Water's Edge

White Cross Bay

£395,000

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Water's Edge

395,000

Lodge Address

Water's Edge Lodge
Lake View 8
White Cross Bay
Windermere
LA23 1LF

Lodge Information

Bedrooms 3
New / Preowned
Rental Status Yes
Licence Period 44

About Water's Edge

We are pleased to advertise this spacious, luxury and well appointed three bedroom holiday lodge at White Cross Bay. It boasts an enviable position on the park being situated by the lake and marina offering extensive views of the fells beyond. The lodge will comfortably sleep 6 guests with the added bonus of two double bedrooms each with a king size bed. 

When not used by the current owners it is successfully let by Lake District Lodge Holidays and produces significant rental incomeabove and beyond all running costs and a healthy surplus. The lodge has a 90% occupancy rate and is hugely popular with many guests returning year after year. 

This is a rare opportunity to purchase a top specification holiday lodge in one of the most sought after locations at White Cross Bay at a price well below what a comparable new lodge would cost. 

Accommodation Details

Living area:

  • Entrance through the hallway to the side of the side of lodge with a cloak room cupboard

  • Spacious open plan lounge, kitchen and dining area

  • The living and dining area has solid wood flooring

  • Feature slate fireplace and electric fire

  • 2 and 3 seater cream leather sofas, matching cream reclining chair plus reading chair

  • Dining table with 6 chairs

Kitchen area:

  • Bright and spacious fitted kitchen with 5 ring gas hob

  • All integrated appliances – double electric oven, fridge, freezer, microwave and dishwasher

  • Plenty of crockery, cutlery and storage space

  • Floor lighting and island breakfast bar with stools

Master bedroom:

  • King size wooden bed frame and bedside drawers

  • Wall mounted TV

  • Walk through wardrobe leading to the en suite shower room with corner shower cubicle, fitted bathroom furniture, hand basin and toilet

Second bedroom:

  • King size wooden bed frame, bedside drawers and mirror fronted wardrobes

Third bedroom:

  • Full size twin beds, bedside drawer and mirror fronted wardrobe

Family bathroom:

  • Stylish family bathroom with over bath shower and screen, fitted furniture, wall to wall mirror, hand basin and toilet

Rentals: Gross rentals in 2018 season were £53500. 2019 year to date £38500.
 
Contents: All fixtures and fittings plus linen for ongoing rentals can be purchased by separate negotiation.
 
Licence: There is a remaining licence term of 44 years.
 
Park Costs: 7.5% plus VAT purchase tax is included in the price.
 
Fixed: Annual site fees payable 1st January (c£8000 - 2019) Rates & Water Rates (£1001). Insurance (depending on insurer).

About White Cross Bay

White Cross Bay is located in the heart of the Lake District on the main A591 between Windermere & Ambleside on the shores of the lake. It is a very popular location to own a lodge and for visitors. The park has extensive clubhouse facilities with a pool, gym and sauna, restaurant and bar and private owners lounge. Boat moorings at the private marina. The main centres of Windermere, Bowness & Ambleside and all the local attractions are in easy reach.