5 bedroom guest house for sale

LONG LANE, Craven Arms, SY7

£725,000

Property Description

Full description

SELF CATERING HOLIDAY COTTAGES WITH OWNERS 5
BEDROOM FARMHOUSE - SHROPSHIRE
Situated in a rural location on the outskirts of Craven Arms
Scope for development (Part Planning Permission Obtained)
5* graded on Trip Advisor with good reviews
Well appointed and presented throughout
Average annual turnover of 19,000
5 bedroom owners accommodation
Ideal lifestyle change opportunity
2x self catering holiday cottages
Currently run at a pace to suit
Genuine reason for sale
Picturesque location
FREEHOLD


Location

These superb self catering holiday cottages are located in their own grounds just outside the rural market town of Craven Arms. The premises are surrounded by an Area of Outstanding Natural Beauty making this a popular tourist hotspot. The town is popular with visitors as it is home to the Shropshire Hills Discovery Centre and 12th Century Stokesay Castle and is near to a range of attractions. It is also a central location for visitors to Ludlow, Church Stretton and the Welsh Marches. Craven Arms is a short drive away and houses a main line railway station on the Manchester to Cardiff line. It has a supermarket, public houses, a range of shops and a bank. A larger range of amenities are within driving distance in the market town of Ludlow. The nearby towns and villages include Bishops Castle and Clun. The town is easily reached through the M5 leading to the M54 and the A49 giving easy access to tourists and visitors.

Business History

Meridian Business Sales are delighted to offer for sale these exceptional self catering holiday cottages which were established by our clients in 2004. The only reason this superb opportunity is being offered to the market is due to our clients desire to relocate due to family reasons. Since the business was established our clients have gone to great expense and effort in the conversion of the guest accommodation, which has resulted in two self catering cottages which are in an immaculate condition, decorated to a high standard. Our clients inform us that annual turnover currently averages 19,000 which is derived from their setting in a tranquil location. The premises also includes a 5 bedroom converted barn currently used as owners accommodation. We feel there is scope to introduce bed & breakfast services by utilising some of the rooms within the main property. There is huge scope for additional self catering accommodation. Planning permission is in full force for the downstairs bedroom to become a third holiday let, there have been discussions with the local council about erecting 2x two storey oak framed developments which could cater for up to 8 people, the incorporation of an Art & Crafts activity centre has also been discussed, this is all STPP. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as this unique business is not to be missed.



Financial Profile

Average Turnover: 19,000pa
Stock Approximately: 200


Tenure

We are advised freehold


Opening Hours

Trades throughout the year


Accommodation

Converted two storey barn with adjoining single storey self catering cottages, all within its own grounds, briefly comprising:

Two storey barn conversion - Current Owners Accommodation

Secure entrance leading to: Entrance hall with double stairway leading to galleried landing. Double doors to lounge/drawing room. Conservatory with doors to garden. Double doors to dining room with windows overlooking the front & rear

Sitting room/snug with exposed Oak beams, feature brick fireplace with a Clearview log burner

Large fully fitted kitchen with a range of American Oak base & wall units, 5 ring range with extraction unit over, breakfast bar and window over looking the rear.
Utility room with Worcester Bosch boiler, space for washer & dryer.

Shower room
Bedroom 5 - Large family bedroom

FIRST FLOOR
Galleried landing with exposed beams leading to:
Bedroom 1 - Double bedroom with en-suite shower room
Bedroom 2 - Double bedroom
Bedroom 3 - Currently used as an office
Bedroom 4 - Double bedroom
Family bathroom with skylight, Heritage suite, Jacuzzi bath with shower attachment

EXTERNAL
Stone walled courtyard providing parking to the front. Gardens laid to lawn with decorative flower beds shrubs and trees. To the rear are 5 raised fruit & vegetable plots. Patio area

Two single storey cottages - Current self catering guest cottages, Both comprise of: - Secure entrance leading to: Open plan lounge/kitchen & diner. Double bedroom with en-suite shower room. Private garden

Nearest stations

  • Craven Arms (0.5 mi)
  • Broome (2.5 mi)
  • Hoptonheath (4.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map

Nearest stations

  • Craven Arms (0.5 mi)
  • Broome (2.5 mi)
  • Hoptonheath (4.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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