|
Asking Price
£535,000
Description
Purchased within the last 3 years as part of a renovation and lifestyle project. Changes in family circumstances now prompts sale with a good business element in place but with some development still to be completed and therefore further opportunity for growth and income. Currently the complex consists of private living accommodation with a B & B facility within the property. Alongside there is self catering accommodation in a cottage style sleeping 4 with further B & B facilities in 3 separate apartments. Opportunity: Ample parking and with full planning permission and grant support to convert a barn style building in addition sizeable land to the rear, presently used as a garden but lends itself to say log cabins. General: With the work only recently having been completed and effectively operated about 1 year (although the cottages were operational for less than this period) income generated amounted to circa £30,000. This was achieved with a fairly modest commitment to advertising and we see considerable opportunity for higher occupancy subject to expanding the advertising strategy. Indeed this excludes the opportunity of the barn conversion and possible log cabins.
|