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I property rent
I property rent
A unique coastal opportunity to acquire a 382.78 acre site providing a combination of rental income and existing leisure based business which includes three holiday letting properties, a site for seasonal touring caravans, a campsite, caravan storage, farm land and a beach situated adjacent to the prestigious resort of Abersoch.
■ A coastal estate extending to 382.78 acres (154.91 ha)
■ The property provides a substantial detached former farmhouse divided into three holiday letting properties, each with five en suite bedrooms
■ The property provides a caravan storage area with five barns suitable for approximately 250 touring caravans and boats
■ The property benefits from stone barns with existing implemented planning permission for development into 3 or more holiday cottages to enhance the leisure offering
■ The property provides a caravan site with capacity for 30 seasonal touring caravans
■ The property provides a camping field and children’s play area
■ The property provides owner’s private three bedroom residence which could offer further residential letting accommodation/income
■ The property comprises of a landholding extending to approx. 274.17 acres (110.96 ha) and 95.20 acres (38.53 ha) of headland
■ The property has a coastal frontage of 2 miles and benefits from a beach with a significant frontage
■ The property offers a one off opportunity to acquire an outstanding unbroken land ownership with significant potential for further enhancement of the leisure facilities and alternative uses (subject to any statutory consents) located on the edge of the extremely popular resort of Abersoch.
The leisure and agricultural businesses, currently run from the property, are family run and the property has been owned by the same family since the 1980s and managed from their base in Shropshire.
The property is only reluctantly offered for sale due to the family wanting to focus on other business opportunities within their other core businesses. The leisure business operating from the property comprises a touring caravan park, which generates income from seasonal pitch fees as well as weekly or nightly tariffs, camping field income, caravan and boat storage income and holiday cottage income. The farming business generates income from the annual rent paid currently by the tenant farmer.
A. HOLIDAY LETTING ACCOMMODATION OFFERED BY THE FORMER FARMHOUSE
The property provides the following accommodation:
Cim is a substantial 2 storey farmhouse, which has been divided into 3 dwellings namely Cim, Cim Bach and Cim Canol. It is constructed of stone with painted rendered elevations under a slate roof. All 3 dwellings offer generously sized family accommodation with many rooms overlooking the sea to the north east.
The kitchens, apart from Cim Bach, incorporate dining areas. Each dwelling is completely self-contained with the added advantage of the property as a whole offering a flexible configuration that allows all three properties to be combined to create one large property for parties of up to either 20 or 30 guests, which enhances the leisure potential of the property.
All 3 dwellings have independent central heating systems, double glazing throughout and benefit from a direct garden/barbeque area accessed via sliding doors. The garden is a large grassed area suitable for a children’s play area to the front of the properties.
B. CARAVAN PARK
The caravan park is located within the left hand section of the site as you approach the property. The land comprising of the caravan park gently slopes from south to north and has outstanding sea views. Low level street lighting is provided to the caravan park and there are electric hook-ups (16 amp) and hard-core bases to the seasonal touring pitches. In addition, there is also an underground bulk LPG tank near the centre of the caravan park which supplies the toilet block.
C. CAMPING FIELDS
The camping field and the children’s play area, are located to the right hand side of the driveway as you approach the property.
The land is of generally level topography with the boundary of the camping field defined by wooden fencing and earth bund. There are 41 electric hook-up points (16 amps supplies) in total, albeit further camping accommodation can be provided within in the general camping field.
D. CARAVAN/BOAT STORAGE
The caravan storage area is located to the rear of the farm buildings in a bunded screened area with access via hard core farm track through the farmland. There are numerous barns of varying constructional types providing additional covered storage.
The majority of the caravans and boats storage is provided within two large outdoor hard-cored compound areas. The areas are secured with gated access and earth bounding/fencing to the boundaries of the storage areas.
A workshop is located in a courtyard within this area.
Within the ownership of the property are a range of stone barns which benefit from an extant implemented planning consent for their conversion into holiday lettings accommodation. These offer the opportunity to enhance further the fantastic ‘leisure’ offer from the subject property.
The conversion of these barns offers the opportunity to increase the leisure income return from the property.
The rest of the land included within the property ownership comprises of farmland which extends down to the fantastic beach and coastal headland included in the property ownership. The land is subject to an FBT at a rent of £40,000 per annum. The spectacular 2 miles of sea frontage can only be appreciated by undertaking an inspection of the property.
CURRENT RATEABLE VALUE
The Current Rateable value of the property is £16,500, giving rise to rates payable of £6,755.98 for the year ending 2019.
(Interested parties are advised to make their own enquiries.)
The property is located in the local authority of Gwynedd Council and is located in an area of outstanding natural beauty. The property currently benefits from an implemented planning consent reference no. C04D/0621/39/LL for the conversion of the stone barn into further holiday letting accommodation. This offers significant potential to enhance the letting offer and income from the property. Further details are available from the selling agents upon request.