BURGH HALL COUNTRY RESORT & CARAVAN PARK Lords Lane, Burgh Castle, Great Yarmouth, NR31 9EP

Static caravan park, touring fields and chalets

Leisure complex with pool, restaurant, bar, children's soft play area and function room.

4 bedroom detached house plus 3 bedroom flat over leisure complex

0117 927 3454 | www.es-group.com

FREEHOLD FOR SALE

ON THE INSTRUCTIONS OF GRANT THORNTON UK LLP, THE LIQUIDATORS OF BURGH HALL

LEISURE COMPLEX LIMITED

• Freehold property • Approximately 4.2 hectares (10 acres) • Prime tourist destination • Potential for refurbishment

LOCATION The property is located in a prime tourist destination about 4 miles west of the centre of Great Yarmouth adjacent to the urban area of the town close to the Norfolk coast which can be accessed via Lords Lane and the A143. Norwich is located approximately 23 miles to the west accessed via the A143 and A47, whilst the coastal town of Lowestoft is about 10 miles to the south. The village of Burgh Castle lies approximately 1.5 miles to the west and is situated on the eastern bank of the River Waveney within the Broads National Park. The Norfolk and Suffolk Broads is Britain's largest protected wetland and third largest inland waterway, with the status of a national park. It is also home to some of the rarest plants and animals in the UK. It is estimated that there were 7.1 million visitors to the Broads in 2010, spending a total of £437 million. There are two access points to the property both off Lords Lane about 100m apart and a minor road which connects with the A143 via Sun Lane and Church Lane. There are regular mainline train services from Great Yarmouth to London Liverpool Street via Norwich with a journey time of approximately 2 hours 45 minutes.

DESCRIPTION The freehold property comprises a site extending to approximately 4.17 hectares (10.3 acres) with a static caravan park, 2 touring caravan fields, chalets, leisure complex with flat at first floor level and detached two storey residence known as 'Carousel'. Burgh Hall was originally a country residence and formerly a country club which has evolved over the years and the leisure complex now incorporates a large bar/entertainment area, restaurant, children's soft play area, heated outdoor swimming pool, licensed wedding suite and function room. Static Caravan Park -Located on the eastern side of the property -48 privately owned static caravans -5 further static caravans in the north western corner of the field -48 residents car parking spaces Touring Caravan Fields -2 fields located on the north western edge of the property known as 'the Paddock Field'. -7 banks of 4 electrical hook-ups -Toilet block Chalets -5 single storey chalet blocks located south of the Paddock Field divided into 36 chalets.

Leisure Complex Ground Floor -Pool Bar - with entrance lobby, bar, stage and seating area. -Male, female and disabled WCs. -Monkey Business children's play area - 2 storey area with large children's play frame, seating and 2 children's rides at ground floor. -Restaurant - Hollywood themed split level restaurant with approximately 50 covers, reception area, male and female WCs. -Kitchen area -Plaza Suite function room - with separate entrance, bar along one side, dance floor area, seating for approximately 90 covers (260 standing), male and female WCs. -Wedding Suite - with separate entrance, 2 storey high and licensed for civil ceremonies with a capacity of 80 persons. First Floor -Self-contained flat comprising lounge, kitchen, bathroom and 3 bedrooms (1 with en-suite). External -Heated outdoor swimming pool together with small teaching pool, patio area, wooden bench tables and seating and pool-side kiosk. -Car parking area adjacent to the wedding suite with further car parking to the front of the leisure complex. Carousel -Detached 2 storey residential house comprising entrance hall, en-suite master bedroom, 3 further bedrooms, family bathroom, games room, office and store at ground floor. At first floor level there is a lounge with patio doors leading onto a balcony, open plan dining room with patio doors onto another balcony and fitted kitchen. -Separate double garage. -Garden to rear. -Three separate rooms accessed from the house comprising office, laundry room and shop/play room previously used by guests but no longer in use.

FLOOR AREA We are informed that the estimated gross internal floor area of the leisure complex is about 930 sq m (10,000 sq ft).

TENURE The property is held freehold. 35 chalets have been sold on 99 year leases with approximately 75 years unexpired. One chalet is understood to have been sold freehold to Mr Hole believed to be 5a situated between no. 5 and no. 6 and is in disrepair. The whole of the property is subject to a temporary license agreement held by Parks Direct Limited which will expire on 30 April 2015.

PLANNING We would recommend that prospective purchasers make their own enquiries to the local planning authority Great Yarmouth Borough Council. Tel: 01493 846430.

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SITE LICENCE We have spoken with the Environmental Health department of Great Yarmouth Borough Council who has provided a copy of the front sheet of the site licence, reference no. BC/0015/00900/0000A dated 24 June 2013. The licence is issued to Mr M K Hole and grants a site licence in respect of Burgh Hall Holiday Park subject to the following conditions: • A maximum of 30 touring caravans only to be stationed on the area highlighted in red on the attached site plan; • No more than 5 caravans, of which no more than 3 being a static home, to be stationed in the area highlighted in green on the attached site plan; and • A maximum of 50 static caravans to be stationed on the site in the area highlighted in blue on the attached site plan. We further understand that the caravans and campsite are to be used for holiday purposes and are not to be occupied between 31 January and 1 April each year. We do not have a copy of the site plan referred to above.

BUSINESS RATES We have received confirmation from the Valuation Office Agency website that the rateable value of the property is £33,100. The Valuation Office Agency website lists Carousel as being assessed as band E for Council Tax whilst the flat at Burgh Hall is assessed as band B. There are also several Council Tax bandings which we believe refer to the chalets all at band A.

PREMISES LICENCE A premises license is understood to exist, the licensee being Kevan Whitbread however we have not had sight of this and cannot confirm what activities or hours are permitted.

SERVICES The site is connected to mains water, electricity and drainage. There is no mains gas and therefore bottled Calor gas is used. Carousel has a separate cesspit for drainage.

TERMS We have been instructed to seek offers in excess of £1.5m for the freehold interest to include unencumbered fixtures, fittings and equipment. It is understood that most of the equipment in the leisure complex is owned by Kevan Whitbread which may be available by separate negotiation. Offers will also be considered for Lot 1 – comprising the caravan park, chalets and ''Carousel'' and Lot 2 – the leisure complex. The boundaries are detailed in the supplementary information and comprise approximately 3.1 hectares (7.6 acres) and 1.1 hectares (2.7 acres) respectively.

0117 927 3454 | www.es-group.com

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Property Details - Misrepresentation Act: Property particulars are produced in good faith and believed to be correct. Neither The ES Group, their joint agents (where applicable) or their client guarantees their accuracy and they are not intended to form any part of a contract. No person in the employment of The ES Group or their joint agents has authority to give any representation or warranty in respect of this property. All prices or rents are quoted exclusive of VAT.

BUSINESS No financial information has been made available however we have been provided with the following verbal information in respect of the income that is being generated from various aspects of the site:- • Chalets – a ground rent is payable of £263 per annum. Gas and electricity are supplied by the freeholder which is payable on account by the lessee. Water rates are paid by the freeholder. • Static caravans – a pitch fee is payable of £1,300 per annum however the freeholder is understood to pay the water rates with the residents responsible for their own electricity, gas and drainage and have their own electricity meters. • Flat over leisure complex – let out on an annual AST agreement at £550 per month and they pay their own electricity and gas. • Leisure Complex – no information provided.

ENERGY PERFORMANCE CERTIFICATES EPCs have been undertaken which have produced the following ratings: Leisure Centre - D Carousel - F Flat - E

FURTHER INFORMATION Further information can be provided on request to bona fide purchasers who have viewed the premises.

VIEWING All viewing appointments to be arranged through ES Group, Hospitality & Leisure. Contact: Philip Gibson Tel: 0117 934 2759/07778 031696 Email: philip.gibson@es-group.com

23 10 2014