Leisure Facility for sale

Self catering cottages Nr Hadrian's Wall, Melkridge, Haltwhistle, NE49 9PF

£950,000

Property Description

Commercial information

  • Business for sale

Key features

  • 5 stone built cottages - letting income
  • Beautiful 3 bedroom farmhouse
  • Circa 25,500 income from renewable energy
  • Total site approximately 11 acres
  • Further expansion potential (STPP)
  • Stunning views, near Hadrian's Wall. Energy Rating A

Full description

Tenure: Freehold

Description

The property comprises of a three bed farmhouse, two cottages which sleep two plus and three cottages which sleeps four plus.

There is also an opportunity to develop the fields for camping and glamping use, with the potential to introduce camping pods and other similar facilities.

Location

Positioned amongst Northumbrian hill farming countryside and approximately a mile from Hadrian's Wall, these self-catering cottages are in an area offering stunning open views and yet just off the A69 trunk road for commuting west to Carlisle, east to Hexham and then onto Newcastle upon Tyne.

The Opportunity

An excellent lifestyle opportunity for someone wishing to move to the Northumbrian countryside, west of Hexham.

Our clients live in the farmhouse, however this could be used to generate further rental income.

Our clients are improving the property whilst it is being marketed. The holiday cottages are being refurbished and expect to be completed by the end of October 2018.

Trading Information

Renewable energy income is derived from the two wind turbines, with approximately 15 years remaining from the Government backed scheme, generating circa £17,000 per annum. Circa £8,500 per annum is paid at a guaranteed rate until 2034 from the biomass heating system, which provides hot water and heating for the properties.

Turnover is approximately £35,000 per year from the self catering cottages, with a possible further £15,000 to £18,000 per annum generated should a new owner choose to operate the farmhouse as a holiday letting.


More information from this agent

Nearest stations

  • Haltwhistle (2.4 mi)
  • Bardon Mill (2.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Newcastle Upon Tyne

Shakespeare House 18 Shakespeare Street, Newcastle Upon Tyne, NE1 6AQ

0191 687 0826 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 stations

  • Haltwhistle (2.4 mi)
  • Bardon Mill (2.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Newcastle Upon Tyne

Shakespeare House 18 Shakespeare Street, Newcastle Upon Tyne, NE1 6AQ

0191 687 0826 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.

Disclaimer - Property reference 6490009-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co , Newcastle Upon Tyne. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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