hands on owner could generate income providing resident services and controlling the sale and purchase of propane gas. In the future the “lifetime” leases could be amended to a fixed term period.
LICENCES/PERMISSIONS
The site has been established for approximately 60 years and benefits from permanent planning consent and site licence for 14 park homes. A current application has been submitted for access steps to the lower site upon which it is felt that 2 further park homes could be sited. We have not had sight of this documentation.
Redhill Common approx. 250 yards. Castlepoint Shopping Centre just over 1½ miles. Bournemouth Square just over 3½ miles. Bournemouth Hospital within 3 miles. Christchurch Town Centre approx. 5 miles. Poole Town Centre approx. 8½ miles.
Well maintained, the site extends to approaching 1 acre and comprises a mix of 12 park homes connected to mains drainage and electricity and accessed by a tarmacadam service road with regulation fire points. Tarmacadam forecourt parking for each park home. NB Kingfisher house, sited at the entrance of the park and currently arranged as 4 residential flats, can also be purchased by separate negotiation.
UK Non-Specific
£ 800,000
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