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Hillersland, Coleford, GL16 7NY

Guide Price
£925,000
Powells, Monmouth
PROPERTY TYPE

Leisure Facility

BEDROOMS

6

BATHROOMS

6

SIZE

4,377 sq ft

407 sq m

Key features

  • Spectacular location within the Wye Valley AONB on the edge of the Forest of Dean
  • Breath-taking views of the surrounding countryside
  • Six premium one bedroom self-catering apartments set over two lodges
  • Possibility to use Apartments 5 & 6 as a residence
  • Sleeps up to 12 guests (+ children)
  • Extensive parking and modern facilities
  • Communal courtyard and guest garden.  Guest laundry facilities with washing machine and dryer
  • Established Holiday Let Business, with potential for growth in Prime UK tourist destination
  • See website
  • Extending in total to approximately 0.43 acres (0.17 hectares)

Description

Situated in a beautiful accessible location with fantastic views of the Forest of Dean within the stunning Wye Valley Area of Outstanding Natural Beauty a short distance from Symonds Yat Rock Viewpoint, the property benefits from fantastic road links close to the A4136 at Berry Hill a short distance to the south and the A40 at Whitchurch. Symonds Yat Rock Lodge would certainly appeal to anyone looking for a profitable low maintenance leisure and tourism business with the option of living on site. It would certainly appeal to investment, lifestyle, leisure, tourism, and rural enterprise type purchasers.

Location & Situation
Symonds Yat Rock Lodge enjoys a beautiful location and situation with a tranquil environment providing a spectacular and peaceful holiday experience being surrounded by glorious Gloucestershire countryside within the heart of the Wye Valley Area of Outstanding Natural Beauty (AONB) and bordering the Forest of Dean but within close proximity to local settlements and the main road network of the A40 at Whitchurch and situated just 2.4 miles north of the town of Coleford. There are no less than four pubs and bars under a two mile walk from the property. For lovers of the great outdoors, Symonds Yat Rock is less than a ten minute walk from the property with the viewpoint well known as one of the best places in the country to watch Peregrine Falcons (and often voted one of Britain’s favourite views). There are an abundance of activities that the Wye Valley and Forest of Dean have to offer, including Canoeing the Wye, Puzzlewood, Go Ape, Old hand ferry, Clearwell Caves, Walk in the Forest of Dean, Tintern Abbey, Sculpture Trail, Goodrich Castle, Butterfly Zoo and Hedge Puzzle, Perrygrove Railway and Beechenhurst Forest.

Symonds Yat Rock Lodge is located just 2.4 miles north of the centre of Coleford and 3.5 miles south of Whitchurch. Ross-on-Wye is just 7.8 miles to the north and the market town of Monmouth is 8.2 miles to the west. The property is within easy access of the main road links to the Staunton Road, A4136, A466, A40 at Monmouth and on to the M50 at Ross-on-Wye. The cities of Gloucester, Hereford, Cardiff and Bristol are all within an hour’s drive (London in three hours) and connections to main line trains, reaching London Paddington in under 2.5 hours, can be found at the railway station in Gloucester just 21 miles from the property.

Ross-On-Wye, positioned just 7.8 miles away is a market town known as the gateway to the Wye Valley. It has an abundance of independent shops, supermarkets, both Primary and Secondary schools and leisure activities.

Monmouth is located just 8.2 miles from the property and boasts excellent schools and facilities including an upmarket traditional shopping street, with boutique shops, Waitrose supermarket, M&S Simply Food, The Savoy Theatre and an extensive range of recreational and leisure facilities. An abundance of tourism and recreational activities exist within Monmouth and the wider region.

Gloucester is just 21 miles away from the property with all the benefits a city has to offer, such as a bustling High Street, Gloucester Queys shopping district, Gloucester University and Gloucester Rugby Club who play in the Rugby Premiership, England’s top division of rugby, as well as in European competitions. Gloucester Cathedral is one of the finest examples of gothic architecture in the UK and Cheltenham Racecourse is just seven miles from the city, host to the world-renowned Gold Cup.

Apartments 1-4, Laundry & Garden 
The property is accessed direct from the eastern side of the public highway known as Woodlands Road. To the left of the access is a strip of land which runs parallel to the road and could provide extra parking for the property or a widened access splay. From the roadside the access opens into an extensive gravelled parking area that can accommodate no less than 15 vehicles. Beyond this to the east are the two Lodges with central courtyard area and communal garden.

Positioned directly ahead as you enter the carpark to the rear of the central courtyard is the first Lodge, featuring white rendered walls under a pitched slate roof providing a terrace of four immaculately presented and well laid out apartments known as Apartments 1-4.

From left to right Apartments 1 to 3 are all identical comprising three standard size self-contained apartments each with ground floor open plan kitchen/diner/living space with large windows to capitalise on the views. The kitchens include a full cooker, dishwasher, fridge with freezer compartment and microwave and are fully stocked with a full set of cutlery, glasses, crockery, cooking equipment and cafetiere. Each living room is equipped with a flat screen TV. Also accessed on the ground floor is the compact shower room with shower cubicle, wc and wash basin. Stairs lead up to a mezzanine bedroom featuring either a kingsize, double or twin (each apartment can sleep two persons). From the open plan living room an external door opens out to a rear gravelled area each fitted with a table and chairs which backs onto fields and beautiful countryside views.

Next in the terrace is Apartment 4. Although the apartment is equipped with all the same features as the first three, it is classed as a large double apartment and is more spacious inside. It again features an open plan kitchen/diner/sitting room fitted with all the necessary appliances, cutlery, glassware crockery and flat screen TV. Apartment 4 features a bathroom with bath, overhead shower, wc and wash basin. Stairs lead up to the first floor mezzanine double bedroom with spectacular views.

Last in the terrace is a communal laundry room fitted with washing machine and spare towels and a secure lock store which houses the linen, all maintenance items and the boiler.

Positioned to the south of the terraced apartments and laundry is the communal lawned guest garden with raised terrace with tables and chairs which capitalises on the spectacular views and provides the perfect place for alfresco dining.

Apartments 5 & 6
Positioned on the eastern side of the communal garden and courtyard are Apartments 5 & 6, two contemporary stylish new build apartments. Constructed approximately six years ago to replace the existing bed and breakfast on site, Apartments 5 & 6 differ from the others as they benefit from dual use, so could be turned back into a dwelling if required. Externally the lodge features cladded elevations under a pitched slate roof. Internally the décor is modern with an industrial loft living feel. Each apartment features a generous sized open plan sitting room / diner with flat screen tv, cast-iron woodburner-style electric fire and spectacular views. The kitchen is modern and just as with the other apartments is fully equipped. Each lodge features a luxury shower room with wash basin, wc and walk in shower and forest views. Stairs from the living room lead up to the mezzanine king size gallery bedroom with spectacular views. Each lodge benefits from an outside private seating area and front covered porch with feature seating, in addition to the shared guest garden and courtyard.

Planning
The original consents for apartments 1-3 and 4 were applied for and approved in 2005 under planning references P1871/04/FUL and P1075/05/FUL allowing for occupation as holiday let accommodation, which restricts any continuous occupation to 28 days at a time.

The consent for Apartments 5 and 6 was applied for and approved in 2017 under planning reference P0197/17/FUL to replace an existing Bed & Breakfast on site. As such, it is understood that Apartments 5 and 6 have full residential status and so could be occupied on a permanent basis, or converted to a home, allowing someone to live on site whilst running the business.

Trade
The property is trading all year round. The owners have as of 2023 deregistered for VAT to suit their lifestyle and so profits have decreased, but in the previous operating years, turnover has been at approximately £120,000 - £134,000 per annum. Costs are approximately £20,000. giving a healthy net profit of circa £100,000 - £114,000 per annum, which could be upscaled. Management is currently undertaken in-house. It is estimated that cleaning and laundry could be outsourced for approximately £15,000. There are companies in the area offering a full management service if required.

The property is advertised via Air BNB (with Superhost status achieved), Independent Cottages, WyeDean, Visit Wales (graded Four Star and Dog, Cyclist, Walker, Golf, Fisher and Motorcyclist Friendly) and via the website and social media with approximately 1/3 of all bookings being repeat bookings, illustrating that the business is in a very healthy place. Tourism is the area’s prime economic driver and has the support of the local authority and the destination management group Visit Dean Wye – the destination website gives further indication of what is on offer in the area:

Key Information
Services: All the properties benefit from mains electricity, mains water and oil-fired central heating.

Wayleaves, Easements and Rights of Way: The property is offered with all existing wayleaves, easements and all public and private rights of way and other such rights, whether these are specifically referred to in these particulars or not.

Fixtures and Fittings: Only those items specifically mentioned in these particulars will be included in the sale, the remainder are excluded from the sale, however, may be available by separate negotiation. Business Rates: The Property is registered for Business Rates and eligible for Small Business Rates Relief (Rateable value £10,800 but nothing paid).

Local Authority: Forest of Dean District Council. Telephone .

Viewings: Strictly by appointment with the selling agents on set viewing days.

Directions: From the A40 at Monmouth, cross the Wye Bridge onto the A466 signposted Chepstow / Forest of Dean. Continue straight onto the A4136 Staunton Road for approximately 5.1 miles. Turn left onto Grove Road. Continue for 0.5 miles then fork left onto Woodland Road. Continue for 1.1 miles and the property will be on your right-hand side.

Postcode: GL16 7NY

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Brochures

Brochure 1

Energy Performance Certificates

EPC 1EPC 2EPC 3EPC 4EPC 5

Hillersland, Coleford, GL16 7NY

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Lydney Station8.9 miles

About the agent

Powells, Monmouth

Singleton Court Business Park, Wonastow Road, Monmouth, NP25 5JA

Powells, Monmouth

Call Powells for a no obligation Marketing Appraisal of your property. We are an established estate agency and chartered surveying practice specialising in the sale, acquisition, management and valuation of rural property including country & village houses, traditional & modern homes, cottages, smallholdings, equestrian properties, farms, land and development sites. Powells are based in the attractive Welsh Border town of Monmouth, strategically located on the A40, between the M50, M5 & M4,

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Notes

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Disclaimer - Property reference S932193. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Powells, Monmouth. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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