Holiday letting business just under 5 miles from Hay-on-Wye in the Wye Valley. Located close to the English and Welsh border within easy reach of the Black Mountains and Brecon Beacons National Park.
5-bedroom Grade II Listed farmhouse with three holiday cottages set around a traditional courtyard with further development potential.
Set in 3.5 acres.
For sale as a whole by private treaty.
Location
Located on the edge of Glasbury on Wye and under 5 miles from Hay-on-Wye and the England / Wales border. Glasbury has a range of local facilities including Wye Valley Canoes, a petrol filling station and shop, Glasbury House Outdoor Education Centre, village hall, The Harp pub and Foyles of Glasbury, which is known for good food within the area. Local primary schools are in Clyro and Hay-on-Wye. The Gwernyfed High School is 2.7 miles away.
Hay-on-Wye is renowned for the international Hay Literary Festival held in May and November each year. There are a range of facilities and amenities such as restaurants, cafés, public houses, football ground, bowling club, vet, shops, weekly market, pharmacy and Co-op supermarket.
The Cathedral city of Hereford is 25 miles away providing supermarkets, a hospital, cinema, theatre and railway station with London Paddington and Birmingham New Street services.
The Black Mountains are located to the South of the property with enhanced public access to the summits of Hay Bluff, Twmpa and Waun Fach. The area is known for outdoor pursuits including hiking, cycling, horse riding, canoeing on the River Wye, fishing, and stand-up paddle boarding on the river. Offa's Dyke footpath passes through Hay-on-Wye and the Wye Valley Trail passes by the property following the line of the River Wye.
The property is located just outside the Bannau Brycheiniog / Brecon Beacons National Park which is known as a tourist location due to its enhanced public access for walking, cycling, horse riding and its picturesque landscape including the summit of Pen y Fan. The town of Brecon is just over 12 miles away providing further local facilities including a cinema, theatre and The Griffin at Felin Fach which is known to be a high-quality restaurant and pub.
Tourist attractions locally include the castle at Hay-on-Wye and Llanthony Priory in the Black Mountains. In addition to the Hay Festival, the area also hosts the Royal Welsh Agricultural Show in Builth Wells and the Green Man Festival on the Glanusk Estate, which are major attractions for guests.
The Business
The property has been in the same ownership since 2019 and now provides an established and successful business with a gross turnover of £83,929 with a profit of £41,846 year ending April 2023. The business is VAT registered.
The business provides three high quality holiday letting cottages. The accommodation is promoted via the business website and advertised through various sites including Booking.com, Airbnb, Awaze.com and Hay-on-Wye.co.uk. The current owners have received consistently high praise from previous guests and Booking.com rates the business 9.7 based on customer feedback.
The cottages sleep up to 19 people and are often booked together by one party. A dining table to accommodate larger groups can be set up in one of the cottages.
There are a range of outbuildings within the courtyard that are currently used for storage but could be developed into further holiday letting accommodation or interconnected to existing cottages to provide additional bedrooms, subject to gaining the relevant planning consents.
The business is for sale due to retirement. Trading information can be provided to bona fide purchasers.
Property
Grade II Listed property from the late 18th century. There is a cobbled courtyard to the rear of the house with a range of traditional stone barns which have been converted into three holiday letting cottages and additional outbuildings which have development potential.
The Farmhouse
The Farmhouse has recently been refurbished and provides accommodation of entrance porch into hall with stairs to first floor accommodation. Sitting room with bay windows looking towards the Black Mountains and across the gardens with traditional fireplace. Study with bay windows overlooking the gardens and traditional fireplace. Dining room with traditional fireplace. Inner hall. Utility room. Cloakroom with WC and fitted wash hand basin in vanity unit. Recently refurbished kitchen with snug area and door leading out to a side garden and patio.
Cellar at lower ground floor.
The accommodation at first floor level comprises five bedrooms and a recently refurbished bathroom. Bedroom 1 has a newly refurbished en-suite shower room and bedroom 3 has a newly fitted en-suite bathroom and dressing room.
Cottage 1
Two-storey, 3-bedroom stone built cottage accessed from the central courtyard. The accommodation on the ground floor comprises of sitting room with wood burning stove and kitchen/diner with underfloor heating and original Range, now only used as a feature. At first floor, a landing, three bedrooms (principal bedroom with en-suite bathroom) and bathroom. Outside parking for 3 vehicles and a private decking area with outside seating. (Sleeps 6).
Cottage 2
Two-storey, 4-bedroom stone built cottage accessed from the rear of the courtyard via a shared driveway with Cottage 3. The ground floor accommodation comprises an entrance porch, two bedrooms and shower room, all with underfloor heating. At first floor, a landing, open plan sitting/dining room and kitchen area with beamed ceilings and central heating. Two further bedrooms and bathroom. Outside parking for 2/3 vehicles and a seating area for guests. (Sleeps 8).
Cottage 3
Two-storey, 3-bedroom cottage comprising accommodation on the ground floor of entrance hall and two bedrooms with en-suite Jack & Jill bathroom, all with underfloor heating. At first floor, a landing, open plan sitting/dining room and kitchen area with woodburning stove and principal bedroom with en-suite shower room with central heating. (Potential to add a freestanding bath within the bedroom as a unique selling feature). (Sleeps 5).
Floorplans of the cottages can be obtained from Carter Jonas.
Outside
To the rear of the farmhouse is a cobbled courtyard with parking for Cottage 1 and the Farmhouse.
Within the courtyard, there is an archway leading through to Cottage 1 and Cottage 3 where there is a table tennis table, climbing wall, barbeques, additional firewood for the woodburning stoves and ball games such as boules and football for guests to use.
In the courtyard there is a traditional two-storey stable block with original wooden loose boxes and block flooring which could be developed into an additional holiday letting cottage, subject to gaining the relevant planning consents.
Also in the courtyard is a further stable area which has potential to be interconnected into Cottage 2 to provide an extra en-suite bedroom at ground floor level or could be converted into a separate en-suite bedroom to be used as guest accommodation, subject to gaining the relevant consents.
The gardens surround the property and are laid mainly to lawn with trees and shrub borders. The farmhouse has private gardens and a patio area next to the kitchen with a high degree of privacy from the guests.
The rear gardens of Cottage 2 and Cottage 3 are laid mainly to lawn and have their own driveway separate from the Farmhouse and Cottage 1. Single-storey workshop of block construction with double doors, currently used as a garden store housing two automatic boilers and hot water cylinders for the three holiday letting cottages.
Method of Sale
The property is offered for sale by private treaty, inclusive of trade inventory to includ