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Caistor Lakes Leisure Park & Restaurant, Caistor, Lincolnshire

Particulars for: Caistor Lakes Leisure Park & Restaurant, Caistor, Lincolnshire

5 Star Platinum Award Winning Leisure Park

Net profit over £384,844 in 2018/2019

6 Luxury air-conditioned two bed lodges

28 touring van pitches

108 cover restaurant

3 well-stocked fishing pools

Freehold For Sale

£1,950,000

For more information and viewings call

01206 216 555

Particulars for: Caistor Lakes Leisure Park & Restaurant, Caistor Lincolnshire

Details


Introduction

Caistor Lakes comprises of an award winning Leisure

Park created in 2014 including a high quality 108 cover

restaurant, 3 well-stocked fishing pools, 6 luxury lodges,

28 touring van pitches and a maintenance building. The

business is currently turning over in the region of £1.1

million.

Location

The property is situated approximately 1 mile north of

the town of Caistor on the western side of Brigg Road

(A1084). Caistor is an attractive market town situated on

the north west edge of the Lincolnshire Wolds area of

outstanding natural beauty and on the Viking Way.

The Property

Extending to approximately 5.7 acres (2.3 ha). The

restaurant is the focal point of the property with the

holiday lodges having bankside positions. The touring

van site has been developed to a very high standard

and the holiday lodges and touring van site have the

benefit of good security arrangements.

The Restaurant

Of brick construction under a tile roof providing 108

covers in a bright and spacious environment with

external patio area and large glazed sections providing

excellent views over the fishing lake. The restaurant

has the benefit of high quality kitchens, customer toilets

and storage facilities.

Lodges

There are 6 luxury lodges:

Swan Kingfisher

Mallard Teal

Grebe Private

Each lodge is fitted to a very high standard with air

conditioning, Jacuzzi hot tub, fully fitted kitchens, two

bedrooms with king size beds, power shower and

expansive decking area abutting the fishing pools.

The Private Lodge is situated at the top end of the site

overlooking the whole property. Planning permission is

in place to build an additional 10 lodges on the site.

Touring Van Pitches

28 pitches are positioned on modern concrete hard-

standings with grassed awning areas. The pitches have

the benefit of electric hook-up point on meter card basis

together with six freshwater points and two flushing

chemical waste disposal points.

There are separate 5 star male/female/disabled shower

and toilet facilities. The pitches occupy the centre area

of the site enabling easy access to the fishing pools,

restaurant/bar, toilet and shower facilities.

The Fishery

The property has the benefit of 3 very well-stocked

fishing pools.

Arthurs Pool

Extending to approximately 0.7 acres (0.28 ha) with 8

double pegs. Well stocked with a large number of

specimen carp. Full stocking information available on

the Caistor lakes website.

Heron Pool

Extending to 0.45 acres (0.17 ha). Stocked with mixed

coarse fish species including 100 carp ranging from

10lbs-29lbs, ide, bream, tench, barbel, ghost carp,

perch, crucian carp, chub, roach and gudgeon. This is

an ideal pool for parents wanting to take their children

family fishing.

Foundry Pool

Extending to 0.4 acres (0.16 ha) with 24 pegs. Stocked

with ide, bream, tench, perch, carp, roach, barbel,

crucian carp and chub. This pool has been designed for

match fishing and all pegs are disabled angler friendly.

All the fishing pegs have 240v electric power, low

lighting, LED lighting and built-in WIFI.

Maintenance Building/Garages

A modern portal steel frame general purpose building

with adjacent triple bay garage.

Reception/Office

A single storey purpose built building situated adjacent

to the restaurant and car park.

The Business

The business for the year ending 31st March 2019

turned over £1,079,564 with an adjusted net profit

calculated before depreciation, interest payments and

Directors remuneration total £385,844.

The business continues to go from strength to strength

with a turnover in profitability increasing year on year.

The breakdown of income is as follows:

Restaurant 80%

Lodges 6%

Touring vans 8%

Fishing 6%

The lodges are currently operating at 85% occupancy

with business being turned away. With the benefit of

planning permission for an additional 10 lodges, this part

of the business could be developed further. Lodges are

let for a full week from £499 and £999 with an option for

3 day and 4 day lets from £299 to £599. Touring vans

are charged at £22 a night and fishing at £40 per day.

The resident’s restaurant is a business operation in its

own right with over half the trade generated from non-

park customers and less than half generated from the

customers using the lodges, touring van pitches and

fishing lakes. The restaurant opens 7 days a week

serving breakfast, lunch and dinner focussing on simple

menus using local fresh produce.

The business is presently operated on a part-time basis

with the owner spending 3 days supervising an

experienced management team. With some additional

management support it could operate fully under

management or it could equally be a more hands on

operation, therefore reducing wage costs if required.

Services

The property has the benefit of mains water, mains

electricity and LPG gas. Drainage is via a septic tank

and Klargester treatment plant. CCTV with fobbed

gated access and comprehensive WIFI.

Business Rates

Restaurant/office/lodges – rateable value £22,500

Energy Performance Certificates

Restaurant - B

Office Building - C

Planning

Caistor Lakes Leisure Park & Restaurant has the benefit

of a number of planning permissions.

Website

caistorlakes.co.uk/

Agents’ Notes

Tenure & Possession

The property is offered for sale freehold as a whole with

vacant possession on completion.

Fixtures, Fittings & Stock

The sale includes fixtures and fittings and fish stocks

within the pools. Fenn Wright are not liable in any way

for the quality or quantity of the fish stocks, nor any

death or disease that may affect such stocks.

Purchasers must satisfy themselves as to the quality

and quantity of the fish stocks prior to purchase.

Equipment

The property and business includes all maintenance

equipment and service vehicles.



Rights of Way & Easements

The property is sold subject to and with the benefit of all

existing Rights of Way, whether public or private, light,

support, drainage, water and electricity supplied in other

rights obligations, easements, quasi-easements and

restrictive covenants or all existing proposed wayleaves

for masts, staves, cables, drains, water and gas and

other pipes, whether referred to in these particulars or

not.

Consumer Protection Regulations

Under the regulations, what we say or publish about a

property must not be false or misleading and we must

provide certain material information to enable a potential

viewer or purchaser to take an informed transactional

decision.

Measurements

Any areas, measurements or distances referred to as

approximate are given as a guide and are not precise. If

such details are fundamental to a purchase, purchasers

must rely on their own enquiries.

Important Notice

Fenn Wright for themselves and the Vendor of this

property whose Agents they are, give notice that: The

particulars are intended to give a fair and substantially

correct overall description for the guidance of intending

purchasers and do not constitute part of an offer or

contract.

Prospective purchaser/s and lessees should seek their

own professional advice. All descriptions, dimensions,

areas, reference to condition and if necessary

permissions for use and occupation and their details are

given in good faith and believed to be correct.

Any intending purchaser/s should not rely on them as

statements or representations of fact but must satisfy

themselves by inspection or otherwise as to the

correctness of each of them. No person in the

employment of Fenn Wright has any authority to make

or give any representation or warranty, whether in

relation to this property or these particulars, nor to enter

into any contract relating to the property on behalf of the

Vendors.

No responsibility can be accepted for any expenses

incurred by any intending purchaser/s in inspecting

properties that have been sold, let or withdrawn.

Local Authority

West Lindsey District Council

Guildhall

Marshall’s Yard

Lincolnshire

DN21 2NA

Tel: 01427 676676

Photographs taken: 2019

Particulars prepared: December 2019

Directions

Caistor Lakes is situated 12 miles from Cleethorpes on

the edge of the Lincolnshire Wolds. Cross the Humber

Bridge towards the A15, continue on the A15 until the

roundabout, take the second exit onto the A18. Then

turn right towards Main Street. Bear right and then turn

left onto the A1084/Bigby Hill, arrive at A1084/Brigg

Road on the right.

The full address is Caistor Lakes, 99A Brigg Road,

Caistor, Lincolnshire, LN7 6RX

*Safety Note to Buyers*

Please ensure care is taken when viewing and walking near to

lakes and areas of water. Do not walk close to the edge of

waterways, and ensure children are supervised at ALL times.

Lakes, Ponds & Rivers can be very dangerous so THINK

SAFETY FIRST!

To find out more or book a viewing

01206 216 555 fisheries4sale.com Fenn Wright for themselves and for the vendors or lessors of this property whose agents they are give

notice that:

i. The particulars are set out as a general outline for the guidance of intending purchasers or lessees;

and do not constitute, nor constitute part of, an offer or contract.

ii. All descriptions, dimensions, references to condition and necessary permissions for use and

occupation, and other details are given in good faith and are believed to be correct but any

intending purchasers or lessees should not rely on them as statements or representations of fact but

must satisfy themselves by inspection or otherwise as to the correctness of each of them.

iii. The vendor or lessor does not make or give, and neither Fenn Wright nor any person in their

employment has the authority to make or give, any representation or warranty whatsoever in

relation to this property.

iv. All statements contained in these particulars as to this property are made without responsibility on

the part of Fenn Wright or the vendor/lessor.

v. All quoting terms may be subject to VAT at the prevailing rate from time to time.

vi. Fenn Wright have not tested any electrical items, appliances, any plumbing or heating systems and

therefore, cannot give any warranty or undertaking as regards their operation or efficiency.

More waterside properties at

fisheries4sale.com


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