Profitable Holiday Cottage Letting Business In Cornwall | | Looe Cornwall | | Holiday Cottage Letting Business Looe, Cornwall T/O: £120,000 GP: 80% Scope to increase turnover Picturesque views 10 acre estate 9-letting cottages 2 Owners' cottages | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 62861
ADVERT IMPRESSIONS : 18,951 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Holiday Flats & Apartments | | SALE: | Agent Sale | FREEHOLD: | £1,499,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Badham Farm Holiday Cottages occupy substantial premises with multiple letting accommodation in a 10 acre estate, ideally located in a rural valley close to Looe, Cornwall. The business is surrounded by picturesque countryside and woodland. The premises benefit from extensive private parking and there are 2 fishing lakes on site. The business is directly adjacent to the railway station and boasts good rail links to Liskeard, St Keyne and Looe. The premises boast easy access to the A38 leading to Plymouth city centre, which is less than 20 miles away. The seaside town of Looe is approximately 3 miles away and is a popular tourist destination renowned for its sandy beaches. The Eden Project lies approximately 20 miles away and Newquay is less than 32 miles away.
Business History
Preferred Commercial is delighted to offer for sale this highly profitable holiday cottage letting business, which was established in 1978 and which has been in our client's careful hands since 2003. The business is only now offered to the market due to our client's wish to retire. The substantial estate offers 9 letting cottages all self-contained and finished to a very high standard throughout. The premises boast 2 owners' cottages, club house, shop, workshop, 2 lakes, tennis court, mini golf pitch, badminton court, football pitch and picnic area. The business has a fully licenced bar and offers babysitting services and bicycle rental. There is a website in place advertising the cottages and services offered, along with online booking facilites. The business has established a loyal customer base and is renowned for its professional service and excellent facilities. The business trades all year round and generates a turnover in the region of £120,000 per annum with a gross profit of 80%.There is the potential for 6 additional letting cottages, subject to planning permission. We feel this is an ideal lifestyle change opportunity to acquire a highly profitable holiday cottage letting business with 2 owners' cottages and scope for future development. Early negotiations with Preferred Commercial must come highly recommended.
Financial Details
T/O: £120,000 approx.
GP: 80%
Opening Hours
All year round
Accommodation Details
Substantial 10 acre estate with multiple properties. Briefly comprising:
Letting Cottages
• The Farmhouse with oil fired central heating, large fitted kitchen, dining room, lounge, conservatory, four bedrooms, bathroom with power shower, WC and wash hand basin, shower room with WC and wash hand basin, large enclosed garden with barbeque, patio and lawn
• The Dairy with original salte flooring and bread oven, large lounge, modern kitchen, double bedroom, 2 x single bedrooms, shower room with WC and wash hand basin, en-suite bathroom and WC, garden with sun deck and barbeque
• The Stable with kitchen, WC, large lounge/diner with beamed roof, double bedroom, single bedroom and bathroom
• The Hayloft with double bedroom, single bedroom, large kitchen/diner, beautiful lounge and bathroom with walk-in shower
• The Byre with kitchen/diner, lounge, bathroom, double bedroom and twin bedroom
• The Coach House with kitchen, lounge/diner, double bedroom with en-suite bathroom with bath and shower
• Ash Cottage with large double bedroom, large bedroom with 3 x single beds, large bathroom with corner bath and power shower, lounge/diner finished to the highest standard
• Larch Cottage with master bedroom with large en-suite bathroom, 2 x double bedrooms, family bathroom, large kitchen, utility room, spacious lounge/diner with views over lake
• Oak Cottage with picturesque views, 2 x double bedrooms, large bathroom with separate shower room, spacious lounge/diner with fitted kitchen
Owners' Cottages
• The Malthouse, converted from the former bar into a 1-bedroom cottage with double bedroom, large lounge/diner, kitchen, bathroom and garden
• Rowans Cottage with 3 x double bedrooms, en-suite bathroom, family bathroom, kitchen, utility room, barbeque in garden lounge/diner with picturesque views over valley
Facilities
• Club House with large bar, kitchen, games room with pool table and antique bar billiards, library, gym with range of equipment and hot tub
• Laundry and linen store with 2 x modern coin operated washers and 2 x coin operated tumble dryers
• Shop with fitted display shelving and fridge freezer
• Workshop fitted with work benches
• Polytunnel currently used for bicycle storage
External
• 10 acres of land with 2 x lakes, full sized tennis court, mini golf pitch, outdoor badminton court, football pitch and picnic area
Tenure
Advised freehold | | | | | | FOR SALE | | | | | REFERENCE: | 2441 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
