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The Red Ridge Centre, Welshpool, SY21 0AZ

For sale: £1,550,000.00|716126 Sq Ft|Hotels, Leisure Property, Other, Licensed & Leisure, Other Property Types & Opportunities

PROPERTY DETAILS

FOR SALE£1,550,000.00
SIZE716126 Sq Ft
ADDRESSThe Red Ridge Centre, , Cefn Coch, Welshpool, SY21 0AZ
TYPEHotels, Leisure Property, Other, Licensed & Leisure, Other Property Types & Opportunities
TENUREBusiness for sale, For Sale Freehold, For Sale Leasehold
POSTED ON12th August 2019

DESCRIPTION

Reputable, thriving, residential and day-visit activity centre, located in the heart of the beautiful countryside of Mid Wales
Qualified instructors and large customer base
Offers spacious living accommodation
Up to 160 beds within accommodation block
INTRODUCTION

Halls Commercial are delighted to offer for sale this reputable, thriving,

residential and day-visit activity centre, located in the heart of the

beautiful countryside of Mid Wales.

The business was established in 1978 by the vendors, providing an

excellent learning environment and is only reluctantly offered for sale

due to the current vendors wishing to retire.

This is an ideal platform for an existing company looking to grow through

acquisition or it has considerable potential as an individual opportunity.

With solid foundations set, this is an exciting turn key operation. Little

investment would be required to add to the existing facilities and

through an active approach to marketing, the new owner could boost

exposure and effectively grow the customer base. Online advertising for

promotional offers, discounts and even a customer loyalty scheme for

large groups would also appeal to a wider audience.

Due to retirement, the current vendor is looking to sell this highly

lucrative business to a motivated buyer.

Key Features:

Qualified instructors

Large customer base

Scenic location

Up to 160 beds within accommodation block

This popular activity centre also offers spacious living accommodation,

detailed in the next section.

LOCATION

The business is located in Cefn Coch, Welshpool, Powys, where it resides

in a scenic and remote location. Due to the nature of the business,

customers come from across the country to enjoy the various activities

on offer.

The property is located approximately 35 miles from the town of

Shrewsbury and 54.7 miles from the city of Chester. The nearest railway

station is in Welshpool.

BUSINESS DESCRIPTION

This well-operated and highly regarded activity AALA/AALS licensed

activity centre has grown significantly over the years. It provides a variety

of activities ranging from kayaking and archery to caving and abseiling

(on real rocks and in real caves).

The experienced and highly qualified instructors strive to offer a

supportive and engaging experience and in doing so have helped the

business amass a large and loyal customer base, consisting of primary/

secondary schools as well as corporate companies and youth groups.

With 160 beds available, the Centre normally operates with between

70 and 115 guests and includes an instruction area and staff sleeping

area. The property also benefits from a 6 bedroomed house within the

demise of the site. This was previously used as owner's accommodation

and would lend itself to conversion into further guest accommodation

if desired or owner occupation depending on the purchaser's

requirements.

The large house benefits from 3 reception rooms, a large office, a hot tub,

a fitness room with sauna and shower and WC. The size of the house can

only be appreciated upon inspection.

All fixtures, fittings and equipment are included in the sale and a detailed

inventory can be provided upon request.

Trading predominantly during the summer months, the Centre is booked

until mid-November 2019.

Its online presence has contributed to its growth and the business

currently has a user-friendly, informative website, which details its

services, allows for enquiries to be made and provides relevant company

contact information. A Facebook account is also present, which further

aids advertising the business opportunity.Total Site Area: 16.44 acres (6.65 hectares)

Floor plans on details.It is understood that the interest will be sold freehold . The property Title Numbers are CYM 477177 and CYM613079.Rateable Value: £15,120.00

Rates Payable 2018/2019: £7,454.16

LOCATION

Location: The Red Ridge Centre, , Cefn Coch, Welshpool, SY21 0AZ

Caersws (7.3 miles)

Newtown (Powys) (9.7 miles)

AGENT'S DETAILS

PROPERTY AGENT
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