New Listing
Fox Leisure site - Kent - 4180 - Main
Fox Leisure site - Kent - 4180 - 1
Fox Leisure site - Kent - 4180 - 2
Fox Leisure site - Kent - 4180 - 3
Fox Leisure site - Kent - 4180 - 4

Kent

4180/Exeter

£2,800,000 for the shares in the Company

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