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Cotswold House Venue In Badminton For Sale

Badminton, Gloucestershire, UK
Asking Price:
£495,000 Furniture / Fixtures included
Turnover:
£50K - £100K
Net Profit:
£50K - £100K

A beautiful house for groups of 12–16 is on the edge of the gorgeous Badminton Estate in Gloucestershire. Close to Bath and Bristol, 5 minutes to M4. Lovely period features include a newly designed kitchen and dining area, four bedrooms, three bathrooms, a garden, a hot tub, and parking for 6 cars. It has been run casually as a weekend-only venue for 15 years, but the owner retiring. Should be optimised as a profitable group venue, currently yielding around £60,000 turnover, but business potential up to £100k plus if let during the week.

The house also benefits from an LDC, which allows the owner to rent the property to groups of up to 16 guests.

The property will be sold as a turnkey business, with existing bookings and basic furniture included. The owner has had to retire due to health issues, and for the last two years, the business has been run by a friend. An enterprising new owner could do very well with the right input and energy.

Property Information

Property:

Freehold

Location:

The House is a wing of a substantial Georgian house built for a Prime Minister. Located on the edge of the Badminton Estate (the Gentlemen series), on the easily accessible A46 less than 30 minutes from Bath and Bristol

Premises Details:

The House is a three storey wing of a historic house, with period details and a private hot tub.

Planning Consent:

The property benefits from an LDC which allows the owner to let the property on a holiday group basis

Business Operation

Expansion Potential:

The House has been successfully let for weekend breaks for the last 15 years. The owner has had health issues and is now retiring, although the business has recently been run by a close friend, the income could easily be doubled if weekly lets and the corporate market were included into the marketing of the house.

Competition / Market:

Due to the location of the property being near to Bath and Bristol as well as many beautiful Cotswold villages, it is always popular with groups, and guests vary from celebration weekends, to corporate breaks and family weekends.

Reasons for selling:

Owner is now 64 and due to health issues is retiring.

Trading hours:

Friday 4pm - Sunday 12 noon

Employees:
1
Years established:
2009

Other Information

Support & training:

Full training and support will be offered.

Financing available:

Potential assistance with financing.

Furniture / Fixtures value:
£12,000 - included in the asking price
Website:
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Home based:
This business can be run from home.