Holiday Cottage Complex for sale

Watermouth, Devon

£949,500 Freehold
Watermouth Cove Cottages Watermouth Devon EX34 9SJ View Map

A holiday complex comprising of 8 cottages situated adjacent to the beautiful Watermouth Castle in North Devon. It is located only a few hundred metres from a picturesque harbour with stunning views. This business has been successfully owner operated, utilising one of the cottages for themselves whilst still generating an impressive turnover and subsequent net profit. The owners currently operate with no early morning breakfasts or daily cleans, allowing our clients to have plenty of free time and an enviable lifestyle. The property benefits from large gardens, a pretty court yard, a garage, parking for guests and an opportunity for a building plot with separate access to rear.

LOCATION

In an area of outstanding national beauty, Watermouth Cove Cottages are located on the dramatic North Devon coastline in a unique location within 200 metres of the sea. Watermouth Castle and grounds, a family theme park and entertainment center are located close by. The property is just off the A399 between Ilfracombe and Combe Martin. Nearby is the awarding village of Berrynarbor with its village post office and pub, The Olde Globe Inn. Barnstaple, the regional center of North Devon, is 12 miles away and has excellent transport connections via the North. Only a few hundred metres away is the idyllic Watermouth Harbour which is known for its un-spoilt naturally drying harbour.

BUSINESS

The business has been nurtured over many years and now enjoys a loyal clientele, who repeat their direct bookings from one year to another. That, together with a strong online presence, results in an impressive turnover and net profit. There is tremendous scope to expand the business by improved marketing and upgrading the accommodation. Both the location and accommodation on offer are highly attractive and the business is easily run. Full handover will be provided by the owners and actual trading accounts will be made available following a formal successful viewing.

ACCOMMODATION

All cottages benefit from beautiful exposed beams, digital TV/DVD with Freeview, log burners and fitted kitchens with a full array of crockery, cutlery and glassware. Moreover, all the kitchens are fitted with cookers, fridge/freezers, microwave ovens, toasters, dishwashers and much more.

SMUGGLERS COVE

(with full residential consent and sleeps 6-8)

This single storey cottage is currently occupied by the owner and has full residential consent. This could easily be used for letting. The Porch leads to entrance hall with cloakroom. The sitting room is dual aspect with parquet flooring, beamed ceiling and wood burning stove. Kitchen/diner with window overlooking the courtyard. Range of wall and base units, electric cooker, fridge and dishwasher. Door to bedroom 3. Archway to inner hall leading to bedrooms 1 and 2 (both with built in wardrobes). Bathroom adjacent to cloakroom with sink and bath with shower over.

TIDESREACH

(sleeps 4)

A first-floor apartment with hall, open plan sitting room (with wood burning stove)/dining room/kitchen. Two bedrooms and a bathroom.

BEACHCOMBER

(sleeps 4)

A first-floor apartment with hall, open plan sitting room (with wood burning stove)/dining room/kitchen. Two bedrooms and a bathroom.

SEASPRAY

(sleeps 6)

A ground floor apartment with an open plan sitting room/dining room/kitchen.  Three bedrooms and a bathroom.

DRIFTWOOD

(sleeps 4)

A ground floor apartment with hall, open plan sitting room/dining room and kitchen. Two bedrooms and a bathroom.

SANDPIPER

(sleeps 6)

First floor apartment accessed from ground level. Open plan sitting room (with wood burning stove)/dining room/kitchen. Three bedrooms and a shower room.

SEASHELL

(sleeps 4)

Single storey cottage with open plan sitting room (with wood burning stove)/dining room/kitchen. Two bedrooms and a bathroom.

SEADRIFT

(sleeps 4)

Single storey cottage with open plan sitting room (with wood burning stove)/dining room/kitchen. Two bedrooms and a bathroom.

(N.B. Seashell and Driftwood have a connecting door so can be let as one unit).

The cottages face onto a courtyard with seating areas, brick barbeques, grass areas and mature planting. Seashell and Seadrift have patio areas to the rear and shared use of a garden. Steps lead up to a further area of garden with mature planting and a summer house. There is a side entrance to this part of the garden from the lane.

LAUNDRY ROOM

This is a welcome facility for the paying guests which benefits from washing machines and tumble dryer.

PARKING

There are two parking areas providing ample parking for guests staying in the cottages. A single garage off the lane to the property is included in the sale.

BUSINESS WEBSITE

www.watermouth-cove-cottages.co.uk

SERVICES

Mains electricity, mains water, private drainage.

Although not in use there is a mains gas supply pipe to the property. Wi-Fi on site

BUILDING PLOT

To the rear of the property is a large potential building plot with separate access. Informal discussions have taken place in the past which were positive, but any redevelopment would be subject to a successful formal planning permission.

FIXTURES & FITTINGS 

Trade fixtures, fittings, equipment, land and buildings except for vendor’s private inventory will be included in this freehold sale. Full inventory will be provided prior to exchange of contracts.

BUSINESS RATES

Please make your own enquiries on the local Valuation Website (VOA) at www.voa.gov.uk

TENURE

Freehold

VIEWING

Strictly by appointment with the agents Ware Commercial

Misrepresentation Act

Misrepresentation Act 1967. The Particulars are not considered a formal offer, they are for information only and give a general idea of the property. They are not to be taken as forming any part of a resulting contract nor be relied upon as statements or representations of fact. Whilst every care is taken in their preparation, no liability can be accepted for their accuracy. Intending purchasers must satisfy themselves by personal inspection or otherwise as to the correctness of these particulars.