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Refurbishment of previously converted Clay Dry Building converted into 7 Holiday Units

The West Dry, Carbis Wharf, Carbis, Roche, St. Austell, Cornwall, PL26 8LA

The Location

Set in rural Cornwall between St Austell and Bodmin, The Westdry offers a peaceful, countryside retreat within reach of major Cornish attractions. Located near the Eden Project and with access to both A30 and A391, this site is ideal for holiday accommodation, providing a balance of seclusion and accessibility in the Cornish heartland.

The Strategy

Refurbish, Refinance and Retain as Serviced Accommodation

Financials

  • Purchase Cost: £900,000

  • Conversion & Professional
    Fees: £300,000

  • Total Costs: £1,200,000

  • GDV: £1,700,000

  • Profit: £500,000

  • Profit on GDV%: 29.41

Current Status

Completed

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