Lodge
Set in a peaceful countryside setting, this gas centrally heated holiday home is located on a site which open 365 days a year and is amongst landscaped grounds on Carr Island with the River Acholme running along one side and the Old River Acholme on the other.
Brigg Marina is the gateway to The Lincolnshire Wolds, an Area of Outstanding Natural Beauty. A unique landscape of rolling chalk hills and open valleys with views across the fens and salt marshes and St James’ Church, the "Cathedral of the Wolds" in Louth. Renowned for it’s wildlife, the Wolds is home to Red Hill Nature Reserve and Claythorpe Watermill and Wildfowl Gardens, with the Acholme Valley Walk, Lindsey Loop and Lincs Wold Way on the doorstep.
The Lodge is currently rented through Hoseasons (www.hoseasons.co.uk/holiday-parks/brigg-marinabrmc). The site opened April 2019. During 2019 there was 9 months’ trading and in 2020 there were 7 months’ trading due to Covid restrictions.
We are advised by the seller of the following information -
Ground Rent - £3,000 per annum
Service Fee - £10 per annum
Hot Tub Maintenance - £1,800 per annum
Optional Maintenance Charge* - £7,709 per annum (mandatory if continuing with Hoseasons)
Gas: averages £14 a month
Electric: averages £115 a month
Insurance: c. £46 a month
Total annual running costs: £14,619
Total rental income for 16 months (after Hoseasons’ commission) £37,110
Average monthly rental income (after Hoseasons’ commission) £2,319
Average monthly running costs: £1,218
Average monthly profit: £1,101
*Includes twice weekly change-over, laundry, cleaning, customer check-in/out etc.
Leasehold - 999 years from 15/06/18.
The site is sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants, which may exist whether mentioned in these particulars or not. For further information in relation to these matters please refer to the legal pack.
Leasehold.
Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees:
The following deposits and non- refundable auctioneer’s fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT
The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
