Beddgelert, Caernarfon LL55

Beddgelert, Caernarfon LL55

Freehold | Holiday Complex

Offers over £1,200,000
Snowdon Ranger 4.6 miles
Beddgelert (Stop B) 0 miles
Beddgelert (Stop A) 0.1 miles

A holiday investment business comprised of five income producing holiday cottages situated in the stunning Snowdonia National Park.

A rare opportunity to purchase a portfolio of five holiday cottages run as a successful local business and located in the heart of the popular rural village of Beddgelert in the Snowdonia National Park.

The cottages are located within a small purpose built estate which provides ample space for each individual property whilst maximising the delightful countryside views.

PROPERTY
A purpose built development of 5 holiday cottages set within the heart of the Snowdonia National Park.

DIRECTIONS
From the centre of Beddgelert village take the A498 in the Porthmadog direction passing Café Glyndwr on your right. The entrance to Coed Gelert is located on your left opposite the Snowdonia National Park visitor centre.

LOCATION
Coed Gelert is situated in the heart of the popular tourist village of Beddgelert. Set in the heart of the Snowdonia National Park, Beddgelert is surrounded by picturesque mountain scenery and enjoys a year round tourist season with the village being a popular base for exploring numerous tourist attractions whilst also attracting visitors into the National Park from the Porthmadog, Criccieth and Caernarfon areas.

AMENITIES
Beddgelert offers a range of public houses , cafes, shops and restaurants that are well orientated to the tourist sector. There is also a small primary school located within the village.

The small coastal town of Porthmadog is about 7 miles from Beddgelert and offers more substantial services including a secondary school, local and national supermarkets and a mixture of independent retailers. The county town of Caernarfon is within a 30 minute drive and hosts a range of larger national retailers and supermarkets.

For travelling further afield, the North Wales coast is easily reached by way of the A55 North Wales Expressway which also provides links to the national motorway network. Manchester International Airport and Liverpool John Lennon Airport are within two hours and a direct train link from Bangor to London Euston takes approximately 3½ hours.

THE COTTAGES
Coed Gelert is comprised of a purpose built development of 5 holiday cottages which has been trading successfully since 2001.

The site is comprised of three 2 bedroom cottages and two 3 bedroom cottages which provide modern and comfortable accommodation throughout. The cottages are arranged to make best use of the living space for the holiday accommodation market with an open plan ground floor and each master bedroom benefitting from en-suite facilities.

Externally each property benefits from dedicated parking spaces and garden. The cottages are arranged around a central private drive which leads directly into the centre of the village.
Coed Gelert also enjoys the benefit of a private right of way across neighbouring National Trust land to the burial place of Gelert, the local legend from which the village derives its name. Guests may walk easily through woodland and fields to arrive at Gelert’s grave from which other pleasant walks may be taken and the stunning mountain views enjoyed.

TRADE
Coed Gelert has been owner operated successfully since 2001 and trades year-round to a healthy profitable level. Owing to its location in the Snowdonia National Park, and the quality of the accommodation, the business continues to see bookings outside of the main summer season with many return customers. The business benefits from its own website and the business has scope to increase profitability by promoting higher occupancy and accommodation rates.

The business trades below the VAT threshold and further financial information is available from the selling agent, on request, with actual trading accounts to be made available following a formal successful viewing.

Further information in respect of Coed Gelert and the business opportunity can be found by accessing the following link:
http://www.snowdonia-cottages.net

METHOD OF SALE
The freehold of cottages and estate are owned by Glaslyn Leisure Limited and its directors. The business has operated successfully since 2001 and the business is now offered for sale including all property assets and fixtures.

TENURE & POSSESSION
The freehold of the property is owned by the Glaslyn Leisure Limited and its directors.

PLANNING
The individual holiday cottages benefit from full residential use with no restrictions on the length of occupancy throughout any calendar year.

WAYLEAVES EASEMENTS & RIGHTS OF WAY
The property will be sold with the benefit of all wayleaves, easements and rights of way, whether mentioned in these particulars or not.

The property has the benefit of a pedestrian right of access across neighbouring National Trust land to Gelert’s Grave.

A right of access is reserved across the property for the owners of the adjoining property Plas Tegfryn.

LOCAL AUTHORITIES
Gwynedd County Council
01766 771000
www.gwynedd.llyw.cymru/

EPC RATINGS
Y Garn EPC rating: E (45)
Sygun EPC rating: E (45)
Aran EPC rating: E (45)
Hebog EPC rating: E (45)
Craig-Y-Llan EPC rating: E (48)

Detailed EPCs for all five properties available upon request.

VIEWINGS
Strictly by confirmed appointment with the selling agents, Carter Jonas 01248 360414

The next steps...

Before making an offer on a property you will want to consider your financial situation, your income and outgoings.

Will you finance the purchase of your next property from the sale of an existing property which can put you in a chain, arrange a mortgage through your bank or buy the property outright.
 
To help you finance your next property purchase, we have a long established relationship with an independent mortgage broker who can discuss your situation with you.

Remember that having a 'mortgage decision in principle' can make you a more attractive buyer when you make an offer on a property. Contact our mortgage advisers for free, no obligation and impartial advice.
 
Some advantages of a broker are:

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  • You get more loan options because they work with numerous banks and lenders
  • Brokers can finance tricky deals because of their knowledge and various lending partners
  • Are typically easier to get in contact with, less bureaucratic.

However with your bank maybe able to:

  • Build off existing relationship (discounts if you have a checking/saving account)
  • You may already know the banker who will handle your mortgage
  • Perhaps more trustworthy, more accountable than a smaller shop
  • Lower interest rates in some cases
  • Ability to add mortgage to existing banking profile and make automatic payments from linked account.

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Key Property Details
Additional attributes
Holiday Complex
Locality
Rural
Tenure
Freehold
Carter Jonas reference
BAN190011
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