Halfway House Inn, Yeovil's Famed Hotel, Campsite, and Wedding Venue, Now on Sale
Yeovil, Somerset
- Status
FOR SALE
- Date Submitted:
15/01/24
- Advert ID
605082
- Reference
B07765 / Rightbiz
- Call Agent:
- Freehold: £2,195,000
- Turnover: £850,000 (£16,346 Per week)
- Net Profit: £300,000 (36% Profit margin)
Business Details
Hotel Campsite And Wedding Venue For Sale
BusinessPlease quote reference B07765
Presenting the Halfway House Inn, a unique business opportunity combining a hotel, campsite wedding venue, and fishing lake. Established for over 30 years and owned for the past 2 years by Steven Graham, this enterprise is now available due to the owner’s relocation.
As seen by the online ratings reviews (over 300 Google Reviews), this is a highly rated opportunity.
This sole trader entity spans across 4 acres and includes a hotel, a wedding venue, corporate meeting facilities, and a lake for fishing. The recent renovations and the planned installation of 4 EV charging points in Q1 2024 are expected to significantly boost revenue.
They offer a hotel bar, dining room, & menu with delicious fresh local produce and a beer garden with views over their fishing lake.
The business has a strong online presence across 19 booking sites including Expedia, Booking.com, Hotels.com, and eDreams.
The Halfway House Inn is a Pet-Friendly Country Lodge with disabled accommodation and a Fishing Lake which is available for guests to fish for free.
Key selling points -
- Well-established with an outstanding reputation.
- Includes future bookings, ensuring immediate revenue.
- Experienced and reliable staff in place.
- Diverse revenue streams from hotel, wedding venue, and leisure activities.
Location
Nestled in a quaint, country village, the Halfway House Inn offers a picturesque setting ideal for guests seeking tranquility and nature. It’s an idyllic location that combines the charm of rural life with the convenience of modern amenities.
Premises
The property boasts 20 en-suite bedrooms, 9 of which are pet-friendly, a bar accommodating approximately 40 covers, and a restaurant with similar capacity. The external area includes a large fishing lake, a campsite, beautifully manicured gardens, and ample parking facilities.
Tenure
The business is offered as Freehold with a leasehold option available.
Our client is open to negotiations in regards to price and rent but rent guide is in the region of £80,000 per annum.
Hours
Due to the nature of the business, it operates all year round.
Staff
The business operates with a team of 5, ensuring high-quality service and guest satisfaction.
Financial Profile
- Turnover: £850,000
- Net Profit: £300,000
- Asset/Fixtures & Fittings Value: £210,00 - £280,000
- Year of Accounts: 2023
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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.
Be safe, use a Rightbiz Solicitor
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