Guide price £3,500,000
Established holiday letting lodge complex set around its own private lake close to the West Somerset coastline with 33 letting units.
- Holiday Complex
They have built up an established business and the property has been in the same ownership since 2006 and the current owners have developed the lodge business.
The turnover is £381,329 net of VAT year ending February 2018 and they have strong levels of repeat business and run approximately 90% with business trade and 10% with tourism.
They market the lodges via booking.com, Air B&B and Spare Rooms. They also market the lodges via their own website.
Currently they run a minimum 4 night policy and outsource the cleaning, the ground maintenance and the linen. The business is open all year round.
Clients that rent the properties from the business trade include Hinkley Point workers for the development of Hinkley Point C which is only 11 miles away. The trade also includes people looking for short term accommodation solutions such as between home moves, insurance claim work and visiting family in the area.
Trading information can be provided to bona fide purchasers.
Reception 4.38m x 2.92m (142 x 95) with sofas and chairs leading through into:-
Conference room 9.00m x 8.76m (295 x 287) with triple aspect overlooking the lake.
Ladies & Gent WC facilities.
Disabled WC facilities.
Kitchen 4.33m 1.70m (142 x 55).
Form paved driveway and parking for 10/12 vehicles. Grass area with gazebo and seating overlooking the Iris lake with bird hide.
Two storey lodge building currently let out as individual rooms with communal areas providing:-
Bedroom 5 double room.
Shower room used by bedroom 5.
Bedroom 4 double room with en-suite shower room.
Bedroom 3 double room with UPVC double glazed door leading out on a decking area overlooking the lake. En-suite shower room.
Bedroom 2 double room with UPVC double glazed French doors leading out onto the decking area with views over the lake.
Shower room accessed from hall. Used by bedroom 2.
Bedroom 1 with glazed door leading out onto a decking area with views over the lake. En-suite shower room.
Landing with vaulted ceiling. Galleried lading. Skylights. Polished wooden balustrade.
Bedroom 8 double room with en-suite shower room.
Bedroom 7 double room. Shower room used by bedroom 7.
Open plan sitting room, dining and kitchen area. Glazed door leading out onto decking area overlooking the lake.
Shaker style kitchen. Door to:-
Bedroom 6 double room with en-suite shower room.
Outside gravel area to front with parking for 4/6 vehicles.
Detached single storey ground floor bungalow overlooking the lake. Entrance hall, sitting room, kitchen & dining room with French doors overlooking the lake and leading onto formed paved patio. Shower room and 2 bedrooms. To the rear there is a form paved patio area overlooking the lake.
Detached two storey lodge overlooking Lodge Lake providing:-
Hall with wooden stairs to first floor accommodation. Ceramic tiled floor opening into:-
Sitting/dining room open plan with French doors leading out onto the decking area overlooking the lake.
Feature electric fire. Tongue and groove to ceilings. Spotlights. Breakfast bar opening into kitchen. Double doors into:-
Shaker style kitchen of wall and base cupboards with roll top surfaces with inset stainless steel sink unit.
Bathroom accessed from the hall. White suite of close coupled WC, pedestal wash hand basin and jacuzzi corner bath. Corner curved glass and chrome shower cubicle. Porcelain tiles to walls and floor.
Bedroom 3 with window to front. Porcelain tiled floor.
Landing with storage cupboard. Skylights. Doors to rooms.
Bedroom 1 double room with glazed door looking onto a balcony overlooking the lake. Wooden flooring. Spotlights. Limited eave height in part. Door to:-
En-suite shower room with a white suite of close coupled WC, pedestal wash hand basin and shower cubicle. Chrome heated towel rail radiator. Skylights.
Bedroom 2 twin room with wooden floor. Window to side. Spotlights. Limited eave height in part.
Shower room accessed from landing. White suite of close coupled WC, pedestal wash hand basin and shower cubicle. Spotlights. Extractor fan. Limited eave height in part.
Decking area outside overlooking the lake plus decking area accessed from sitting room. To the front of the lodge is a gravel parking area for approximately 3/4 vehicles.
Alder & Hawthorn Lodges
Two detached lodges comprising 2 self-contained units. Unit 1 provides a hall and kitchen overlooking the lake plus a bedroom with en-suite shower room.
Unit 2 comprises an open plan sitting/dining room and kitchen area overlooking the lake plus 2 bedrooms and shower room.
Willow, Ash, Aspen & Birch Lodges
Detached single storey lodges each with 2 self-contained units with open plan sitting/dining rooms with kitchen areas overlooking the lake. Each unit comprises a double bedroom and shower room. Outside decking area to front overlooking the lake. To the rear there are gravel parking areas.
Poplars, Maple, Rowan, Hazel, Holly, Chestnut & Blackthorn
Detached single storey lodges comprising 3 self-contained units in each with an open plan sitting/dining room, kitchen and bedroom with en-suite Jack & Jill bathroom leading into the sitting room.
The lodge complex is set in 26.42 acres including two lakes with Iris lake at the front of the site and is overlooked by the Business Retreat.
Lodge Lake is 7.5 acres and has wooden benches, picnic tables and a gazebo around the edge. This lake is currently used for open water swimming and is stocked with coarse fish.
The side paddock is level and includes a field shelter with animal enclosure. The rear paddock is level and laid to pasture and is ideal for equestrian use and is currently let providing an income. (The side and rear paddock have further development potential for additional lodges subject to gaining the relevant planning consents.)
Serenity Lodge 4.85m x 3.36m (159 x 110) with hall, treatment room and WC facilities.
Detached barn 13.75m x 8.80m (451 x 288) including an office of 7.7m x 3.50m (254 x 114) overlooking the lake with glass partitioning with glass door. Fluorescent lighting. Door into barn. CCTV. Wall mounted TVs. Within the barn there is also a workshop 3.01m x 2.57m (99 x 84) with workbench, UPVC double glazed door to outside. Within the warehouse there is a store 3.83m x 3.40m (125 x 111) which was previously used as a lined store. Mezzanine floor 8.80m x 4.37m (288 x 143).
Next to the detached barn is an overflow car park laid to scalpings lined out for 18/20 vehicles. To the front of the property is an enclosed fenced bin storage area next to the entrance with concrete pad.
Acorn lodge detached building housing laundry room 6.18m x 2.71m (202 x 88) for the site with coin operated commercial automatic washing machines and coin operated tumble dryer. Linen store with Belfast sink unit.