7 bedroom bungalow for salePorlock, Minehead, Somerset
Sold STC £500,000
- Set in the centre of the popular tourist village of Porlock with all the facilities and amenities within walking distance.
- Positioned on the A39 with high visibility for passing trade.
- Well located between the Bristol Channel and Exmoor National Park.
- 1 mile from the sea, South West Coastal Path & picturesque Porlock Weir.
- Detached 3 bedroom bungalow re-built in 2002 with garden and parking.
- Purpose built in 2004 with disabled access in mind.
- Four open plan 1 bedroom cottages in a terrace with allocated parking.
- Home with income with Bed & Breakfast potential if required.
- Potential to add a mezzanine bedroom area to each of the cottages, subject to the necessary consents.
- Gross turnover of £42,424 year ending October 2014.
The property has been re-built in 2002 to a high standard and provides a 3 bedroom detached property for owners accommodation with the benefits of the Sitting Room being at first floor to take advantage of the views to the Bristol Channel. The bungalow is oil fired central heating and has a private garden with a high degree of privacy.
The property is currently held on two deeds and the cottages have a rateable value under Business Rates of £6,600 in 2016.
The property has been in the same ownership since 2002 and the holiday letting cottages are let out via a national agent, Cottages 4 You, and are promoted via their website being www.shipmews.co.uk.
Ship Mews provides four open plan 1 bedroom holiday cottages in a terrace of considerable charm. The cottages include vaulted ceilings and wooden shutters to the front. They were built to a high standard in 2004 and have the potential to add a mezzanine floor to provide an extra bedroom area, subject to the necessary consents.
The business currently has a total turnover of £42,424 split between the Mews with a turnover of £31,818 and the bungalow with a turnover of £10,606 year ending October 2015.
There is potential to increase the turnover of the business if you are an owner occupier and you are prepared to take 1-2 night breaks which are extremely popular in this area with walkers as it is the first leg of the South West Coastal path from Minehead.
The property is set in Exmoor National Park in the centre of the village with Exmoor being extremely popular with walkers, cyclists and horse riders due to its enhanced public access. Trading information can be provided to bona fide purchasers.
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