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Seaside Self Catering Holiday Business For Sale

Undisclosed North Yorkshire
Established business - immediate income. Very little time commitment. Could adapt to live on site, or manage remotely. Growth potential. Niche market. Beautiful 5 star property, contents, equipment and goodwill included. High occupancy. Very special Freehold to buy Seaside Self Catering Holiday Business For Sale is located in North Yorkshire.
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 27475
ADVERT IMPRESSIONS : 90,135 TIME(S)

 
BUSINESS SECTOR: Hotels / Pubs / Accom
TRADE TYPE: Holiday Flats & Apartments
SALE: Private Sale

FREEHOLD:

£385000 PLUS ORDER BOOK
 

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BUSINESS DETAILS:

Confirmed bookings for 2009 (as at March 09) £34k. Expected final rental income for 2009 £40k+. Income potential for 2010 £50k. Nationally, very few self catering 5 star seaside properties sleeping 14 available. This property enjoys very high occupancy (little competition) for family re-unions and special occasion get together. Price reflects reduction in property prices. Enjoy over c£40k gross annual rent, over 10% gross ROCE - far higher than any savings can return, with the added bonus of potential high capital growth when the property market recovers. Very reluctant sale. Property was completely restored in 2004. New full central heating system, new plumbing and bathrooms, new kitchen and floorings, full re-wire. Purpose designed for large occupancy holiday accommodation - wired in smoke alarms, wired in emergency lighting, wash basins in all 7 bedrooms etc. Equipped to a very high standard - Egyptian cotton bedlinen and towels, SMEG and Maytag appliances. Everything included from fish cutlery to bottle chiller, from televisions to drinks cabinets, hairdryers to board games (many £'000's spent on contents). Peace of mind - On completion of this sale you will receive immediate income from the confirmed bookings.
   
  EXPIRED - AWAITING DELETION
   

REFERENCE:

27475 / RightBiz
   
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