A self-catering holiday lodge resort in Cornwall has gone on the market with an asking price of £1,200,000.
Trewince Holiday Lodges, located on the southern tip of the Roseland Peninsula, has appointed specialist business property adviser Christie & Co to handle its sale.
The business, just outside of the village of Portscatho, is situated on 22 acre estate. The site currently features 44 privately owned lodges, which are held on the remainder of their 999 year leases, paying service charges to the site and RPI linked ground rents. In addition, there are 11 lodges currently operated on timeshare agreements.
Additional facilities include a large reception building which contains a café area and a leisure club. Featuring a gym, indoor swimming pool, spa, sauna and mezzanine lounge for guest use. The leisure club currently has in excess of 110 members.
Read more: Landmark Truro building on the market for £3m
The current owners have owned and operated Trewince Holiday Lodges as a family business for over 40 years and have decided to sell in order to retire.
Christie & Co said the business would be "ideally suited" to an owner-operator looking for a profitable business with scope to grow.
The site also includes a large mature woodland with track access leading onto the foreshore and a private quay, with two drying moorings installed and space for up to twelve. Adjacent to the woods is a children's adventure play area. It is thought that, subject to planning, part of the woodland area could be well suited to glamping style units to create an additional form of revenue for the business.
Stephen Champion, director at Christie & Co, said: “Having been in the same family for over 40 years, Trewince Holiday Lodges presents a fantastic opportunity for a new owner to take over this excellent business in one of the most beautiful parts of Cornwall. The business includes onsite owners offices and accommodation and there are numerous opportunities to increase revenue, making it perfect the perfect business for either an experienced or first time owner-operator.”
Like this story? Why not sign up to get the latest South West business news straight to your inbox.
