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Wedding And Celebrations Venue In Cambridgeshire For Sale

Cambridge, Cambridgeshire, UK
Asking Price:
£200,000
Turnover:
£210,000
Net Profit:
£50,000

An alternative quirky venue on the outskirts of Cambridge, conveniently located for road access with generous on-site car parking. The venue is licenced for wedding ceremonies and boasts a successful history of hosting events, without any serious marketing, hence offers huge potential for expansion into the wedding market, celebration events, corporates, catering, coaches, etc
Additional income from 3 letting rooms and a touring caravan hook-up facility. inside dining capacity of 130 with substantial outside capacity. 15 years on lease remaining.

Property Information

Property:

Leasehold

Lease Terms:

25 year lease, 15 remaining with 5 year break clauses

Leasehold Rent:

£24,000 per annum

Living Accommodation:

3 bedroom first floor flat

Location:

Busy trunk road

Premises Details:

detached property in 2 acre site, large bar,dining and function room. Extensive grounds

Business Operation

Expansion Potential:

extensive opportunity

Competition / Market:

not relevant

Reasons for selling:

at 67 i have other interests i wish to focus

Trading hours:

as required by events

Employees:
self employed only
Years established:
10

Other Information

Support & training:

as required

Furniture / Fixtures value:
£10,000
Inventory / Stock value:
£1,000

Contact Information

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