Holiday Lettings for sale in Windsor

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Mrs Herbert (Nov 2017)
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Freehold Price: Price on Application Annual Turnover: £94,000 Annual Net Profit: £36,000
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Business Description
Catherine Villas Windsor is ideally located in the very popular Royal Borough of Windsor.

The business compromises two freehold properties on separate titles and are created as either 2 or 4 units, depending on the target market, time of year and revenue generation options.

Business successes are attributed to the fact that the owners live on the premises and are therefore able to offer outstanding customer service, having achieved Super-Host status on an online booking site. The flexible business model affords maximum revenue generation by combining short term family holiday lets with medium term executive lets in self-catering serviced properties.

Options to generate further income from additional add on’s include: Laundry Service; House Cleaning Service for Executive Lets; Shopping Service; Photography Sales; Transfers and Tour Guides, all using local providers.

There is potential to further expand these services to achieve extra income.
Annual turnover for the lettings can vary between £68,500 and £94,000; depending on how much flexibility is allowed for. These figures exclude sales of add on’s.

Location

Catherine Villas Windsor is within walking distance of Windsor Town Centre, Windsor Long Walk and Windsor Great Park. LEGOLAND is a 5-minute drive away (traffic dependent) and there is a bus stop to LEGOLAND across the road, which means we are very popular with families during the school holidays.

Naming Background

The business is named after the Victorian Property which was built in 1895 and named Catherine Villas. It is understood that the builder who built these two Victorian semis’ in 1895 named them after his daughter, Catherine.
The current owner chose to retain the name ‘Catherine Villas’ however in order to achieve maximum exposure wanted to add ‘Windsor’ to the end of the business name, thus becoming ‘Catherine Villas Windsor’. In January of 2017 the current owner achieved Royal Household approval to use the name ‘Windsor’ in the business name, ‘Catherine Villas Windsor’.

Two Freehold Properties:

Property 1 can be let as either a:

- Three bedroomed house with a courtyard garden and off-street parking for 2 cars

OR

- 2 separate units:
One as a 2 bedroomed townhouse
The other as a 1 Bedroomed Maisonette
Off-street parking is available for 2 cars, one for each property.

Property 2 can be let as either a:

- Four bedroomed house with 2 gardens and off-street parking for 4 cars

OR

- Two units:
o Upstairs:
2 bedsits with tea stations, each has an en-suite bathroom OR a 1 Bedroomed apartment
o Downstairs:
2 bedrooms with one shower and W.C. and access to 2 gardens to the rear through an open plan kitchen/diner/living area. This is the current
business owner’s residence.

Options to increase revenue may include re-configuring this property as 3 x 1 bed apartments and as there are 4 parking bays, this would afford each apartment one parking bay with a fourth one available for Visitors.

The owner is selling to expand business interests in a different industry.

Early viewing is highly recommended; please complete the contact form below.
Trading Hours:
8am - 10pm

Number of Employees: 1-5

Tenure: Freehold

Number of bedrooms: More than 5

Accommodation Details:
Two properties on two separate title deeds with 4 bedrooms in the one and three bedrooms in the other.

Support & Training:
Hand over support and training available to new buyers

Location Details:
Great location and within walking distance of Windsor Town Centre, Windsor Castle, Windsor Long Walk and The Great Park.

Short drive to Heathrow Airport and two train services into London, one to London Waterloo and the other to London Paddington. There is a London Euston bus service available.

Is this business home based: Yes

Website:

Find out more about this business opportunity.

 
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PAX01306144772
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