Wedding Venues for sale in Newark

View the "Exclusive Wedding Venue with Accommodation, Guesthouse and Event Field" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Exclusive Wedding Venue with Accommodation, Guesthouse and Event Field

Newark, Nottinghamshire, England

  • Freehold Price: Offers Invited
Seller Reference: 616
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Business Description
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Seller Reference: 616
Request Details
Business Description
Swan Corporate are delighted to offer for sale this excellent opportunity to acquire a luxurious venue in Nottinghamshire.

• (Forecast)Turnover in 2021 of (approx.) £1,000,000 with a net profit of (approx.) £400,000.
• This opportunity consists of an exclusive wedding venue with accommodation, a luxurious guesthouse, and a licenced event field. The vendors also have
planning permission for an additional 8 bedrooms, swimming pool and spa area on site - which the vendor is happy to share information on.
• Site Expected to be completed and (fully) operational in December 2020.
• Wedding Venue – Renovated to an exceptionally high standard throughout. The wedding venue consists of a wedding/banqueting hall, catering area, bar, and
function room and (13 room) accommodation.
• Guest House – Once again renovated to a high standard, the site boasts a large, 6 room Guesthouse, which can sleep up to 14 people. This can be rented out
on an adhok basis or in relation to corporate events or weddings hosted on site.
• Event Field – There is also an event field included in the sale. This is licenced to hold 3-day festivals between June and September.
• Further Guesthouse – The current vendors are in the process of obtaining planning permission for another 8 bed Guesthouse to compliment the other facilities on
• There is flexibility from the current owners as to the structure of the sale and are willing to separate aspects of the site and reflect this in the price.
• Bricks and Mortar Value of Site – Approx. £2,500,000
• Future booking secured, ensuring revenue for potential buyer.
• UK Travel sector and Wedding industry set to boom in coming years.
• Minimal Competition in the area from other, exclusive sites.
• The business is primed for continued growth and futures success under the impetus of new ownership.
• Excellent opportunity for an existing wedding venue to add to their portfolio, private equity firm or high net worth investor.
• It was always the intensions of the current vendor to sell the business at this stage or employ a management company as they do not wish to run the day to day
operations of the business.

Please Contact us for further information and to arrange a viewing of the site.
Location Details:
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