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Commercial property for sale
- 15 x high quality, well equipped lodges, 6 with hot tubs
- 4 bedroomed owners house with private garden and parking
- 4 x fishing lakes, well stocked with a variety of coarse fish
- Approximately 20 acres (8 hectares) and set down a tree lined woodland drive
- Turnover circa £200,000
- Self Catering booking agency currently employed, scope for increased owner management
- Potential for further lodge development subject to necessary planning
The holiday complex is located approximately 4 miles East of Bideford in a rural setting set amongst mature woodland surrounded by Devon farmland. The development is therefore ideally placed for touring the North Devon countryside being within approximately 8 miles South of Barnstaple and 3 miles from Torrington. The property is also within easy access of Instow and the seafront on the River Torridge Estuary. Nearby holiday destinations include Westward Ho!, the picturesque port of Bideford with the market town of Barnstaple to the North and beyond this the beaches at Croyde, Saunton and Woolacombe.
Situated in approximately 20 acres of idyllic woodland and set down a tree lined drive the complex offers a peaceful and retreat like holiday destination. Over a number of years our clients have developed 15 quality holiday lodges as well as an owner's 4 bedroomed dwelling (subject to a Section 106 agreement), all of which are accessed by well developed tar macadam roads. Set within the mature woodland are -4 lakes, well stocked for coarse fishing, a wide variety of established flora and fauna and plenty of pathways for woodland walks in which to spot some of the local wildlife. There is ample potential for further lodge development subject to the necessary consents. Torridge District Council have indicated in writing that such development is likely to be in accordance with Policy ECD6: Tourist Development Criteria, but potential purchasers are advised to make their own enquiries.A further 7.3 acres (2.96 hectaces) and two additional lakes are available by separate negotiation.
Our clients currently employ two booking agencies to let the holiday accommodation, Hoseasons and Farm and Cottage Holidays, who on average charge a commission of c. 20%. It is thought that should new owners wish to manage the letting of the accommodation themselves then this could represent a considerable saving. Last year turnover was approximately £200,000 from holiday letting from March - December, the complex being closed in January and February. NOTE: The lodges have no restriction on all year round letting. Accounts will be made available to interested parties once they have inspected the complex. The lakes are currently for the sole use of guests, although this could be extended to outside visitors by way of day passes should new owners wish. Change over days are currently Tuesdays and Saturdays, with a pool of up to 8 part time cleaners employed at the peak of the season.
We understand that grants and other subsidies from the Forestry Commission may be available for timber production and access ways to the woodland. Potential purchasers are advised to make their own enquiries.
STOCK & INVENTORY
Any current stock to be purchased at valuation upon completion.The property is sold with an inventory of trade fixtures, fittings and equipment.
THE MAIN RESIDENCE
The owners four bedroomed house, was completed in 2007 and is set aside from the holiday lodges and has a private lawned garden to the side, double garage and parking to the front of the property for 2 - 3 vehicles. All ground floor rooms have solid oak floors, with fitted carpets to the first floor.MAIN ENTRANCE HALLWith radiator, under stairs walk-in cupboardOFFICE/LAUNDRY ROOM 10`1 x 10`11 (3.05 m x 3.35 m) Tiled floor, double glazed windows, radiator.
MAIN ENTRANCE HALL
With radiator, under stairs walk-in cupboard
OFFICE/LAUNDRY ROOM - 10' 1'' x 10' 11'' (3.07m x 3.33m)
Tiled floor, double glazed windows, radiator.
Dining Room - 13' x 10' 7'' (3.96m x 3.23m)
Radiator, double aspect windows double glazed, double internal doors to
Sitting Room - 19' 1'' x 13' 2'' (5.82m x 4.01m)
Double aspect windows double glazed, double glazed patio door to garden, stone fireplace with mantel over, 4 double wall light points, door to Hallway.
Tiled floor, low level toilet, pedestal wash hand basin, radiator.
Kitchen/Breakfast Room - 17' 9'' x 13' (5.41m x 3.96m)
L-shaped. Radiator, double patio doors to garden, double glazed window, tiled floor, laminated work surfaces, 2 built-in kitchen units and matching wall cupboards, built-in electric cooker, electric hob, single drainer sink unit with mixer tap, access to:
Utility room - 9' x 7' 9'' (2.74m x 2.36m)
Radiator, tiled floor, 2 double wall cupboards, built-in laminatedwork top with cupboards under, door to outside from which access is gained to rear door to:
Master bedroom - 17' x 13' (5.18m x 3.96m)
17`0 x 13`0 (5.20 m x 3.95 m) 2 radiators, double aspect windows double glazed and EN SUITE SHOWER ROOM/WC 8`8 x 10`6 (2.65 m x 3.20 m) Pedestal wash hand basin, low level toilet, radiator, shaver light and point, walk-in large shower cubicle
Bedroom 2 - 9' 1'' x 10' 10'' (2.77m x 3.3m)
Radiator, double glazed window
Bedroom 3 - 13' 2'' x 12' 1'' (4.01m x 3.68m)
Radiator, double glazed window
Bedroom 4 - 9' 8'' x 12' (2.95m x 3.66m)
Radiator, double glazed windows
Integral Garage - 17' x 14' (5.18m x 4.27m)
Up and over door, open rafter beams ideal for storage.
Family Bathroom - 9' 4'' x 7' 9'' (2.84m x 2.36m)
Pedestal wash hand basin, shaver light and point, low level toilet, shower cubicle, panelled bath, heated towel rail, radiator, tiled floor
The lodges are beautifully equipped including full size ovens, 4 ring hobs, washing machines, fridge freezers (except Kingfisger and Woodpecker) etc and all furniture, fixtures and fittings are included in the sale.KINGFISHER (Sleeps 6)With 3 bedrooms. 1 double bedroom with single bed upstairs, 1 double and 1 single bedroom downstairs, large Lounge with Dining and Kitchen areas being fully fitted with the usual accessories, Bathroom separate Shower/WC, hot tub on the veranda.WOODPECKER (Sleeps 2)In a more secluded area this offers privacy being perfect for couples and honeymooners looking for a romantic retreat. This dwelling has 1 double bedroom upstairs which is reached by a ladder. The bedroom leads onto a balcony with views of the lake and woodland, ideal for warm summer evenings. Downstairs there is a Bathroom with shower over and W.C. Lounge/Kitchen/Dining Room with the usual accessories.AGENTS NOTEBoth Kingfisher and Woodpecker are let through Farm and Cottage Holidays of Bideford. The remaining forest lodges are let through Hoseasons and briefly comprise the following:ACORN (Sleeps 4)Set in elevated, secluded position with view of the lake. 1 double, 1 twin. tumble dryer, dishwasher and fridge/freezer. Whirlpool bath.Guest comments (Trip Advisor Mar 2012) "the lodge was fantastic! we stayed in the Acorn. looked brand new! had a decent size lounge kitchen diner, bigger bathroom than the one we have a home and a whirl pool bath! lovely modern decor and plenty of kitchen utensils".SYCAMORE (Sleeps 4)Set in elevated and secluded position with views of lake. 1 double and 1 twin. Whirlpool bath. Dishwasher, fridge/freezer and tumble dryer.ROSEBAY (Sleeps 4)Set high in the woods. 1 double and 1 twin bedroom.OTTERS HOLT (Sleeps 4)Set by the lake with 1 double and 1 twin.HUNTERS LODGE (sleeps 4)Set by the lake with 1 double and 1 twin.FISHERS WOOD (Sleeps 4)Set by the lake with 1 double and 1 twin.THE HIDEAWAY (Sleeps 4)Set by the lake with 1 double and 1 twin.FOXGLOVE (Sleeps 6)1 master double with en-suite shower, 1 double, 1 twin. Bathroom. Fridge/Freezer, dishwasher. Outdoor hot tub. HONEYSUCKLE (Sleeps 6)Set high in the woods. 1 master double with en-suite shower, 1 double and 1 twin. Fridge/freezer, dishwasher. Bathroom. SaunaBLUEBELL (Sleeps 6)Set high in the woods. 1 master double with en-suite shower, 1 double and 1 twin. Bathroom. Lounge with French doors to patio. Large Kitchen/Diner. Fridge/freeze, dishwasher. Covered hot tub.LARCHES (Sleeps 6)In elevated position with views of the lake. 2 double and 1 twin with en-suite shower. Bathroom. Lounge with French doors to patio. Large Kitchen/Diner. Fridge/freezer, dishwasher and tumble dryer. Outdoor hot tub.CHESTNUT (Sleeps 6)Set in elevated position with views of the lake. 1 master double with en-suite shower, 1 double and 1 twin. Bathroom. Lounge with French doors to patio. Large Kitchen/Diner. Fridge/freezer, dishwasher and tumble dryer. Covered hot tub.Guest comments (Trip Advisor Nov 2011) "we stayed in the Chesnut Lodge in November. The cabin was great and the surroundings were beautiful.....very peaceful and relaxing break. will deffo be going again 5 out of 5"OAKAPPLE (Sleeps 6)In elevated position with views of the lake. 2 double, 1 twin with en-suite shower. Lounge with French Doors to patio. Large Kitchen/Diner. Dishwasher, Fridge/Freezer and tumbledryer. Outdoor hot tub.Guest comments (Trip Advisor Aug 2011) "We stayed in 'Oakapple' which was clean, spacious and well equipped. This lodge is set last but one on the steep hill, so it is exceptionally quiet, not overlooked and set in beautiful surroundings. My sons thoroughly enjoyed the fishing lakes and I enjoyed the hot tub which was a luxury addition for our holiday this year"
SERVICES, COUNCIL TAX AND TENURE
TenureFreehold.Services & Local AuthorityPrivate and mains water, mains electricity and private drainage. Oil fired central heating.Torridge District Council, Riverbank House, Bideford, North Devon. Tel: 01237 428700.RatesWe are verbally advised by the Local Rating Authority that the complex is currently assessed as follows:- Rateable Value: £38,000 Rates Payable: £17,404 based on uniformed business rate of 45.8p in the pound. Occupiers may qualify for reliefs and are advised to make their own enquiries of Torridge District Council.
Viewings are best arranged on a change over days, Tuesdays and Saturdays, although inspections on other days can be arranged this may mean a more limited number of lodges are available for inspection.Viewings are by strict appointment through the joint sole selling Agents, Bushnell & Green Property Agents, 106 East Street, South Molton, North Devon EX36 3DB TEL: (01769) 574363/07966 orJD Commercial, 42 Ridgeway Drive, Bideford, North Devon. EX39 1TW TEL: (01237) 424053 / 07868 846357
All measurements are approximate. While we endeavour to make our particulars accurate and reliable, if there is any point which is of particular importance please contact us and we will be pleased to provide further information, particularly if you are travelling some distance to view.
CONSUMER PROTECTION FROM UNFAIR TRADING REGULATIONS 2008
As the sellers agents we are not surveyors or conveyancing experts & as such we cannot & do not comment on the condition of the property, any apparatus, equipment, fixtures and fittings, or services or issues relating to the title or other legal issues that may affect the property, unless we have been made aware of such matters. Interested parties should employ their own professionals to make such enquiries before making any transactional decisions. You are advised to check the availability of any property before travelling any distance to view.
DATA PROTECTION ACT 1998
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