Parkhouse Lane, Keynsham £2,250,000

• Investment Opportunity - Existing Business With Opportunity To Increase Return to 17% Yield
• Grade II Listed Farmhouse & 4 Separate Holiday Cottages
• Gross Income of £100k per annum (Potential For Further Revenue)
• Comprehensive Business Plan Available To Illustrate Multiple, Additional Revenue Streams
• Set Within 2.33 Acres & Positioned To The Fringes of Beautiful Open Countryside
• No Onward Selling Chain
• Instant Revenue Available With Future Bookings In Place
• Located To The Outskirts of Keynsham, Easy Rail Commute To Both Bath & Bristol
• Potential For Development Of New Houses (Subject To The Relevant Permissions)
• Lower SDLT Available

Parkhouse Farm & Holiday Cottages is a thriving, highly profitable business and offered for sale with fantastic additional revenue streams available, providing the opportunity to increase the return on investment to an impressive 17% yield.

In its current format, the romantic 16th century farmhouse serves as the main family residence, whilst the four recently converted holiday cottages are utilised as high occupancy holiday lets. Not only is the property in its entirety for sale, but also the fantastic opportunity to purchase an up and running business with income available from day one, due to the future bookings already secured.

Consistent income, with high occupancy rates have been achieved in recent years, despite the holiday cottages purposely not pursued to its full occupation capacity. Despite these four cottages not reaching their full potential, last year a highly profitable gross income in excess of £100k was achieved. A comprehensive business plan has been compiled, illustrating the multiple revenue streams available. These vary from simply utilising the Farmhouse as holiday lets, as one or as multiple room lets, converting an additional fifth holiday cottage within the grounds, hosting large corporate events and even the possibility of using the grounds and buildings as filming locations.

The grounds, measuring approximately 2.33 acres also provide the potential for further development. With newly built developments within the vicinity, the opportunity to develop the grounds is evident, although of course this is subject to the relevant planning permissions being achieved. Please note, there is an overage clause attached to part of the land. Full details of this are available from the agent.

Currently the Grade II listed main building acts as a six bedroom family home, full of character and charm one would expect of a home dating back to 1641. A stunningly preserved historic property with an air of ancient serenity and long preserved charm. With stunning accommodation encompassing three floors, the balance of period features and contemporary touches is perfectly executed. Appointed to the ground floor, three grand reception rooms, and a conservatory provide a wealth of living spaces. The separate kitchen is a true farmhouse kitchen, with views to the rear of the plot and plenty of space for a breakfast table. A utility and cloakroom complete the ground floor. Six bedrooms, the main family bathroom and two ensuite's can then be found to the upper two floors. The principle bedroom is a truly wonderful area, complete with a dressing room and an en-suite bathroom - an elegant space that wouldn't have gone a miss back when the property was first built.

The four holiday cottages, have been recently renovated and again, in keeping with the Farmhouse, are packed full of character and charm. They are all self contained holiday lets, complete with living and bedroom areas, and include kitchen and bathroom facilities. All of which are accessible via the sweeping driveway away from the main family home. The conversion of these cottages were recognised by the LABC who acknowledged the development for its 'building excellence in the delivery of outstanding construction and workmanship'.

The property is located on the fringes of beautiful open countryside, with superb far reaching views of the surrounding area. Yet is within easy reach of the bustling market town of Keynsham. Positioned directly in between the cities of Bath & Bristol and easily accessible via the Train Station with Keynsham High Street.

Few large holiday homes can match the historic charm, idyllic setting and laid back atmosphere, whilst few business opportunities offer the same high yielding opportunity that Parkhouse Farm does.