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Successful Family Wedding /Holiday Accommodation Business In Bideford For Sale

Bideford, Devon, UK
Asking Price:
£3,950,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
£500K - £1M
Net Profit:
£100K - £250K

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.

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
Related Documents:
Home based:
This business can be run from home.