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Riverside Caravan Park, Elgin, IV30 8UN presents an attractive opportunity to acquire a well-established seasonal caravan and touring park set within a peaceful riverside environment in the heart of Moray. Extending to approximately 6.1 hectares (15.07 acres), the property comprises a well-configured caravan park occupying around 2 hectares, with the remaining land offering significant amenity and development potential, subject to the necessary statutory consents.
The park currently accommodates 40 residential caravans alongside 28 touring pitches, in addition to a small campsite area suitable for tents. The residential caravan pitches generate income through annual ground rents, payable in a single instalment at the start of each operating season, providing a stable and predictable revenue stream. Touring pitches are let on a nightly basis at a rate of ยฃ35 per night, with supplementary charges applied for electrical hook-up, offering strong seasonal income potential during peak months.
The park operates from April through to October and benefits from a loyal customer base, with repeat visitors contributing to consistent occupancy levels. Facilities on site include a shower block, washing area, and a small reception and shop, which provides scope for enhancement and expansion to increase ancillary income. Maintenance and gardening are currently outsourced, and there are no employees subject to TUPE, allowing for a straightforward operational transition for an incoming purchaser.
Riverside Caravan Park is held on a lease from Moray Council, offering an accessible entry point into the holiday park sector without the capital outlay associated with freehold acquisition. The overall site extends well beyond the developed caravan area, with approximately 4 hectares of additional land currently used for recreational purposes, including open green space, a small playing pitch, and designated dog walking areas. This surplus land provides clear potential for further development, subject to planning permission, including the possibility of expanding the existing caravan provision or exploring alternative uses such as a residential park.
The location of the park is a key strength, situated on the outskirts of Elgin, a thriving market town and administrative centre for Moray. The area is renowned for its rich heritage, scenic landscapes, and strong tourism appeal. Elgin itself offers a range of amenities, including shops, restaurants, and leisure facilities, while also being home to the historic Elgin Cathedral. The park is ideally positioned to capitalise on the popularity of the wider region, particularly the internationally recognised Speyside Whisky Trail, which attracts visitors from across the UK and overseas. The trail features a number of world-famous distilleries, offering tours and tastings that contribute significantly to the area's tourism economy.
Moray is widely regarded as one of Scotlandโs most attractive holiday destinations, benefiting from a combination of coastline, countryside, and cultural attractions. Outdoor pursuits such as walking, cycling, fishing, and golf are readily available, while the nearby Moray Firth coastline is known for its beaches and wildlife, including dolphin spotting. The area experiences strong seasonal demand, particularly during the summer months, supporting the ongoing success of holiday accommodation businesses such as Riverside Caravan Park.
From an investment perspective, the property offers a compelling blend of established income and future growth potential. There is clear scope to enhance the existing facilities, increase pitch numbers, and improve the on-site retail offering. Furthermore, the undeveloped land presents a longer-term opportunity for expansion or diversification, subject to planning. The combination of a desirable location, proven trading history, and development potential positions Riverside Caravan Park as an attractive acquisition for both experienced operators and those seeking entry into the holiday park sector.
