EMF presents an exciting holiday business opportunity in the charming village of Tibenham, Norfolk, nestled within the heart of East Anglia. This exceptional premises, showcasing stunning Grade II listed buildings, offers versatile possibilities tailored to your lifestyle and business aspirations. Whether you dream of living in the expansive main residence with its seven bedrooms, utilising the separate cottage and annexe for multi-generational living, or diving into the lucrative holiday letting market, this one has it all!
Set on nearly 3 acres of beautifully landscaped grounds, complete with a serene pond and a babbling brook, the estate also boasts an inviting indoor swimming pool complex, perfect for guests or personal enjoyment. The idyllic surroundings enhance the property’s appeal, making it a true hub of opportunity. Whether you choose to live onsite, partially let, or operate remotely, you can customise your investment to match your lifestyle while tapping into significant income potential.
In 2021, a private treatment plant for sewage was installed, ensuring efficient and environmentally friendly waste management. Heating throughout the property is provided by LPG, offering reliable warmth all year round. The setup is perfect for large groups, hen and stag dos, as well as individuals seeking a peaceful retreat. Currently, the property is listed on Airbnb and Booking.com, providing guests with a convenient and easy booking experience.
THE BUSINESS
Currently, the owners enjoy the comfort of the main house while deriving a substantial annual income of approximately £80,000 to £90,000 from renting out the annexe, cottage, and pool house accommodations. The main house itself is available for rent at £1,400 per night during the owner’s annual 6-week absence, with the annexe, cottage, and pool house fetching attractive average nightly rates of £80, £150, and £170 respectively.
With an occupancy rate hovering around 60%, there is ample room for growth. Previous operations approached an annual turnover near £200,000 when run solely as a holiday letting business, so we are advised. This presents an ideal scenario for potential owners interested in residing in the cottage, which can easily be made private and separate, while managing the lucrative holiday lettings across the rest of the site.
ACCOMMODATION
Waterloo Place
This exquisite period property, brimming with character, spans three floors and connects seamlessly to the pool house via the swimming pool. Upon entering the main front door, you are welcomed by an inviting hallway with stairs leading to the first floor. To your right is a convenient W/C, and to your left, the grand main reception room, which features a stunning inglenook fireplace and exposed beams. The open-plan kitchen and dining room include a large central island, leading to a rear hallway with a secondary staircase, a utility area, and another reception room. From this rear hallway, you can access the swimming pool. The first floor hosts five distinctive double bedrooms, three en-suite bathrooms, and two additional bathrooms. The upper floor adds two more double bedrooms.
Pool House
The self-contained pool house provides flexible, extensive accommodation and is also accessible from the indoor pool into the kitchen area. Inside, there is a spacious sitting room, a kitchen/dining room, two double bedrooms, and two shower rooms with W/Cs. One of the bathrooms includes a steam room. The property also has its own private external entrance leading into the sitting room.
Detached Cottage
This charming detached cottage features exposed beams and other character elements, with French doors in the sitting room opening onto a decked area overlooking the pond and wrapping around to the rear of the property. The cottage also includes a utility room, a porch entrance, a fitted kitchen/dining room, and a ground floor cloakroom. The first floor hosts an en-suite bedroom with an adjacent walk-in wardrobe.
Annexe
Attached to the main house, the Annexe offers independent access via its own external door. It features an open-plan sitting/bedroom area, a shower room, and a kitchenette, all with views of the rear garden.
Grounds
The property is set within approximately three acres of private grounds, including formal gardens and woodland along the front boundaries. A long, tree-lined driveway provides a grand approach to the property and ample parking area. Off the indoor swimming pool complex, there is a private, secluded courtyard perfect for alfresco dining. The pool house complex, cottage, and annexe each have their own separate access points, offering the flexibility to use them as independent accommodations or as part of the main estate.
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ADDITIONAL INFORMATION
AGENTS NOTE: This is NOT a business for sale as a going concern.
REFERENCE NUMBER: INV36076E.
TENURE: Freehold.
RATES PAYABLE: We are advised that the site is not registered for business rates.
Council Tax payable:
Main House – Band H.
Cottage – Band B.
This information has been provided to us by the vendor and any interested party is advised to enquire of the local authority to check the position with regards to business rates that will apply to a new owner.
STAFF: None.
EPC: Full Energy Performance Certificates available on request.
PRICE: GUIDE £1,200,000 to £1,300,000.
For the benefit of the Freehold Property. Fixtures, Fittings and Contents available by separate negotiation. This is not a business for sale as a going concern.
VIEWING: Strictly by appointment only, please get in touch to make an appointment.
FINANCE: We may be able to help you with business financing or your commercial mortgage needs, subject to eligibility. Please let us know if you need our assistance with this and we will put you in touch with our recommended whole of market broker.
BUSINESS TO SELL: Thinking of selling your business? That’s our business!
If you are interested in finding out how much your business is worth, we offer a free and confidential valuation service. You can choose the time and day that suits you best, and we will give you an honest and professional assessment. Please contact our office at your convenience to book an appointment.
PREMIER MARKETING: We are passionate about showcasing our businesses in a way that sets us apart from others. We provide quality property details and comprehensive information on all online platforms and our own website. If you want your business to stand out from the crowd, call us to book a free valuation.
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DISCLAIMER
1. Money Laundering Regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets, flooring or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
