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4 Property Holiday Let Business For Sale

Todmorden, West Yorkshire
Asking Price:
£2,000,000
Turnover:
£85,000
Net Profit:
£70,000

Well established holiday let business and house portfolio for sale (freehold). More images upon request.

House
1 - Detached house (3 bedrooms, 1 bathroom, 2 living rooms, relax room, kitchen, wash room, land , parking for 2 cars)
Value £270,000
Rental income £800/m
Holiday let income £3,000/m

1 - Land (including planning for a £400,000 property)
Value £50,000

2 - Mid terrace house (3 bedrooms- en suite, 1 WC downstairs, 2 living rooms, kitchen, land , parking for 2 cars)
Value £260,000
Rental income £750/m
Holiday let income £2,800/m

3 - End terrace house (1 bedroom- en suite, 1 living room, kitchen, parking for 1 car)
Value £90,000
Rental income £450/m
Holiday let income £2,000/m

4 Upper - Apartment (2 bedrooms, 1 bathroom, 1 living room/ kitchen, parking for 1-2 cars)
Value See below combined
Rental income £450/m
Holiday let income £2,000/m

4 Lower- Offices(1 meeting room, 1 office room, 1 bathroom, 1 kitchen)
Value £370,000 combined
Community office rental income £1,300/m


This is a brilliant opportunity to buy a well established property portfolio, while also ensuring high revenue.

This business takes little effort to run, 1,3 and 4 Upper are already set up as holiday lets along with their own website and Airbnb profile (with a 5 star ratings) and they only require cleaning in between each client.
(prices on this website do not match the higher prices on airbnb).
The client base is large with many returning guests and frequent use by local large companies (the calendars for the properties are very full each year).

The office does not need maintenance as it is used by community groups.


The current owners of this portfolio live in house 2 are already of retirement age but wish to sell up. They have run the business casually and haven't advertised it to its full potential.

A large patch of land is also included in the package which currently has planning permission for 1 large detached house valued at £400,000. But multiple properties can be built to increase profit.

The turnover is only for some of the properties as the rest aren't advertised fully.

Open to offers - further details upon request.

Property information

Property:

Freehold

Living Accommodation:

No.2 terrence

Location:

Todmorden and Halifax

Premises Details:

Multiple properties

Planning Consent:

T
Yes for land at back of property for large house, could be changed to suit multiple developments

Business Operation

Expansion Potential:

Large expansion on holiday lets, including property development.

Competition / Market:

Holiday lets

Reasons for selling:

Owners wish to settle and retire fully.

Trading hours:

24/7

Employees:
0
Years established:
20+

Other Information

Support & training:

Self managing, only requires cleaning and calendar bookings

Furniture / Fixtures value:
£30,000
Home based:
This business can be run from home.

Contact Information

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