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Asking price: £950,000
Sales revenue: £220,000
Net profit: £100,000
Business description: Highly acclaimed 17 bedroom Guest Accommodation set in picturesque 0.5 acres grounds on the edge of Loughborough Town Centre overlooking the 500 year old Grammar School, offering the highest standard of accommodation. Re-nound for its excellent quality and hospitality, it has a 4 star rating and is frequented mainly by GrammarSchool, Loughborough University, a large ongoing contract and local business.
Years established: 17 years
Employees: 3
Trading hours: 24
Property : Freehold
Living accomodation: Large modern open plan bed-sit with large Bathroom, shower and bath, fully tiled, with laminated floor to bedsit. Patio doors leading to decking area and lawn.
Location: Charnwood Lodge is in a prime location on the A6 walking distance from the town centre to enjoy the amenities and retail outlets. 5 minutes drive to Loughborough University and College. Ten minutes drive away is the Charnwood Forest, a walkers paradise with wonderful scenery, outstanding beauty and laced with ancient local history. A number of golf courses and the River Soar can be found nearby offer some of the best course fishing in the country and a lively leisure boating facility. Loughborough Midland Mainline station is five minutes drive away, connecting to East Midlands Airport, Nottingham, Leicester, Luton and London
Expansion potential: Expanding Restaurant activities ie. Sunday Lunches, Evening Meals, Functions such as Wedding Breakfast, Celebration dinners and Conferences.
Support & training: The sellers are prepared to assist with a smooth handover for an agreed period
Reasons for selling: Due to retirement