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Profitable Somerset Country Hotel with 20 Bedrooms, Bar, Restaurant, and Lake Views For Sale

Undisclosed, Somerset

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    14/10/23

  • Advert ID

    601115

  • Freehold: £2,450,000 (Stock at valuation)
  • Turnover: £850,000 (£16,346 Per week)
  • Net Profit: £300,000 (36% Profit margin)

Key Features

  • With Car Park
  • Offers Invited
  • Planning Consent Available
  • Accounts Available
  • Retirement Sale
  • Incentives May Be Available
  • Owner Financed
  • Unique Business
  • Established Business
  • Prime Location

Business Details

Country Hotel in South West

Profitable & Well Located Off Busy A303 Hotel, Inn Restaurant, Fishing Lake

  • 20 Individual En Suite Bedrooms
  • Public Bar – 40 / Restaurant 40 
  • Conference & Banqueting Facilities  
  • Fabulous Outside Beer garden with lake View
  • Caravan, Motorhome & Camping
  • 4x EV charging points to be installed Q1 2024
  • Recently refurbished
  • Outline planning for development
  • Fishing lake
  • On 4 acers 
  • Wedding Venue
Read more

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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