Savills, on behalf of private clients, has brought to market St Merryn Holiday Village near Padstow in Cornwall for £2.95 million.
The mature holiday village is set in 24.7 acres (10 hectares) and is currently developed for 100 park homes and 205 bungalows. There is permission to develop a further 29 park homes and seven, two storey holiday homes. A reception building, a restaurant and bar are also included on the site alongside tennis courts and a children’s play area.
Located 3.5 miles to the south of Padstow, St Merryn Holiday Village has benefitted from increasing popularity from holidaymakers looking to invest in holiday homes in Cornwall.
Chris Sweeney, associate director in the leisure and trade related team at Savills Exeter, comments: “St Merryn is a popular holiday village that benefits from its location close to central Padstow and good quality accommodation. The business offers a consistent annual income from pitch fess with potential to develop further profits from the sale of new units.”