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BUSINESS REFERENCE : CO086 / RightBiz AWARD WINNING COUNTRY RETREAT AND SPA | | | | | | Award Winning Country Retreat and Spa Confidentially offered for sale Ref No: CO086 Location: South West Asking Price: £2,500,000 | | | BUSINESS LOCATION: | Undisclosed Relocatable UNITED KINGDOM | | BUSINESS SECTOR: | Leisure, pubs and hotels | | TRADE TYPE: | Motels & Hotels | | SALE: | Agent Sale | LEASEHOLD: | £2500000 | | | | | | | | | | | BUSINESS DETAILS: | Business Profile:
This is a first class opportunity to purchase a profitable and successful life style business with a broad range of strong revenue streams located in one of the most beautiful areas of the South West. The five acre landscaped site is located within two minutes walk of the local village and just ten minutes drive from the coast. Being one hundred and sixty five metres above sea level it commands excellent views of the surrounding countryside.
The business is structured to generate revenue streams from a number of sources. These include, holiday lets, retreats, spa days, corporate team building activities, spa and gymnasium membership and a range of beauty and holistic therapies provided by local self employed practitioners.
The award winning accommodation consists of four five star holiday cottages that vary in size and meet the needs of every family or corporate body. Each cottage has planning permission to be a private residence if required and therefore have their own mains, oil and electricity supply. The cottages consistently achieve an eighty percent letting rate and generate revenue of circa £120,000 per annum.
The description of the individual properties is not designed to be fully detailed.
Cottage One:
One bedroom cottage sleeping two people. There is a large sitting room with a vaulted and beamed ceiling, spiral staircase leading to a well appointed and brightly lit kitchen with a full range of equipment. There is an excellent level of high quality fixtures and fittings including a king sized bed and Private Patio with Hot tub.
Cottage Two:
Spacious accommodation for two people in a converted one level, one bedroom farm building. Double aspect room combines both sitting room and bedroom that has a Four Poster King sized bed. The kitchen is well appointed and benefits from a patio door leading to a private area with Hot Tub.
Cottage Three:
A larger property offering spacious accommodation for four people. The property has an enclosed porch, entrance hall, and large cloakroom. The kitchen / diner is well equipped and benefits from a patio door leading to the rear garden. The lounge has an oil burning stove, Colour TV, Video, and DVD and CD player. Upstairs contains two bedrooms with king sized beds and vaulted and beamed ceilings. The main bathroom has a bath with shower, wash basin and low level WC.
Cottage Four:
This cottage caters for the needs of seven people with considerable ease. Its unique structure provides floor to ceiling windows to the front of the building and provide masses of natural light to the master bedroom and split level lounge.
There is an entrance hall, cloakroom, and utility room and a large and beautifully finished kitchen. Patio doors lead to the rear of the premises where there is a lovely garden area. Upstairs there is a galleried landing, Master bedroom with fitted wardrobes, King Sized bed, TV and en suite bathroom. There is also a Twin Single bedded room and a Triple bedded room compromising of a Single bed and Bunk beds, fitted wardrobes and a shared bathroom.
Main House:
This is a very significant barn conversion with oil fired central heating and solar energy hot water sytem.
Ground Floor:
Large double door front entrance leading to a dining room with log burner.
Large kitchen, which formed the lower part of the original round house. Views to the apple orchard and surrounding land.
Lounge benefits from a log burner and the music room an oil burner and benefiting from a substantial amount of natural light.
Upstairs:
Landing/ Hallway/ additional lounge compromising of a galleried sitting area with log burner
Five substantial double bedrooms with bathrooms en suite.
The master suite is the upper floor of the round house and comprises en suite and dressing rooms
The remaining four bedrooms comprise 2 bedrooms and a bathroom (west wing) and 2 bedrooms and a bathroom (east wing)
Outside:
Four Car Garage
Significant garden laid to pasture for the local wild life and apple orchard.
The Spa:
This purpose built Spa has oil fired heating and solar energy heating . The Spa houses a relaxation room and two treatments rooms that are extensively used for a range of over thirty Complementary Beauty and Holistic Therapies. These are provided by a range of qualified self-employed practitioners who live in the locality. There is a significant opportunity to grow this side of the business which presently generates around £ 50,000 of revenue per annum. There is also a Swimming Pool a Spa pool and a Sauna.
The building also supports a small fitness gym for guests and people from the local community who would rather exercise in the privacy of a small private Spa than have to travel to a large impersonal club elsewhere. The gym is equipped with new state of the art exercise equipment.
The Spa has attracted a strong local membership that produces around £40,000 of income.
The marketing of specific ”Special Occasion”, “Pamper Days” and “Bridal Shower Days” have proved extremely popular with the “Pamper Days” alone producing circa £35 /40,000 per annum.
Employees:
The business is presently operated by a husband and wife team who manage every aspect of this profitable concern.
Advertising and Marketing:
This is an award winning business that has been very successful in promoting itself and generating a consistent demand for its holiday accommodation, leisure facilities and treatment services.
It has produced a range of good quality brochures covering all aspects of its activities and they have produced an excellent web site. Some advertising is done in Yellow Pages but more effort is put into appearing in quality magazines, and at local county shows. Radio coverage has been used to promote competitions, highlight the availability of all aspects of the business and to increase general awareness. Gift Vouchers are available for pamper days, treatments and accommodation and have been very successful.
There is a high level of repeat business for all aspects of the business
Financial Information:
The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler. This is a superb opportunity to acquire a beautiful range of property with an excellent revenue stream and ample opportunity to expand and add further leisure services and activities. Full accounting information will be made available by the vendors. Viewing is essential.
Reason for Sale:
Having built the business up to be the success that it is today the owners would like to diversify into a business that would provide them with a little more time for their family.
Support and Training:
A full and professional handover will be made available for the purchaser for a period to be agreed as part of the overall sales negotiations | | | | | BUSINESS STATUS: | FOR SALE | | | | | SELLER: | TURNER BUTLER | | CONTACT: | 01895 25 6000 | | REFERENCE: | CO086 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
