Holiday Cottages for sale in Settle

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Mr & Mrs Campbell (Jan 2015)
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Freehold Price: £1,295,000 Price Reduced Turnover: £45,000
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Business Description
BUSINESS
Hilton Smythe is delighted to welcome to the market this very popular holiday cottage business, set in the scenic North Yorkshire Dales countryside, close to the village of Gigglewick. The lettings business was established by our client in 2004, who has owned the properties for 35 years. Only now is the business being offered to the market due to our client`s desire for a well-deserved retirement. The business operates all year round and generates a turnover in the region of £45,000 per annum, with a good gross profit.

The business comprises of three visually stunning cottages, as well as four bedroom owners` accommodation and a commercial garage, which has been converted into three separate units. All the living and guest accommodation benefit from double glazing and a private water supply from a borehole. All the properties are furnished to the highest of standards and boast off road parking and stunning views.

Rowan House offers three bedrooms, one double and two twin, a delightful beamed sitting room with feature fireplace, large fitted kitchen and separate dining room. Holly Lodge offers two bedrooms, a small twin room and a double, which is set within the roof space with a balcony, an open plan living/dining area with a beautiful picture window and a fully fitted kitchen. Willow Cottage offers three bedrooms, one double and two twin, a delightful beamed sitting room with feature stone fireplace and a fitted kitchen with separate dining room.

The large private owners` accommodation is very well appointed with high quality fixtures and fittings and decorated to a very high standard. This comprises of a large living room with a Jet Master fire, a large dining room, fully equipped tiled kitchen, a large conservatory and four large double bedrooms.

The commercial garage has been converted into three units, one of which has currently been retained by our client for personal use. The other two units have been rented out to generate further income, one is rented at £2,600 per annum and the other for £3,744 per annum. The units benefit from off road parking facilities. It is believed that the local authorities may favourably consider an application to convert the garage into further holiday accommodation, if desired.

The business has built up an excellent reputation within the industry for the high quality of the accommodation available, in such scenic countryside, which has resulted in many repeat guests and word of mouth referrals. The cottages also boast excellent reviews and 5 stars from the very popular website Trip Advisor. This is an excellent opportunity for a new owner to take this thriving and very popular holiday letting business to the next level; therefore early viewing must come highly recommended to avoid disappointment.

LOCATION
Scar Top Holiday Cottages are ideally located just outside the quaint village of Giggleswick within the picturesque North Yorkshire Dales. These superb self-catering holiday cottages have easy access to the beautiful countryside of the North Yorkshire Dales and the Lake District. The sought after village of Giggleswick boasts a well-regarded primary school and well known boarding school, along with two pubs and a Church. The local railway station provide links to Leeds and Morecambe.

Settle is situated in the south-west rim of the Yorkshire Dales National Park and is nestled beside the largest outcrop of limestone in Britain - a region of scars, cliffs, caves and potholes. Settle is a market town and boasts a good selection of restaurants, pubs and an excellent public swimming pool.

The area of the cottages have excellent transport links, being situated just off the B6480, which links to the A65 and the vast A-road and motorway networks. Mallam is approximately 6 miles away and Skipton is 16 miles away.

PREMISES
Three holiday cottages, owners` accommodation and commercial garage, set in a stunning countryside location, briefly comprising:

ROWAN HOUSE:

Stunning living room with wooden flooring, beamed ceiling, feature stone fireplace and stove.

Large fitted kitchen with separate dining area.

Ground floor WC with wash hand basin

Three piece bathroom with shower over bath.

Large double bedroom.

2 x twin bedrooms.

HOLLY LODGE:

Open plan living/dining area with wooden flooring, exposed stone and picture window.

Well equipped kitchen area.

Bathroom with Velux window, WC, wash hand basin and shower over bath.

Twin bedroom.

Double bedroom in roof space with balcony.

WILLOW COTTAGE:

Beautiful sitting room with wooden flooring, feature stone fireplace with wood burning stove and beamed ceiling.

Hallway with wooden flooring.

Fitted kitchen with wooden flooring and separate dining area.

Bathroom with WC, wash hand basin and separate shower cubicle.

Double bedroom.

2 x twin bedrooms.

OWNERS` ACCOMMODATION:

Ground floor:

Large living room with Jet Master fire.

Dining room.

Fully equipped tiled kitchen with separate utility area.

Large conservatory with slated roof and stunning views.

First floor:

Master bedroom with en-suite shower room.

3 x double bedrooms.

Four piece tiled bathroom with separate bath and shower.

External:

A large self-contained plot of land containing all the properties with communal areas including a courtyard, parking areas, gardens and stunning views.

COMMERCIAL GARAGE:

Unit 1: currently rented out for £2,600 per annum.

Unit 2: currently rented out for £3,744 per annum.

Unit 3: currently used by owner for personal use.

EQUIPMENT INCLUDED IN SALE:

Beds, couches etc. A full inventory to be supplied.

TENURE
We are advised Freehold.

HOURS
The business operates all year round.

STAFF
The holiday cottages are currently being handled by a letting company.

FINANCIAL PROFILE
The business generates a turnover in the region of £45,000 per annum, with a good gross profit.



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Tenure: Freehold

Listed by: Hilton Smythe
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