FOR SALE
633175
Fisherton Mill / Rightbiz
Fisherton Mill, an airy and spacious converted Victorian grain mill, an iconic setting to browse, shop and eat in a unique atmosphere which is complemented by an outside courtyard which offers alfresco continental ambience.
Of interest to "Lifestyle" business operators looking for a combination of investment income, superb living space and a thriving business in the creative and leisure sector.
Also of interest to investors and developers with substantial "value add" opportunity for further income improvement, break-up, changes of use and development.
The Mill currently provides a superb loft style four bedroom living space which has massive "Airbnb" potential due its central location, close to the train station, Cathedral and further afield attractions like Stonehenge and Bath.
The business has scope to extend its offering, increase range of food, enhanced opening hours and more, making this an attractive proposition for a successful entrepreneur.
The asset is held in two titles giving scope for two separate lots, which could then appeal to two dynamic buyer markets.
Key Business Points:
- Owner operated business with possibility of continuation or leasing.
- Massive up-side potential for enhancing through food & beverage offering, hours, events and more.
- First floor studios let on inclusive licences.
- Ground floor gallery offered as event space with scope to maximise income.
- Extensive 4-bedroom 354.68 Sq. M. flat arranged over 2nd and 3rd floor with huge Airbnb / holiday let potential.
- Ability to secure 'The Archway' at an additional cost to diversify income through fully let residential buy-to-lets.
- Fisherton Mill benefits from an Alcohol Premises License which also permits live music. Full license details available on request.
Fisherton Mill Current Rent Receivable
£140,452 per annum, excluding profits from business and 'The Loft'.
The Archway
The Archway is a mixed-use investment opportunity which is attractive due to the main road access through to Fisherton Mill.
It features 3 commercial units at ground floor level and 4 residential flats at first and second floor.
There are three one-bedroom flats and one two bedroom flat which are currently let on assured shorthold tenancy agreements.
The Archway is only available in addition to Fisherton Mill, not as a separate lot.
Current Rent Receivable
£61,692 per annum (£64,092 disregarding incentives per annum when fully occupied).
Please refer to the full PDF brochure for full and complete information, including full tenancy schedules for both assets.
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
Get SolicitorThe data showed regarding this advert 'Fisherton Mill Unique Opportunity to acquire Freehold Lifestyle Business in the heart of Salisbury - Fisherton Mill / 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.