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

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Coombe Mill, St. Breward, Wadebridge, Cornwall

Leisure for sale

£1,200,000

Freehold

Property & Business Summary

HOLIDAY LODGES (6) LEISURE BUSINESS
7 BEDROOM OWNERS ACCOMMODATION
SET WITH c.23 ACRES / LAKES / RIVER FRONTAGE
BEAUTIFULLY PRESENTED & EQUIPPED OVERALL
TURNOVER c.£120k NET / PROFIT c. £78K PA
EXTANT PERMISSION FOR ADDITIONAL UNITS (7)
GENUINE SALE, A RARE OPPORTUNITY
EPC’S: SEE LIST

Location

Coombe Mill is situated outside the pretty village of St Breward, with the towns of Wadebridge and Bodmin being roughly equi-distant. The peaceful valley setting is dissected by the River Camel, with our clients land and lodges being either side. St Breward has a well known freehouse, with a shop attached, primary schooling and several churches, is within Bodmin Moor and therefore enjoys beautiful rolling countryside and of course is an excellent base to explore the County.

The Properties

Our clients have owned Coombe Mill for the past 17 years and have gradually upgraded and expanded the business from the former units (1960’s), to today provide a sizeable three storey 7 bedroom family home and 6 Holiday Lodges, all developed between 2005 and 2017. The timber properties are well crafted, beautifully presented with modern features and have their own outside space, as well as access to the the river fronting grounds and child friendly amenities.

The Business

The business operates all year and is principally run by our clients with some cleaning assistance and is now being sold due to semi-retirement. The Planning Permission allows for all year round Holiday Use. Our clients have developed the business to offer high end child friendly lodge accommodation, with a ‘farm experience’ and games rooms etc, to make this a truly magical holiday experience, for the parents and their children.

In terms of the trade, we are advised the Net Turnover (after VAT) for the year end November 2019 was £119,167, which produced an adjusted net profit after all expenses of £77,837 pa. Further Accounting information will be made available to interested parties.
Please see our clients website for further details www.coombemill.com

The Accommodation Comprises

(all areas and dimensions are approximate)

Millers Lodge (2008)

A substantial detached 3 storey property with access over its own garden, outside patio leading to the principal entrance, being the kitchen and dining room.

Kitchen/dining Room

8.01m x 5.41m, a substantial room with double doors to the front overlooking the garden, 2 doors to the front and side elevations. Laminated floor. 2 radiators. 2 x 4 ring electric cookers (with extraction over), plumbing for 2 dishwashers, 2 sinks. Complimentary base, wall units and island.

Through to the rear, understairs cupboard.

Downstairs

Shower & Boot Room

3.25m x 2.37m, window to side elevation.

Office

3.16m x 3.14m, window to side elevation, radiator.

Bedroom

3.30m x 2.99m, 2 windows to rear and side, radiator.

Utility Room

3.43m x 2.35m, windows to rear elevation, stainless steel sink unit, plumbing for washing machine and commercial laundry, boiler.

From the rear hallway door to the rear elevation, radiator.

From the kitchen dining room stairs ascending to the first floor:-

Lounge

4.97m x 4.47m, French doors leading onto balcony. Windows to side elevations and further door to side, with external staircase leading to the ground floor. 2 radiators. Woodburner.

Bedroom

2.12m x 2.96m (en-suite shower), 2 windows to front and side, radiator.

Bathroom

3.56m x 1.72m, bath with shower over, low level wc, window to side elevation. Radiator.

Bedroom

3.58m x 3.26m, 2 windows, radiator.

Bedroom

3.27m x 2.78m, 2 windows, radiator.

Bedroom

3.30m x 2.68m, 2 windows, radiator.

First Floor

Hallway, with door to rear elevation and deck area to rear garden.

From lounge stairs ascending to the:-

Second Floor

Bedroom

4.5m x 4.0m, with vaulted ceiling, window to front elevation, radiator and Velux window.

Bedroom

4.20m x 3.96m, with vaulted ceiling, window to front elevation and Velux window, radiator.

Airing Cupboard

Bathroom

Velux window, bath, low level wc and pedestal wash hand basin.

Master Bedroom

7.56m x 5.54m (including walk-in dressing area and en-suite bath, shower, low level wc and pedestal wash hand basin. With window to rear elevation and a vaulted ceiling.

Holiday Lodges

Eden (2004 – 3 Bedroom/sleeps 7)

With garden and balcony to the front, leading into the open plan lounge, kitchen and dining area. A well defined space with vaulted ceiling, cooking area, defined dining and lounge completed to a high standard and with vaulted ceiling. Woodburner.

Triple room/Twin room: Bathroom with shower.
Double/Family room, with en-suite shower.

Polzeath (2017 – 2 Bedroom/sleeps 4)

With garden and balcony to the front, leading into the open plan lounge, kitchen and dining area. A well defined space with vaulted ceiling, cooking area, defined dining and lounge completed to a high standard and with vaulted ceiling. Woodburner.

Double room/Twin room.
Playroom.

Trevarno (2012 – 2 Bedroom/sleeps 4)

Twin/Double rooms.
Playroom.

Trebah (2010 – 2 Bedroom/sleeps 5)

Twin/double and a single.
Playroom and Cot room.

Heligan (2005 – 4 Bedroom/sleeps 7/8)

Single room, 2 twin rooms.
Double room with en-suite shower and separate playroom on the side.

Pencarrow (2005 – 4 Bedroom/sleeps 7)

Single room, 2 twin rooms.
Double room with en-suite shower.

Outside

To the rear of the cottages there is parking and space for bins etc.

The Site

We are advised the overall site extends to circa 23 acres and for the guests to the front of the property is the beautiful Camel River which flows through our clients’ land, making this a very idyllic setting indeed. For the guests there is a childrens’ play fort, barbeque area (by the river), a separate barbeque’ hut’, which is a wooden construction and can seat 12 plus persons around the central fire pit. Housed within some of the former holiday units is a reception and shop, games room complete with pool table, board games and table tennis and a room for wet suits and surf boards etc. Also, a crazy golf area, ‘secret garden’. Opposite the river is the majority of the land, which comprises 2 large stocked lakes and land which is laid to permanent pasture.

Amenity Barn

A substantial building of steel portal and timber construction, with concrete floor. 23m x 20m, used for housing agricultural implements and tools etc and also 2 tractors which will be sold with the business, Reco Kioti C52610. There are also a number of other trailers etc which will be left with the business for the normal functioning.

General Information

LOCAL AUTHORITY
Cornwall Council
General Enquiries 0300-1234-100
Planning 0300-1234-151
www.cornwall.gov.uk

Energy Performance Certificates

Millers Lodge (owners accommodation): C75
Letting Cottages:
Eden: D64
Polzeath: C80
Trevarno: C73
Trebar: C71
Heligan: D68
Pencarrow: D68

Planning Permission

Planning Permission granted under Application number PA15/09232 for the demolition of 7 log cabins on formation of 8 new log cabins, granted 23rd November 2015. The Planning Permission has commenced by virtue of the construction of Polzeath and it is therefore Extant should an interested party wish to develop the remaining permission. A copy of the Planning Permission and updated drawing for the layout is available upon request.

Site Plan

Site Plan showing the boundary available upon request.

Business Rates

We refer you to the government website https://www.tax.service.gov.uk/view-my-valuation/search

Services

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

All livestock (animals) to be included within the sale.

Value Added Tax

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

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

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] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [c] 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.

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Graham Timmins Head of Business Transfer View Profile

Contact us about this property

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

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