Search
×
×
Additional Filters
Added
Anytime
  • Anytime
  • Last 14-days
  • Last month
  • Last 3 months
  • Last 6 months
Price
No min
  • No min
  • 5,000
  • 10,000
  • 15,000
  • 20,000
  • 25,000
  • 30,000
  • 35,000
  • 40,000
  • 45,000
  • 50,000
  • 55,000
  • 60,000
  • 65,000
  • 70,000
  • 75,000
  • 80,000
  • 85,000
  • 90,000
  • 95,000
  • 100,000
  • 125,000
  • 150,000
  • 200,000
  • 250,000
  • 300,000
  • 350,000
  • 400,000
  • 450,000
  • 500,000
  • 550,000
  • 600,000
  • 650,000
  • 700,000
  • 750,000
  • 800,000
  • 900,000
  • 1,000,000
  • 1,500,000
  • 2,000,000
  • 3,000,000
No max
  • No max
  • 5,000
  • 10,000
  • 15,000
  • 20,000
  • 25,000
  • 30,000
  • 35,000
  • 40,000
  • 45,000
  • 50,000
  • 55,000
  • 60,000
  • 65,000
  • 70,000
  • 75,000
  • 80,000
  • 85,000
  • 90,000
  • 95,000
  • 100,000
  • 125,000
  • 150,000
  • 200,000
  • 250,000
  • 300,000
  • 350,000
  • 400,000
  • 450,000
  • 500,000
  • 550,000
  • 600,000
  • 650,000
  • 700,000
  • 750,000
  • 800,000
  • 900,000
  • 1,000,000
  • 1,500,000
  • 2,000,000
  • 3,000,000
Additional Filters
Back to listings Save

Successful Freehold Holiday Cottage, The Old Toll House in Conwy for Sale

Conwy Town, Conwy
1 of 1
Freehold Holiday Cottage Photo 1
Freehold Holiday Cottage Photo 2
Freehold Holiday Cottage Photo 3
Freehold Holiday Cottage Photo 4
Freehold Holiday Cottage Photo 5
Freehold Holiday Cottage Photo 6
Freehold Holiday Cottage Photo 7
Freehold Holiday Cottage Photo 8
Freehold Holiday Cottage Photo 9
Freehold Holiday Cottage Photo 10
Freehold Holiday Cottage Photo 11
Enlarge
Freehold Holiday CottageFreehold Holiday CottageFreehold Holiday CottageFreehold Holiday CottageFreehold Holiday CottageFreehold Holiday CottageFreehold Holiday CottageFreehold Holiday CottageFreehold Holiday CottageFreehold Holiday CottageFreehold Holiday Cottage
  • Status

    FOR SALE

  • Date Submitted:

    13/05/24

  • Advert ID

    611177

  • Reference

    GO2991 / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £300,000
  • Turnover: £24,000 (£462 Per week)
  • Net Profit: £19,000 (80% Profit margin)

Key Features

  • Small Business
  • Unique Business
  • Attractive Business
  • Established Business
  • Fully Fitted
  • Accounts Available
  • Prime Location

Business Details

Freehold Holiday Cottage

The Old Toll House
Turnover: circa £24k
Net Profit: circa £19k

The Old Toll Houe is a successful holiday letting cottage within the picturesque surroundings of Conwy in North Wales. The cottage has been owned and operated by the current vendors since 2020 and in this time has built up an extensive reputation and repeat custom base. This high-quality grade 2 listed property, built by Thomas Telford in 1820 is a short walk into the centre of Conwy. The property is almost fully booked for 2024 and into 2025.

The property is a 2-bedroom detached freehold property which is grade 2 listed and packed with character, with the added benefit of off-road parking and a private enclosed rear garden. The property has been thoughtfully and tastefully finished to a very high standard, whilst combining original features and modern comforts to create a slice of heaven in this picturesque location.

The property will come complete with all furnishings, fixtures and fittings offering a turnkey solution for an incoming operator.

THE OPPORTUNITY

Proven Success: The business was established 4 years ago and, in this time, has built up a loyal customer base. The business works exclusively with the online booking platform Airbnb.

Unbeatable Location: Conwy is located at the very top of North Wales on the coastal region, with breathtaking scenery overlooking the Irish sea.

Excellent Growth Potential: The holiday cottage is in one of the biggest, growing tourist destinations in the north of the UK with over 9.4 million visitors visiting the town each year and boosting the economy by over £1.097 billion pounds, which has almost doubled since 2011. The vendor can offer an incoming operator 1-2-1 insight as to how the business operates.

Strong Online Presence: An extremely well-designed interior of the cottage, boosting online views and bookings on portals. The vendors use Airbnb as their main source of booking income with a rating of 4.85 out of 5 by guests who have stayed in the accommodation.

Reliable Suppliers: The vendor manages the property themselves, however if an incoming operator wished to outsource the changeovers, then there is a range of local holiday home management services available with excellent records.

MARKETING

The business has no need to use any portals outside of Airbnb due to the high occupancy rate of 80%. There is scope to increase reach by using alternative portals such as Sykes Cottages, Hoseasons etc… The vendor works exclusively with Airbnb at present due to the time effectiveness of the portal, giving the owners full control and oversight of the property.

There is also opportunity to implement a dedicated website to allow for direct bookings, which is particularly appealing to for repeat customers and allows for additional brand building opportunities. The same applies to social media pages, which can provide organic bookings.

MANAGEMENT AND EMPLOYEES

The business is managed by the vendors without tie from employees or contracts with external suppliers.

GROWTH OPPORTUNITIES

The Old Toll House has endless growth potential for an existing operator to bolt on or someone looking to enter the market with an established holiday let and customer base with this well-established business:

·        Expansion into additional holiday lets locally.

·        Enhanced digital marketing including paid search & social.

·        Implementation of dedicated website.

·        Increase web portal presence.

·        Implementation of social media pages.

FINANCIAL INFORMATION

Detailed financial statements will be made available to interested parties.

FURTHER INFORMATION

Don't miss out on this incredible opportunity to own and grow this unique business with an exceptionally well fitted out property.

Further information is available by speaking with us and for more information please contact us.

Read more

Contact Agent

Contact the seller for more details, or book a viewing

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

Do not 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 amount 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.

0 of 0

Contact seller

Loading...

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.

0 of 0

Related Tags:

Recently viewed businesses

Disclaimer

The data showed regarding this advert 'Freehold Holiday Cottage - GO2991 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.