Bolberry, Nr Salcombe TQ7

Bolberry, Nr Salcombe TQ7

7 Bedroom | Freehold | Holiday Complex

Guide price £1,250,000
Garage 1.2 miles
Shadycombe Road 3 miles
Marine Drive 4 miles

Three holiday letting cottages located between Hope Cove and Salcombe, 1 mile from the sea. The 3-bedroom cottage could be occupied as owner’s accommodation, subject to gaining the relevant planning consents. In all, extending to 0.37 acres.

Location
Bolberry Farm Cottages is located 1.5 miles from Hope Cove which is a picturesque coastal village and is extremely popular with tourists due to its sandy cove and harbour. The Hope & Anchor public house is known for good food in the area. Salcombe is 4 miles away and is a popular tourist destination in its own right with a harbour, boat moorings and the sandy beaches of North Sands and South Sands. In addition, there is a ferry that runs over to Sunny Cove Beach and Mill Bay.

Further sandy beaches are accessible at South Milton Sands, Soar Mill Cove, Bantham Beach and Bigbury-on-Sea.

Further amenities and facilities can be found in Kingsbridge (5 miles away) including shops, restaurants, public houses, supermarkets, a dentist, doctor’s surgery, a secondary school and the Kingsbury Community College. The nearest primary school is Malborough with South Huish primary school in Kingsbridge, 1.5 miles away.

The city of Plymouth (26 miles away) offers a full range of facilities including a hospital, supermarkets, further schooling, a ferry port with links to France and is famous for The Hoe.

Local tourist attractions in the area include Paignton Zoo, Paignton & South Devon Steam Railway which runs from Paignton to Kingswear and Woodlands Leisure Park, near Dartmouth. The National Trust properties of Coleton Fishacre and Greenway which was home to Agatha Christie are nearby.


The Cottages
The three stone-built cottages provide a terrace, all with their own enclosed private garden areas which have an area laid to gravel for dogs with stone paths and patio areas for low maintenance. The holiday letting cottages include character features such as beamed ceilings, exposed roof trusses and vaulted ceilings. All of the cottages have a modern shaker style kitchen, a feature stone fireplace, a smart TV, DVD player, a fridge/freezer, electric oven with gas hob, a washer/dryer, dishwasher and white bathroom suites.

Daisy Cottage (Potential to convert into Owner's Accommodation)
End of terrace, two-storey cottage providing on ground floor a hall, two bedrooms, a shower room and bathroom. At first floor, an open plan sitting/dining room, kitchen and bedroom. Outside gravel and patio area enclosed by fencing for young children and dogs. (Sleeps 7).

Clover Cottage
Mid-terrace, two storey cottage providing on ground floor a hall, two bedrooms and bathroom. At first floor, an open plan sitting/dining room and kitchen area. Outside enclosed gravel and patio area enclosed by fencing for young children and dogs leading out onto a further garden area laid to lawn with a patio and garden seating. (Sleeps 4 + 1 child).

Buttercup Cottage
End of terrace, two storey cottage providing on ground floor an open plan sitting/dining room and kitchen area. At first floor, a landing, two bedrooms and bathroom. Outside enclosed gravel area to side for dogs and young children with gated access out onto a further garden area which is laid to lawn and patio with garden furniture. (Sleeps 4).(Sleeps 4).


The Business
- Developed in 2003 by the current owners by converting the traditional barns into three self-contained holiday letting cottages.
- High levels of repeat business of approximately 40%.
- The cottages are currently advertised via their own website and Airbnb, Country Cottages Online, Dog Friendly Accommodation, Dogs Invited, Good Dog Guide, Group Accommodation, Hello Kingsbridge, Independent Cottages, Salcombe Information, The Holiday Cottages, Visit Devon, Visit South Devon and We Accept Pets.
- The property is located near the coastline and the popular destinations of Salcombe, Kingsbridge and Dartmouth which makes it ideal to explore the South Hams area and coastline.
- Gross turnover in the 2023/24 season was £103,199.
- The business is VAT registered under the flat rate scheme.
- Daisy Cottage, which is the largest with 3-bedrooms could be occupied as owner’s accommodation, subject to gaining the relevant planning consents.
- Trading information can be provided to bona fide purchasers.

Outside
The site is accessed via a concrete driveway that leads into a gravel car park. The gardens and grounds are laid mainly to lawn with mature hedging. There is potential to site a glamping unit to provide extra income if required. There is a further gravel parking area for 6/8 vehicles with a garage which is used for storage and a workshop with power and lighting which is used to house the laundry. In all, the site extends to 0.37 acres.


Method of Sale
The property is offered for sale by private treaty, inclusive of trade inventory to include furnishings, equipment, fixtures and fittings in relation to the business, excluding any personal items.

Tenure & Possession
The freehold interest is being offered for sale with vacant possession available on completion.

Planning
The planning consent for the conversion of the barns to three dwellings was approved by South Hams District Council in March 2003. Planning reference: 33/0574/03/F.

Services
The cottages are serviced by mains electricity and a private water and drainage system.

Rateable Value
According to the Valuation Office, the premises has a ratable value of £8,100, therefore Small Business Rates Relief apply and currently Business Rates are not payable. Interested parties are advised to make their own enquiries.

Local Authority
South Hams District Council

Viewings
Strictly by appointment with agents Carter Jonas.

The next steps...

Before making an offer on a property you will want to consider your financial situation, your income and outgoings.

Will you finance the purchase of your next property from the sale of an existing property which can put you in a chain, arrange a mortgage through your bank or buy the property outright.

To help you finance your next property purchase, we have a long established relationship with an independent mortgage broker who can discuss your situation with you.

Remember that having a 'mortgage decision in principle' can make you a more attractive buyer when you make an offer on a property. Contact our mortgage advisers for free, no obligation and impartial advice.

Some advantages of a broker are:

  • They do all the legwork for you, working on your behalf with the lender
  • They compare wholesale mortgage rates from a large number of banks and lenders all at once
  • Their wholesale interest rates can be lower than retail (bank branch) interest rates
  • They offer more loan options because they work with numerous banks and lenders
  • They can finance tricky deals because of their knowledge and various lending partners
  • They are typically easier to get in contact with, and are less bureaucratic.

However advantages of working with your bank are:

  • You may be able to build off an existing relationship (and gain discounts if you have a checking or savings account)
  • You may already know the banker who will handle your mortgage
  • Banks may be more accountable than a smaller shop
  • They may offer lower interest rates in some cases
  • Their ability to add mortgage to existing banking profile and make automatic payments from linked account.

When you see a property you are interested in on our website, call us 24/7 to arrange a viewing. Or if you prefer, get in touch via our website and we will call you back to find a time to view the property that suits you.

Once you’ve found a property you want to buy, it’s time to make an offer. A bit of negotiation is to be expected, however don't offer so little that you end up in a lengthy negotiation process, as you might lose the property altogether if someone else makes a higher bid.

If other offers have been made on a property we aren't legally able to tell you what they are, but we may indicate if they were close to the asking price.

If you have a property to sell, why not see how we can help you.

Or if you’re considering letting your property, we can take the stress out of managing your rental, and our award winning lettings team offer a service that can be tailored to your needs.

Combined with nearly 170 years of experience and one of the highest customer satisfaction scores in the industry, Carter Jonas is the perfect property partner.

Why not book a free, no obligation valuation of your property and find out how Carter Jonas can help you make your next move.

Key property details
Additional attributes
Holiday Complex
Tenure
Freehold
Carter Jonas reference
TAU240038
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