SOLD OR WITHDRAWN FROM THE MARKET
Advert pending deletion

Central Lake District Holiday Cottage Rental Business For sale

Ambleside, Cumbria

Status

SOLD / WITHDRAWN

Date Submitted:

09/04/21

Advert ID

274945
Freehold: £195,000
Annual Turnover: Available upon request
Annual Net Profit: Available upon request

Thirlmere Lodge is our holiday rental log cabin in the heart of the English Lake District. It is located on a private woodland estate on the hillside above Skelwith Bridge. The Neaum Crag Estate consists of over 100 wooden detached lodges and several apartments. There is also a communal Pool Hall on-site with a small pool, sauna and jacuzzi. The properties are all privately owned, and most importantly, freehold. Each owner owns the property and the plot that it sits on. This is in contrast to most other holiday parks in the Lake District, where the units are leasehold. Each owner holds one share in the company Neaum Crag Limited. There are no other shareholders other than the owners. The company levies a service charge each quarter to the owners for the upkeep of the estate and the communal areas. The shareholders have absolute control over all aspects of the management, maintenance and improvement of the site. Because there are no third parties involved, the annual charges are significantly lower than other similar sites in the area. You really do own your own little part of the beautiful Lake District.

We currently run our lodge as a holiday let but also take out as much time as we want from the calendar for Helen and me and our friends and family to stay. The site is obliged by the planning authority to close completely for two months in the middle of winter. Any new owner will be able to decide for themselves what proportion of business and personal use is best for them. Of course, this last year has meant closure for most of the time, but in a normal trading year, you could expect takings of £15,000 - £18,000 if you were to prioritise the business side of things.

The lodge is well maintained and fully equipped for a family of four. We currently advertise with VRBO, Trip Advisor and Independent Cottages, but there is scope for increased marketing. We don't accept dogs or young people or let for any less than three nights, so there is scope for more business should you choose to change things around a bit.

The Neaum Crag site is currently going through a bit of a renaissance. Many owners are currently extending and upgrading their properties, and it is my opinion that this will lead to increased revenue and capital value for owners over the coming years. Helen and I are retiring to go and live in The Peak District near to our family.

Listing Details
Key Features
  • Attractive Business
  • Prime Location
  • Retirement Sale
  • With Car Park
  • Close to Local Amenities
  • Small Business
  • Accounts Available
  • Fully Fitted
  • Potential for Alternative Use
  • Home Based
  • Established Business
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SOLD OR WITHDRAWN FROM THE MARKET
Advert pending deletion
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