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Barn conversion
Underdown Hollow, Sherborne DT9
£899,000
Underdown Hollow, Sherborne DT9
£899,000
Our Summary
- There is currently a planning application for 3 further holiday lodges to be added to the site under planning reference P/ful/2024/04791, If successful, this provides further scope for additional income from the sales and/or letting of the new lodges
- There is also excellent potential from a fourth income stream generated from letting the tenant's properties, with exclusive rights for doing so falling to the owner of the freehold title
Description
This luxury holiday cottage site, known as Saxon Holiday Lodges, is a freehold property situated in 2.9 acres of Dorset countryside. The site comprises 4 privately owned leasehold holiday cottages, 10 privately owned holiday lodges, and 2 luxury cottages owned by the vendors. The property features a range of amenities, including an office, laundry, and machine storage space, as well as a gated complex with private parking and electric vehicle charging points. The business opportunity offers four different income streams, including rental income from the owned holiday lets, plot fees from the privately owned leasehold holiday cottages and lodges, maintenance services, and the potential for letting the tenant's properties. The property is well-positioned between Yeovil and Sherborne, with easy access to the Jurassic Coast and a range of local attractions.