Holiday Accommodation, Letting & Self Catering for Sale in Seaton

Torpoint, Cornwall
REF: INT2181

Asking Price:
£479,950
Annual Turnover:
£61,565
Annual Net Profit:
£50,565
REF: INT2181
Photo of Holiday Accommodation, Letting & Self Catering for Sale in Seaton
Photo of Holiday Accommodation, Letting & Self Catering for Sale in Seaton
Photo of Holiday Accommodation, Letting & Self Catering for Sale in Seaton
Photo of Holiday Accommodation, Letting & Self Catering for Sale in Seaton

Overview

Tenure:
Freehold
Established:
2004
  • Huge Growth Potential
  • Recently Refurbished
  • Well Equipped Business
  • Spacious Premises

For sale is a bungalow designed with a fresh and contemporary feel, which features an incredible 24-foot lounge/diner, complete with a log burner. The property also boasts a separate sun room, linked to the garden, which is laid out in stunning Mediterranean style with palms, grapevines, and various mature trees and shrubs.

The bungalow is offered as a Holiday Let Business in Cornwall. Set in the charming seaside village of Seaton, near Looe, this single-story home is perfectly positioned, just a flat 155-meter walk to the always dog-friendly sandy beach and coastal path. It is a super location for fun-filled family summer holidays, walkers, fishermen, swimmers, divers, surfers, windsurfers, kayakers & boarders. Plus, it can be enjoyed in the winter, with the cosy log burner creating a relaxing atmosphere with the property close by to many areas that are great for exploring.

There really is something for everyone at this stunning location. Near the coastal path, and dog-friendly pubs and restaurants, less sporty guests can walk out to some superb eating venues and get a bus or taxi back – there are many transport links to this superb bungalow. Guests can also enjoy the delights of the linked village of Downderry, with its village shop and post office just a 20-minute scenic beach walk away.

This unique and beautiful property is already attracting high-scoring reviews and repeat bookings on sykescottages.com - although, booking on Airbnb is preferred. The current owner has pitched their prices competitively compared to properties of similar quality, in order to build a regular clientele, and because of this, the property is hugely in-demand.

During the winter, the property offers shorter breaks of 3 nights and 5 nights, during Christmas and New Year (starting any day of the week). Because of the high demand for this exceptional property, they only accept bookings from 1st April to 24th November for 7 nights or multiples of 7 nights, checking in on a Saturday. The owners also offer a discount for a month’s booking, but respectfully request that the client does not contact them with offers that fall well short of their expectations.

This much sought-after property in a prime seaside location which has 3 bedrooms and sleeps 8 is on a good-sized plot with off-road parking. Its modest £330,00 freehold price reflects the fact that it is of non-standard construction, so is most suited to buyers who are able to proceed on that basis. Lenders may put restrictions or limits on lending for the freehold element of non-traditionally built buildings so prospective purchasers should demonstrate their ability to proceed prior to viewing.

The holiday home offers some flexibility of twin or super-king beds & cot/high chair facilities. Flexible bedding arrangements mean that two of the bedrooms are normally set as twins, but can be linked as a king-sized if required. The master double has a convenient en-suite wet room and dressing area. There is also a double bed settee in the spaciously luxurious lounge.

The bungalow is a great retreat for relaxing, as it boasts a fantastic outdoor area that includes loungers, a gas barbecue, garden furniture, and a table for outside dining in its sunny, peaceful, and tranquil outdoor space.

The property is already a successful holiday let with Sykes Cottages and Airbnb. Around £8,000 is paid to a cleaning/laundry company, which could be done in-house generating additional profits. The turnover recorded also takes into account the current owner's personal use, which limits the time available for guests.

This opportunity is sold with existing bookings in place. The full contents are available at a reasonable price to enable a new owner to "Hit the ground running" and put their own stamp on the home at their own pace. Any guidance to the use of the sales sites required by a new owner would be freely given

Check-in is currently undertaken via key box. However, the addition of a "Meet and Greet" service, either by the owner or by a paid person, would allow for engagement with guests and would further improve review scores and gain repeat bookings.

Features

Key Information

  • Number of Rooms: 3
  • Booking Partners: Airbnb

Location

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  • Home Based
  • Office Based
  • Residential Location
  • High Footfall

Property

Rates
TBC
Accommodation Included
Yes
Freehold Property Value
£330,000
EPC Rating
TBC

Financial & More

Annual Turnover
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Annual Net Profit
XXXX
Stock at Valuation
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Company Accounts
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Trading Entity
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Management Structure
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Number of Employees
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Current Ownership
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