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Profitable Coastal Holiday Cottages In North Devon For Sale

Watermouth nr Ilfracombe & Combe Martin, Devon, UK
Asking Price:
£1,100,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
£50K - £100K
Net Profit:
£50K - £100K

Last 12 months mass sales of properties in the SW
Shortage of Properties here and lifestyle business ventures !

Unique lifestyle opportunities here …

Want a lifestyle change ?
Ready to put your mark on this complex ?
Situated on the beautiful North Devon coast (200 yards from the South West Coast path and the sea), Watermouth Cove Cottages are a group of 8 beautiful self-catering holiday cottages. Built in the 17th century and once the coaching houses and stables of Watermouth Castle, the cottages were converted to holiday accommodation in the 1970’s.

The location is truly what sets this business apart from other holiday resorts on the market.

Set in an area of outstanding natural beauty (ANOB), these cottages could offer any potential buyers a great lifestyle opportunity mixed with a fantastic business adventure.
Previously the business has been run from a separate property and now from one of the cottages. As one of the cottages has residency, this business opportunity allows any future buyer to use a cottage as their own accommodation.

With positive Google Business and social media reviews, the business has already started establishing a positive online reputation. There is also a set up website with a secure online booking system in place and AirBnb account

The cottages are open all year round and come with ample parking spaces.

Guests enjoy staying here as the cottages have their original features and a cosy charm.
There is also a pet friendly policy, with lots of great dog walking routes nearby.

The location is perfect for tourists, as the cottages are near:

• Watermouth Castle, a great theme park for little ones.
• Watermouth Harbour, with a lovely boat cafe and walking distance to a dog friendly pub.
• Berrynarbor, a pretty award winning village with a fabulous post office and grocery store.
• Ilfracombe, with an array of shops, eateries, cinema, theatre and beach.
• Combe Martin, with a museum, shops, pubs and eateries.

• Gateway to Exmoor

Change of use subject to PP

For more information, please contact the seller through the form below.

Property Information

Property:

Freehold

Living Accommodation:

One cottage has residency but the business has also been run from a separate property nearby .

Location:

Watermouth is an elite area between Berrynarbor, Combe Martin & Ilfracombe

Premises Details:

8 Holiday cottages - 5 sleep 1-4 and 2 sleep 1-6 and 1 sleeps 1-8
I cottage has residency - you can amend brim business rates to council tax another to live in too

Energy Performance Rating:
C

Business Operation

Expansion Potential:

Possible additional eco lodge / owners house in back garden subject to PP but has been investigated - as there is access

Competition / Market:

Situated in a stunning location
AONB
Watermouth Cove cottages are adjacent to the grounds of Watermouth Castle

Reasons for selling:

Reluctant sale
Personal changes
New projects ..

Trading hours:

24/7 but answerphone and emails assist plus a secure online booking website.

Employees:
2
Years established:
40 plus

Other Information

Support & training:

Full hand over assistance

Furniture / Fixtures value:
£25,000 - included in the asking price
Inventory / Stock value:
£7,000 - included in the asking price
Website:
Login or register to view link
Home based:
This business can be run from home.

Contact Seller

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