Three income-producing holiday lodges in Wales for sale, with potential to grow

A rare opportunity has come up to buy three income-producing holiday lodges in Wales. The trio of properties are set in two acres of picturesque grounds at Mill Race Lodges, on an idyllic river frontage location in Llangunllo, near Knighton, Powys.

The lodges, which last year featured in an episode of the popular Channel 4 TV series “Four in a Bed”, are on the market for offers based on £750,000. The freehold site where the properties are located has previously had planning permission for the development of two more lodges on the site.

James Mattin, managing director of Bond Wolfe, said: “The existing three holiday homes at Mill Race Lodges are high quality detached lodges, each coming with a private hot tub, parking for two vehicles, access to a freezer and a barbecue area. They are all open plan in design, and each have three bedrooms, with Lodges 1 and 2 also both having a sauna. As an added bonus, the site on which Mill Race Lodges are located has the potential to develop two further lodges. This has previous had planning permission, although new consent would be needed.

This is a genuine retirement sale, so there is a great opportunity here to acquire not only an income producing asset, but also one with immediate potential to expand the business. The sale also includes recently refreshed branding, website, social media and the current guest database.”

Situated in an area of outstanding natural beauty, Mill Race Lodges attract visitors from all over the UK to enjoy the areas’ desirable and picturesque countryside. Knighton is on the border of Shropshire and Wales, with nearby attractions including Offa’s Dyke, Powys Castle. the red kite feeding station, the Spaceguard Centre and Elan Valley.

James Mattin added: “This investment opportunity could equally appeal to an established leisure operator, or someone looking for a first time investment they can easily grow. We are expecting a lot of interest as the summer approaches and families start to think about holidays, including UK staycations.”

Further details are available on https://www.elmescapes.com/ or by contacting  [email protected]