LITTLE HAVEN HOLIDAY PARK, CHAPEL ST LEONARDS, PE24 5QZ FOR SALE NEW PRICE

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1 LITTLE HAVEN HOLIDAY PARK, CHAPEL ST LEONARDS, PE24 5QZ FOR SALE NEW PRICE

2 SUMMARY Extending to approximately 5.5 acres (2.2 hectares) Developed with 41 static caravan pitches LOCATION Little Haven Holiday Park is an attractive static caravan park with a strong pitch fee income located within a delightful semi-rural location on the fringes of a popular town. Planning permission for a further 15 static caravan pitches and 7 lodges (8 partially developed with concrete bases and water connection) New Price - 900,000 Originating in the 1920s, the park was totally redeveloped in 2003 and therefore the park represents an opportunity to acquire a modern, thoughtfully developed park with planning consent for further expansion. The park is located on the fringe of the traditional Lincolnshire seaside town of Chapel St Leonards which provides all local amenities as well as a range of seaside resort attractions such as amusement arcades, an abundance of shops and many restaurants and cafes. Chapel St Leonards is one of four traditional towns on this stretch of coastline with Skegness, Ingoldmells and Mablethorpe being the other three. The location offers an ideal location to holiday makers wishing to be within easy reach of the amenities of Chapel St Leonards and surrounding area including Fantasy Island theme park which includes Europe's largest outdoor market. Other nearby attractions include the Lincolnshire Aviation Heritage Centre and Skegness Natureland Seal Sanctuary. Promap

3 THE PARK The park extends over approximately 5.55 acres of land and is developed with 41 fully serviced holiday static caravan pitches of which 37 are presently occupied by privately owned caravans. The remaining 4 pitches are vacant and provide immediate sales opportunities for the new owner. In addition, a further 8 pitches have been partially developed whereby concrete bases have been constructed and water connections are in place. The park is beautifully landscaped with a number of ornamental lakes and benefits from good quality tarmacadam roadways, subtle street lighting and CCTV. Several pitches are lakeside and every pitch is provided with a dedicated car parking area. The owner has created a secure and tranquil environment at the park which is enhanced by an electronic entrance gate and pleasant entrance roadway. A brick built reception and sales office is located close to the park entrance, as is a substantial customer / visitor parking area. LICENCE AGREEMENTS The owners of all caravan owners are issued with an annual pitch licence agreement.

4 PITCH FEES There are 4 pitch fees tariffs 2013 as follows (number of owners in brackets): 1,965 (26) 2,093 (1) 2,200 (7) 2,600 (3) All tariffs are net of VAT. A further annual charge of 150 is made for Site Maintenance. SITE LICENCE The park is licenced for a maximum of 41 static holiday caravans to be sited for use for up to 10 months of the year (1st March 5th January). PLANNING Planning permission has been granted for the development of a further 15 static caravan pitches and also 7 lodge/twin unit pitches, taking the total number to 63 units. The planning permission for the additional 22 units permits holiday use for 7 months of the year (1st April 31 st October).

5 SERVICES The park is serviced by mains water, electricity and sewage. The static caravan units are served by bottled gas. THE BUSINESS The park benefits from a strong pitch fee income and the opportunity to conduct further sales on vacant / permitted pitches. Of the 41 fully developed pitches, 37 are occupied and therefore a further 4 fully serviced are available for immediate sales. In addition the 8 partially developed pitches and planning permission for an additional 14 pitches provide a further 22 sales opportunities. In the previous 12 month trading period (Oct 2012 Sept 2013 inclusive) the business Turnover was 150,765 with a Gross Profit of 130,344 and strong EBITDA. Pitch fee income for the same period was 76,141. Further financial information can be provided to interested parties following viewing. STOCK Stock in addition at valuation. EQUIPMENT The business is for sale as a going concern and therefore includes equipment required to operate the business on a day to day basis. An inventory can be provided by the selling agents.

6 PRICE New Price - 900,000 for the property and business as a going concern. FURTHER INFORMATION For further information or to arrange an inspection of the property, please contact: Richard Moss Colliers International Richard.moss@colliers.com Peter Smith - GVA Peter.smith@gva.co.uk Promap SUBJECT TO CONTRACT TENURE Freehold VIEWING Viewing to be arranged through the joint sole selling agents only Disclaimer Colliers International & GVA gives notice that these particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Purchasers, Lessees or Third Party should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of Colliers International or GVA has any authority to make any representation or warranty whatsoever in relation to this property. March 2014 (revised) Colliers International is the licensed trading name of Colliers International Property Advisors LLP which is a limited liability partnership registered in England and Wales with registered number OC Our registered address is at 50 George Street, London W1U 7GA..