This is the first time that The Water Mill has been on the open market. The mill was acquired in 2000 by the present family who have successfully built up the business and are now retiring to pursue other opportunities.
Set in over 14 acres of stunning rural landscape and recorded in the Domesday Book A.D.1086, Calbourne Water Mill & Rural Museum is the original Island attraction and the only working water mill on the Island.
BCM have been appointed as joint agents with Strutt & Parker to manage the sale, which provides a rare opportunity for investors to acquire a unique property and leading Island tourism attraction.
James, Attrill, Partner in BCM comments:
“Calbourne Water Mill is a unique opportunity for investors to buy into the UK tourism market. The combination of thriving holiday accommodation, historic attraction with wide appeal and a versatile café have great potential. BCM are seeing a renewed optimism in the tourism sector – this started well before the amazing summer of 2018 and looks set to continue”.
The Water Mill mills 30-50 tons of flour per year with traditional mill stones, using only the power of naturally flowing water. There are also 5 operating museums, a shop, a café, adventure golf, pedalos and punts for a relaxing float down the stream. There are also 8 holiday cottages: 5 luxury eco lodges and 3 traditional cottages.
The appointment of BCM as the Island’s leading rural property specialists with joint agents Strutt & Parker reflects the strength of BCM across the rural property market and follows their recent success in the sale of the Gore Cross Anaerobic Digestion (AD) in Arreton on behalf of Wight Farm Energy LLP to the Foresight Group.