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£1,600,000
4 bed Barn Conversion
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Price:
£1,600,000 Get Prequalified Today
Contact:
01244 340340
BR/BA:
4 BR, 2 BA
Location:
Great Barrow, Cheshire
Description:
IntroductionThe brochure contains the information aimed at either the private individual buyer who wishes to acquire a unique property OR the investor looking to acquire the overall development, or part of the development as a commercial entity.Milton Brook consists of several properties a mix of both holiday cottages, as well as private residential properties including a substantial detached cottage and one to four bedroom individual barn conversions.The present developer is looking to either sell all or part of the holiday cottage complex as a commercial concern, or is happy to split the holiday cottages and sell the two residential properties that occupy the development.Summary SalesResidential PropertiesRose Cottage & Granary Cottage - 775,000Mill Barn Cottage - 395,000Holiday Cottages Sold as One 500,000The Granary Holiday CottageGrooms Holiday CottageDiary Holiday CottageOverall Development sold as a Freehold and Commercial Business Enterprise1.6mBackgroundMilton Brook is a superbly appointed holiday cottage complex situated in the midst of the beautiful & peaceful Cheshire countryside. Close to North Wales & Chester, as well as many other sites of historical & natural interest. LocationBarrow is a civil parish containing the villages of Great Barrow, Little Barrow and Stamford Bridge. It is situated about 4.5 mi (7 km) east-north-east of Chester, 6 mi (10 km) north-west of Tarporley, and 6 mi (10 km) south of Frodsham.The village of Great Barrow offers a range of local amenities including shops, public house, and nearby Tarporley, Tarvin, Frodsham and the City of Chester provides further amenities.Investment OpportunityThe following acts as a guide, but the freehold property interest is being marketed for 1.6m, to include the holiday cottage business. Occupancy rates have been good in the 9 months to the end of September 2011, with turnover in 2010 c250,000, generating a substantial net profit. To a serious investor the developer would be interested in selling the overall development as a commercial enterprise, which could then either be continued and developed, or split to sell the individual residential properties to private buyers, and to retain the holiday cottages that have produced 250kincome in 2010. Best rate rentals for holiday lets (Prices quoted are in sterling, and represent one week)Rose Cottage 1,450pwMill Barn 1,350pwStable & Granary Cottage both 675pwDiary Barn 650pwHoliday CottagesDairy holiday cottage is a two-storey barn conversion sleeping 6 people (1 double, 1 twin, 1 bunk). There is a combined living/dining area, leading on to the kitchen, creating an open feel. The family bathroom has a shower over the bath, and a second W.C. downstairs.Grooms holiday cottage is a unique property, being all on first floor level. Sleeps 6 people (1 double, 1 twin, 1 bunk). The family bathroom has a shower over the bath. There is an open plan kitchen/living area with views across to the equestrian arena. There is an internal access to the swimming pool and games room, along with an outdoor seating area, with table and chairs in the courtyard.Stable holiday cottage is a two-storey barn conversion sleeping 5 people (1 double, 1 twin, 1 single
ursery). There is a combined living room/dining area, leading on to the kitchen creating an open feel. The family bathroom has a shower over the bath, and a second W.C. downstairs. There are interconnecting doors between Stable and Dairy, making it possible to join both together to form one large holiday cottage. Stable has a patio area with table, chairs and a charcoal barbecue. It is located a short walk away from the swimming pool and games area.
Property Type:
Single-Family Houses
Amenities:
Patio/Deck, Pool
For sale by:
Agent/Broker
Phone:
01244 340340
Posted:
Contact:
01244 340340
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Let me know if you have any questions. – Thomas C Adams
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More About this Listing: 4 bed Barn Conversion
4 bed Barn Conversion is a Four Bedroom Two Bath Houses for Sale in Great Barrow CHS. Find other listings like 4 bed Barn Conversion by searching Oodle Marketplace for Four Bedroom Two Bath Houses for Sale in Great Barrow CHS.
4 bed Barn Conversion is a Four Bedroom Two Bath Houses for Sale in Great Barrow CHS. Find other listings like 4 bed Barn Conversion by searching Oodle Marketplace for Four Bedroom Two Bath Houses for Sale in Great Barrow CHS.