Well-presented residential mobile home park with good access to local amenities.
The leasehold interest in St Christopher's Drive Mobile Home Park is being offered for sale, with approximately 55 years remaining. The mobile home park is served by a tarmac surfaced road leading around the park, with tarmac surfaced paths leading to all of the homes. The park is well lit by street lighting sited on the internal road. Sufficient parking is available for residents and visitors, either adjacent to each home or in the allocated hard surfaced parking area. In addition there are two communal hard surfaced parking areas. The park currently benefits from a site licence for 48 mobile home pitches, 48 of which are currently sited comprising 22 single and 26 double units. There are two areas of green space. The main source of business is from pitch fees generated by 48 owner-occupied mobile homes. Current pitch fees range from £107.08 per month for a single unit to £119.32 per month for a double unit. Pitch fees are reviewed annually on 1 July each year and are increased in line with RPI for the preceding month of April and in conjunction with other considerations under relevant legislation. A schedule of pitch fees is available in the online data room. Additional income is generated by the business receiving commission of 10% of the sale price of any park home sold on the site by an existing park home owner. There may be an opportunity to increase income further through the purchase of mobile homes which become available for sale and replacing these with new units which could be either let on assured shorthold tenancies or sold.
Opportunity to acquire a well located residential mobile home park, which provides a good investment opportunity.
Kay GriffithsProperty agent
There are no buildings on site requiring an Energy Performance Certificate.