FOR SALE CASTLEWIGG CARAVAN PARK WHITHORN, NEWTON STEWART, DUMFRIES & GALLOWAY, DG8 8DL

FOR SALE CASTLEWIGG CARAVAN PARK WHITHORN, NEWTON STEWART, DUMFRIES & GALLOWAY, DG8 8DL

SUMMARY Established holiday caravan park extending to circa 5.3 acres (2.2 ha). Developed with 22 touring caravan pitches and 20 static caravan/lodge pitches. Includes 4-bedroom holiday cottage/owner s accommodation. Planning consent for further development. Guide Price 535,000 INTRODUCTION AND LOCATION Castlewigg Caravan Park is a well-established holiday caravan park set in quiet and picturesque location with lovely views across the surrounding countryside. The park has been operated by a successful family run park group and is offered for sale so that the family can focus on their existing parks, which are all in Yorkshire. The park is situated 18 miles south of Newton Stewart and 2 miles north of Whithorn on the A746, surrounded by beautiful unspoilt countryside, and with sandy beaches just 5 miles away, it is an ideal retreat for those seeking peace and tranquillity. With the Gulf Stream giving the area a mild climate, the area has many gardens, including Galloway House, Castle Kennedy and Logan Botanical boasting a range of tropical plants. This is a well-established and popular holiday area renowned for its attractive coastline, sleepy villages and rolling countryside. There are numerous golf courses nearby (6 within 25 miles) and the Ryan Leisure Centre in the nearby town of Stranraer; as well as walking cycling and bird watching all available within easy reach. The A75 trunk road affords access to this area, connecting with the M6 at Gretna, about 86 miles away. Plan provided for illustration purposes only - Promap

THE PARK The park extends in total to approximately 5.3 acres with a site licence for a total of 44 units. The park is well-developed with a central gravel roadway, mature plants and trees and other high quality design features; and an area of land designated as a dog walk area. The present owners have invested heavily in the park during their ownership including kerbing of roads, new road in the walled garden, 8 new static caravan pitches, renewed parking area, new central road, electric and water upgrade, underground gas pipe installation, new septic tank and repairs to the existing one, toilet block re-decorated including new W/Cs and installation of heating, a new ELSAN point, 3 new touring bollards, lighting and 3 new touring hardstanding pitches. The park is developed with 22 touring pitches of which 3 are hardstanding, the remainder being laid to grass. 12 of the pitches also benefit from 10-amp electric hook up points. At present, one of the pitches is occupied with a seasonal touring caravan. In addition to the touring pitches, the park is developed with 20 static caravan pitches of which 7 are occupied with privately owned static caravans (1 of which is occupied by the management couple on a residential basis with the appropriate planning consent in place), 2 are occupied with privately owned twin lodge units and 11 are vacant, presenting excellent sales opportunities. Each pitch is either concrete or gravel based and are laid out in a spacious fashion around the park. 2 vacant pitches currently house park owned stock caravans. The manager s caravan is also park owned.

HOLIDAY COTTAGE The park benefits from a well-appointed holiday cottage in the form of a spacious 4-bedroom modern property known as Acorn Croft, which could also make ideal owner s accommodation. The property includes an enclosed private garden/gravel patio to the rear; ideal for BBQs. The house is double glazed and centrally heated (oil fired) throughout and briefly comprises the following accommodation: Ground Floor fully equipped kitchen, large reception hall, large lounge with dining area and patio doors to the rear garden, utility room, bathroom and double/twin bedroom. First Floor 2 x double/twin bedrooms, 1 x single bedroom, bathroom. The property is successfully let out by national holiday booking company, Hoseasons and has benefitted over our client s ownership from a range of investment including new upvc dormer windows and a new downstairs bathroom. AMENITY BLOCK A single story building located conveniently near reception houses a well presented amenity block which includes ladies and gent s W/C and shower facilities, a laundry, wash up area, disabled facilities and a chemical / waste water disposal point. Located adjacent to the amenity block is a substantial machinery storage / maintenance garage.

RECEPTION The park reception/information hub and office is provided in the form of a timber constructed building located between the static caravans and touring caravans in the centre of the park. SITE LICENCE AND PLANNING The park benefits from a Site Licence to operate 44 units of which 11 must be touring caravans. The present licence allows holiday occupation between 1st January and 31st December. At present the park is operated between 1st March and 31st October for touring caravans and between 1st March and 6th January in the following year for static caravans. The current site licence covers 3 acres of the park for development, however should the development outlined below be completed, a new updated site licence would need to be applied for. TARIFFS 2017 Annual Static Caravan Pitch Fee - 1,600 plus VAT (electricity metered in addition). Annual Lodge Pitch Fee - 2,000 plus VAT (electricity metered in addition). Annual Seasonal Touring Caravan Pitch - 1,225 plus VAT (electricity metered in addition). Touring Caravans and Tents - 12.50-22 per night depending on caravan/tent and with or without electric hook up point. Holiday Cottage Average 780 per week. Planning consent is in place for additional static caravan pitches. A plan is in place for the development of 13 additional pitches in this area. We understand this planning consent is extant.

THE BUSINESS. The sale includes the Freehold ownership of all the property and buildings described herein (subject to leases and tenancies described). The business is operated by a family run park group based in Yorkshire who have employed a seasonal management couple on site. We are advised that turnover has ranged between 23,633 to 194,351 over the last 3 years, with the higher of those figures being a year where a lodge sale took place at around 150,000. The average profit margin over the last three years is in the region of 60%. Trading accounts can be provided to seriously interested parties following viewing. TENURE Freehold.

FURTHER INFORMATION For further information or to arrange an inspection of the property, please contact the Sole Selling Agents :- Richard Moss 0131 2407572 Richard.moss@colliers.com Robert Smithson 0113 200 1876 Robert.smithson@colliers.com EPC Plan provided for illustration purposes only Promap Please also note the park further developed than is suggested in the above plan. Disclaimer Colliers International 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 has any authority to make any representation or warranty whatsoever in relation to this property. June 2017 Colliers International is the licensed trading name of Colliers International Property Advisers UK LLP. Company registered in England & Wales no. OC385143. Registered office: 50 George Street, London W1U 7GA.