Chartered Surveyors and Business Property Specialists
Graham Timmins Head of Business Transfer View Profile

Contact us about this property

Call: 01872 247019
Email: gt@miller-commercial.co.uk

SSTC
1 of 15

Netherbridge Farm, St Giles-on-the-Heath, Launceston, Cornwall

Holiday Complex for sale

£85,000

Leasehold

A rare opportunity to LEASE a HOLIDAY COTTAGE COMPLEX (9) with large OWNERS HOUSE, new 7 Year Excluded Lease. Well presented and converted with scope to take forward with own bookings. On the Cornwall and Devon border near Launceston.

  • HOLIDAY COTTAGES (9) FOR LEASE
  • GRADE 2 LISTED FARMHOUSE (4 BED)
  • DEVON / CORNWALL BORDER
  • NEW COMMERCIAL LEASE, RARE OFFERING
  • SCOPE TO OPEN OWN BOOKINGS
  • GENUINE REASON FOR SALE / LETTING
  • EPC – E43

Property Brochure PDF Location Map

Summary

HOLIDAY COTTAGES (9) FOR LEASE
GRADE 2 LISTED FARMHOUSE (4 BED)
DEVON / CORNWALL BORDER
NEW COMMERCIAL LEASE, RARE OFFERING
SCOPE TO OPEN OWN BOOKINGS
GENUINE REASON FOR SALE / LETTING
EPC – E43

Location

Netherbridge Farm in an elevated position (just over the border into Devon) overlooking beautiful rolling countryside and is indeed a very peaceful and delightful position to holiday. The nearest town is Launceston, an historic town with schooling, access to the A30 arterial trunk road, national and niche retailers, plus offices and commerce.

Property

Netherbridge Farm is an historic Farmstead with the original house dating back to 1863 and as such has a Grade 2 Listing, which was until recently used as a single let on an AST, now vacant. The courtyard of barns were converted in 2010 and were acquired by our clients in 2012, commenced letting in 2013. The barns have been converted to a good standard and typically have an open plan lounge, kitchen and dining area and are eiether 1 / 2 bedroom , with 1 3 bedroom, there are 9 used for letting, with one used for staff / storage.

Business

As mentioned our clients advised the property in 2012 and commenced trading in 2013. Our clients are now wishing to Lease the properties to concentrate on other business commitments.

Some trading information is available, but is not reflective of the income potential , in our opinion, of this business were two owners / company to acquire.

Please see our clients website for further details:-www.netherbridge.com

Accommodation Comprises

NETHERBRIDGE FARMHOUSE

Covered entrance Porch, leading into Hallway. Access to Reception Room 5.21m x 4.64m, feature fireplace (not working); Reception Room 4.27m x 4.20m, open fireplace (in working order we are advised).

Along hallway to Kitchen / Dining Area 6.08m x 4.18m, base and wall units, electric Rayburn; Reception Room 5.67m x 5.26m slate floor and large open fireplace. Rear Utility / Boot room, with sink unit and boiler.

FIRST FLOOR

Bedroom 1 : 4.62m x 4.75m, views over the countryside, ensuite bath / shower. Radiator.
Bedroom 2 : 4.31m x 3.99m, views over the front garden, feature fireplace. Radiator.
Bedroom 3 : 6.24m x 4.35m, views to the rear over the courtyard of barns and countryside. Ensuite Bath and Shower. Radiator.
Bedroom 4 : 5.03m x 3.14m, views to rear as per Bed 3. Radiator.

LETTING COTTAGES

Robin : (1 bed)
Wren : (1 bed)
Swallow : (2 bed)
Swift : (2 bed)
Otter : (3 bed)
Owl : (2 bed)
Fox : (2 bed)
Badger : (2 bed)
Kingfisher : (1 bed)

The Roost : (1 bed), not used for letting, staff use and storage.

Outside

Rear Courtyard with Barns / Open Barn (Car Port), plus parking spaces for House.

Side and front gardens of a generous size.

Tenure & Demise Area

LEASEHOLD : New 7 (6 years and 364 days) Year Lease, to be Excluded from the renewal Provision (Sections 24 to 28 of the Landlord and Tenant Act 1954), with a passing rental of £50,000 per annum (to include the house and with no restriction on sub-letting of the main house) on a Full Repairing and Insuring basis (to exclude the roof structures and coverings), with an Open Market Rent Review on Fourth year Anniversary.

Copy of Demise area (extent of Lease curtilage and Rights of Access) available upon request.

Local Authority

Torridge District Council
Riverbank House
Bideford
Devon
General Enquiries 01237 428700

Energy Performance Certificate

The Energy Performance Rating for this property (the House) is E43.

Inventory

An Inventory of all loose chattels and equipment, free of any lease/lien, to be included within the sale will be supplied by Miller Commercial prior to exchange of Contracts. The Cottages contents will be conveyed to the new tenant as part of the transaction.

Business Rates

We refer you to the government website https://www.tax.service.gov.uk/view-my-valuation/search which shows that the current rateable value is £13,000. To find out how much business rates will be payable there is a business rates estimator service via the website.

Services

Advised by client:-

Mains Water
Drainage : own Treatment Plant with Discharge Licence
Oil Central Heating to House and Cottages
Prospective owners should make their own enquiries of the appropriate statutory undertakers:
Western Power: 0845 601 2989
South West Water: 0800 169 1144
Transco: 0800 111 999

Stock

Not applicable.

Value Added Tax

All the above prices/rentals are quoted exclusive of VAT, where applicable.

Finance

If you require advice regarding the Financing of a Business, at no initial cost, please contact us on the numbers below.

Contact Information

For further information or an appointment to view please contact either:-

Graham Timmins on 01872 247019 or via email gt@miller-commercial.co.uk or

Paul Collins on 01872 247029 or via email pc@miller-commercial.co.uk

PLANS: Plans and maps reproduced under Ordnance Survey Licence No LIG1179. Not to scale and for identification of the property only. They are not intended to show actual site boundaries and not guaranteed to be accurate.

AGENTS NOTE: Miller Commercial for themselves and for the Vendor/s or lessor/s of this property give notice: [a] These particulars are for an intending purchaser or tenant and although they are believed to be correct their accuracy is not guaranteed and any error or misdescriptions shall not annul the sale or be grounds on which compensation may be claimed and neither do they constitute any part of a Contract: [b] Any intending purchaser or tenant must satisfy him/herself by inspection or other wise as to the correctness of each of the statements contained in these particulars; [c] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [d] None of the services or appliances, plumbing, heating or electrical installations have been tested by the selling agent.

Miller Commercial is the trading name of Miller Commercial LLP registered in England and Wales under Registration No.OC373087. The Registered Office of Miller Commercial LLP is Mansion House, Princes Street, Truro TR1 2RF. We use the term Partner to refer to a member of Miller Commercial LLP. VAT Registration No.643 4519 39.

VIEWING: Strictly by prior appointment through Miller Commercial.

Interested in this Property?
Connect with our Expert

Graham Timmins Head of Business Transfer View Profile

Contact us about this property

Call: 01872 247019
Email: gt@miller-commercial.co.uk

Property Brochure PDF