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20 bedroom bungalow for sale in Two Waters Foot, Liskeard, Cornwall, PL14

Offers in Excess of £1,750,000

  • 20
  • 13
  • 7

Holiday letting business with river frontage equidistant from South & North coastlines.

  • Outbuildings
  • Secondary Accom
  • Waterside
  • Holiday Complex
  • Bungalow
  • Freehold

The Business
The property has been in the same ownership since 2011 and the holiday letting cottage, apartments and lodges are let out via Cottages.com along with holidaylettings.co.uk and Simply Owners. They are also promoted via their own website: farmcottagescornwall.co.uk. The business is not VAT registered and the gross turnover year ending April 2018 was £69,371. The linens are currently laundered externally. The holiday letting cottages are rated by Visit England as 4 & 4* Gold Award.

In 2017 two new holiday letting lodges were erected which are extremely popular with guests, granted by Cornwall Council, planning Ref: PA18/08839. The business has a repeat/recommendation trade of approximately 50%. Previously there was planning permission to build a 5 bedroom house with an indoor swimming pool complex which has lapsed.

The garage, laundry room and craft room have potential to be converted into additional holiday letting cottages subject to gaining the relevant planning consents or a function room for larger groups. The area at the western point of the site is ideally situated for glamping.

A major feature of the property is the river frontage with a single bank fishing from the 1st April to the 15th December which is one of the latest to close seasons in England. The river has numerous pools, Kingfisher, Oak Tree, Otter and House with a stone jetty and slate seating for the fishermen. There is also an attractive run called Spiers Run.

Rivermead bungalow has potential to be divided into two properties to form a self-contained 1 bedroom annexe or an additional holiday letting cottage by converting the utility room into a kitchen, the entrance hall into a sitting room combined with bedroom 2 and the bathroom would make this area of the property self-contained if required. Alternatively bedroom 2 could easily be used for guest accommodation.

The Cottages
The cottage and apartments have been converted from a traditional cottage and stone barn and include features such as exposed natural stone walls and beamed ceilings. They are self-contained and each kitchen is equipped with a range of wall and base cupboards, an electric cooker, a fridge/freezer and a microwave oven. All of the cottages have outside seating areas with picnic tables and BBQs.
The cottages have a flat screen TV, DVD player and are electrically heated.

Rivermead Farm Cottage
Two storey detached period cottage including features such as beamed ceilings and an inglenook fireplace with a wood burning stove. The ground floor provides a hall, sitting room, kitchen/dining room, bedroom, inner hallway and a shower room. At first floor there is a landing, 3 bedrooms and a bathroom. 1 of the bedrooms is separately accessed via its own independent staircase from the inner hall. (Sleeps 8).

Oak Tree Apartment
Recently refurbished ground floor apartment providing an entrance porch, sitting/dining room, kitchen, shower room and bedroom. (Sleeps 2).

Kingfisher Apartment
Recently refurbished ground floor apartment providing an entrance porch, hall, sitting/dining room, shower room, kitchen and bedroom. (Sleeps 2).

Bluebell Apartment
Ground floor apartment providing a hall, sitting/dining room, kitchen, inner hall, 2 bedrooms and a shower room. (Sleeps 4).

Salmon Apartment
Ground floor apartment providing an entrance hall, kitchen, sitting room, shower room, inner hall and 2 bedrooms. (Sleeps 4).

The Lodges
The lodges were built in 2017 and have been sited to take advantage of the views.

Otter Lodge
Detached newly constructed lodge overlooking the river Fowey with a high degree of privacy. The single storey lodge is of a contemporary style providing high quality accommodation and provides an entrance hall/utility room, open plan sitting/dining room and kitchen area with UPVC French doors leading out onto the patio area overlooking the river.3 bedrooms (master en-suite shower room) and further shower room. (Sleeps 6).

Owl Lodge
Detached single storey lodge at the top of the site with panoramic countryside views over the valley down to the river and the viaduct. Providing an entrance hall/utility room, open plan sitting/dining room and kitchen area with UPVC French doors leading out onto a decking area with panoramic views. 3 bedrooms (master en-suite shower room) and further shower room. Outside side patio area overlooking the valley, viaduct and down to the river plus a decking area to the front accessed from the sitting room. (Sleeps 6).

Single storey outbuilding with single garage 4.06m x 4.00m (13’3 x 13’1) with power, lighting and concrete floor used for storage and a workshop.

Adjoining the garages is a laundry room 3.98m x 2.20m (13’0 x 7’2) with wall and base cupboards. Ceramic tiled floor. Range of tourist information. Guest freezer. Golf clubs. Automatic washing machine. Tumble dryer and croquet set. Access to store 4.00m x 2.16m (13’1 x 7’0) with potential to be converted into an external linen store for the business.

Craft studio 3.96m x 3.61m (12’9 x 11’8) with power, lighting and concrete floor is next to the laundry room. (The building has potential to be converted into a function room for the business or an additional holiday letting cottage subject to gaining the relevant planning consents).

Boules court enclosed by railway sleepers.

Asphalt driveway leading down to the cottages to the car park where there is parking for 4/8 vehicles.

At the top of the site there are two poly tunnels 96’ x 24’ and enclosed netting area for plants. The polytunnels have electric, water and irrigation systems. There is also an enclosed paddock of post and wire fencing at the top of the site.

In front of Owl Lodge is a levelled lawn area with potential for marquees.

As you enter Rivermead Farm there is a mixed woodland area with Oak, Ash, Beech, Maple and Conifers.

The property is set in approximately 17.13 acres of pasture and paddocks and woodland which lead down to the river Fowey with brown trout, sea trout and salmon.

At the bottom of the land is a 1.02 acre lake with islands, a bird hide and picnic tables for guests to use. The land adjoins the nature reserve of Camilla & Radice wood CWT reserve.

4 hole pitch and putt in the grounds.

Timber tractor shed 9.83m x 4.63m (32’2 x 15’1) used as a log store.

Level area for Croquet and ball games.

Keep fit circuit with a climbing rope, sit ups, frog jumps and pull up bars. The gardens are particularly attractive, well planted and there is a bluebell wooded area with camellias, mixed shrubs, herbaceous plants and wild flowers.

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