Carmarthenshire’s Seascape Apartments complex sold
Property News - Carmarthenshire’s Seascape Apartments complex sold
A high quality holiday destination overlooking the world famous Pendine Sands in Carmarthenshire has been sold by leisure park sector specialists Colliers International.
Seascape Apartments and the adjoining Llether House have been sold to a local investor off an asking price of £950,000.
The high quality self-catering holiday complex provides 20 apartments set in extensive grounds overlooking Pendine Sands. The complex has planning permission to develop eight further villas.
Colliers International leisure park specialist, Ben Jones said the sector was beginning to show signs of recovery after years in the doldrums.
He said: “Seascape ticks all the boxes as far as location and facilities are concerned and there is considerable scope for further investment.”
The idyllic hillside site extends to almost 19 acres and includes an extensive area of woodland. The site provides superb views out to sea and across Pendine Sands - made famous during world land speed record attempts.
The complex was developed around Llether House, a substantial Victorian manor and coach house which has been converted into six apartments, which are available to let. A further seven modern villas were completed in January 2010 and provide an additional 14 apartments.
Set in the heart of the ‘Garden of Wales’, the park makes an ideal base to explore The Pembrokeshire Coast National Park as well as nearby Tenby and Saundersfoot.
A haven for outdoor pursuits’ enthusiasts, the park is situated off the A4066 and is some 18 miles from the A48 at Carmarthen.
The Llether House and Coach House apartments had been operational for a number of years prior to the development of the Seascape apartments which became fully operational in January 2010, let through booking agents Hoseasons.
Following a family bereavement, the business had ceased trading and receivers were appointed.
Ben Jones concluded: “We were pleased to see this fine property over the line. There is planning permission to develop the park facilities even further along with ample space to grow the business, subject to the necessary consents.”