Reayrt Vradda – Luxury Chalet

£90,000

Key Features

  • Underfloor Heating
  • 240v Electrics
  • Shower & Toilet
  • Full kitchen
  • 2 x Separate Bedrooms
  • King size Master Bedroom
  • Double bedroom
  • Double sofa bed
  • Outdoor Fire Pit
  • BBQ Area

Overview

Reayrt Vradda Glamping Ltd are offering the luxury glamping pods & chalets for sale on a SALE & LEASEBACK AGREEMENT. This model allows you to own a glamping pod or chalet with zero maintenance or site fees.

The two-bedroom chalets are manufactured on Island by a local timber frame specialist. With over 60sqm of living space, these chalets feature two separate bedrooms, bathroom, lounge, and fully fitted kitchen. All of Reayrt Vraddas Glamping Ltd’s units are built to exceed the current building control standards for tourist accommodation and will be maintained, in-house, at no additional cost to owners.

Reayrt Vradda Glamping Ltd’s leaseback agreement covers all costs, fees & maintenance, so owners have zero ongoing expenses in relation to the running of the site or their chalet. Each chalet is fully furnished and complemented with a 6 person hot tub*, deck area, fire pit & BBQ.

The occupancy levels have been modeled using over two & a half years’ worth of data from Reayrt Vradda Glamping Ltd’s sister site Glen Helen Glamping Ltd, along with 5 years of data obtained from the annual Isle of Man accommodation survey.

On average, over the last two & half years, Glen Helen Glamping has been achieving between 65% to 75% occupancy.

Through the summer months, Glen Helen Glamping have had to turn away a considerable number of bookings due to being fully booked from April through to mid-September.

We believe that Reayrt Vradda Glamping Ltd will operate at a similar, if not higher occupancy due to the much greater attraction of the site location along with the added amenities Port Erin has to offer.

*All furnishings and hot tubs are owned by Reayrt Vradda Glamping Ltd and provided for use by pod owners and guests.

At a Glance

  • Price
    £90,000
  • Status
    Available
  • Tenure
    Leasehold
  • Type
    Investment
  • Area (sq.ft)
    646

Contact the Agent

Contact the Agent

Ben Quayle

ben@blackgracecowley.com

01624 645550

Key Features

  • Underfloor Heating
  • 240v Electrics
  • Shower & Toilet
  • Full kitchen
  • 2 x Separate Bedrooms
  • King size Master Bedroom
  • Double bedroom
  • Double sofa bed
  • Outdoor Fire Pit
  • BBQ Area

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