Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Established Modern Home With 4 Holiday Apartments In Cheddar For Sale

Cheddar, Somerset, UK
Asking Price:
£1,125,000 Furniture / Fixtures included
Turnover:
£50K - £100K
Net Profit:
Available on request

Our business is within a 10-minute walk of the famous Cheddar Gorge and village, Somerset's number-one tourist attraction. We are selling a 4-bedroom home with 4 self-contained holiday apartments, all in excellent order: 3 x 1 bedroom and a new 2-bedroom, 2-bathroom unit that has just been completed this year. The business benefits from regular repeat business as well as new customers via web sites and booking agents. This is a possible lifestyle change and a way to create revenue, as well as living in a beautiful village with a riverside setting. A further option would be to change the house into 2 more apartments, which we have already produced a set of plans for, subject to normal planning approvals. This would expand revenue if there was no requirement for a home. The property would also suit a multigenerational family.

Property Information

Property:

Freehold

Living Accommodation:

Our large home has 4 bedrooms or 3 with an extra sitting room 2 bathrooms (1 en-suite) large modern kitchen dinner and a small utility. 3 sets of patio doors leading onto riverside terrace with views of the mendip hills

Location:

We are located close to the centre of Cheddar village, 5 mins walk to the local shops and pub and 15 min walk from Cheddar Gorge with its many shops and restaurants. The entrance to the business is off the A371 and about 15 mins drive from the M5.

Premises Details:

Entrance via secure gates and over a 16th-century bridge. The house and 4 apartments all have parking spaces and individual outside spaces with garden furniture. There are other outbuildings with storage and workshop facilities, as well as a laundry room.

Size in square feet:
4,640
Planning Consent:

all conditions in place

Energy Performance Rating:
C

Business Operation

Expansion Potential:

Conversion of house to 2 extra holiday apartments we have a floor plan of this which would need submitting for planning also extending the trading period to 12 months.

Competition / Market:

various holiday lets in Cheddar

Reasons for selling:

A retirement sale

Trading hours:

All year trading but we choose to trade for 7 months due to semi retirement

Employees:
cleaners freelance
Years established:
20

Other Information

Support & training:

Happy to assist with hand over training

Website:
Login or register to view link
Home based:
This business can be run from home.