Breaking up is hard to do, but pouring your heart out on paper is rather awkward. There is really no need for any other information in your resignation letter (including a reason __ which is completely optional). No effusive template and formatting effort is required. This is not a letter that is going to be hanging on anyone's wall, and it probably won't even be filed away!
You want your intent to be as direct as possible. You are leaving, plain and simple. There's no need to mention where you're going. You can discuss that with your boss (though you're not obligated to do so) and your colleagues if you want, but there's little purpose for including that in your resignation letter. That's especially true if you're moving over to a competitor__you don't want to create ill will in this letter or cause any drama.