For Sale
Hotel Campsite And Wedding Venue For Sale
Yeovil, Somerset
- Asking Price: £2,194,995 +SAV
-
Turnover:
- Turnover: £850,000
- Net Profit: £300,000
- Asset/Fixtures & Fittings Value: £210,00 - £280,000
- Year of Accounts: 2023
- Tenure: Freehold
Please quote reference B07765
Presenting the Halfway House Inn, a unique business opportunity combining a hotel, campsite wedding venue, and fishing lake. Established for over 30 years and owned for the past 2 years by Steven Graham, this enterprise is now available due to the owner’s relocation.
As seen by the online ratings reviews (over 300 Google Reviews), this is a highly rated opportunity.
This sole trader entity spans across 4 acres and includes a hotel, a wedding venue, corporate meeting facilities, and a lake for fishing. The recent renovations and the planned installation of 4 EV charging points in Q1 2024 are expected to significantly boost revenue.
They offer a hotel bar, dining room, & menu with delicious fresh local produce and a beer garden with views over their fishing lake.
The business has a strong online presence across 19 booking sites including Expedia, Booking.com, Hotels.com, and eDreams.
The Halfway House Inn is a Pet-Friendly Country Lodge with disabled accommodation and a Fishing Lake which is available for guests to fish for free.
Key selling points -
- Well-established with an outstanding reputation.
- Includes future bookings, ensuring immediate revenue.
- Experienced and reliable staff in place.
- Diverse revenue streams from hotel, wedding venue, and leisure activities.
The business operates with a team of 5, ensuring high-quality service and guest satisfaction.
Due to the nature of the business, it operates all year round.
Nestled in a quaint, country village, the Halfway House Inn offers a picturesque setting ideal for guests seeking tranquility and nature. It’s an idyllic location that combines the charm of rural life with the convenience of modern amenities.
The property boasts 20 en-suite bedrooms, 9 of which are pet-friendly, a bar accommodating approximately 40 covers, and a restaurant with similar capacity. The external area includes a large fishing lake, a campsite, beautifully manicured gardens, and ample parking facilities.
Tenure
The business is offered as Freehold with a leasehold option available.
Our client is open to negotiations in regards to price and rent but rent guide is in the region of £80,000 per annum.
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Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
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