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North Devon

01271 321122

South Devon

01626 330022

St. Merryn Holiday Village
St. Merryn Holiday Village, Padstow, Cornwall, PL28 8QA

Freehold

£2,950,000 Guide Price

File Number: CD-20075

Under Offer
Contact Photo

James Sanders
Associate Director

T: 01626 330022
M: 07599 016151

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Summary

  • Set within 24.7 acres close to Padstow
  • Established development since the 1960's
  • Planning permission for 137 park homes & 205 bungalows
  • Currently developed for 100 park homes & 205 bungalows
  • Permission to develop additional 30 park homes
  • Permission for 7 two storey holiday homes
  • Recently refurbished reception building
  • Restaurant, shop, salon and bar (let)
  • Robust turnover and strong NET profits
  • Great potential for future sales

Opportunity

St Merryn Holiday Village is set within approximately 10 hectares (24.7 acres) and was originally developed during the 1960's.

The village now comprises a development with 205 bungalows and 100 park homes that are used for holiday purposes. 56 of the bungalows are unrestricted in their use.

The park home development is maturing well and there remain a further 37 pitches to be developed by the new owner which will generate additional income once completed and equally service charges.

The amenity buildings include a recently refurbished reception with sales office.

The hairdressing salon is operated by a concessionaire and the bar, restaurant and shop are leased to third parties.

On-site facilities include a children's play area, playing field and tennis courts. (EPC's B to G)

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