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Six Bedroom Freehold Holiday Cottage In Cumbria For Sale

Cumbria, UK
Asking Price:
£600,000
Sales Revenue:
£75,000
Cash Flow:
£38,000

6 Bedroom Freehold Holiday Cottage - Huge Potential!

Business Resale have been instructed to find a buyer for this spacious, modern and successful freehold Holiday Cottage in Cumbria. The owners run the cottage as a lifestyle business and are on track to generate around £38k net profit for the YE April 2020. The current owners are looking to restrict bookings this year to weekend only so that they remain below the VAT threshold.

Highlights include:

£75k Turnover
£38k net profit
6 large bedrooms
3 ensuites
Family bathroom
All furniture / fixtures / fittings included (including a hot tub!)
Around £40k of future bookings for 2020
Huge scope for growth
Freehold

This holds huge potential for a new owner to either continue to run the business as a lifestyle business Or can be opened up to weekday and weekend bookings to allow turnover to increase towards £150k upwards without a drastic increase in overheads.

Viewings are highly recommended to appreciate the property and the opportunity available. Contact us for the full sales prospectus and viewing details.

Property Information

Property:

Freehold

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