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Unique Lifestyle Business - 8 Holiday Lets For Sale

Berrynarbor, Devon
Asking Price:
£899,950
Turnover:
£50K - £100K
Net Profit:
Available on request

• Located close to the natural harbour at Watermouth Cove
• Courtyard of 8 cottages and apartments including a private 3 bedroom owner’s cottage
• All adjoining the grounds of Watermouth Castle
• Within 200 yards walking distance of the sea
• Established and improved trading history – gross turnover £82,000.
• Acquired by our clients some years ago as a thriving business, our clients stated the following: ‘Having inspected 18 businesses and cottages in the UK and overseas we purchased Watermouth Cove Cottages because the area was beautiful and stunning. It is an ideal base to tour Exmoor National Park as well as being on the South Coastal Footpath, but above all the biggest draw was the strong books which made the property financially secure.’

This courtyard cottage complex of self-catering holiday cottages and apartments was converted from a former coach house and stabling of the adjoining Castle.
The property now provides eight letting units including the 3 bedroom Smugglers Cove Cottage which has previously been let but can be used as the owner’s cottage.
The cottages are nestled around a grass lawned courtyard, with the benefit of valuable onsite parking and to the rear is a small mature garden.
The business will be offered for sale, fully furnished and equipped with trade inventory (excluding those items of a personal nature).

The cottages have been converted from traditional buildings and provide self-contained holiday letting cottages. They include flat screen colour televisions with DVD players and are electrically heated with 6 of the cottages also having cast iron wood burning stoves. Each kitchen is equipped with a range of modern base cupboards, electric cookers, microwave ovens, dishwashers and fridge/freezers. Each of the holiday properties have an outside area with seating.

Property information

Property:

Freehold

Living Accommodation:

The property now provides eight letting units including the 3 bedroom Smugglers Cove Cottage which has previously been let but can be used as the owner’s cottage.

Location:

In an area of outstanding national beauty, located on the dramatic North Devon coastline and within only 200 yards of the sea, the property is in a unique location within the shadow of Watermouth Castle and grounds, a family theme park and entertainment centre. The property is located just off the A399 between Ilfracombe and Combe Martin. Nearby is the awarding village of Berrynarbor with its village post office and pub called The Olde Globe Inn. Barnstaple the regional centre of North Devon is located 12 miles to the North; it has excellent transport connections via the North Devon link road and the M5 motorway at Junction 27 and the regional railway station connecting to the main network at Exeter.

Energy Performance Rating:
F

Contact Information

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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