Highly profitable award winning 5 star holiday let business for sale
Specialist business property adviser, Christie & Co has brought to the market the award winning Luxurious Cottages, an exceptional holiday let business in East Runton, a small fishing village situated along the North Norfolk coastline, an area growing in popularity among tourists looking to explore the coast and a number of attractions, country houses and Georgian towns.
Operating year round, Luxurious Cottages consists of three properties, Incleborough House, a Grade II listed country house built in 1687 and two smaller properties, Stable Cottage and The Brambles, sleeping a total of 30 guests altogether.
The Incleborough House boasts 7 luxurious letting bedrooms, with an elegant Drawing Room, cosy Snug equipped with a fireplace, Games Conservatory with a pool table, hot tub and outdoor patio. The Stable Cottage offers three letting bedrooms and The Brambles consists of three letting bedrooms and the ‘Den,’ which is currently set up as a family room, but could be converted into an additional bedroom.
Nick and Barbara Davis, who are now looking to retire having owned Luxurious Cottages for a number of years, have developed and improved the properties to a very high standard. Luxurious Cottages has been awarded 5 Star (self catering) and Gold Awards from enjoyEngland.com, among others and enjoys excellent customer reviews from TripAdvisor, consistently receiving ratings of 95% and higher.
New owners will benefit from comprehensive training and an exceptional forward booking list for guests, many of whom are returning customers.
Tim Gooding, Director at Christie & Co’s Ipswich office comments, “The business is not only of exceptional quality with three high value property assets but it is also a highly profitable operation with the scope to grow with more accommodation potential in Incleborough House in particular. We are expecting a broad range of interest to be generated from investors, operators and hospitality buyers across the market.”
Christie & Co is seeking offers in excess of £2.5m for all three Luxurious Cottages properties.
