Family Home & Holiday Cottages In North Devon For Sale

Business description

HIGHLIGHTS:
• Fantastic lifestyle opportunity to operate a business from home and generate significant income
• Potential to develop the site to its full potential (possible building plot STPP)
• Multiple permutations to create an individual letting/home combination
• Ideally located close to key tourist attractions

BUSINESS:
A character filled 4 bed semi detached cottage with exposed stone and wood beams and wonderful gardens that incorporate:
• A delightful and detached 2 bed self contained cottage, that could either be let on an AST basis or holiday let
• Two, 2 bed units with en-suite facilities
• An office which can either remain, or converted to extend the living accommodation for letting/owner occupier
• Single garage
• Extensive parking
• Landscaped and established gardens

LOCATION:
Instow near Barnstable

YEARS ESTABLISHED:
The property was purchased 9 years ago and has been extensively modernized since then incorporating some very interesting design features.

TRADE:
The beauty of this property and business as a whole is the adaptable nature to suit the owner. For example, the main house could equally be used to provide owners occupation exclusively, as a bed and breakfast option or fully let on an AST.

Additionally, there are many combination of letting permutations available for the self contained and accommodation only units on site.

The prospective owner would need to satisfy themselves that the combination they considered offered the income potential and personal accommodation required for their purposes.

REASON FOR SALE:
The owner wishes to pursue other ventures and to be closer to family.

DESCRIPTION OF PROPERTY AND ACCOMMODATION:

MAIN HOUSE:
The ground floor consists of a large open plan living room, with both formal and informal dining areas. There is a fitted kitchen / diner, a conservatory and a utility room. On the first floor there are four bedrooms, three of which are doubles. There is also a family bathroom.

SINGLE STOREY DETACHED COTTAGE:
This cottage has two double bedrooms, a bathroom and a large open plan living / dining / kitchen area.

FURTHER BUILDINGS:
In an additional block there are two 2 bed en suite letting units as well as a spacious office. There is also a single garage attached to this block.

OUTSIDE:
The substantial grounds comprise exquisite gardens laid to lawn, decked and wild areas leading to the detached self contained cottage and beyond to a copse.

Ample parking for 6-8 cars.

TENURE:
Freehold

LEGAL FEES:
Vendor and purchaser will be expected to meet their own legal cost.

LOCAL AUTHORITY:
North Devon District Council

SERVICES:
All mains services connected

COMMENTS:
Rarely is there the opportunity that this property provides. You could run:
Bed & Breakfast;
• with sleeping accommodation detached from the main living accommodation
• with rooms available within the main house
Holiday Lets;
• just bedrooms
• self contained, detached 2 bedroom holiday cottage
Assured shorthold tenancy on the detached 2 bedroom cottage
Office
• Let the office out to a small business,
• run painting or craft classes from it, alternatively,
• Convert into sleeping accommodation to increase the letting income.
Redevelopment
• There is scope (subject to planning) to consider developing the detached cottage and building a new property on the site.

GUIDE PRICE:
The vendors are seeking £495,000 plus stock at valuation, for the freehold, business goodwill, fixtures, fittings and equipment, subject to inventory.

SELLERS REFERENCE: DC2071

Property information

Property:

Freehold