KNOWN AS KNOWN , NORTH DEVON, EX37 9BN DEVON, , NORTH AND FURTHER DEVELOPMENT POTENTIAL POTENTIAL DEVELOPMENT FURTHER AND

HOLIDAY PARK ESTATE WITH GROUND RENT INCOME RENT WITH GROUND ESTATE PARK HOLIDAY UNMBERLEIGH FOREST PARK LODGES, HIGH BICKINGTON, PARK FOREST For Sale By Private Treaty Subject to Contract

 16 x lodges with ground rent and service charge income  1 x two bedroomed lodge suitable for owners accommodation or rental  Set within 2 acres of woodland  Scope for further income from management / change over services  Planning permission for 4 further lodges, suitable for resale or rental  Located in elevated woodland position overlooking River Taw Valley  Further woodland available by separate negotiation

PRICE: Offers are invited in the region of £495,000 for the freehold interest to include trade of fixtures, fittings and equipment and the goodwill of the business

SITUATION phases. Phase 1 which is available Set within mature woodland, the complex comprises of 17 lodges, 16 sold on long sits in an elevated position overlooking lease, with one retained for owners the Taw River Valley, just off and above accommodation or further rental income. the A377, with the villages of Umberleigh As a result of the lodges being sold on and High Bickington being 5 and 2 miles long leases the owners of the site derive away respectively, where amenities such the benefit of the ground rent and service as Public Houses, railway station and 18 charge payments which each owners pays hole golf course can be found. annually. The owners lodge is 2 first floor bedrooms with kitchen / diner and The regional centre, Barnstaple, is lounge at ground floor level. There are 4 situated 12 miles to the north with its further plots on which new owners could array of High Street shops, banks, develop additional lodges for sale or supermarkets, out of town retail parks and holiday rental to produce additional leisure facilities. The A361 (North Devon income. Link Road) provides convenient access to the M5 motorway at junction 27. Set within the mature woodland there is a wide variety of established flora and THE COMPLEX fauna and plenty of pathways for Forming part of a larger complex the site woodland walks in which to spot some of is set in approximately 2 acres of the local wildlife. woodland and accessed down a tree lined drive. The complex offers a peaceful and THE BUSINESS “retreat like” destination. Over a number Our clients currently derive income from of years our clients have developed 30 the ground rents and service charges quality holiday lodges, in two distinct collected from the lodges that have been sold on long leases, these figures amount Double glazed doors to balcony, dual to approximately £25,000. The current aspect, radiator, en-suite bathroom owners do not currently offer holiday management or change over services to BEDROOM 2 the lodge owners, this is something that 12`7 max x 12`2 max (3.85 m x 3.70 m) could be introduce to provide further Double glazing, fitted wardrobes, revenue streams. Each time a lodge is radiator, en-suite bathroom sold the owners of the site receive a fee of 1%. There is scope to develop 4 further IMPORTANT INFORMATION plots on site to provide further lodges either for rental income or for selling on Tenure long leases to provide further ground rent Freehold. and service charge income. Each individual owner of their lodge is Woodland responsible for the maintenance, There are two further plots of woodland insurance and council tax (business rates). available by separate negotiation being 4 acres and 8 acres respectively. For more THE INVENTORY information please contact the Agents. The property is sold with an inventory of trade fixtures, fittings and equipment. Services Mains water, electricity, bulk gas and THE ACCOMMODATION private drainage.

LODGE 3 Local Authority Being a detached 2 bedroomed holiday Torridge District Council, Riverbank home with 12 month holiday occupancy House, Bideford, North Devon. Tel: 01237 428700. LOUNGE 15`10 x 14`3 (4.85 m x 4.35 m) Double Viewing glazed entrance doors, radiator, electric Strictly by appointment through the Sole fire, laminate flooring Selling Agents.

KITCHEN/DINER Directions 14`2 x 8`7 (4.30 m x 2.60 m) Eye and From the A361 Bishops Tawton base units, worktops, plumbing for Roundabout proceed through Bishops washing machine, stainless steel single Tawton village on the A377. At drainer sink, gas hob, gas oven, dual Umberleigh village carry on for a further aspect 4 miles and turn right at Kingford, signposted High Bickington and CLOAKROOM Burrington. Continue up Kingford Hill and turn right at the Forest Park Lodges FIRST FLOOR sign.

BEDROOM 1 12`7 max x 12`2 max (3.85 m x 3.70 m) Commercial Funding

Having been in the trade for many years we have established good connections in the finance sector. Our association with these Banks and Commercial Brokers mean that we are able to offer you introductions to competitive finance packages, for a new purchase or refinance purposes alike. Whether it is initial advice on your likely purchase level or if you are at the point of making an offer, you will often be able to achieve preferential rates, possibly saving you thousands of pounds. Please call for more information.

IMPORTANT NOTICE JD Commercial for themselves, and for the Vendors of this property whose Agents they are, give notice that: 1. The Particulars are set out in general outline only for the guidance of intending purchasers and do not constitute part of an offer or contract. Prospective purchasers should seek their own professional advice. 2. All descriptions, dimensions and areas, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct, but any intending purchaser should not rely on them as statements or representations of fact and must satisfy themselves by inspection or otherwise as to the correctness of each of them. 3. No person in the employment of JD Commercial has any authority to make or give any representation or warranty whatever in relation to this property or these particulars nor to enter into any contract relating to the property on behalf of JD Commercial, nor into any contract on behalf of the Vendors. 4. No responsibility can be accepted for any expenses incurred by any intending purchaser in inspecting properties which have been sold, let or withdrawn.

PROPERTY MISDESCRIPTIONS ACT 1993 1. All measurements are approximate. 2. While we endeavour to make our sales particulars accurate and reliable, if there is any point which is of particular importance to you, please contact JD Commercial and we will be pleased to check the informa- tion for you, particularly if contemplating travelling some distance to view the property. 3. We do our utmost to comply with this Act in full. However we are also trying to represent our clients’ properties in their high possible light, as such we may use summer photographs to promote some properties.

VIEWING By strict appointment through the selling Agents, JD Commercial, 42 Ridgeway Drive, Bideford, North Devon. EX39 1TW TEL: (01237) 424053 / 07868 846357 E-MAIL: [email protected] or Bushnell & Green Property Agents, 106 East Street, South Molton, North Devon EX36 3DB TEL: (01769) 574363 / 07966 576014 E-Mail [email protected]

JD COMMERCIAL, 42 RIDGEWAY DRIVE, website : www.jd-commercial.co.uk BIDEFORD, NORTH DEVON, EX39 1TW email : [email protected]

TEL: 01237 424053 / 07868 846357