Superb Coastal Holiday Let Plus Barn Conversion For Sale - South Coast, Dorset, United Kingdom
 
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Business description
One of the largest & most successful Self-catering Holiday Lets in the UK. A C16th House in almost 2 acres within walking distance of the sea ,operating year round for large groups of up to 37 in 18 bedrooms (most ensuite). Plus owners accommodation ,a 3 bedroom Barn Conversion recently renovated to a very high standard. This is a "life Style" business for someone wanting to live in an idyllic location,with a year round regular income from the business but with time available to persue other business interests. Groups renting the House include Family Holiday groups,Special Occasion weekends,Corporate Midweek Team Building days,Reunions,Lectures & Study days and Special Interest Groups. The space and comfort of the House ,the huge range of local activities on offer ,the fossil beach close by and the well stocked and lovely gardens ensure that there are regular "returners".
 
Years established: 10
Employees: Part time domestic help
Trading hours: Not applicable
Home based: This business can be run from home.
 
Property
Freehold
 
Living accomodation
The Owners accommodation is a beautiful 3 bedroom and 3 bathroom Barn Conversion standing in its own gardens at the end of the driveway away from the main House. Recently rebuilt & renovated it has oak doors & windows,stone floors & window cills ,double glazing,underfloor heating , an oak & granite kitchen downstairs and oak flooring upstairs .The almost 2 acres of garden has a variety of sheds & out houses,lawns,mature trees & shrubs ,free range Hens & Hen House and a kitchen garden.
 
Location
The property is located on the edge of a popular West Dorset village and within 7 minutes walking distance of the sea and the famous fossil beach. Lyme Regis & Bridport are 5 miles away and there are several lovely beaches close by.The coast is a World Heritage Site and the whole area is one of outstanding natural beauty .The village has a highly rated primary school (Colyton Grammar is near by)and two Supermarkets ,Pharmacy ,Library ,Hairdressers, plus two Gp surgeries,Dental Surgery etc .There is an extensive range of local activities on offer and a wonderful choice of local gourmet Pubs , Restaurants and famous chefs including Mark Hix Fish Restaurant & Hugh Fearnley Whittingstalls Canteen,Lesley Waters Cookery courses and The famous fish Restaurant "The Riverside" at West Bay.This is Thomas Hardy and Jane Austen country and home to Celebrities past & present.
 
Expansion potential
The Business can be expanded by increasing midweek Corporate bookings and encouraging greater use by specialist groups. The Catering facilities are under used (midweek)and there are many immaginative ways the property could be used.The Rental itself could be run by one person and in tandem with an additional business or by a family group .Weddings & wedding parties are a lucrative option as is use for specialist small group courses.Alternative Medicine ,Music ,Art,Yoga etc The House used to be a Country House Hotel and could also easily be changed back to this option.The Olympics in 2012 open up exciting oportunities for long or medium term rentals for those teams in training for the sailing events to be held in Weymouth .2008 is fully booked and forward bookings for 2009 are currently worth over £97K
 
Competition / Market
No other large S/C houses are in the vicinity but plenty of small ones which complement our business in that they are available if the groups renting our House are larger than 37.Local Hotels and Guest Houses also help accommodate any extra people visiting our groups for a night or two during their stay here.
 
Support & training
Little support or training will be needed but we would hope to handover the business seamlessly so that groups in and forward bookings would be unaffected.Only those in a position to proceed should contact us as viewing times are very restricted by the groups in residence.
 
Reasons for selling
Owners have enjoyed running the business for almost 9 years and have now reached retirement age .They will be buying a very much smaller family house somewhere in West Dorset and spending much time abroad travelling.
 
 
 
This advert is awaiting renewal
 
 
Financial Details
Asking price:
£1,290,000
 
Net profit:
£80,000