holiday park's sale price is reduced by owners to £895,000
Brean beach holiday park which has put up for sale has been reduced
in price to £895,000 this week, providing a rare chance to
buy a tourism business in the village.
business property firm Christie & Co has been instructed to
sell Lazy Days Holiday Park in the village.
on over one acre of grounds next to Brean beach, the property includes
its own pub, which operates year round, and 15 six-berth static
caravans for let, which are operational for most of the year.
addition to a large beer garden seating 150 covers, the property
includes the Ocean Waves cafe, which is independently operated under
a one-year rolling lease.
site also includes the Ocean Waves Café which is independently
operated under a one year rolling lease, generating an additional
annual rental income.
Ocean Bar operates year round, currently trading purely on wet sales
with 600 barrels per annum, and has the unique advantage of being
the only pub in the area with a beer garden that leads directly
onto the beach, offering an ideal spot for patrons to enjoy the
panoramic sea views.
accommodation is also provided on the first floor of the Ocean Bar,
consisting of a one-bedroom self contained flat with a separate
entrance and a roof terrace which benefits from stunning coastal
trade for Lazy Days thriving between Easter and October on a high
proportion of repeat visitors, the profitable business also maintains
healthy local trade with the Ocean Bar during the winter.
current owners, Brian and Valerie Kear, acquired Lazy Days in 1998,
after Mr Kear stumbled across the property in search of gas for
nearly 20 years in the business, they are now looking to retire
and hope that a new owner will enjoy running the business in the
Calfe, Director at Christie & Cos Bristol office, who
is handling the sale, said: "The price reduction to this highly
profitable business presents an ideal opportunity for either an
investor to operate under management or a family to run hands on
during the most active months of the year, providing the rewards
and time off in the winter months to enjoy a lifestyle abroad in
the sun. The high barrelage of 600 brewery barrels a year also generates
additional income adding to the attractiveness of this business
to a variety of buyers. Due to the strong trading accounts, funding
is likely to be available for the purchase."
& Co is now seeking the new asking price of £895,000 for
the freehold interest of Lazy Days Holiday Park.