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Bradford Abbas, Sherborne

Key features

  • Freehold site with established income
  • 2 Beautiful holiday cottages
  • 10 Privately owned holiday lodges sold on licences
  • 4 Privately owned leasehold holiday cottages
  • Multi-use Outbuilding used as office, laundry room & machinery storage
  • Index linked plot fees
  • Holiday letting income
  • In all about 2.9 acres
  • Exceptional views
  • Potential for further lodges STP

Description

A superb established and profitable investment opportunity with a proven track record and future potential in an attractive Dorset country location.

Introduction - A premium holiday site with established income streams from index linked site fees together with two fully owned successful holiday letting barn conversions. Situated in the grounds of a former farmstead with outstanding southerly views, the site was developed in 2009 and has 14 privately owned quality holiday lodges and cottages. In the centre of the site, lies a former traditional stone piggery currently providing office, laundry and machinery storage. There is also potential for future development STP.

Situation - The site is gated with coded access. A gravel driveway runs centrally with the properties laid out informally on either side, with many retained character features including stone walls. The property lies approximately a mile from the popular village of Bradford Abbas within North West Dorset and close to the border with Somerset. The village has a good range of amenities including a Church, Primary School, Public House, Village Shop and Sports Centre. The historic abbey town of Sherborne is within 4 miles and Yeovil 3 miles both offering an excellent range of shopping, recreational and scholastic facilities. Mainline railway stations to Exeter and London Waterloo are also available from both towns.

The Business - There are currently three income streams, the first is ground rent for each lodge/cottage. The plot fees are reviewed annually in line with the Retail Price Index.
The two owned holiday cottages are let for holidays and have proved highly popular and produce significant income. The two cottages comprise:
Property 1 – 2 bedrooms, 3 bathrooms, sleeps 4
Property 2 – 1 bedroom, 2 bathrooms, sleeps 2
Both cottages are finished to a very high standard with 5 star review ratings. They both include a hot tub and have ample parking and a sun deck at the front with views. There is also an electric vehicle charging point for the exclusive use for both holiday properties.
The third income stream is available from the tenant’s property maintenance.
There is potential for further income from letting the tenant’s properties.
A more detailed breakdown of income streams and costs via the accounts can be provided to qualified prospective purchasers who have viewed the property.

Services - Mains electric, mains water (metred) and private septic tank drainage with 2 tanks serving the whole site.
Heating to all properties is LPG central heating with metred supplies from tanks on site.
Broadband, fibre to site.
Mobile coverage ‘Likely’ with EE, O2, Three and Vodafone (Ofcom).

Outgoings - Business Rateable value - £7,000

Fixtures And Fittings - Only those mentioned in the sales particulars are included in the sale. All others are excluded but may be available by separate negotiation. However, the majority of the furniture, contents, fixtures, fittings and equipment in the owned letting cottages will be included.

Rights Of Way - The property is sold subject to and with the benefit of any public or private rights of way or boundaries. In particular, the parish council put in an application for a public footpath in 2008 but this has not yet progressed.

Directions - From Sherborne, take the A30 towards Yeovil and after about 3.5 miles turn left signposted to Bradford Abbas. Follow this road for about 1 mile to the crossroads. Turn right and follow this road for about ¼ mile and turn right again. Follow this no through road to the top and the entrance to the property is on the right.

Viewings - Strictly by appointment through Stags Holiday Complex department on

Disclaimer - IMPORTANT: Stags gives notice that: 1. These particulars are a general guide to the description of the property and are not to be relied upon for any purpose. 2. These particulars do not constitute part of an offer or contract. 3. We have not carried out a structural survey and the services, appliances and fittings have not been tested or assessed. Purchasers must satisfy themselves. 4. All photographs, measurements, floorplans and distances referred to are given as a guide only. 5. It should not be assumed that the property has all necessary planning, building regulation or other consents. 6. Whilst we have tried to describe the property as accurately as possible, if there is anything you have particular concerns over or sensitivities to, or would like further information about, please ask prior to arranging a viewing.

Brochures

Bradford Abbas, Sherborne
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Bradford Abbas, Sherborne

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Yeovil Pen Mill Station1.2 miles
  • Yeovil Junction Station1.4 miles
  • Thornford Station1.8 miles
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About the agent

Stags, Yeovil

4-6 Park Road, Yeovil, BA20 1DZ

Stags, Yeovil
Stags Yeovil Office

Established in 2006, Stags' Yeovil office is ideally positioned on the Dorset/Somerset border and is the firm's most easterly branch. The office can be easily found in Park Road, with convenient parking close by at Tesco. The team deals principally with the valuation and sale of farms, country property, equestrian property, as well as houses and bungalows in the numerous small towns and villages in the area.

Yeovil and the surrounding area...

The

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Industry affiliations

Property Redress SchemeNational Association of Estate AgentsRoyal Institute of Chartered SurveyorsAssociation of Residential Letting Agents

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Disclaimer - Property reference 33253873. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Stags, Yeovil. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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