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EXCELLENT FREEHOLD HOLIDAY FLATS OPPORTUNITY

Price:
Freehold - £695,500
Seller Ref:
2578
Location:

Somerset , Weston Super Mare

Business Type:

Hotels

See Other:
Holiday flats/apartments for sale in Somerset
Hotels for sale in Somerset
Description:
THE BUSINESS:
EXCELLENT FREEHOLD HOLIDAY FLATS OPPORTUNITY
Advised annual turnover of £32,625 with good gross profit returns
9 self contained flats including private living accommodation
Prime seafront location in Weston Super Mare, Somerset
Early interest and viewing is highly recommended
Sale price includes all fixtures and fittings
Exceptionally well presented throughout
Genuine retirement reason for sale
Ran by current owners since 1972
Ideal lifestyle change opportunity
FREEHOLD


Business History

Meridian Business Sales are delighted to offer for sale this exceptional freehold opportunity which has a proud history dating back to the early 1970s. Since 1972 it has been owned and run by our clients who after 40 years of service are now seeking retirement. The business which is run and managed at a fairly relaxed pace achieves an advised annual turnover of £32,625 which is derived from providing self catering flat accommodation facilities to a wide range of customers throughout the year. The business has always enjoyed good levels of repeat trade with many of the guests visiting repeatedly year in year out. It also sees a healthy amount of new customers derived from good word of mouth recommendations and from its highly visible beachfront location. Our client is yet to explore internet advertising which if a new owner was to utilise it would undoubtedly increase the business’ custom and trading figures. They have also gone to considerable expense and effort on the property’s presentation which has resulted in a very inviting facility which is a pleasure to visit. Our client is generously including all fixtures and fittings into the sale price which means that a new owner would not need to spend additional funds for the foreseeable future. This is a beautiful property with a prime location situated in arguably one of the UK’s most desirable seaside resorts. We would like to urge very early interest in this opportunity as properties of this calibre rarely appear onto the market.
Location Details:
This exceptional freehold opportunity has a prime location in the highly desirable seaside town of Weston Super Mare which is in Somerset. The property stands proud on the seafront offering exceptional views of the beach and sea which spans for miles. The location is ideal as it offers easy access to all of Weston Super Mares major attractions, which for guests makes it a perfect central point to experience the very best of the town. Weston Super Mare has always been a hugely popular British seaside resort attracting visitors both foreign and domestic throughout the year. The town really does offer something for everybody from having a good variety of shopping facilities, beautiful beaches, a welcoming and friendly local community coupled with very easy road and rail access. It sits less than 5 miles away from the M5 motorway which makes visiting and commuting very easy.
Accommodation:
Two neighbouring properties featuring 9 self contained, en-suite flats which share the front vehicle parking driveway, both having separate entrances and rear gardens. HOUSE NO 42 Ground Floor - Secure entrance to reception corridor Flat - Double bedroom with en-suite toilet, shower and wash basin, living room, dining room and kitchenette combined. Flat (private living accommodation) - Double bedroom, kitchen, diner and lounge with patio doors to garden plus shower room with wash basin and a separate toilet. Utility/laundry room with boiler, wash basin and storage space. First Floor - Reception landing to: Flat - Triple bedroom with en-suite toilet, shower and wash basin, living room, dining room and kitchenette combined with large bay window. Flat - Single bedroom with en-suite toilet, shower and wash basin, living room, dining room and kitchenette combined. Second Floor - Reception landing to: Flat - Double bedroom with en-suite toilet, shower and wash basin, living roo
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