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York, North Yorkshire, England

  • Freehold Price: £875,000
  • Annual Turnover: £40,000
Seller Reference: 583572
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Business Description
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Seller Reference: 583572
Request Details
Business Description
Four Bedroom Bungalow and Large 78 Cover Café
Two Bedroom Holiday Let – Potential Return £750 per Week
Worked Over Seven Days with Very Little Input from the Owner
Retirement Sale After Over 20 Years Here
Superb Caravan Site, Currently Accommodating Five Caravans
Annual Turnover £40,000
REF 583556. EPC Band C.
Business and Property £875,000
North Yorkshire

A rare opportunity to acquire this outstanding business with exceptional freehold investments set in over ten acres with over six acres of fishing lakes which are superbly stocked, two bedroom holiday bungalow, 78 seater cafeteria, caravan parks and owners delightful four bedroom detached bungalow. The concern is situated in this idyllic rural setting in North Yorkshire. The site is located on a busy 'A' road and boasts over 18,000 vehicles passing the door daily. SO RARELY DO BUSINESSES OF THIS CALIBRE REACH THE OPEN MARKET. Annual Turnover £40,000.

The business is worked over seven days but with very little input from the owner other than to collect the fees and keep the place looking immaculate. The cafeteria / tea rooms and the holiday cottage could be opened to the general public which would make a massive difference here. Also, as our client does no to very little online advertising, an online advertising campaign and their own website here would benefit this business greatly. The business was established over 20 years ago by our clients who are now to retire. The six acres of lakes hold approximately £200,000 worth of fish which are included in the purchase price.

The premises are freehold and comprise reception leading to the 150 space car park with the six lakes directly in front amounting to approximately six acres of lakes, beautiful meadow type landscaped grounds. Five of the lakes, our client charges £8 per peg and the sixth lake house up to 30lb and is charged at £20 per peg.

There is a modern fairly newly built cafeteria comprising reception leading to the 78 cover café with open servery and a very well fitted commercial kitchen, toilets, stores etc. Outer patio area and enclosed garden with further seating. The cafe is rented out on a trial basis for three months from September 2019 for £100 per week, rising £150 week after the three months.

The holiday bungalow can command up to £750 per week as a holiday let. This bungalow, with the right marketing could be occupied 52 weeks per year – placing this onto a site such as Airbnb would certainly be a big step toward this. Our client has recently installed a large three bedroom static caravan 38 x 12 ft (11.5 x 3.6 m) which returns £130 per week.

The caravan park currently accommodates five caravans but our client is applying for planning to extend this site. Planning has been passed for a large garage on the site – further information is available on this.

The owners four bedroom bungalow offers a luxury spacious family home comprising reception leading to the large well fitted dining kitchen, spacious through lounge with space for a formal dining area. Four excellent double bedrooms. The master bedroom is en-suite. Lovely bathroom with bath and shower cubicle. The property benefits from solar panels which generate free electricity for the site and also provide an annual income of £900.

In total our client advises us that the total return is circa £23,000 - this is in addition to income from the fishing lakes. EPC Band C.
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