Business for Sale in Great Yarmouth, Norfolk - MAJOR TOURIST ATTRACTION - Leasehold: £560,000

Key Information

Ref
M33126E
Type
Entertainment & Leisure Businesses: Tourist Attractions
Location
England: Norfolk
Tenure
Leasehold
Status
Sold
Download Particulars Add to my favourites

Request Particulars

Please fill the form in below to request particualrs via e-mail for Business Ref : M33126E

Call us on 01603 280873

This is undoubtedly one of Yarmouth's best loved family attractions. Merrivale model village has stood the test of time and is firmly established as a 'must see' by the many tens of thousands of locals and tourists alike who flock to the most visited resort in Norfolk.

Winner of the 2016 Greater Yarmouth Business of the Year in the Leisure Industry this is a winner in many respects. Enjoying one of the best locations, being situated between Wellington Pier and Pleasure Beach, this iconic, highly profitable business comes to market presenting a rare and real opportunity to acquire a highly profitable venture.

The vendors have continuously invested to maintain, upgrade and refresh the attractions so there are many repeat visitors who enjoy this multi faceted offering.

Only for sale as the vendors now wish to enjoy a well earned retirement, this is presented in tip top condition regardless of cost as a visit to this premier attraction will prove.

ACCOMMODATION

ALL MEASUREMENTS ARE APPROXIMATE AND FOR GUIDANCE ONLY

Located at the top end of Marine Parade, the premier strip in Great Yarmouth, Merrivale Model Village has been a landmark for generations of locals and tourists alike. Each year the vendors introduce new buildings and sites, this year the 'X Factor stage' and the 'Merrivale Eye' have had queues down the road. Spread over an acre of prime land, this is a destination in itself. It is one of only a few sites that stretches from Marine Parade to the beach. With many attractions within, tourists can happily while away time and leave happy, as the many positive testimonials on Tripadvisor and other social media will testify.

Immaculately maintained, the grounds lovingly tended by the full time gardener, plus seasonal help and one fill time maintenance/model person, this business is ready to go and requires no further expenditure apart from routine maintenance.

For full details of all the many parts of this award winning venture visit the website at merrivalemodelvillage.co.uk.

THE BUSINESS ITSELF

This highly profitable business generated a turnover of nearly £350,000 in 2015 with the exceptionally high G.P. you would expect. The projections for 2016 show further growth reflecting the continuous investment undertaken by the vendors. With income from a variety of sources including rent from four units which are rented out on full repairing leases, an amusement arcade, tea room (currently let), nine hole crazy golf, film and T.V. location work, this is a perfect business for new, younger owners to take on and take to the next stage.

Only for sale as the vendors wish to retire, this landmark business will suit the most discerning of purchasers and an early viewing is highly recommended.

Copyright © EMF Group Ltd 2017 Company No: 987654321 - VAT: 111 1234 56