Holiday Flats/Apartments for sale in Bridlington

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Ian McGregor (Nov 2013)
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Freehold Price: £499,950 Turnover: £23,000
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Business Description
Hilton Smythe welcomes to the market Donnybrook Holiday Flats. These beautiful holiday flats were originally established in 1896, when the property was first built. Our clients then took over the business in 2004 and are now looking to sell the business, due to the desire to take a well-deserved retirement.

The business runs as a self-catering holiday flats, in the seaside town of Bridlington. There are 4 letting flats with potential for 6. All of these flats have seaside views, with one of the top floor flats boasting spectacular views from the large rooftop window.

The business is currently run at a steady pace and is generating a turnover of around £23,000 per annum. This figure has been a lot higher in past years and with a hands on new owner there could be a great increase.

This is an excellent business opportunity, just a stone’s throw from the beach, there is huge potential for these holiday flats if a hands on, determined owner was to take over. Our clients have brought this business up to an exceptional standard, a real perfect walk-in trading opportunity.

However, we feel the holiday flats could be advertised and marketed more. The flats are currently only on holiday letting websites. The new owner should look to promote the business on booking websites. These sites are a great way of getting bookings and are becoming more and more popular.  

A business website would also be a great way of marketing the business.

Donnybrook features on TripAdvisor, where it boasts 5* reviews. Some of the reviews are talking about returning to these modern, friendly holiday lets.

This is a large Freehold property that also includes owner’s accommodation. The accommodation is situated on the basement and ground floor. Each of the floors could be transformed into more flats, this would allow for more potential customers. This would be a great option for the warmer summer months when there are more visitors to the town.

This is a fantastic opportunity that is not to be missed. Hilton Smythe highly advise early viewing to take in the full potential of the trade.

Donnybrook Holiday Flats is located in Bridlington, East Riding of Yorkshire.

The holiday flats are situated on the coastline of Bridlington. This is a popular tourist location, due to the great beaches and harbour. There are many places of interest to visit in and around the town, such as Bridlington Old Town, Foreshores, Bempton Village, Barmston, Flamborough Lighthouse, North Promenade Beach, RSPB Bempton Cliffs Nature Reserve, YWT Living Seas Centre and much more. There also many attractions and events that draw in thousands of visitors each year. There is a Tourist Information Centre just a short walk away from the flats.

Bridlington town centre is approximately just a short drive away. The town is filled with a variety of businesses and has all amenities. There are many bars, restaurant and cafes in the town centre as well as a Tesco Superstore, for self-catering customers.

The town has its own train station, just a taxi ride away from the hotel, this has connections to Hull, Scarborough, Sheffield and Doncaster. There are also bus stops on the main road close by, with regular daily routes. This is great for tourists who are looking to explore different parts of the Great British coast line.  

There are two main A-roads in this town, the A165 and A614, this runs to surrounding towns and also connects to the M62 motorway.

Donnybrook Holiday Flats is a six storey property built in 1896, with excellent seafront views. The property is in keeping with the architecture of the town and looks like the traditional seaside property. There are steps leading up to the entrance from the street.

Entrance Hall

The entrance hall is spacious, bright and welcoming, with stairs up to the holiday flats. To the left of the stairs is a secure door, this is access to the owner’s accommodation.

Owners Accommodation

The owner’s accommodation is set over 2 floors, ground and basement. The ground floor comprises of a large kitchen, living room, utility room and a toilet. This could easily be converted back to a letting flat. Stairs lead down to the basement accommodation.

The basement level is made up of two large double bedrooms, an office/single bedroom, bathroom with shower and boiler room. The basement enjoys underfloor heating. Again this could be converted into a contained flat for further letting.

Holiday Flats

Flat Three

The first floor flat has a living room with dining area. There is a fireplace in the centre of the longest wall. A separate kitchen is just off the living room. To the right of the living room is a good sized double bedroom and a separate bathroom with shower. All fixtures and fittings, furniture and kitchen appliances including crockery and cutlery is also included.

Flat Four

Flat 4 has an open plan living room and kitchen with a sofa bed. There is a good sized double bedroom and bathroom with shower. Allowing a group of 4 to stay comfortably. Again, all fixtures and fittings, furniture and equipment is included.

Flat Five

An exact replica of flat 4, flat 5 has an open plan living room and kitchen with a sofa bed. There is a good sized double bedroom and bathroom with shower. Allowing a group of 4 to stay comfortably. Again, all fixtures and fittings, furniture and equipment is included.

Flat Six

Flat 6 has an open plan living room and kitchen, with all furniture, equipment and accessories included. It has a double bedroom and bathroom with a shower. Overlooking the sea, there are spectacular views from this rooftop room.

At the rear of the property is car parking for the owners, plus a bin store with driveway access along the left hand side of the building, from the front.

We are advised the business is being sold as a Freehold opportunity.

The business is open all year round. They offer a minimum two night stay, checking in at 2pm and checking out at 10am.

The business is run and managed by our clients.

The business generates a turnover in the region of £23,000 per annum.

Tenure: Freehold

Listed by: Hilton Smythe
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