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H & H King Ltd - Penrith Estate Agent in CA11 7SU
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9 bed Detached property

Available
For Sale
Listed Jun 21, 2024
£1,200,000
Available

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Description

" Beautifully positioned, close to Hadrians Wall, & with panoramic views over the South Tyne river valley, a wonderful lifestyle business opportunity comprising a substantial 5 bedroom family home, 2 successful holiday cottages & a popular leisure pool, all set in woodland & grounds circa 8 acres.

Owned and operated by our clients for many years, Glendale is a fabulous chance to take over a successful leisure operation, situated in the rolling hills of Hadrians Wall country and found adjacent to, but just outside the boundary of the World Heritage Site.

Well located the property lies close to the market town of Haltwhistle and is well served for transport links via the A69 west to Carlisle and the Lake District National Park, and the east, Newcastle being less than 50 minutes driving away. The property also benefits from being just south of the Keilder Forest Park, making it a year round destination for holiday visitors.

A former farmstead, the properties sit in just over 8 acres of land, with formal gardens around the properties, the remainder comprising woods and level open land.

Currently the accommodation comprises the main Glendale House, which has been extended a number of times throughout its lifespan, creating a most flexible family residence with 5 reception rooms and 5 bedrooms, Glendale Cottage, a self contained 3 bedroom rental unit with 2 bathrooms and Glendale Mews, a detached 1 bedroom rental unit, both of which have private gardens.

Set around a courtyard, there is ample parking and a selection of barns, stores and garages, just outside the courtyard is additional parking and the detached swimming pool. This operates as its own business, separate from the cottages, and is well patronised by members of the local community, with a gross annual return in the region of £50,000.

The cottages themselves currently operate with an occupancy in the region of 80% PA and return in excess of £35,000 PA.

Accounts are available for inspection on request.

Operated at a level to suit our clients needs, the businesses have excellent potential for enhancement and expansion. Our clients have previously applied and received permission for 7 luxury holiday lodges in the grounds. This has lapsed however initial discussions with Northumberland County Council have indicated that subject to a resubmission process, permission would be again granted. Please enquire for further details.

Available for sale with the cottages to include all contents, having the benefit of forward bookings, and to include the transfer of the website, the property presents a most appealing opportunity to acquire a business with an established income, with viewing highly recommended to appreciate the completeness of the package on offer.

Directions
From Carlisle follow the A69 east taking the left turning towards Greenhead. Follow the B6318 for 2.5 miles to reach Glendale.

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Services
Oil powered central heating with mains electric and water being connected. Neither these services nor any boilers or radiators have been tested. Drainage is to a septic tank. Any alterations required to meet current regulations are to be the responsibility of the purchaser. Solar panels to Glendale House and Glendale Cottage.

Material Information
Standard construction.
We understand that broadband and mobile telephone reception are available.
There is private off road vehicle parking.
There is a footpath which crosses the land.

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Property Location

Average Price
The average asking price of 9 bed Detached properties For Sale in is £1,200,000. The most recent sale of the same type on this road was on Mar 21, 2024 for £245,000. The crime level in the surrounding area is very low.
Crime
The crime level in the surrounding area is very low.
Nearby Schools
Haltwhistle Primary Academy
1.0mi
Greenhead Church of England Primary School
2.1mi
Gilsland CofE Primary School
3.9mi
Henshaw Church of England Voluntary Aided Primary School
4.5mi
Whitfield CofE Primary School
6.9mi
Nearby Stations
Haltwhistle Station
1.3mi
Bardon Mill Station
5.3mi
Haydon Bridge Station
9.2mi
Brampton (Cumbria) Station
9.5mi
Hexham Station
15.3mi
Schools
Stations
On the map
Road view

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