Cornish holiday cottage business seeks buyer

Glynn Barton, a leading holiday cottage business near Bodmin in Cornwall, has come to the market for offers in excess of £2,500,000 through Chesterton Humberts.

The business, which specialises in holidays for families with young children, is set in a beautiful elevated position with panoramic valley views, equidistant between the south and north Cornish coastlines. It was named ‘Best for small children' in The Times newspaper this April.

The 4/5 bedroom main farmhouse comes with a stone-built 1-bed guest annexe, eight letting cottages, an indoor swimming pool and an all-weather tennis court.

The business is very profitable, enjoying sixty per cent repeat business and referrals, most of whom are families from the south east of England. In 2009, the business was fully booked for over 40 weeks of the year with gross turnover in 2008/2009 of £256,157 net of VAT.

It was bought and modernised 10 years ago by Lucy and Andy Orr who moved from London to Cornwall when Lucy was pregnant with their first child.

“The property was already being run as a farm holiday business with six 2-star cottages on site, in desperate need of modernising,” said Lucy.

The Orrs spent six years doing renovations, restorations and rebuilds and each winter they added a new facility. In 2004 a six month project was undertaken to modernise the existing cottages and to restore two old barns to the 5-star cottages they are today.

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