Interesting multi facet property backed holiday business within a seaside village on the North Kent coast at the mouth of the River Medway some 40 miles from central London
- On 13.3 acres of level land adjoining open marshland below the sea wall
- 107 Holiday Bungalows – 10 month holiday use
- Variety of detached, semi-detached and terraced single storey Holiday Bungalows
- Mixed tenure including 17 leaseholders, 24 AST rentals, 33 flexible rentals, 29 freeholders and 4 park owned
- Letting rental and ground rent/service charges at average turnover of £425,000 p.a.
- Potential for freehold sales as leaseholds expire and/or to expand existing letting capacity
- Site reception/sales and manager’s offices
- Extant planning permission for new extension on adjoining land
- Indicative layout for a further 48 bungalows
- Low management level business with scope for further expansion