Brixham
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- SIZE
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- SECTOR
Commercial property for sale
Key features
- Unique Opportunity to Acquire a Charming Coastal Holiday Park
- 20 Holiday Chalets Sold on Long Leases
- Luxury 2-Bedroom Holiday Bungalow ('Plaice Two Two Be')
- Scope for Additional Development or Enhanced Letting
- Low Operational Overheads - Suitable for an Owner-Operator Couple or Straight Investment
Description
Fishcombe Cove Holiday Homes is superbly located on the scenic South Devon coast, nestled in a sheltered position above Fishcombe Cove beach, just a short walk from the picturesque fishing harbour of Brixham. Brixham forms part of the renowned English Riviera, along with Torquay and Paignton, and is situated at the southern edge of Torbay. This thriving town is celebrated for its historic harbourside, active fishing fleet, vibrant arts scene and outstanding seafood restaurants. It offers a unique blend of old-world charm and modern coastal living. Brixham benefits from excellent transport links, making it easily accessible for visitors and residents alike. The nearby A3022 provides direct access to the South Devon Expressway (A380), which connects Torbay to the M5 at Exeter—just under 45 minutes' drive away. Exeter itself is a major regional hub, offering an international airport, high-speed rail services to London Paddington (approx. 2 hours) and a full range of amenities. The nearby train stations at Paignton and Torquay also offer regular services across the South West. The surrounding area is rich in natural beauty, with the South West Coast Path, Berry Head National Nature Reserve and multiple sandy beaches all within walking distance. Brixham has become one of the most desirable coastal locations in Devon for both lifestyle buyers and investors, with demand for holiday accommodation and second homes continuing to rise. Fishcombe Cove Holiday Homes presents a compelling opportunity for those seeking a lifestyle business in a premium UK holiday location. With rising Brixham property values and a strong domestic holiday market, this is an unusual but inviting investment prospect.
THE PARK
The park is set over landscaped elevated terrain, with views over Torbay and comprises:
20 Chalet Plots – Held on 125-year leases from 2009 with annual ground rents and service charges reviewed annually. Next ground rent review April 2030.
Detached Holiday Bungalow trading as 'Plaice Two Two Be' – a stylish, contemporary 5-star rated holiday bungalow featuring a spacious open-plan layout with two bedrooms, a bathroom, and a kitchen/lounge area that opens onto a private garden. Each Chalet has one allocated parking space spread across the two tarmac carparks. The property is finished and furnished to an exceptionally high standard and is currently let from March through October, although it is also well-suited for winter lets if desired.
Alternatively, the unit could be occupied as a very comfortable owners' residence with no restrictions with regards to year round occupation.
There is also potential to enhance returns through infill development, subject to...
TRADING INFORMATION
Current income includes:
• Total Ground Rents: approx. £9,080 per annum (until next Rent Review, April 2030).
• Service Charge & Management Fees including Owners Remuneration: approx. £32,500 per annum (management fee until April 2026 £12,000).
• Holiday Let Bungalow ('Plaice Two Two Be') – High-end, contemporary 2-bedroom holiday let generating approx. £26,000 per annum.
The majority of the service charge is attributed to management, maintenance and repairs, which are currently outsourced. A new owner could choose to manage these in-house, potentially increasing net profits substantially.
Current net profit for ground rain and management fee is £21,000 per annum, with significant potential to expand earnings by:
• Enhancing digital marketing and direct bookings for the holiday let.
• Developing an additional holiday unit (STPP).
• Reducing third-party costs through hands-on management.
This business is ideal for a buyer seeking a...
TENURE
Freehold interest in the site including all residual land, leasehold reversion interests and the bungalow.
SERVICES
Mains water, electricity, and drainage.
Shared access to leisure facilities via Brixham Holiday Park.
VIEWING
Strictly by prior appointment through the Sole Agents: Bettesworths.
Brochures
Brixham
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Paignton Station3.0 miles
- Torquay Station4.3 miles
- Torre Station5.1 miles
Notes
Disclaimer - Property reference 12698057. 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 Bettesworths, Devon. 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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