Red Barn Farm Offers Change of Lifestyle and Commercial Opportunity - An immaculate residential property business, set in two acres on the northern edge of the Lake District National Park.
We are delighted to bring to market the opportunity to acquire a fully operational, rural residential business, through this five property sale near Greystoke, Penrith. Converted to an extremely high standard, Red Barn Farm includes a mix of luxury holiday lets and owner accommodation, as well as barns with additional development potential - subject to the necessary planning regulations. Set over two acres, this unique property would be ideal for buyers seeking an exciting new income-generating opportunity, in a stunning and world-renowned destination.
Formally a farm, the property is in a private location within easy walking distance of the popular village of Greystoke. The site has excellent additional access to Penrith, Keswick and other sough-after tourist destinations across the central Lakes. It is on sale with a recommended guide price of £1,795,000.
Commenting on the scope of potential that this property offers, Glenn Howard of H&H Land & Estates said:
“Red Barn Farm really is an opportunity not to be missed. This past year we have seen an unparalleled shift in housing situations and attitudes, with buyers revaluating their lifestyle choices and priorities. According to Hamptons, over 70,000 Londoners have bought homes outside the capital over the past year!
“This property offers a new job opportunity that you may never have considered before, with incredible income generating potential and the chance for space, scenery and a new work-life-balance.”
Currently, the property is comprised of one short term residential letting, two luxury holiday cottages and two further homes occupied by the owners, though all properties have holiday let potential. Forming a horseshoe around a shared courtyard, in total the property includes 12 bedrooms, 9 bathrooms and 9 reception rooms.
Glenn continues: “Aside from the fact that the modern buildings are all in beautiful condition with bright, spacious interiors, Red Barn Farm is in a very popular area, renowned for tourism. It offers plenty of opportunities to further expand the enterprise, following relevant planning permissions being sought. For instance, the level nature of the site lends itself perfectly for glamping accommodation. Given the rise in domestic tourism and staycations over the past year, this is proving an increasingly prosperous tourism industry in this part of the world.
“Following consultations with leading holiday lettings businesses, it has been indicated that Red Barn Farm offers a possible income of around £100,000 per annum. Even over the past year’s economic challenges, one of the cottages has shown an encouraging turnover, demonstrating the scope this property offers.”
Visit Red Barn Farm property page for more details
For a full breakdown of earning potential or for any further information on the sale of this property, please call the Penrith office of H&H Land & Estates on: 01768 840619.