Location
The Isles of Scilly are located off the south western tip of Cornwall and comprise 5 inhabited islands together with numerous islets. Renowned for its mild climate, rugged scenery and migrating birds, 85% of the islands income is estimated to come from tourism.
Holy Vale is situated in the centre of the principal island of St Mary’s in a sheltered location and within easy reach of Hugh Town, the airport and the many beautiful bays. The Islands are well served by a regular passenger ferry from Penzance together with a helicopter service and fixed wing flights from Lands End, Newquay and Exeter.
Holy Vale
Holy Vale is a rare opportunity to acquire a freehold property with vacant possession on the Islands. It includes a 3/4 bedroom former farmhouse with residential use and 4 properties used for holiday letting purposes. Additionally, there is a marvellous large amenity room/sun room as well as workshop building and stores. The property has the potential to be reconfigured due to the interlinking of the properties, subject to obtaining the necessary Planning Consents. It offers both a home and the potential for income from holiday letting and the opportunity to enjoy the relaxing lifestyle on the Islands.
Summary of Accommodation
Farmhouse: Traditionally constructed two storey farmhouse with Lounge, Kitchen/Breakfast Room, Sun Lounge, 3 Bedrooms, Bathroom, first floor balcony and Attic Bedroom.
Magnolia: Two storey cottage, formerly part of the farmhouse, and having split-level open plan living area, exposed granite former fireplace in fitted kitchen area, 2 bedrooms and shower room.
Camellia: Two storey cottage with reverse level accommodation with 2 double bedrooms, open plan living area with fitted kitchen and shower room.
Honeysuckle: First floor flat with external access and porch and with open plan area with fitted kitchen, shower room and 2 double bedrooms.
Flat 4: A ground floor flat with open plan living area, shower room and double and single bedrooms.
Sun Room: A substantial stone constructed single storey amenity building, converted in the late 1990s from a glass house and having tiled flooring with Velux roof windows providing attractive multi-purpose space (79 sq m).
Packing Shed: A former packing shed with glazed roof and part glazed elevations (74 sq m).
Store Building: A mainly Granite built workshop and store with sliding entrance door and walk in chiller (51 sq m).
There is a lawned garden to the front and side of the farmhouse and patios to the front of the Cottages. There is a further upper garden area bounded by trees, shrubs and camellias. There is vehicle parking to the front of the workshop and store. The farmhouse and two cottages are interlinked and could be remodelled to provide differing accommodation subject to obtaining the necessary Planning Consents.
Planning
The Farmhouse is understood to benefit from full-time residential use. The four other properties are restricted to self-catering holiday use. Prospective purchasers must however rely on their own enquiries with the Isles of Scilly Council Planning Department.
Services
Mains water and mains electricity is connected to the properties. Drainage is by way of two septic tank systems but there will be an obligation on the purchaser to install a new tank to replace an existing tank which is shared with an adjoining property. Heating is by way of two oil fired heating systems, one serving the farmhouse and one serving the four letting properties. No testing of any of these services have been carried out by the agents. Energy Performance Certificates have been prepared for each of the properties and are separately attached.
Business
Holy Vale is vacant and unfurnished. It has previously operated for many years as a holiday letting complex but information relating to income and expenditure is not available. The farmhouse and letting units mainly benefit from fitted carpets with kitchens benefitting from built-in appliances.
Business Rates and Council Tax
The property has a current Non-Domestic Rating Assessment of £7,300 and a proposed assessment from April 2010 of £9,300. The residential Farmhouse falls within Council Tax Band F. This information is given for guidance purposes only.
Tenure
The property is offered for sale freehold with full vacant possession, subject to contract.