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Cottage for sale

Cottages, 1-3 Crown Street, Seahouses, NE68

Fixed Price £420,000

Property Description

Key features

  • Holiday Lets
  • Business Opportunity
  • 3 x Cottages
  • Tourist Location
  • Northumbrian Coastal Village

Full description

Tenure: Freehold

Pattinson are please to offer to the market three cottages which are located on in the heart of Seahouses. The former retail unit was converted into five terraced cottages, three of which are available by way of a private treaty sale - cottages 1, 2 and 3. They are currently used as self-catered holiday lettings with occupancy rates being very high the whole year round. Further details on the business can be provided on request.

The properties are almost identical in layout and comprise of an entrance hall, one double bedroom and one bathroom to the ground floor. The first floor offers a kitchen/diner and separate lounge on the first floor. Each cottage benefits from a private outdoor area, balcony to the front and rear of the property and one car port parking space per cottage.

The subject cottages are located on Crown Street which is just off King Street and parallel to Main Street. It is ideally located for tourists within Northumberland, as it is a two minute walk from the local shops and attractions. It is also a five minute walk to the beaches and the working fishing harbour which offers trips to the Farne Islands to visit the famous Pufffins. Seahouses 18-hole Golf Course is also less than half a mile away from the subject property. Bamburgh Castile is 4 miles away from the property and can be accessed from a popular walk along the beach.

Seahouses is located 49 miles north of Newcastle upon Tyne, 15 miles north of Alnwick and 22 miles south east of Berwick-upon-Tweed. Seahouses is one of several coastal towns which thrive off tourism, Bamburgh, Beadnall and Newton-by-the-Sea being other prime examples.

Three cottages are available by way of private treaty sale - numbers 1, 2 and 3. The three cottages are identical in size:

Bedroom - 3.4m x 3.2m
Living Room - 3.7m x 3.2m
Kitchen - 3.0m x 2.8m
WC/bathroom - 2.3m x 1.9m
Total area - 35.49m2

There is also a balcony area to the rear of the property and a private outdoor space for each cottage.

The current owner has successfully run a holiday letting business with these three properties as the subject for around 15 years.

The business is successful throughout the whole of the year, through summer and winter months. The cottages are extremely popular with guests and receive gleaming reviews. Repeat business also accounts for a significant number of bookings each year.

The cottages are currently listed on Northumbria Coast and Cottages website and Grace Darling holidays website and receive a large amount of business online. The cottages are also featured on the official Visit England website and are in the Visit England annual brochure. There is the potential for an increase in bookings coming directly from a website to be run by the owner, however this needs some work on it.

Cottage 2 has a subscription to the Seahouses Ocean Club which can be used by guests of this cottage or the owner themselves. Each of the cottages has separate Wi-Fi, flatscreen TV and washer/dryer facilities.

Business accounts and booking figures can be provided upon request.

All of the properties are available on a freehold basis.

The adopted rateable value for Cottages 1-3, Crown Street being 3,600 pounds as effective from 01 APRIL 2010. Source

We currently await a copy of the energy performance certificate.

Unless otherwise stated, all stated figures are expressed exclusive of VAT. We await confirmation that VAT is payable on this transaction.

Listing History

Added on Rightmove:
24 May 2016

Map & Street View

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