Established lakeside lodge business with hot tubs, fishing lakes and planning potential for three more units..
Four waters-edge timber lodges, each with private decking and hot tub
Set in a secluded North Devon valley, this established lakeside lodge business comprises four waters-edge timber lodges with private decking and hot tubs, overlooking two spring-fed fishing lakes. The operation produced a gross turnover of £73,736 for the year ending April 2023, trades year-round and benefits from repeat custom and a 5* TripAdvisor rating. The freehold is offered with vacant possession and includes trade inventory and site buildings that support running the business.
Significant value drivers include sizeable grounds (8.77 acres) with woodland and riverbank, stocked coarse-fishing lakes, off-street parking and a purpose-built laundry/utility area. A planning pre-application (October 2021) had a favourable outcome for three additional lodges, offering clear scope to increase capacity and revenue subject to full consent. There is also scope to diversify (day-ticket fishing, glamping or extra units).
Buyers should note material practical downsides: broadband speeds on site are very slow and mobile signal is only average, which can limit online booking management and guest expectations. The local area classification records higher deprivation and the site is in a remoter, rural location — useful for a countryside retreat but less convenient for some guest segments. The sale arises through retirement and full trading details will be provided to bona fide purchasers.
For an investor seeking a small, turn-key holiday-let operation with expansion potential and distinctive lakeside appeal, this business offers immediate income and clear development options. Conversely, operators reliant on high-speed connectivity or urban footfall should account for the rural infrastructure limitations.