Development Of 22 Glamping Units, Reayrt Vradda, Ballafesson Road, Port Erin

Property Description

(Please Note: these units are for investment purposes, there will be a select number of pods and chalets available to private investors, these units will be the same as all the other pods and chalets and solely used for short-term holiday lets managed by Reayrt Vradda Ltd. none of the pods can or will be used as residential).

Located just outside the beautiful, beachside town of Port Erin, Reayrt Vradda Glamping will be largest, most luxurious glamping site on the Isle of Man. Home to twenty two luxury glamping pods, eight luxury chalets, a café and welcome centre, all set in 10 acres of secure, landscaped grounds with stunning views over the Manx countryside. Reayrt Vradda is just fifteen minutes walk from Port Erin town centre with its beautiful Reayrt Vradda Glamping will usher in a new level of glamping on the Isle of Man. beach, shopping streets, various pubs and restaurants, complete with steam railway connecting you to Douglas and the rest of the Island. Port Erin beach sits in a sheltered bay bordered by the tall cliffs of Bradda Head to the north. Its soft golden-white sand means it is a firm family favourite with many facilities such as swimming rafts, ice creams, cafes, kayak hire, fishing of the stone breakwater and boat tours available to visit the near by Calf of Man and stunning coast.

LUXURY GLAMPING POD

Accommodation

  • Kitchenette.
  • Living Room.
  • W.C.
  • Shower Room.
  • Bedroom.
  • BBQ Area.
  • Fire Pit.
  • Full Electrical installation and underfloor heating.
  • Each Property comes fully equipped ready to commence.

Additional Upgrades (Available Upon Request)

  • Hot Tub / Sauna.
  • Laminate / Hardwood Floors.
  • Upgraded Shower.
  • Upgraded Kitchen.
  • Upgraded Patio and BBQ Area.
  • Upgraded Furniture.

Price/Occupancy
Upon termination of the lease the property remains the possession of the current owner to relocate to their own home or sell back to the current owners of Reayrt Vradda.

The forecasted returns on the investment is currently ranging from 10 - 12% Per Annum.

The occupancy levels have been modelled using over 2 years worth of data from the companies 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 2 years, Glen Helen Glamping has been achieving around 65% occupancy. The forecasted figures show the potential return with an average site occupancy of 45%. Although we expect this to be much higher, which will give a considerably higher return to our investors, the current owners prefer to err on the side of caution.

LUXURY CHALET

Accommodation

  • Full Working Kitchen.
  • Living Room.
  • W.C.
  • Shower Room.
  • 2 x Bedrooms.
  • BBQ Area.
  • Fire Pit.
  • Full Electrical installation and underfloor heating.
  • Each Property comes fully equipped ready to commence.

Additional Upgrades (Available Upon Request)

  • Hot Tub / Sauna.
  • Laminate / Hardwood Floors.
  • Upgraded Shower.
  • Upgraded Kitchen.
  • Upgraded Patio and BBQ Area.
  • Upgraded Furniture.

Price/Occupancy
Upon termination of the lease the property remains the possession of the current owner to relocate to their own home or sell back to the current owners of Reayrt Vradda.

The forecasted returns on the investment is currently ranging from 10 - 12% Per Annum.

The occupancy levels have been modelled using over 2 years worth of data from the companies 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 2 years, Glen Helen Glamping has been achieving around 65% occupancy. The forecasted figures show the potential return with an average site occupancy of 45%. Although we expect this to be much higher, which will give a considerably higher return to our investors, the current owners prefer to err on the side of caution.

Waiver
Accurate at the time of publishing however we reserve the right to change without prior notice. This is not the legal specification document for contractual purposes.

Services
Mains water, electricity,  drainage. Electric fired central heating.

Rates
To be allocated.

Offers
All offers and negotiations through the offices of Cowley Groves & Co. Ltd.

Possession
Vacant possession will be given on completion by arrangement.

Viewing
Strictly by appointment through the Agents, Cowley Groves & Co. Ltd. 9 Parliament Street, Ramsey, IM8 1AS

To make an appointment through Managing Agents Cowley Groves:
Please contact our Ramsey office on 01624 812823 or email us on ramsey@cowleygroves.com
Cowley Groves are open Saturday 9.00am - 4.00pm

We look forward to being of service to you.
Cowley Groves Ramsey Team

Arrange a viewing

Please fill in the form below to arrange a viewing on this property

Your Name (required)

Your Email (required)

Phone Number

Your Message

Please answer the following (human check)

Contact Cowley Groves Douglas

© 2021 Cowley Groves Holdings Ltd

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close