Lancashire canalside holiday destination and marina for sale

A Lancashire holiday accommodation with a 50-berth marina is on the market.

Property adviser Christie and Co has been instructed to market Tewitfield Marina which offers a 'unique blend of tranquil canalside living and high-quality self-catering accommodation' on the Lancaster Canal.

Owned and operated by Lake District Estates, the site comprises 33 stylish holiday apartments accommodating up to 134 guests, alongside over 50 private moorings for narrowboats and cruisers.

The marina benefits from 50 weeks permitted use per annum for its holiday apartment accommodation and year-round use for its marina moorings, with planning consent for the development of a further 10 apartments, offering scope to increase capacity by 22 guests.

Tewitfield’s peaceful setting, adjacent to the Longlands Country Inn and Restaurant, and its dog-friendly, high-quality accommodation make it a popular choice for families, couples and groups.

With revenue streams from mooring fees, service charges, ground rents and property sales, the business offers a diversified income profile with strong development potential.

Lake District Estates has taken the decision to sell Tewitfield Marina in order to concentrate future investment and growth within its core business area, the development and operation of high-quality holiday parks. Offers are invited for the freehold, going concern business.

Richard Lancaster, chairman of Lake District Estates, said: “We are incredibly proud of what we have achieved with Tewitfield Marina and of the talented team who helped develop the business.

"However, as our portfolio evolves, it is our intention to focus our energy and investment on the areas where we have scale.

"This decision supports us in this aim and the operation of Tewitfield Marina will continue as normal throughout the sale process.”

Jon Patrick, head of leisure and development at Christie & Co, who is overseeing the sale process, added, “Tewitfield Marina is a hidden gem in the North West leisure market. Its proximity to the Lake District, Yorkshire Dales and Forest of Bowland makes it a superb base for holidaymakers, while the Lancaster Canal offers one of the longest lock-free cruising stretches in the country.

"The business has been carefully developed and managed, and presents an excellent opportunity for new owners to build on its success.

"We expect interest from a wide range of parties including holiday park operators, leisure investors and those seeking a strategic leisure business foothold in the region.”

To find out more, visit the property page here: https://www.christie.com/5490068/