The property has been re-built in 2002 to a high standard and provides a 3 bedroom detached property for owner’s accommodation with the benefits of the Sitting Room being at first floor to take advantage of the views to the Bristol Channel. The bungalow is oil fired central heating and has a private garden with a high degree of privacy.
The property is currently held on two deeds and the cottages have a rateable value under Business Rates of £6,600 in 2016.
The property has been in the same ownership since 2002 and the holiday letting cottages are let out via a national agent, ‘Cottages 4 You’, and are promoted via their website being www.shipmews.co.uk.
Ship Mews provides four open plan 1 bedroom holiday cottages in a terrace of considerable charm. The cottages include vaulted ceilings and wooden shutters to the front. They were built to a high standard in 2004 and have the potential to add a mezzanine floor to provide an extra bedroom area, subject to the necessary consents.
The business currently has a total turnover of £42,424 split between the Mews with a turnover of £31,818 and the bungalow with a turnover of £10,606 year ending October 2015.
There is potential to increase the turnover of the business if you are an owner occupier and you are prepared to take 1-2 night breaks which are extremely popular in this area with walkers as it is the first leg of the South West Coastal path from Minehead.
The property is set in Exmoor National Park in the centre of the village with Exmoor being extremely popular with walkers, cyclists and horse riders due to its enhanced public access. Trading information can be provided to bona fide purchasers.