Stunning Unique Holiday Complex In Heart Of Cornwall For Sale

Business description

Highlights:
• fantastic conversion of former clay dry
• spacious house, separate b&b + 9 holiday cottages
• in attractive grounds with superb water feature
• retaining much of the industrial heritage
• very substantial income potential
• the rarest of purchase opportunities

Location:
The property is situated in the very heart of cornwall close to the eden project and is easily accessible from the main a30 trunk road (innis downs junction) and also from st austell. Located at carbis on the minor road between bugle and roche it is no more than 15 minutes drive from newquay airport and 10 minutes drive from par station on the main railway line between london and penzance.

Business:
This extraordinary property, which is set in c 5 acres, comprises the sympathetic conversion of a grade 2 listed former clay dry and former brickworks dating from 1830 to award winning b&b and holiday letting accommodation. Designed to incorporate as much as possible of the industrial heritage within the redevelopment scheme, a section of the main building has been preserved with the workings of the clay dry. As such the property could be regarded as a potential museum destination in its own right and represents holiday accommodation like no other in the county.

The unusually spacious accommodation created incorporates a very substantial self contained owner’s residence with 4 bedrooms, an enormous open plan living space, private gardens, a large summer house, two garages and stores, a 6 bed guest house with associated dining room, kitchen, laundry, private walled garden and parking facilities and 9 separate holiday letting units including a studio apartment (sleeping 2 + 2), 6 x 3 bed cottages (sleeping 6) and 2 x 3/4 bed properties (sleeping 8), the cottages each having their own private courtyard and spacious shared parking facilities as well as access to a children’s play area and picnic facilities.

The income earning potential of the development is felt to be substantial and full details of tariffs for the respective letting units are available upon request together with guidance regarding average occupancy rates to assist potential purchasers with business planning.

The extent of the property and its grounds and the quality of the accommodation can only be fully appreciated through a full internal inspection and these particulars are intended as a brief summary only of what is on offer. Interested parties are invited to arrange a formal viewing through adams & co following a brief discussion regarding financial position and ability to proceed.

Years established:
The site was acquired by the vendor and her husband in 1996 without planning and much effort was required to secure consent for the proposed redevelopment, which did not commence until 2003 and was then undertaken in stages. The b&b commenced trading in 2005. The holiday letting accommodation commenced trading in 2007. Two of the cottages forming part of the lower terrace were sold off in 2006 and 2007 to assist with funding of the rest of the development and the option remains for new owners to sell off further units if considered desirable.

Trade:
Please note that if a business is vat registered, all figures exclude vat.
The vendor is a widow, having lost her husband in 2009 only relatively shortly after completion of the property development. We hold trading figures for both the b&b and holiday letting accommodation, which can be made available to potential purchasers upon completion of a confidentiality agreement. However, these do not reflect the undoubted potential to generate income from this very substantial property complex.

Reason for sale:
Retirement sale, the vendor’s husband having died prematurely in september 2009.

Staff:
The business is run by the vendor with the assistance of her daughter and additional casual help on handover days. There are no permanent employees.

Opening hours:
The b&b and holiday letting accommodation is available throughout the year.

Business premises:
(all sizes are approximate & should be considered 'nominal'.)
The b&b accommodation and ancillary facilities are laid out over two floors under a pitched and tiled roof and form part of the lower terrace of properties developed through conversion of the clay dry.

The accommodation has been finished to a high standard and is beautifully presented throughout incorporating exposed timber and stonework, high quality wooden flooring, attractive carpets and decoration in neutral colours, high quality floor/wall tiling and fitments to all bathrooms/ensuite facilities. All principal rooms are fitted with highly efficient electric wall heaters.

The bedrooms are all fitted with digital televisions with freeview and tea and coffee making facilities.

There is a very spacious car park for guests and residents to the front of the property and guests are directed to reception upon arrival. This is accessed via one of several pedestrian bridges over the wonderful water feature which runs parallel to and along the full length of the lower terrace.

A half glazed wooden door and window combination opens into:

Reception:

Ground floor hall:

Room 1:

Inner hallway:

Room 2:

Room 3:

Private shower room:

Returning to the ground floor hall the staircase rises to:

Galleried landing:

Room 4:

Room 5:

Room 6:

Separate wc:

From the landing, feature wooden double doors each with 15 x small glazed panels open into:

Guests’ lounge and dining room (12.8m x 5.4m):

Kitchen:
Workshop:

Holiday letting accommodation:

The property also incorporates 9 entirely self contained holiday letting units, two of which are located in the lower terrace these being the studio apartment (sleeping 2 + 2) together with the chimney house, a 3/4 bed end of terrace cottage (sleeping 8).

At the time of our inspection these units were both occupied and the following represents a brief summary of the accommodation provided:

The studio apartment:

The chimney house:

At the higher end of the site, beyond 3 preserved former brick kilns with associated chimney, a second terrace of properties, also laid out over 2 floors under a pitched and tiled roof, accommodates 7 further cottages being kilns, a 4 bed unit (sleeping 8), and water wheels, riverside, linney, wheal prosper, mica and furness, each being 3 bed cottages (sleeping 6). Steps rise from the car park to a raised concrete walkway from which each cottage is accessed at upper floor level.

Each of the properties in this higher terrace has its own dedicated amenity space, either to the side, or to the rear with decking and outside seating provided. All are very spacious and fitted out to a high standard with electric heating available.

At the time of our inspection a number of the properties were occupied and our viewing was restricted to kilns (the 4 bed cottage), water wheels and mica (2 x 3 bed cottages understood to be identical to the 4 other 3 bed cottages in the terrace). These units may be briefly described as follows:

Kilns:

The wooden front door with 2 glazed panels opens into:

Kitchen/diner:

Inner hallway:

Bedroom 2:

Bedroom 3:

Bedroom 4:

Bathroom:

On the lower floor:

Lounge:

Bedroom 1:

Water wheels (no 2) and mica (no 6) being identical:

The wooden front door with 2 glazed panels opens into:

Kitchen/diner:

Inner hall:

Bedroom 1:

Bedroom 2:

Bedroom 3:

Bathroom:

On the lower floor:

Lounge:

At the top end of this second terrace on the lower floor there is a communal laundry facility accommodating 2 x washing machines and 2 x tumble dryers together with a sink unit with single drainer to side and cupboard below and roll edged work surface. A door from the laundry gives access to a service void running the length of the terrace and connecting with a door on the lower floor of kilns.

This higher terrace is serve

Property information

Property:

Freehold