Guest house for sale
Property description & features
- Tenure: Freehold
- Stunning Grade II listed Mill.
- Located on the banks of the River Thurne on the famous Norfolk Broads.
- Set across 5 floors, including 2 bedrooms, kitchen/living room, bathroom and utility room with potential for additional floor to be refurbished.
- Freehold car parking space.
- Private mooring with immediate access to the River Thurne, and potential to purchase additional mooring subject to separate negotiation.
- Perfect investment for a couple, family or existing business to take on a thriving, well established and highly rated holiday let, with lots of growth potential.
- Full freehold residential status allowing all year round occupation.
- Available to view immediately.
Martham Mill, Martham, Norfolk. - Paul Hubbard Commercial is delighted to present this stunning, early 20th century built Mill in Martham, Norfolk.
Situated on the Norfolk Broads, in the heart of the beautiful Norfolk countryside, Martham Mill has stood proudly for over 100 years overlooking the River Thurne.
Originally constructed as a windpump to help prevent the nearby marshlands from flooding, the mill was fully operational unit the mid 1930’s, and was converted into residential in the 1950’s.
In more recent times, since 2020, the property has operated as a successful holiday let, having been sensitively renovated and refurbished to combine it’s beautiful original features with some more modern touches throughout.
The mill is set across 5 floors, with the kitchen and living room on the ground floor, bedrooms on the first and second floor, an empty room which is ready for refurbishment on the third floor, and the top floor has been recently renovated by specialist boat builders to provide stunning views of the surrounding countryside and rivers from the mill cap.
More recently, an adjoining, wooden-clad unit has been constructed on the ground floor to extend the property, with a brand new bathroom, hallway and utility area. This is also accessible via the kitchen/living room area.
The exterior is a beautiful space where guests can relax and enjoy the peace and quiet that only the Norfolk Broads can offer. To the rear of the property is an enclosed, wooden decking area with a picnic table, which also provides access to the more modern ground floor unit. There is also a grassy area next to the entrance of the mill which can be used as another seating area, with breath-taking views on to the river and marshlands.
In addition, the property boasts a private mooring to the front which is leasehold, which sits alongside a peaceful garden area where guests can sit and enjoy the beautiful river views. The neighbouring mooring could also be purchased subject to separate negotiation.
Guests can enjoy use of the boat throughout their stay, offering a truly unique experience to anyone looking to explore the Norfolk broads and it’s surrounding landscape.
The holiday let enjoys a high occupancy rate, however the current owner chooses to let only in the months of May to November. This presents a big opportunity for buyers who are looking to expand their portfolio and maximise its earning potential.
A one week stay is currently around £1400.00 per week in peak season, however this could be increased considerably once the additional bedroom has been refurbished. This could increase the occupancy capacity from 4 people up to 6.
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