Fortnam Smith & Banwell - Lyme Regis

53 Broad Street

Lyme Regis

Dorset

DT7 3QF

01297 445666

Under the current ownership, since 2020, it has been rebuilt and equipped to a very high standard, having attractive timber clad elevations. The impressive features include air conditioning for heating and cooling, well equipped kitchen with electric hob, oven, microwave and fridge with ice box and a contemporary shower room with walk in shower. The single storey studio style layout extends to a kitchen, dining and sitting area with two fitted double bunk beds. HOLIDAY LETTING BUSINESS A very successful holiday letting business is currently being operated. Total gross revenue for 2023/2024 was £25,126.50. Financial year 2024/25 is so far £25,892.50. Letting contract is currently with Lyme Bay Holidays (can be terminated subject to a fee). Full trading infor-mation available on request. The quality contents of the cabin are included in the price if desired. OUTSIDE Off-road parking space owned by Sea Spray, situated close to the chalet. Front garden and raised patio terrace enjoying sea views. Two shed enclosures behind the cabin for storage. Easy access walk around the whole of the cabin. SITUATION Occupying a popular prime seaside location just to the west of historic Cobb harbour and just set back from Monmouth Beach. Situated at the heart of the Jurassic Coast, a UNESCO world heritage site, Lyme Regis is a popular seaside town famed for its many historical con-nections, character buildings and its iconic Cobb harbour. It is considered quite unspoilt though it has many of the shops and facilities one could require. The Old Town with its narrow streets is home to several galleries, restaurants and The Old Mill with its award winning brewery. Leisure facilities include a local theatre, sailing, power boat and gig clubs, local football, cricket and bowls teams and a cliff top golf course. The town lies approximately 5 miles from the market town of Axminster, with its main line railway connections to Exeter (41 minutes) and Waterloo (Approx. 2 ¾ hours). Taunton and Exeter are within a radius of about 30 miles with access to the M5 motorway and the county town of Dorchester is a similar distance. Locally there are primary schools in Lyme Regis and Uplyme along with the well respected Woodroffe and Colyton Grammar Schools. SERVICES Mains electricity, water and drainage. The cabin has eight solar panels on the roof. Excess electricity is sold to the grid meaning electricity costs were zero in 2024. VIEWINGS Strictly by appointment through Fortnam Smith & Banwell Estate Agents in Lyme Regis. Viewings are subject to holiday bookings. DIRECTIONS From Lyme Regis town centre go up Broad Street and bear left into Pound Street, then turn left down Cobb Hill and at the bottom bear right. Sea Spray is found past the car parks at the far end. AGENT’S NOTE Occupancy – 10 Months of the year. In January and February the water is turned off on site by the Council. The lease renews every 25 years and is guaranteed until 2095. It is likely to be extended to 2120 the next time the lease renews in 2045. Annual Site Charge - £3,250 plus VAT plus £436 plus VAT if let for 56 days or more.