Terry
LIFE MEMBER
Totally agree..
now let's suppose you already have a 3 - 4 acre field.. that's roughly enough space for 90 to 120 pitches at a density of 30 per acre .. the recommended maximum ..
You install access roads, hard standing, water and sewage + EHU points .. you do a lot of work yourself with friends .. but still spend £100k .. I know, not a lot but bear with me..
so.. do you 'sell' each plot for £1k which only gives you back £100k .. or let them out at £20 per night with say 30% occupancy which gives you an annual gross income of £220k .. what do you choose to do.. ?
No brainer really .. no point in selling an asset when it can reap more leasing it..
But if you don't own a field and have to buy one ---- that's where investers stand to both recoupe and make the profit
terry