The Malzie PortfolioWigtown, Newton Stewart, Dumfries and Galloway, DG8 9BE
Offers Over £550,000
- Unique holiday let business opportunity
- 4 Bedroom bungalow
- 3 bedroom holiday let cottage
- 1-2 bedroom further holiday let cottage under renovation
- C-Listed former Smiddy with lapsed planning
SITUATION The ‘Malzie Portfolio’ sits as a group in a rural area known locally as Malzie (pron. Mal-yee), around 5 miles from the small town of Wigtown. Wigtown is internationally renowned for its annual Book Festival, and as such is home to numerous book shops, as well as lovely cafes. A good range of shops, schools, services and supermarkets is available in the larger town of Newton Stewart, around 10 miles north, and it is known as the gateway to the Galloway Forest Park. Outdoor pursuits and holiday activities are available in abundance in the area including hiking, fishing, mountain biking and equestrian pursuits. Travel options include ferry services to Northern Ireland at Cairnryan north of Stranraer, mainline rail travel from Stranraer and Dumfries, and flights from Prestwick, Glasgow and Edinburgh airports, all within a two hour travel radius.DESCRIPTION The portfolio comprises: Smithy Cottage, a three bedroom cottage, renovated and kitted out to a high standard, which is currently run as a holiday let. The furnishings and equipment are available by separate negotiation. Haggarty Cottage, which is a partially renovated one or two bedroom cottage which will be very suited to holiday letting when complete. There is a range of kitchen fittings and appliances, along with shower room sanitary ware and equipment which are not yet fitted, available by separate negotiation.Mungo Park, a four bedroom bungalow built in 1988, which has been let out on a long term basis by the current owners, but would be an ideal owner’s accommodation from which to run the holiday lets. C Listed Malzie Smiddy which is currently used as storage but would convert to a fabulous studio apartment for holiday letting to singles and couples, subject to obtaining all necessary planning consents. Still in situ is the mill wheel, said to be the only one of its kind in Scotland, as well as the internal machinery. This could be renovated to working standards as a project, and in fact must be kept according to previous planning, now lapsed, obtained by the current owners.The garden grounds are extensive and feature a bridge, also Listed, over the Water of Malzie which runs along the northern boundary, and both formal and wildlife areas. There is ample private parking for all three dwellings. There is fibre broadband in the area and Mungo Park is connected.**There is a possibility for a purchaser to also lease 4 miles of single bank fishing (3 beats) on the River Bladnoch by separate negotiation with the neighbouring landowner. The lessee would have to manage the fishings. The agents can put potentially interested parties in direct contact with the estate manager**ACCOMMODATIONSmithy CottageGround Floor: Entrance Vestibule. Sitting Room. Conservatory. Bedroom 1. Kitchen. Sun Room. Shower Room.First Floor: Bedroom 2. Bedroom 3.Haggarty CottageGround Floor: Sitting Room. Kitchen. Shower Room. Bedroom 1. Bedroom 2/Utility Room.Mungo ParkGround Floor: Entrance Vestibule. Hallway. Sitting Room. Kitchen. Dining Room/Bedroom 4. Master Bedroom. Ensuite Bathroom. Bedroom 2. Bedroom 3. Utility Room. Garage. Further Detached GarageGARDEN AND GROUNDSA private track leads from the minor public road and runs past all parts of the portfolio, widening to a parking sweep, and ending at the bridge. There is ample parking for several vehicles adjacent to and in front of the cottages, with scope to create more should the Smiddy be developed. Mungo Park has its own parking within its grounds as well as two garages, the grounds have a well-established woodland created by the current owners around 25 years ago and a small orchard of apple trees. A stunning natural area has been created with a meandering cut path leading through and connecting the gardens of the two cottages. With the Water of Malzie also running past the northern boundary, the grounds are a haven for wildlife including many different species of wild birds, deer, foxes and the occasional otter. Mungo Park has its own separate mature garden with a range of lawns, trees and shrubs bounded by stone dykes.