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Woodlakes Park

For sale: £5,250,000.00|Leisure Property, Licensed & Leisure

PROPERTY DETAILS

FOR SALE£5,250,000.00
ADDRESSWoodlakes Park, Holme Road, King's Lynn, PE34 3PX
TYPELeisure Property, Licensed & Leisure
TENUREFor Sale Freehold
POSTED ON5th August 2020

DESCRIPTION

Woodlakes Park is located in the heart of Norfolk and comprises a holiday lodge development of 44 detached timber lodges set within a tranquil landscaped environment, which includes five fishing lakes and woodland. The property has been developed from a
touring site to static caravans to log cabins, with a continuous programme of updating and improvement throughout the period.

The current vendor bought the property in 2017 and over the last two years has fully established the business and continued to develop the property with the addition of 24 lodges. Planning permission allows for the development of a further 99 lodges and additional planning permission has recently been granted for a new clubhouse building to provide restaurant and bar facilities.

The park is an attractive and successful holiday lodge business in a popular tourist location with the potential to be developed further.

The property offers a range of future possibilities including continued development of lodges to enhance revenues, increase in occupancy rates, sales of existing and proposed lodges and other initiatives.

LOCATION

Location: Woodlakes Park, Holme Road, King's Lynn, PE34 3PX

Watlington (2.3 miles)

Downham Market (2.7 miles)

King's Lynn (7.8 miles)

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