Holiday Cottage Complex Near Weymouth

For Sale as a going concern, this freehold business prospect is an exceptional opportunity to acquire five superb holiday cottages with a well-established holiday rental business. The property is set back from the main road, in a village location in the heart of Dorset, less than three miles from the Blue Flag resort town of Weymouth and four miles south of the County Town of Dorchester. Although the property falls outside its boundaries, the surrounding countryside is designated an Area of Outstanding Natural Beauty and the original inspiration for the novels of Thomas Hardy who himself was born in the locality.

The current proprietors have established a stellar reputation and the holiday letting business benefits from regular, repeat customers. The properties are purpose-built and designed for the luxury holiday letting market, with superb facilities, featuring double height ceilings and mezzanine bedrooms with most overlooking the meadow and the fields beyond.

The property boasts five beautifully finished luxury holiday cottages with private parking, a central courtyard and meadow walk. The peaceful location of the development is a perfect setting for discerning guests, with all of the cottages featuring patio decking and disability access. Whilst all have unfenced views and access to the grounds, central courtyard and adjacent meadow, three of the five cottages also benefit from additional outside space, with a private enclosed garden.

The development was completed in 2016 and has an established track record with strong, consistent turnover and profits. Three of the cottages are two-bed units, comfortably accommodating four people, with two three-bedroom units suitable for six guests each.

The contemporary design features include large double height windows, open plan living areas, spacious rooms, large glazed sliding doors, high galleried ceilings, ground floor bathrooms, en-suite facilities serving the upstairs bedrooms and fully equipped kitchens.

Situation - The property is situated on the fringe of a picturesque village on the outskirts of the coastal resort of Weymouth, gateway to the World Heritage Jurassic Coastline. Weymouth offers a comprehensive range of shops, marina and recreational facilities. There is excellent walking in the vicinity (Thorncombe Woods and Puddletown Forest). The coast and Blue Flag beaches are just a short drive away as well as popular attractions such as The Sealife Centre, The Tank Museum, Monkey World and The Sailing Academy. Triathlon and Ironman events are also held in the area.

Local sporting and recreational facilities include good walking and cycling opportunities from the property into the surrounding countryside, with sailing and water sports available along the coast. Racing is at Wincanton, Exeter and Taunton. Local hunts include the Cattistock and South Dorset Hunts. Fishing can be enjoyed on the coast or many local rivers by licence. There are numerous golf clubs within short driving distance. A public footpath runs along the access lane.
For more details please see the property brochure below.

The Business - The business has a strong trading history that produces a consistent turnover and healthy profits. Specific details including copy accounts information will be provided to qualified purchasers.

Rateable Value - The cottages are subject to Uniform Business Rates
RV: £18,200 (2023)

Guide Prices For Individual Cottages - 1 North Manor Meadow (2 bed) £395,000
2 North Manor Meadow (2 bed) £325,000
3 North Manor Meadow (3 bed) £545,000
4 North Manor Meadow (2 bed) £375,000
5 North Manor Meadow (3 bed) £525,000

Overage - Overage Covenant:
The sale is subject to an existing overage covenant in respect of any new residential development within the common grounds of North Manor Meadow. (Full details of the overage will be confirmed by sellers’ solicitors at the point of sale)