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£6,000,000

Cleethorpes Pearl Holiday Park, 208 North Sea Lane, Humberston, Grimsby, DN36 4ET

Land size
20.8 acres

Key Features

  • Freehold interest in part of Cleethorpes Pearl Holiday Park
  • Long established and well regarded holiday park
  • Extending to approx. 20.8 acres
  • Extensive array of static pitches
  • 57 years unexpired term, tenant break in 2038
  • £330,000 per annum with RPI reviews

Description

We are instructed to sell a freehold ground rent investment subject to a lease to Riverhead Commercial Services Limited. The lease is dated 1 November 2018, expiring on 30 October 2083. There are 57 years unexpired. The rent passing is £330,000 per annum exclusive subject to RPI rent reviews. The next rent review is on 31 October 2028 and thereafter on a five yearly basis. There is a tenant only break clause on 31 October 2038 and thereafter on a 10 yearly basis.

The available freehold forms a substantial part of the Cleethorpes Pearl Holiday Park (formerly known as Beachcomber Holiday Park) and is situated in a prominent position at the junction of North Sea Lane and Kings Road to the south of Cleethorpes town centre and adjacent to Haven’s Thorpe Park Holiday Centre and close to Humberston Fitties. It is within walking distance of the beach which is situated approximately 500m east of the park with a coastal footpath and cycle path linking to the town centre and other sea-front amenities to the north.

Nearby attractions include Cleethorpes Coast Light Railway, Cleethorpes Golf Club and the Boating Lake. Meridian Point is a short distance away which is home to Parkway Cinema, 10 pin bowling and various food and beverage establishments. Traditional sea-front amusements and the Pier are located further to the north, adjacent to the main town centre.

Cleethorpes is a long-established and popular holiday resort, readily accessible from the major conurbations of South Yorkshire and Nottinghamshire with good links to the national motorway network via the A180.

Map Location

Property details

Tenure
Freehold
Council Tax Band
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Date Posted
2026-07-17

Market Value Analysis

Compared with 10 Bare & Undeveloped Land listings in Yorkshire and The Humber (10+ acres).

This Property£288,462 / acre
Bare & Undeveloped Land Average (10+ acres) £8,834 / acre
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Utilities & Restrictions

Utilities

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Rights & Restrictions

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Property Features

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Parking
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Contact Sanderson Weatherall, Humber

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