Due to ill health, we are selling our high-end wedding, holiday cottage, and restaurant business based in North Devon.
Average turnover: £700k, £200k profit.
- Asking Price:
- £3,950,000 Furniture / Fixtures and Inventory / Stock included
- Turnover:
- £500K - £1M
- Net Profit:
- £100K - £250K
Property Information
- Property:
-
Freehold
- Living Accommodation:
-
A beautiful 9 bedroom early Victorian manor house set in 25 acres including 4 contemporary cottages and 9 luxury woodland cabins .
A purpose built wood and glass wedding venue and restaurant.
An indoor and outdoor pool. Hot tubs .
- Location:
-
Countryside location yet 5 minutes from the coast.
- Premises Details:
-
Beaconside is a 25 acre Estate, 20 acres of which is woodland with currently 9 luxury cabins
- Energy Performance Rating:
- E
Business Operation
- Expansion Potential:
-
More luxury cabins in woods and restaurant development.
- Reasons for selling:
-
Ill health.
- Trading hours:
-
9-5
Weddings till 1am
- Employees:
- 2 plus 3
- Years established:
- 1999
Other Information
- Support & training:
-
Existing staff would love to stay on and Im happy to do a 12 month handover if required .
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
A minimum of £2m with balance financed over 10 years subject to a first charge over Beaconside
- Furniture / Fixtures value:
- £400,000 - included in the asking price
- Inventory / Stock value:
- £50,000 - included in the asking price
- Home based:
- This business can be run from home.