UNDER OFFER
625474
93743 / Rightbiz
Situated in the heart of Carlisle city centre is this unique opportunity to purchase a substantial, recently converted and refurbished Freehold building, together with a highly successful and very profitable Holiday Let business with 4 luxury, self-contained, fully furnished one bedroom apartments on the first and second floors, and a ground floor office unit with a sitting tenant giving a handy additional income.
Carlisle city centre
Freehold property and business
Four luxury apartments
Fully furnished
Ground floor commercial unit
Net rental income £73,000 YE October 2024
SELLER REF: 93743
The business benefits from a high rebooking rate from repeat guests and has a solid proportion of longer lets over 3 days. It also enjoys strong trade from the weekend tourist market and business guests. It has a unique advantage, being adjacent to Carlisle Crown Court, and benefits from many solicitors and barristers staying over.
The business is rated as ‘exceptional’ on Booking.com and holds ‘Super Host’ status on Airbnb with its four luxury, fully furnished, one bedroom apartments.
The business offers a great profit but still provides a flexible lifestyle for the current owner who only works 2-3 hours per day and only trades for 8 months of the calendar year. There is obviously huge growth potential for a buyer who wishes to trade for 12 months of the year.
The premises holds a licence to sell alcohol from the mini bars.
Mains water and electricity. CCTV.
Local Authority: Carlisle City Council
Rateable Value: Ground Floor £6,800 . 1st and 2nd Floors £3,350. Both figures are from April 2023 to present.
FREEHOLD £595,000 to include fixtures and fittings. Stock at valuation in addition.
No direct approach to be made to the business; please direct all communications through Sidney Phillips.
Viewing strictly by appointment only.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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