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CHARACTER B&B WITH OPTIONAL 1.8 ACRES OF LAND
Option to purchase additional land with “Glamping” facilities and log cabin
200 year old 6 bedroom property with lots of charm
Well established and highly regarded business
Estimated annual turnover of £36,000pa
3 letting rooms with scope for more
Idyllic location in rolling countryside
3 bedroom owners accommodation
Genuine reason for sale
FREEHOLD
Business History
This business would ideally suit a husband and wife or partnership and could afford a good standard of living. This is a superb opportunity to purchase an established business with a great base to build upon. The bed & breakfast is available to purchase at £650,000 plus SAV. There is also an option to purchase this and the additional land with “Glamping” facilities including bell tents and a log cabin for a combined price of £719,995 plus SAV. Meridian Business Sales are delighted to offer to the market this 6 bedroom bed & breakfast (comprising 3 letting & 3 owner accommodation bedrooms) which has stood for over 200 years and was formally the village Blacksmiths. It was bought and converted by our clients family in the 1930’s. The only reason this superb opportunity is being offered to the market, is because of our clients’ desire to take well deserved semi-retirement. Our clients took ownership of the cottage 12 years ago and since their stewardship they have developed the business at a pace to suit their lifestyle. This means that there is massive scope for a new hands on owner to expand the business further. Our clients inform us that the projected annual turnover could be £36,000 with good gross profit margins. This is derived from offering warm and welcoming B&B facilities as well as tents which are equipped for comfort in the new spirit of "Glamping".
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