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Adaptable Holiday Cottage Business Near Lake District For Sale

Gamblesby, Cumbria
Asking Price:
£700,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
Under £50K
Net Profit:
Under £50K

The farmhouse (Rutherby Farm) and adjoining cottages (The Barn, Hawthorn, Helm and Herdwick Cottages) are located in a peaceful village in the beautiful Eden Valley, near Penrith and the Lake District. They consist of an exclusive group of four cottages situated together around the courtyard along with the farmhouse, and were originally part of a 17th Century Farm and outbuildings.

The main 3-bed farmhouse is currently occupied by the owners, but has the potential to be used as a holiday let or rental home, while the adjoining holiday cottages briefly comprises of the following :-

The first is the largest cottage (The Barn) with a double room and a twin room. It was the original animal barn and retains its oak beamed ceiling, but is now organised in an "upside-down" fashion to make the most of the views and features. It also has a wood-burning stove, a washing machine and dryer.

The second additional cottage (Hawthorn Cottage), was originally the farmer's sty, housing the pigs in the property's heyday as a farm. It is all on ground floor level, which is ideal for people with limited mobility or families with young children/older dogs. It has a twin-bedded room with a ¾ sofa-bed in the lounge. There is a good sized kitchen diner and a bathroom with bath and overhead electric shower. Also, the cottage door is wider to allow easier access.

Helm Cottage was converted from its original use as the farm stables to the appealing cottage it is today. The spacious upper area with its fell-view consists of a king room, with an en-suite shower room. Downstairs consists of a large kitchen diner as well as a bonus lounge area with TV, so you can keep the "chef" company in comfort !

The fourth cottage (Herdwick) was the original Granary when the farm was built. More recently it has been converted into the cosiest of our four cottages. Upstairs consists of a double room with an adjoining bathroom that has a bath and overhead electric shower. Downstairs, you can relax in the lounge area, or prepare your meals in the kitchen diner with its adjacent breakfast bar.

Outside is a front garden, courtyard area and parking facilities, while the rear has a good-sized enclosed garden with a large patio accessed from the house.

Property information

Property:

Freehold

Living Accommodation:

The Farmhouse consists of the following -
Downstairs...
A large open-plan kitchen dining room, lounge with wood-burner, large utility/kitchen extension, laundry room and office with downstairs cloakroom.
Upstairs...
A large family bathroom with adjoining storage room (potential bedroom/office), two large double and a smaller double bedroom with access to the attic
Top floor...
Very large attic room with three velux windows (floored, carpeted with light and heat) which could be used as a bedroom, office, studio or a separate rental suite..

Location:

This is a quiet peaceful village away from main roads, but close enough to have the advantage of being able to easily reach main routes, tourist attractions and of course the Lake District, Hadrian's Wall, Carlisle and Scotland !
It’s a spectacular part of England encompassing wild landscapes, The Lake District and the Pennine Area of Outstanding Natural Beauty, rich in wildlife and heritage with small market towns, historic houses, good pubs, fast flowing streams and mellow valleys.
The Eden Valley is a destination in itself and is one of England's least populated and most un-spoilt landscapes. It has wonderful opportunities for walking on peaceful, scenic footpaths, cycling quiet lanes, visiting historic houses, enjoying the wildlife and even stargazing. It is within easy reach of Hadrian's Wall, a great family attraction, as well as the spectacular Lake District with all it has to offer and the wild walking of the Pennines. There is plenty to do even around the village and local areal - look out for red squirrels, barn owls, badgers, deer and many other animals and birds, or venture further afield into the rolling countryside of the Eden Valley with its many footpaths, cycle routes and bridleways.

Premises Details:

The property is situated on the main road as you enter the village. It is accessed by a gated entrance and is totally enclosed within its dry-stone walls that mark out its border. The house and cottages are built with red sandstone which is common to the area.

Business Operation

Expansion Potential:

Rutherby Farm has the potential to be let as a holiday cottage or used as a long term rental, and of course, as is currently used as owner accommodation.
The fact that Helm Cottage has an adjoining door to Rutherby Farm means that it can be used as an additional source of accommodation for the house (a student/granny flat), a long term let, or a separate holiday cottage as is currently used.
A lot of work has been done on the cottages over the last 2 years including new doors/windows, and many internal improvements. At this point in time, there are certain improvements and potential developments such as a wood-burner in one cottage, a dishwasher in another cottage etc.
The other possibility is the continuation of making the properties more environmentally friendly with bio-mass heating/solar panels etc as well as offering B&B within the house/cottages due to the regular passing of walkers and cyclists etc.

Competition / Market:

The village has a large holiday let sleeping up to 10 as well as another smaller holiday cottage. All the owners work together and support each other with bookings when needed.

Reasons for selling:

Unfortunate ill health in the family and change in circumstances of the owners.

Trading hours:

The business potentially operates 7 days a week for 12 months of the year, with the main business being short breaks (Mon-Fri and Fri-Mon) or weekly stays.

Employees:
None
Years established:
The business has been running for 10+ years, with plenty of repeat custom. The current owners have operated the business for 4 years, but due to family illness, has not operated the business full time.

Other Information

Support & training:

The current owners are happy to work with new owners to provide a handover and an introduction to the day to day running of the business.

Furniture / Fixtures value:
£5,000 - included in the asking price
Inventory / Stock value:
£1,000 - included in the asking price
Website:
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Related Documents:
Home based:
This business can be run from home.

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