For Sale AYSGARTH, NR LEYBURN, NORTH YORKSHIRE DL8 3SP
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For Sale AYSGARTH, NR LEYBURN, NORTH YORKSHIRE DL8 3SP A well established and profitable holiday letting lodge estate of a high quality, in the heart of the Yorkshire Dales 1 2 Unparalleled location in Bishopdale, on the edge of Wensleydale, within the Yorkshire Dales National Park 3 4 SUMMARY n 55 modern fully-furnished holiday letting units n Lodge letting income of £1.1m for Year Ended n Detached four bedroom traditional Yorkshire (50 lodges) plus 4 owner-occupied lodges and 31st March 2016 farmhouse (requiring further renovation) and 2 holiday static caravans n Lodge letting income forecast to March adjoining one bedroom furnished cottage n Planning consent for an additional 2017 of £1.133m and Hendersons turnover n Extending to around 7.97 hectares (19.75 20 holiday lodges £168,508 for the same period acres) of mature landscaped grounds with n Hendersons Bar and Restaurant (recently n Full letting agency through market-leaders, views of the surrounding Yorkshire Dales extended to provide 50 covers) offering Hoseasons countryside high quality dining for local clientele and lodge guests For sale freehold as an operational entity. 5 6 THE OPPORTUNITY The Westholme Estate offers investors and operators a variety of opportunities to further develop the business: Development of up to 20 additional lodges – which already have planning consent, with service connections in place and adequate capacity to service these additional units. Completion of the farmhouse refurbishment – subject to the completion of various outstanding works (including, for example, windows, kitchen and bathroom refurbishments) this attractive and substantial property would be ideal for owner occupation, as a substantial holiday letting unit or for separate sale. Individual sale of ‘buy-to-let’ lodges – following the example of other successful lodge sales schemes, the opportunity exists to sell lodges to private investors and provide them with an attractive return on investment from holiday letting (combined with a holiday home for their occasional use) Individual sale of lodges for owner-occupation – as with many other lodge developments, the sale of lodges on long lease or licence with the requirement for a pitch fee (or service charge and ground rent) is a strong option for the remaining development on the park, or potentially for sale of some of the existing letting lodges. 7 YORKSHIRE DALES NATIONAL PARK Bellerby Askrigg Redmire Leyburn A684 Bainbridge Hawes Wensley A684 West Witton Middleham Thoralby West Burton A1(M) Hartlepool A66 A688 Middlesborough YORKSHIRE DALES NATIONAL PARK A591 A66 Darlington A66 Bellerby Richmond Askrigg Redmire A6 M6 Leyburn Kendal A684 Leyburn A684 Bainbridge Hawes Wensley A684 West Witton A19 Middleham Thoralby Ripon Barrow-in-Furness A65 West Burton Morecambe A1(M) Lancaster A59 Harrogate Skipton Yo r k M6 A59 A19 Blackpool M65 Bradford Leeds LOCATION Westholme Estate enjoys an attractive countryside Wensleydale is a highly popular destination given In addition there are a variety of family-friendly Approximate distances to the property are: setting in beautiful Wensleydale, in the heart its central location within the National Park and visitor attractions and places of interest in the Leyburn 7 miles of the Yorkshire Dales National Park. Located with a host of charming and picturesque towns and local area including Bolton Castle, the Forbidden Richmond 16 miles approximately 1 mile to the east of the village of villages nearby including Hawes (location for the Corner, the Wensleydale railway and the famous Kendal 36 miles Aysgarth, famous for the spectacular Aysgarth Falls James Herriot TV series), Leyburn, Aysgarth, Askrigg, Wensleydale Creamery at Hawes. Over the fells Harrogate 40 miles (as featured in ‘Robin Hood, Prince of Thieves’) Constable Burton, Bainbridge and Middleham. For to the north is Swaledale and the historic market Middlesborough 45 miles with the historic market town of Leyburn 7 miles walkers, cyclists and outdoor enthusiasts there are town of Richmond; to the south is Wharfedale and Leeds 55 miles to the east. many suitable routes (including part of the 2014 towns such as Grassington, Skipton and Ilkley all Tour de France which ran through the Aysgarth within easy reach. Close to the A684 main road, which runs the area) and paths to enjoyA1(M) – indeed,Hartlepool the Yorkshire length of Wensleydale, there is good access via the The recent improvement of the A1 Motorway and A66 Three Peaks (Whernside, Ingleborough and Pen Y A1(M) near Bedale, some 19 miles to the east. To Bedale bypass has made this spectacular location Ghent) areA688 within easy reachMiddlesborough and all the features the west, over the Pennines, is the M6 (Junction 37) more accessible than ever before. A591 A66 of a classic limestoneDarlington landscape, including limestone being around 31 miles away. A66 pavements, caves and potholes, scars and fells. Richmond A6 M6 Kendal A684 Leyburn 8 A19 Ripon Barrow-in-Furness A65 Morecambe A1(M) Lancaster A59 Harrogate Skipton Yo r k M6 A59 A19 Blackpool M65 Bradford Leeds DESCRIPTION HENDERSONS BAR/ RESTAURANT AND RECEPTION Westholme Estate enjoys a south-easterly The park has an attractive central facility accessed The accommodation comprises: aspect with excellent Dales views across open via the lower entrance road, with car parking n Reception office countryside towards Dove Scar and the Height area and terrace to front. The main building of Hazely. The property has been developed in incorporates a reception/office and modern bar/ n Rear office/store a series of tiers down to Bishopdale Beck at the restaurant known as ‘Hendersons’. Constructed n Kitchen south eastern boundary. of stone with steel profile pitched roof, the n Preparation area (recently extended) and cellar building has recently been extended to increase Access to the property is well signed from the n Bar/restaurant area, with central feature the restaurant area and the number of covers has village centre of Aysgarth and A684 via a minor fireplace, providing 50 covers grown to 50. Fully furnished to a high standard, road, Westholme Bank. There are 2 splayed n Private dining/TV lounge the award-winning restaurant is popular with lodge entrances, the lower one leading to the main guests and local clientele alike. n Separate ladies and gents toilets reception and Hendersons. n Disabled WC/shower 9 N Bishopdale Beck Vacant plots when caravans removed Children’s Play Area Laundry Block Hendersons Bar/Restaurant Manager’s Cottage Westholme Farmhouse KEY Cedar/Cedar VIP Oak/Oak VIP Maple/Maple VIP Laburnum/Premier VIP Maple Superior Owner-occupied lodges Sycamore VIP Owner-occupied statics Beech VIP Vacant Plots 10 Indicative only. Not to scale. Number of Number of THE HOLIDAY ESTATE Name Unit description letting units lodges/pitches Westholme Estate is a well-established holiday Semi-detached real log lodge (sleeps 2): open plan kitchen/living area, 1 double bedroom with Cedar and Cedar VIP 10 5 lodge park with consent for 74 holiday units, and en suite shower, outside terrace; VIPs with hot tub. is a broadly rectangular area of land extending Detached timber-clad lodge (sleeps 4): open plan living area, 1 double and 1 twin bedroom, Maple and Maple VIP 24 24 to approximately 19.75 acres (8 hectares). The shower/bathroom; VIPs with hot tub. 17 with hot tub. Detached timber-clad lodge (sleeps 4): open plan living area, 1 double with en suite and 1 development is in a highly attractive setting Maple Superior 1 1 twin bedroom, shower/bathroom. at various levels running down to the stream Detached timber-clad lodge (sleeps 4); open plan kitchen/living area, 1 double and 1 twin Sycamore VIP 12 12 which forms the western boundary. The current bedroom, shower/bathroom; outside decking with hot tub. 7 with en suite. development consists of 50 lodges, including 5 Detached real-log luxury lodge (sleeps 4): Large open plan living area, double bedroom with Beech VIP 2 2 pairs of semi-detached units, providing a total en suite shower, twin bedroom with bathroom; terrace with hot tub. of 55 letting units (1 currently utilised as staff Detached real-log deluxe lodge (sleeps 4) open plan living area, double bedroom with Oak and Oak VIP 4 4 accommodation), together with 6 owner-occupied en suite, twin bedroom, bathroom, with terrace; VIPs with hot tub. Detached real-log luxury lodge (sleeps 6) open plan living area, 2 double bedrooms (1 with en holiday static caravans/lodges. Laburnum VIP and Premier VIP 2 2 suite shower), twin bedroom, bathroom; terrace with hot tub (Premier with 3 double bedrooms). All the letting lodges are exceptionally well Owner occupied lodges 4 appointed and furnished for holiday letting, with modern kitchens featuring integrated appliances Owner occupied statics Seasonal licenses 2 including hob, microwave, fridge freezer and Vacant plots 20 marked on plan (but note planning restricts site to 74 pitches) 20 dishwasher. Open-plan living areas equipped with LCD TVs and DVD players, including FreeView to all lodges. Excellent ensuite shower/ CHILDREN’S PLAY AREA bathroom facilities. A spacious children’s play area with a mix of Each lodge has a private terrace or veranda and wooden play equipment and picnic tables, all laid there are 44 lodges with private hot tubs. All on a well maintained area of lawn. lodges are let through Hoseasons letting agents. PETS CORNER / ADDITIONAL LAND LAUNDRY BLOCK The park has its own ‘pet’s corner’ with stables and Situated close to the main reception there is a 2 further paddocks accommodating sheep, horses, single storey, stone-built detached building with chickens and other farm animals. There is further a multi-pitched profile metal and Yorkshire stone land to both the south eastern section (subject to roof which comprises a recently-enlarged laundry flood risk) and to the north east of the property, area and cleaning store, with 2 toilets, 2 showers the latter area having consent for the further lodge and external wash-up area.