Basic Yearly Earnings & Asking Price
Yearly Income
The breakdown is as follows: Ground rent for plots €3300 or €4000 per year paid one year in advance in full, the rates are due for review.
27Plots x 3300= €92,400
1 plots x 3600 = €3600
2 Plots x 4000= €8000
Bar / Restaurant Rent = €5400 a year rent or
The bar and Restaurant can take
€7000 a month in takings if not rented out.
(bar lease is usually sold at €40,000 for 5 years)
Shop Rent = €3000 per year
(shop lease is usually sold at €30,000)
Bike Hire Business Rent €3000 per year rent (not rented out at the moment)
(Bike Business lease is usually €40,000 for 5 years)
Apartment 2 rent is €4200 per year
Wooden House rent is €6000 per year ( this has 5 years left on a lease, then rent starts again or the property is vacated.
All plots have electricity and water meters paid by customers quarterly. The campsite also has a digital flow meter measuring water consumption.
Sales of caravans, each year on average two caravans go up for sale and bring in 20% commissions to the campsite, on average this ranges from €7,000 to €20,000 per year.
The properties on the plot of 8,000 m2 are valued as follows:
Three bed Villa
€185,000
Bar, Restaurant, Shower Block, shop
€200,000
Apartments
€100,00
Wooden House
€65,000
Campsite licences
€45,000
On going Businesses
Over €100,000 per year in rents.
The campsite with the Villa is up for offers above €685,000 this includes all properties and licenses.