FOR SALE
656698
The Halfway House / Rightbiz
A rare opportunity to acquire The Halfway House Inn Country Lodge, an established 20-bedroom hotel, pub and restaurant situated near Yeovil, Somerset.
Generating in excess of £1 million in annual sales, the business benefits from multiple established revenue streams across hotel accommodation, food, drinks, weddings, private functions and events.
The substantial food-led operation includes a fully equipped commercial kitchen, popular Sunday roast service, daytime and evening dining, with an established customer base comprising local residents, families, tourists, corporate guests and hotel visitors.
The 20-bedroom hotel provides an important additional income stream, attracting leisure stays, corporate guests, wedding parties and visitors to the wider Somerset area.
A major feature of the opportunity is the substantial investment made into the property, with approximately £500,000 recently invested in an extensive renovation and refurbishment programme, significantly enhancing the accommodation, facilities, presentation and overall guest experience.
Prior to this latest investment and completion of the refurbishment works, the property alone was independently valued for mortgage purposes at approximately £1.85 million, demonstrating the underlying strength of the freehold asset before the recent improvements.
The venue also benefits from attractive grounds and established wedding, celebration and private-event trade, with the added advantage of extensive on-site guest accommodation.
Further growth opportunities exist through increased bedroom occupancy, weddings and events, corporate bookings, marketing and continued development of the food and beverage operation.
Key Highlights
Freehold: £2,200,000
Leasehold: £175,000
Stock: At valuation
Further financial information is available to qualified purchasers following completion of the required confidentiality documentation.
IMPORTANT PURCHASER INFORMATION
The business is being marketed under a Sole Selling Agent Agreement. All prospective purchasers and viewing requests are subject to qualification and vetting, which may include proof of funds, identification and confidentiality documentation before detailed financial information is released or a viewing is arranged.
Where a purchaser wishes to secure the business and obtain a period of exclusivity, a reservation fee may apply, subject to the applicable reservation terms and conditions.
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 '20 Bedroom Freehold Hotel, Pub & Restaurant – Somerset - The Halfway House / 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.