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Le Vieux Clos

£625,000

Details

  • £625,000
  • Block and render house
  • Rooms: Conservatory, lounge / dining area, kitchen, office, laundry room, 4 external workshops / outbuildings
  • Location: Central
  • Lease: Lease expires 4th June 2049
  • Date Available: Available subject to arrangement
  • Market: Open Market

Property Description

A wonderful opportunity has arisen to purchase the lease of Le Vieux Clos.  Located centrally, close to the Sark’s old Mill at the highest point of the island, this substantial property is only a few minutes’ walk from the the Avenue, Sark’s principal thoroughfare.  Known locally as “The Doctor’s House”, as the local doctor used to reside here in previous years, this Georgian-style house was built circa 1860 and is now an elegant and comfortable guest house.  This property could continue to be operated as a guest house which is very popular and well established with new and returning guests, or could make a delightful family home.  The magnificent house is set in a plot in the region of 1,750m², or just under half an acre, with established gardens surrounding  the property in all directions including peaceful seating areas, lawned areas to relax in, multiple outbuildings, an orchard, vegetable patch and greenhouse for those with green fingers.  Le Vieux Clos boasts a ground floor footprint of 189m² / 2,034ft².

Currently, a total of 9 bedrooms, 5 en-suite as well as an additional family bathroom and 2 separate shower rooms, set over 3 floors facilitate the commercial aspect, there is also a south-facing conservatory, lounge / dining room, commercial kitchen and a laundry room located to the rear of the property, it would be simple enough to adapt to a family home full of period character.  This spacious property is immaculately presented, in excellent condition with ongoing investment having taken place over the past decade and is tastefully decorated throughout.  Le Vieux Clos has been operating as a guesthouse and licensed beer garden and this established business could remain with the ability to potentially earn in excess of £100,000 with full occupancy as well as non-resident dining and the beer garden from April through September.

Le Vieux Clos has mains electricity with LPG gas bottles for most aspects of cooking.  There is an oil-fired boiler for central heating and hot water; solar panels heat some of the hot water required.  Water is provided by its own borehole and with its own filtration system.  The property has its own sewage treatment system.

Lease Term:  Expires 4th June 2049.

Ground Rent: £220.84 per annum with a 5-yearly RPI increase next due in 2024.

Property Tax: £2,096.00 per annum at the 2023 rate of £16.00 per quarter.  The measurements of the property equate to 131 quarters, with 17 of those as total dwelling quarters.

Viewing: Strictly by appointment only through Sark Estate Agents as the Vendor’s sole agents.

Possession: Available subject to arrangement.

Price: £625,000.

These details are the property of Sark Estate Agents Ltd and are not for reproduction without permission; they are issued on the implicit understanding that all negotiations concerning this property are conducted through this Agency and whilst care is taken in setting out these details we do not guarantee their accuracy, nor do they form a contract or any part thereof.

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