BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£1,250,000
Turnover / revenue:
£130,000
Net profit / cashflow:
£30,000
Years established:
23
Trading hours:
The hours that are required to run the business are variable during the course of the year. The business is easy to run and for many parts of the year the time commitment is minimal.
OTHER DETAILS
Reason for selling:
The owner is looking to take retirement.
Support and training:
All necessary training and a full handover are available to ensure continuity of trading.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
BUSINESS DESCRIPTION
Exclusive Holiday Cottages Complex
Ref.AC315
Location Norfolk
Asking Price £ 1,250,000
Established in 1988, this business is a luxury holiday complex close to the Norfolk Coast and The Broads.The six individual properties are all converted from Victorian/Period buildings that would originally have been part of a large farm.
The properties include; a two-storey coach house that sleeps six, a two storey cottage, with wood burning stove that sleeps four, a single storey cottage that sleeps five, a spacious cottage with its own private walled garden, patio and stove that sleeps four, a single storey cottage with original beams that sleeps six and a single storey property that sleeps four. All of the properties have been decorated and furnished to a high standard and are in excellent order.
The sale also includes an indoor swimming pool, a fitness room, a games room and a children’s play area.
The cottages are perfect for either a relaxing stress-free holidays or for activity filled breaks. There are many local attractions including the Norfolk Broads, the stunning Norfolk coastline, the city of Norwich, several excellent golf courses and the Bewilderwood family attraction.Families, golfers, fishing and hen parties are all currently catered for. The location of this business provides a full range of potential customers throughout the year. It is a perfect all year round holiday destination or short term break base.
Expansion Potential
The complex has an additional property that is currently just used for storage. This could be converted to add an additional cottage. However it has been considered by the current owner that this would make an ideal function room. This would open up the option of attracting business clients to use the facilities for seminars, training and meetings. It would also provide a suitable space that could be utilised as a wedding venue.