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Ynyshir Farm Campsite, Picton Road, Picton, Holywell, CH8 9JG

Lot no: 20 Postponed
 

Guide Price £1,500,000 - £2,000,000 plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Wednesday 7th August 2019

2.30pm
Key Features
  • A 26 acre site including a four bedroomed farmhouse and 4 acre campsite
  • Four acres are currently being used as a campsite this includes spaces for five touring caravans and forty-five tents
  • Planning permission which supports the development of 5 new luxury lodges, 25 further units
  • Various outbuildings, one of which has been converted into a separate holiday let
  • EPC Rating: G
  • We have been informed that the annual rental income is circa £85,000
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Postponed

Farm

Property Description:

DRAFT DETAILS. A rare and exciting opportunity to acquire a four bedroomed stone built farmhouse set on a 26 acre site in some beautiful countryside.

Interestingly four acres are currently being used as a campsite and this includes spaces for five touring caravans and forty-five tents. We have been informed that the site also has make some pre-planning enquiries which supports the development of 5 new luxury lodges, 25 further units to be used for tourers or lodges and another amenity building.

The farmhouse is approached via long sweeping driveway which culminated to an extensive parking area with breath taking views.The well appointed farmhouse in brief comprises comprises three reception rooms, fitted kitchen, wc with shower, four bedrooms and bathroom.
The property also benefits from various outbuildings, one of which has been converted into a separate holiday let. Another is currently being used for toilets/washing facilities for the campsite.

We have been informed by the vendor that the campsite and holiday cottage are rented at the following rates:

Holiday Cottage :
£150 per night dual occupancy
£85 per night single occupancy
Recently been used by Siemens Engineers bringing in £3700 per 35 day month.

Caravans:
£2200 per season

Tents:
£35 per night

The remaining land is greenbelt and is used for livestock, rented at £0.75 per sheep per week, for 300 sheep.

We have been informed that the annual rental income is circa £120,000 per annum. This includes £85,000 per annum from the campsite and the recent bookings by Siemens Engineers.

The sale provides a genuine opportunity for a potential buyer to acquire a small business with development opportunity located in a popular tourist location. Close by is the town of Holywell where there is a range of shops, services and popular schools. There is also easy access to the A55 expressway connecting to major road networks.

Tenure:

Freehold.


Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneer’s fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT

The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.