The acquisition of Old Mill Creek complex represents a unique opportunity to acquire a lifestyle business combining secure commercial rental income, a beautiful home and a working boatyard. The various businesses and property that combine to form the Old Mill Creek complex have been established for many years and carefully assembled by the current sellers over a long period of time.
The commercial element comprises three distinct sections, the working boatyard known as Creekside Boatyard, Old Mill Boatyard which is let to individual businesses, and a substantial commercial investment.
The heart of the Complex is a working boatyard sited on a large level hard surfaced area with direct river access. Vehicle and pedestrian access is also available over a driveway from the made up and adopted public road.
The boatyard has been in operation for many years and provides a valuable facility for maritime users in the area. There is extensive accommodation for boat storage, lift out and lift back in facilities and covered workshop space. Winter storage has averaged approx. 1200 ft.
There is also a substantial sectional steel frame and aluminium clad workshop capable of providing covered storage for vessels up to 45ft. There is a further covered workshop and storage area, an office, parking for a number of vehicles, and a shower together with male and female wc's.
The annual income from the boatyard averages around £45,000 per part of the commercial activity income is also derived from the area of foreshore shown blue on the plan which is used for boat moorings.
Old Mill Boatyard:
This section of the Complex comprises a two storey building constructed in the 1970’s around a steel frame which has been clad externally. The building is sub-divided into a number of separate offices and workshops together with a flat. There is also hard standing for boat storage, parking, wc facilities and 15 lock up stores.
The main workshops range from around 250 sq ft to 1,000 sq ft occupied by a number of marine based businesses. There are further workshops and hardstanding storage areas beyond the main building.
In addition there is an area suitable for 6-8 mud berths and pontoon leading to a dry dock barge. Tenancy details are provided in the table below. The annual income is in the region of £35,000.
Commanding a secluded, hillside setting, Creekside Bungalow has been extended and renovated in recent years and now provides bright and spacious accommodation laid over two floors.
The ground floor accommodation comprises a spacious entrance hall with useful storage cupboard and stairs up to the first floor landing, a kitchen/breakfast room with bespoke oak units, granite worktops, a central island, space for an Aga, flagstone tiled flooring, and patio doors out to the decking. Off the kitchen is the sun room, with vaulted ceiling, and giving access to the utility room. Also located on the ground floor are the three double bedrooms. The master bedroom enjoys access to the decking via patio doors, as well as a useful dressing room and a contemporary en suite bathroom with "his and hers" sinks and a freestanding bath. Bedroom two also benefits from access to the decking and an en suite shower room. The third double bedroom is located next to the family bathroom.
The first floor accommodation comprises a large landing area, currently used as a dining area and a separate sitting area, both enjoying the lovely countryside views over the River Dart. There are also several points of access to the eaves space which provides useful storage. From here the main sitting room is accessed which also enjoys the lovely water and countryside views. Being dual-aspect, it benefits from a high degree of natural light, as well as vaulted ceilings with exposed timber beams and a door out onto the balcony- providing a great place to relax and take in the secluded setting.
Dartmouth is one of the most popular and picturesque tourist destinations in Devon, as it’s not only close to the sea, but it’s also situated on the River Dart. Its location on the river means it has historical importance and was the former home of the Royal Navy. It was also the sailing point for the Crusades in the 12th century.
Now a popular tourist destination set on the banks of the River Dart - with a tidal river running inland as far as Totnes and beyond. It lies in the South Devon Area of Outstanding Natural Beauty and South Hams District and has a small resident population of about 5,500 inhabitants.
Dartmouth has a busy town centre with many attractions for tourists, including its shops, restaurants and galleries. Dartmouth is the location of many local events, such as the annual Dart Music Festival and the Port of Dartmouth Royal Regatta. There are a number of lovely beaches in the South Hams and excellent golf courses at Dartmouth and Churston.
Road: A38 Devon Expressway to Plymouth and
Exeter - 14 miles. M5 motorway, Exeter - 37 miles.
Rail: Totnes - 12 miles. (mainline to London Paddington.)
Air: Exeter International Airport - 44 miles.
The Chalet Bungalow:
There is ample parking for several vehicles as well as a garage with a useful studio room above, suitable for a variety of uses. There is also a useful workshop which could provide extra storage.
To the rear of the property is a large area of decking which enjoys the afternoon and evening sun and lovely countryside views across the River Dart - making it the ideal spot for al fresco dining and entertaining. Below the decking is an area of lawn, bordered by hedging and trees giving privacy. An informal pathway leads down to the mooring on the creek.