Holiday lettings business near Louth for sale

Seven properties set around a fishing lake in nearly two acres of land in the Lincolnshire Wolds represent ‘astonishing value’ at a guide price of under £800,000, suggests one of the UK’s leading fisheries sales agencies.

Offered through Fenn Wright at a guide price of £795,000, the holiday lettings business accompanying Ashwater House on the outskirts of Louth has the advantage of including all commercial stock, fixtures and fittings, goodwill and future bookings.

“Anyone used to property prices further south and in hot spots might think there must be some mistake here, and will recognise that this represents astonishing value,” says Fenn Wright partner Martin Freeman. “But although its popularity is growing enormously and the Wolds are rightly increasingly recognised for their great beauty, there are still bargains to be had in Lincolnshire, which is why canny investors are turning their attention to the area.”

It has been in the same family’s ownership for the last 21 years.