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Old Mill Holiday Cottages, Mill Lane, Langtoft, Driffield, England, YO25 3BQ

£675,000

Business rates & charges may apply

Christie & Co, Hotels
SIZE

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SECTOR

Guest house for sale

Key features

  • Four countryside holiday cottages
  • Turnover for year ending 28/2/23 £86,119
  • Site size 0.38 acres with generous parking
  • Stunning countryside views, Yorkshire Wolds
  • Bio Mass Boiler & Solar Panel income £12,800
  • Planning consent to use 2 cottages as residential property. Energy Rating B-C
  • Christie & Co Ref: 5444072

Description

Description

Christie & Co bring to the market The Old Mill Holiday Cottages. Once a working farm and since a former small hotel, 18 years ago our clients converted the property again into a successfully trading staycation holiday letting site. With four separate cottages named Goldfinch, Rockery, Piglet and Old Mill Cottage, the properties have a total of 11 bedrooms, reception rooms, kitchens, house baths, en suites, private gardens and ample parking on a site size of approximately 0.38 acres.

Two of the cottages have been granted Planning Consent for change of use to residential property.

Location

The Old Mill Holiday Cottages are situated just off the B1249, in Lagtoft, part of Driffield East Yorkshire. The business is perfectly placed within the Yorkshire Wolds Way, central to the highly touristic North Yorkshire towns and cities such as York, Scarborough and Malton with easy access to Pickering, Thornton-le-Dale, Beverley and Bridlington.

Internal Details

All cottages have undergone significant refurbishment throughout and have been finished contemporarily throughout whilst retaining the countryside cottage feel. The appliances included as standard are dishwashers, fridges, cookers, washing machines and all other furnishings to ensure a comfortable and well equipped stay.

Fixtures & Fittings

Fixtures and fittings are included, with the exception of items that are personal to our clients.

Letting Accommodation

The Old Mill Cottage - comprises a reception entrance into the lounge area, a breakfast kitchen dining room, utility and toilet. The first floor includes three double bedrooms with en suite facilities. The cottage sleeps six people and the rooms can be a mixture of doubles or twins.

Goldfinch Cottage - includes reception entrance, generous modern fitted dining kitchen and lounge space with cloakroom toilet. The first floor includes four bedrooms, split as twins and doubles with Jack & Jill bathroom having shower & bath facilities. This cottage sleeps eight people.

Rockery Cottage - includes a reception entrance, cloakroom with toilet, large modern lounge and kitchen diner. The first floor has two double bedrooms comprising one twin with en suite and one double with en suite.

Piglet Cottage is a characterful, accessible open plan property with a kitchen diner, utility laundry space and double bedroom complete with large en suite wet room with facilities for guests with limited mobility. The first floor has a large lounge and a second double bedroom with en suite bath and shower.

External Details

The site has ample parking for all cottages on site, some with private drive. All cottages have their own outside gardens and space to sit out, enjoy the countryside views with the option to BBQ and entertain groups. On site there is a staff toilet, small store and laundry room with commercial washer, dryer and ironing press facilities.

The Opportunity

The sale of The Old Mill Holiday Cottage is a fantastic opportunity for staycation / leisure or guesthouse investors to take advantage of this superb cottage complex set within the heart of the Yorkshire Wolds Way. New owners have the chance to utilise the significant passing touristic trade throughout the year or to be enjoyed as a family / group destination venue for holidays, weekends away or special occasions.

As a huge benefit to utility costs, the cottages are all heated by a 100kW bio mass boiler, part of the RHI Green Energy grant scheme which returns £11,000 of income per annum to our clients. The properties also have solar panels which also provide between £1300 - 1800 each year.

Staff

The business is run by our two clients, a husband and wife team.

Trading Information

28/2/23 turnover of £86,119
28/2/22 turnover of £80,664.

Accounts can be provided on request

Trading Hours

The business trades throughout the year, subject to our clients holidays.

Planning Permissions

Planning consent for change of use of two of the holiday cottages to a dwelling was granted by East Riding of Yorkshire Council on 20th May 2024 under Application Number 24/00871/PLF.

Business Rates

Confirmation of business rates payable should be obtained from the local authority.

Energy Performance Certificates

EPC 1

Brochures

Old Mill Holiday Cottages, Mill Lane, Langtoft, Driffield, England, YO25 3BQ

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Driffield Station6.8 miles

About Christie & Co, Hotels

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

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Disclaimer - Property reference 5444072-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, Hotels. 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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