Guide Price £795,000

Oasis Lakes, Warren Road, North Somercotes, Lincolnshire

  • Area

    area
    9Acres

General information

An opportunity to acquire a busy and successful lifestyle business. Located on the East Coast of Lincolnshire, drawing holidaymakers from the Midlands and surrounding areas.

Oasis Lakes comprises three well stocked coarse fishing lakes, facilities building including three bedroom accommodation, tackle shop, café, toilets and showers, together with two bedroom static caravan and 27 pitch touring (and seasonal pitch) site.

Location
Oasis Lakes is situated in the popular seaside village of North Somercotes with good access to the seaside resorts of Skegness and Mablethorpe and 40 miles from Lincoln.

Situation
The property is positioned on the southern outskirts of North Somercotes, a larger than average village with post office, shops, public houses and some sports facilities.

The Fishery
Oasis Lakes extends to approximately 9 acres having been excavated during the 1930s for sand and gravel. The Lakes are well stocked with coarse fish and a large number of carp. The present owners purchased the property in 2006 and have made significant improvements to both the fishery and the property.

Island Lake-approximately 0.8 acres with 29 pegs and a maximum depth of 6 feet. Stocked with carp to 20lb, ghost carp to 20lbs, F1 carp, tench, roach, rudd, perch, chub crucian carp and bream.

Roadside Lake-approximately 1.4 acres with 49 pegs and a maximum depth of 10 feet. Stocked with carp to 26lb, ghost carp to 23lb, silver fish, bream, tench and F1 carp and ide. This lake is suitable for club matches.
Island and Roadside Lake are subject to an ongoing annual restocking programme.

Carp Lake-approximately 2 acres with 18 pegs and a maximum depth of 15 feet. Stocked with a large head of double figure carp to 32lbs, tench to 10lbs, grass carp to 18lb and catfish. Also holds large shoals of bream and roach.

The fishery has been managed to a particularly high standard under the current ownership. The fishery also has the benefit of the following:

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

Caravan Site
Located in the middle of the site in a secluded area adjacent to the fishing lakes, there are 7 seasonal and 20 touring pitches, spread over two fields, with 16amp hook-ups and hard stands on each pitch. The caravan site has fresh water supply and a chemical disposal point. Toilets and showers are available and are located in the main principal building.

In addition to the touring pitches, located near the entrance to the site, is a 2 bedroom Granada Static Caravan, rented out between 15th March and 31st October, and Planning Permission for a second static caravan has been granted, but has not been installed.

Facilities Building
A purpose built facilities building was constructed in 2009 and provides the following facilities:

Ground Floor
Café-a purpose built popular café with 30 covers and fully fitted and equipped commercial kitchen providing hot and cold food and drinks.

Tackle Shop-a fully fitted and stocked tackle shop selling a range of tackle and bait.
Adjacent to the café are toilets and showers.

First Floor
Ground floor entrance hallway with Light Oak stable-door, smoke alarm, door leading to Workshop/Store and staircase to:

First Floor Landing: opening into the hallway with recessed cupboard with shelving, smoke alarm and loft access to roof void.

Open-plan Lounge, Dining and kitchen: Very spacious area with vaulted ceiling including 4 opening skylight tilt and turn windows, 2 conventional windows and a pair of French doors which opens onto the very large balcony. Kitchen base and wall units with 1.5 bowl sink unit, 4 plate electric stainless steel hob with oven beneath. Roll-edge worktops with Italian Trevino tiled splashbacks. Fire opening with cast iron LPG log burner inset. Light oak Karndean flooring throughout.

The Balcony is very spacious and has a timber decked floor, solid side walls and pine pillared balustrade overlooking a small ornamental pond with further views across to one of the large lakes.

The Master Bedroom with ensuite double shower cubicle backed with black and white marble effect mermaid boarding, and glazed tiling to remaining walls. Slim-line dual flush low level WC and wash basin all in white; chrome ladder style radiator; LED lit mirror over wash hand basin; shaver socket and Karndean flooring in black and white marble. Bedroom has two double glazed windows one to the east and one facing north which overlooks another of the 3 lakes. Ample 3pin sockets and TV aerial socket plus telephone socket.

Two further double bedrooms and a family bathroom fitted with modern white suite, large square panelled bath with shower over and glass shower screen. Mermaid boarding around bath/shower area and white glazed tiling to remaining walls. Over-mirror light with shaver socket.

The Business
Full accounts are available to interested parties after viewing.

Services
Mains electric and water, central heating and hot water for the whole building are by gas.

CCTV - 8 camera system covering internal and external areas, night lighting plus wireless alarm system. Main Gates are electronic set on a time clock with keypad operation or by key fob.

Rates
Facilities Building, touring pitches and static caravan Rateable value - £8,200

Rates payable 2019/20 £0-The business currently qualifies for 100% small business rate relief.
Council Tax Band A
EPC - B

Caravan Site Licence
East Lindsey Council have confirmed in January 2020 that the season can now operate from the 1st March-5th January, subject to planning approval.

Planning
Application No. N/132/00955/07 states that the residential element of the facilities building is to be occupied by the owner or manager of the complex.

Application No. N/132/02508/18 - planning permission granted for change of use of the existing café and kitchen to provide additional ground floor living accommodation to existing dwelling.

Planning Permission for 5 camping pods was secured in 2019. (N/132/02507/18)

Local Authority
East Lindsey District Council
Tedder Hall
Manby Park
Louth
Lincs LN11 8UP
Telephone: 01507 601111

Property summary

An opportunity to acquire a busy and successful lifestyle business. Located on the East Coast of Lincolnshire, drawing holidaymakers from the Midlands and surrounding areas.

Oasis Lakes comprises three well stocked coarse fishing lakes, facilities building including three bedroom accommodation, tackle shop, café, toilets and showers, together with two bedroom static caravan and 27 pitch touring (and seasonal pitch) site.

Location
Oasis Lakes is situated in the popular seaside village of North Somercotes with good access to the seaside resorts of Skegness and Mablethorpe and 40 miles from Lincoln.

Situation
The property is positioned on the southern outskirts of North Somercotes, a larger than average village with post office, shops, public houses and some sports facilities.

The Fishery
Oasis Lakes extends to approximately 9 acres having been excavated during the 1930s for sand and gravel. The Lakes are well stocked with coarse fish and a large number of carp. The present owners purchased the property in 2006 and have made significant improvements to both the fishery and the property.

Island Lake-approximately 0.8 acres with 29 pegs and a maximum depth of 6 feet. Stocked with carp to 20lb, ghost carp to 20lbs, F1 carp, tench, roach, rudd, perch, chub crucian carp and bream.

Roadside Lake-approximately 1.4 acres with 49 pegs and a maximum depth of 10 feet. Stocked with carp to 26lb, ghost carp to 23lb, silver fish, bream, tench and F1 carp and ide. This lake is suitable for club matches.
Island and Roadside Lake are subject to an ongoing annual restocking programme.

Carp Lake-approximately 2 acres with 18 pegs and a maximum depth of 15 feet. Stocked with a large head of double figure carp to 32lbs, tench to 10lbs, grass carp to 18lb and catfish. Also holds large shoals of bream and roach.

The fishery has been managed to a particularly high standard under the current ownership. The fishery also has the benefit of the following:

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

Caravan Site
Located in the middle of the site in a secluded area adjacent to the fishing lakes, there are 7 seasonal and 20 touring pitches, spread over two fields, with 16amp hook-ups and hard stands on each pitch. The caravan site has fresh water supply and a chemical disposal point. Toilets and showers are available and are located in the main principal building.

In addition to the touring pitches, located near the entrance to the site, is a 2 bedroom Granada Static Caravan, rented out between 15th March and 31st October, and Planning Permission for a second static caravan has been granted, but has not been installed.

Facilities Building
A purpose built facilities building was constructed in 2009 and provides the following facilities:

Ground Floor
Café-a purpose built popular café with 30 covers and fully fitted and equipped commercial kitchen providing hot and cold food and drinks.

Tackle Shop-a fully fitted and stocked tackle shop selling a range of tackle and bait.
Adjacent to the café are toilets and showers.

First Floor
Ground floor entrance hallway with Light Oak stable-door, smoke alarm, door leading to Workshop/Store and staircase to:

First Floor Landing: opening into the hallway with recessed cupboard with shelving, smoke alarm and loft access to roof void.

Open-plan Lounge, Dining and kitchen: Very spacious area with vaulted ceiling including 4 opening skylight tilt and turn windows, 2 conventional windows and a pair of French doors which opens onto the very large balcony. Kitchen base and wall units with 1.5 bowl sink unit, 4 plate electric stainless steel hob with oven beneath. Roll-edge worktops with Italian Trevino tiled splashbacks. Fire opening with cast iron LPG log burner inset. Light oak Karndean flooring throughout.

The Balcony is very spacious and has a timber decked floor, solid side walls and pine pillared balustrade overlooking a small ornamental pond with further views across to one of the large lakes.

The Master Bedroom with ensuite double shower cubicle backed with black and white marble effect mermaid boarding, and glazed tiling to remaining walls. Slim-line dual flush low level WC and wash basin all in white; chrome ladder style radiator; LED lit mirror over wash hand basin; shaver socket and Karndean flooring in black and white marble. Bedroom has two double glazed windows one to the east and one facing north which overlooks another of the 3 lakes. Ample 3pin sockets and TV aerial socket plus telephone socket.

Two further double bedrooms and a family bathroom fitted with modern white suite, large square panelled bath with shower over and glass shower screen. Mermaid boarding around bath/shower area and white glazed tiling to remaining walls. Over-mirror light with shaver socket.

The Business
Full accounts are available to interested parties after viewing.

Services
Mains electric and water, central heating and hot water for the whole building are by gas.

CCTV - 8 camera system covering internal and external areas, night lighting plus wireless alarm system. Main Gates are electronic set on a time clock with keypad operation or by key fob.

Rates
Facilities Building, touring pitches and static caravan Rateable value - £8,200

Rates payable 2019/20 £0-The business currently qualifies for 100% small business rate relief.
Council Tax Band A
EPC - B

Caravan Site Licence
East Lindsey Council have confirmed in January 2020 that the season can now operate from the 1st March-5th January, subject to planning approval.

Planning
Application No. N/132/00955/07 states that the residential element of the facilities building is to be occupied by the owner or manager of the complex.

Application No. N/132/02508/18 - planning permission granted for change of use of the existing café and kitchen to provide additional ground floor living accommodation to existing dwelling.

Planning Permission for 5 camping pods was secured in 2019. (N/132/02507/18)

Local Authority
East Lindsey District Council
Tedder Hall
Manby Park
Louth
Lincs LN11 8UP
Telephone: 01507 601111

Features

  • Established, successful lifestyle business
  • Three bedroom owner's accommodation
  • 27 pitch touring caravan site
  • Three well stocked coarse fishing lakes
  • Café and tackle shop with planning permission for change of use to additional residential accommodation
  • Two bedroom static caravan

Map

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