Oasis Lakes, North Somercotes, Nr Louth, Lincolnshire

£975,000

INTRODUCTION
An established very successful commercial coarse fishery in a popular tourist location with three coarse lakes, facilities building including three bedroom accommodation, tackle shop, café, toilets and storage together with static holiday cabin and 5cl caravan site.

LOCATION
Oasis Lakes is situated in the village of North Somercotes, conveniently accessed off the A1031, approximately 20 miles south of Grimsby, 30 miles north of Skegness and 40 miles from Lincoln.

DIRECTIONS
Take the B1200 from Louth. At the A1031 turn left and follow the road to the village of North Somercotes. In the village take the first right after the large caravan park, signposted Oasis Lakes

THE FISHERY
Oasis Fishery extends to approximately 9 acres and is managed as a day ticket fishery with the emphasis on good quality coarse fishing.

Island Lake extending to approximately 0.8 acres with 29 pegs and a depth of 5ft stocked with, carp to 20lb, ghost carp to 15lb, F1 carp, tench, roach, rudd, perch and chub.

Roadside Lake extending to approximately 1.4 acres with 49 pegs and a maximum depth of 10ft. Stocked with carp to 26lb, ghost carp to 19lb, silver fish, bream, tench and F1 carp. This lake is mainly used for club matches.

Carp Lake extending to approximately 1.8 acres with 17 pegs and a maximum depth of 15ft. Stocked with a large head of double figure carp to 38lbs, tench to 10lbs, grass carp to 18lb and catfish. Also holds large shoals of bream and roach.

The lakes were originally dug out for sand and gravel in the 1930s. The fishery has been managed to a particularly high standard under the current ownership. The fishery also has the benefit of the following:

o Access to all lakes by car
o Hard car-parking
o Overspill car-parking
o Complete security fencing around the property with
o electric gates on time clock
o 98 purpose built quality pegs, the majority with car-parking behind
o Comprehensively stocked lakes with aeration systems.

FACILITIES BUILDING
A purpose built facilities building was constructed in 2008 which provides the following:

• Accommodation on first floor, open plan kitchen, dining, lounge with feature fireplace, incorporating woodburner, French doors onto balcony overlooking a private koi pond. 3 Double bedrooms, 1 en-suite, family bathroom.

• Oasis Café providing in excess of 30 covers with purpose built fully fitted and equipped commercial kitchen providing hot and cold food and drink.

• Oasis Tackle Shop fully fitted and stocked selling a comprehensive range of tackle and bait.

• Caravan Site. A 5cl site is located in a quiet secluded area adjacent to the lakes screened with mature trees and shrubs with 5 well spaced pitches with 16 amp hook-ups.

• Static Holiday Cabin. The holiday cabin is located opposite the Facilities Building and has been operating for the 2011 season. Occupancy rates to date have been high.

THE FISHERY BUSINESS
A very successful and expanding business. The new café, tackle shop and caravan site have only been in operation for just over 2 years. Current turnover is in excess of £100,000 per annum. Full accounts are available to interested parties after viewing.

SERVICES
Mains water, electricity and drainage.

RATES
Facilities Building RV £5,600.00
Rates payable 2011/12 £596.40

Council Tax Band A
Payable 2011/12 £908.61

PLANNING
Planning permission granted for 5 additional touring van pitches with 16 amp hook-ups.

AGENTS' NOTES
Tenure & Possession
The property is offered for sale freehold as a whole with vacant possession on completion.

FIXTURES, FITTINGS & STOCK
The sale includes fixtures and fittings and fish stocks within the lakes, stock in the café and tackle shop. Fenn Wright are not liable in any way for the quality or quantity of the fish stocks, nor any death or disease that may affect such stocks. Purchasers must satisfy themselves as to the quality and quantity of the fish stocks prior to purchase.

RIGHTS OF WAY & EASEMENTS
The property is sold subject to and with the benefit of all existing Rights of Way, whether public or private, light, support, drainage, water and electricity supplied in other rights obligations, easements, quasi-easements and restrictive covenants or all existing proposed way leaves for masts, staves, cables, drains, water and gas and other pipes, whether referred to in these particulars or not.

MIS-DESCRIPTIONS
In view of the implications of the Property Mis-Descriptions Act, we must point out that none of the services, heating equipment, fittings or appliances have been tested and no assurances can therefore be given regarding their condition/suitability.

MEASUREMENTS
Any areas, measurements or distances referred to as approximate are given as a guide and are not precise. If such details are fundamental to a purchase, purchasers must rely on their own enquiries.

VIEWING
Viewing is strictly through appointment with Fenn Wright.

IMPORTANT NOTICE
Fenn Wright for themselves and the Vendor of this property whose Agents they are, give notice that:

The particulars are intended to give a fair and substantially correct overall description for the guidance of intending purchasers and do not constitute part of an offer or contract. Prospective purchaser/s and lessees should seek their own professional advice.

All descriptions, dimensions, areas, reference to condition and if necessary permissions for use and occupation and their details are given in good faith and believed to be correct. Any intending purchaser/s should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them.

No person in the employment of Fenn Wright has any authority to make or give any representation or warranty, whether in relation to this property or these particulars, nor to enter into any contract relating to the property on behalf of the Vendors.

No responsibility can be accepted for any expenses incurred by any intending purchaser/s in inspecting properties that have been sold, let or withdrawn.

LOCAL AUTHORITY
East Lindsey District Council
Tedder Hall
Manby Park
Louth
Lincs LN11 8UP

Telephone: 01507 601111

Photographs taken: 2011
Particulars prepared: August 2011

GUIDE PRICE: £975,000

*Safety Note to Fishery Buyers*

Please ensure care is taken when viewing and walking near to lakes and areas of water. Do not walk close to the edge of waterways, and ensure children are supervised at ALL times.

Lakes, Ponds & Rivers can be very dangerous so THINK SAFETY FIRST!

Terms & Conditions/Agents Notes