7 bedroom detached house for sale

Pickering YO18 7LT

£1,100,000

Property Description

Key features

  • Well established with many regular customers
  • Potential to introduce on-line booking
  • Phenomenal Occupancy (av. over 95% during season, year round trade)
  • Goodwill

Full description

Tenure: Freehold

Asking price includes:

Business Turnover in excess of 70,000 per annum (only 3 lodges currently rented)

Gross profit circa 58,000

Two luxury 2 bedroom log cabins (complete with quality fixtures and fittings)

Two luxury fully appointed 1 bedroom log cabins (One currently used as office, but with potential to rent)

Owners 4 bed bungalow (currently valued at over 500,000)

Circa 0.8 acres of land, gardens, car park and outbuildings

Freehold land, log cabins, bungalow and other assets valued at c1,350,000

Well established with many regular customers

The only Log Cabins in the most visited forest in the North of England

www.dalbyforestlogcabins.co.uk

(average 4500 unique visitors per month & front page on Google)

Potential to introduce on-line booking

Phenomenal Occupancy (av. over 95% during season, year round trade)

Goodwill

Established in 2006

Business Profile
This is the perfect opportunity for someone to either make an excellent investment in a log cabin rental business or who is looking to make a complete life change and run the business whilst living in the attractive bungalow adjoining the cabins set in the heart of the Dalby Forest in North Yorkshire.

The log cabins are rented on short term holiday lets in this tranquil corner of North Yorkshire. This is the only log cabin accommodation available within the forest and benefits from the wonderful location being approximately three miles from the local village with shops and amenities. They are close by to the ancient city of York, nearby to the East Coast and all within the North Yorkshire Moors. The forest is surrounded by a wide range of opportunities for customers to enjoy themselves all year round. These include over 55 kms of world class mountain bike tracks, 30 kms of horse riding trails, hundreds of walking trails with great numbers of wildlife and a forest visitor centre providing vital information and catering. During the year there are regular annual events held in the forest including, rally driving and mountain bike championships which attract a huge amount of visitors each year.

There are four log cabins, two of which are two bedroom accommodation, and one a one bedroom lodge, and are rented out all year round. The fourth, a one bedroom cabin sleeps two, is set up currently used as an office. Each of the cabins are fully furnished with satellite TV, DVD, free WiFi and outside BBQ and relaxing area. The owners live on site in an attractive brick built four bedroom bungalow. There are timber outbuildings, a fully fitted plant room, a free standing sauna room for guests and a residents' car park at the front with the cabins and bungalow set within a circa 0.8 acre site which has been sympathetically landscaped out of the woodland.

Over the years this family run business has continually invested in the upkeep of the cabins and have now built up a loyal client base who rent the cabins on a regular basis. They do however continue to attract new customers who come mainly from word of mouth recommendations or from visiting the well visited and easy to navigate website. The website, at www.dalbyforestlogcabins.co.uk also has further details of the business. and can be found on page one of several relevant Google searches. A further website, www.dalbyforestlodges.co.uk also covers the business, offering breakfast provisions and other meals to guests.

This would suit a family who are looking for a life style change, running a business all year round that affords them the time to enjoy the natural and peaceful surroundings of the Dalby Forest. Schools and amenities are close by with the local village only circa three miles away and the nearest town within circa five miles.

Equipment

All of the freehold property including fixtures and fittings are included in the sale price.

Key Strengths:

Family run all year round business

Freehold circa 0.8 acre site with four log cabins and 4 bedroom bungalow

Established holiday accommodation rental business

Wonderful location in the tranquil Dalby Forest

Close by to local village and amenities

Room for further expansion of the business, with demand currently substantially exceeding supply

Advance bookings

Investment opportunity or life style change

Financial profile:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

The business currently has a turnover in excess of 70,000 per annum with gross profits of circa 58,000 per annum.The freehold land, log cabins, bungalow and all other assets were last valued at circa 1,350,000.

The Vendor has invested in the government supported biomass heating initiative (non-Domestic Renewable Heat Incentive scheme) that significantly reduces heating bills and provides significant future guaranteed revenues to the business owners over the next 20 years.

Growth, Expansion & Opportunities:

The family use the second single bedroom cabin as an office at present. No work would need to be undertaken to transform this into a rental paying cabin.

Current turnover is generated by the three rented cabins, with the fourth utilised as office by choice and to minimise workload. With a fourth cabin, and not restricting rentals to suit the owner's lifestyle, turnover could comfortably exceed the VAT threshold.

Premises:

Owners Bungalow;-Brick built in 1926, with four bedrooms ( 3x doubles, one en-suite, and one single). Large "L" shaped living room with dining area, fully fitted kitchen, bathroom and toilet with a private garden outside. Currently under construction as part of this property is a swimming pool room, with an additional en-suite to provide a master suite and associated private living area. Central heating is provided by the easily operated Biomass District Heating system. A LPG connection is used for cooking.

Log Cabins;-2 x Two bedroom cabins, one adapted for the disabled. High build quality each fully en-suite, fitted kitchen/diner and living room with log burning stove and central heating provided bay a Biomass district heating system. Both cabins have a small outside seating area with BBQ facilities. Cooking facilities are provided by electric and LPG connections. The third cabin provides luxury one bedroom accommodation, with a log burning stove as the focal point of a comfortable living room. Central Heating is provided by the District Heating System and cooking by LPG

The Fourth cabin is a one double bedroom cabin and has all of the same amenities as the other cabins. The cabin is also set up to operate as a home cinema building. This cabin is currently used as an office, and private guest accommodation as and when required by the owners. The building is connected to the district heating system for heating and hot water.

A freestanding sauna building on the site is provided for guests. The wood burning sauna was imported from Finland as a 'wow factor' feature for guests. The building is cedar lined for the authentic experience, and is appreciated by many of the guests.

To the rear of the fourth cabin is a plant room and workshop. This contains the District Heating plant and is a fully fitted workshop, or drying room as required. An ancillary building to the plant room allows storage of biomass equipment to feed the District heating system, and a cover for other machinery. There is also a good sized car park at the front of the site.

Listing History

Added on Rightmove:
08 November 2016

Nearest station

  • Malton (10.8 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

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To view this property or request more details, contact:

Owner Sellers Ltd, Uxbridge

2-4 High Road, Ickenham, Uxbridge, UB10 8LJ

03331 234562 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 & Street View

Nearest station

  • Malton (10.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Owner Sellers Ltd, Uxbridge

2-4 High Road, Ickenham, Uxbridge, UB10 8LJ

03331 234562 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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