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Established 8-Bedroom Coastal Holiday House In Bridlington For Sale

Bridlington, East Riding of Yorkshire, UK, ID 267605

Asking price:
GBP£475 000
Turnover (per year): £81 000 gbp
Net profit (per year):£46 500 gbp
Owner
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Description

8-Bedroom Victorian Holiday Home & Established Holiday Let Business for Sale - BridlingtonA substantial 8-bedroom, 6-bathroom Victorian holiday home located a short walk from Bridlington’s sandy beach, sleeping up to 15 guests.The property has been thoughtfully designed for group stays, featuring a large kitchen diner and lounge, both with wood-burning stoves, a snug with games console, full-fibre Wi-Fi, parking for four vehicles, and a secure garden with a 6-seater hot tub, table tennis table, and trampoline.The spacious layout, family-friendly features, and dog-friendly facilities make the property ideally suited for family gatherings, hen and stag groups, and multi-generational holidays.BusinessThe business has traded successfully for 5 years and has built a loyal customer base.The property holds Superhost status with numerous positive reviews.Over the last four full trading years, gross annual income has ranged between £71,000 and £100,000, with an average adjusted net profit of approximately £46,500 per annum after excluding one-off capital improvements and financing costs.OperationsThe business is fully set up for remote management, with an established team in place covering cleaning, housekeeping, hot tub maintenance, and garden care. These arrangements are available to transfer with the sale.The property benefits from:* Wi-Fi-controlled heating system* Remotely managed hot tub with air source heat pump* Professional fire alarm system* Fire risk assessment* EICR certification* Gas safety documentationRecent ImprovementsThe property has been extensively upgraded over the past 5 years, including:* New kitchen and bathroom extension* Complete replacement of the main bathroom* Full rewiring and repiping throughout the property* Replacement of many windowsThe property has been finished to a high standard throughout, providing a turnkey business ready for immediate operation.Reason for SaleThe business is being offered for sale due to the owner’s health over the past two and a half years and a resulting change in financial priorities.The property has continued to perform strongly, supported by the established management team, and is being sold as a genuine turnkey opportunity.Growth PotentialThere are several opportunities to further develop the business, including:* Partnerships with local businesses to create holiday packages* Pampering evenings and special event packages* Property decoration services for celebrations* Cream tea experiences* Private chef services* Increasing direct bookings through website improvements, SEO, and enhanced social media activityA rare opportunity to acquire an established, highly rated holiday let business in a proven coastal location, ready to continue generating income from day one.

Details

Real Estate: Real Estate Included
Equipment cost: 60 000
Employees (ppl): 4
Support from seller: Full transition support from seller
Asking price: 475 000 gbp
Turnover (per year): 81 000 gbp
Net profit (per year): 46 500 gbp

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