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£795,000freehold

Mill Race Lodges, Llangunllo, Knighton, Powys LD7 1SP

  • Three high quality holiday lodges
  • Outstanding location and set in 2 acres of land
  • Income producing
  • Further development potential, subject to statutory consents
  • freehold

DESCRIPTION
The property sits in a site of approximately 2 acres. The property comprises of three high quality detached holiday letting lodges which were constructed by the vendors. The holiday cottages are located in grounds benefitting from a river frontage and an idyllic location.
Each holiday cottage benefits from a private hot tub, parking for two vehicles, access to a freezer and a barbecue area. The rest of the site benefits from lawned areas, which are well presented and have development potential (subject to statutory consents).

THE BUSINESS
The property benefits from three detached holiday cottages. The vendors have established a highly respected holiday letting business from the property. The property is only reluctantly offered for sale by the vendors due to their retirement.

A viewing needs to be undertaken to understand the high quality of this opportunity.

Financial information is available from the selling agents, upon request. There is significant potential to increase profitability by higher occupancy rates or the further development of the site (subject to statutory consents) with numerous potential leisure opportunities.

A full appreciation of the property and the business opportunity by accessing the following link:

https://www.cottages.com/cottages/mill-race-lodges-lodge-3-w43692

LOCATION
The property is located in a small cluster on the edge of Llangunllo near Knighton located just off the B4356. Llangunllo is located approximately 7 miles from the town of Knighton, where all local amenities are available. The property has to be inspected to appreciate it's outstanding location, which is in an area of outstanding natural beauty.

Knighton is an area best known for its association with Offa’s Dyke, but due to the town being partly in Wales and partly in Shropshire, there are many nearby attractions, including, in Wales, the red kite feeding station, the Judges Lodgings, Spaceguard Centre, Elan Valley and Powys Castle.


The town had a population of 3,172 people at the 2011 census and is located on the side of the Teme River. Knighton is located approximately 30 miles midway between the County Town of Shrewsbury and the City of Hereford and is located at the junction of the A4113 and the A488.

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