Showcasing the Best of Welsh Business

Holiday Lettings Business Offered for Sale at Auction House South Wales

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An established holiday lettings business, set in the sizeable grounds of a three-bedroom family home in the picturesque valleys town of Heolgerrig near Merthyr Tydfil, is being offered for sale at auction on May 17 by Auction House South Wales.

The business achieves realistic revenues of £50,000 per year from the three well-equipped, self-catering holiday lettings adjacent to the main house. The lodges have received a 4-star rating from Visit Wales and Booking.com, and currently hold a 5-star Trip Advisor rating.

 

 

 

 

 

 

The site comes with a secure bike store and wash-down areas for mountain bikes, plenty of parking, a BBQ area, children’s play area, and a launderette with a large drying room. The lodges have accessible and level entry and shower facilities. A workshop and a large garage are also attached to the site.

The property sits on the doorstep of the Brecon Beacons and is situated both near the new Bike Park Wales and Brecon National Park, offering spectacular views of the surrounding valleys. Cardiff is located 25 miles away with good links through Merthyr Tydfil Railway Station.

Auction House South Wales are joint-auctions with long-standing partners, Bidmead Cook at a guide price in excess of £600,000.

Auction House South Wales auction manager, Mick Haywood, said:

“Not only does this lot include a well-appointed three-bedroom family home, it is a fantastic opportunity for business-minded buyer to own an established and successful tourism venture in beautiful surroundings. Subject to planning and change of use, the site could also provide a redevelopment opportunity.

“With easy access from Cardiff and the A470, the site is part of a thriving tourism industry in the Brecon Beacons. With a guide price of just £600,000 it is going to attract a great deal of attention.”

For further information on how to bid, specific policy references and general auction information, please visit www.auctionhouse.co.uk/southwales/auction/lot/83470

To sell a property with Auction House South Wales, the closing date to enter properties into the May auction is 28 April 2017.