Historic Guesthouse and Beautiful Grounds in Staffordshire

Cheadle, Cheadle
REF: S07793

Asking Price:
£995,000
Annual Turnover:
£24,350
Annual Net Profit:
TBC
Featured
REF: S07793

Overview

Tenure:
Freehold
Established:
2000
  • Enormous growth opportunity
  • Spacious premises on a vast amount of land
  • Accommodation included
  • Well-equipped premises
  • Equipment included in sale price

* Open to Offers * This is a fantastic opportunity to purchase the freehold for a 7-bedroom guest house situated on 6 acres of land in Cheadle, Staffordshire. Steeped in history, Abbot’s Haye stems from the Tudor era, also boasting property extensions from the Georgians and Victorians. As Second Elizabethans, the two current owner/operators have worked tirelessly to renovate the property and introduce modern amenities such as solar hot water and a 4kW PV system.

The business has a wonderful reputation due to the sheer beauty of the property’s grounds, the friendly welcome provided by the owners, convenient parking, and delicious breakfast. Its proximity to Alton Towers, only a 10-minute drive away, has made it especially popular for families visiting the Resort. Other renowned attractions nearby include the Staffordshire Moorlands and pottery production.

Abbot’s Haye consists of 3 plots of land, 2-acres each in size. The main house is at the rear of the centre plot, whilst the bunded oil tank and outbuildings are found further back of the centre plot. The furthest plot from Cherry Lane contains the field drainage pit for the household sewage, for which there are the necessary permits. The vendor is seeking planning permission for the third plot, situated closest to Cherry Lane, and so there is the possibility that this will not be included in the sale, with a price reduction accordingly. It is also important to note that the turnover listed is an average across the business's 20 years of trading.

Guests reach the main house, its landscaped garden, and large, gravelled parking via a curved driveway from Cherry Lane. Entering the house’s beautiful hall, guests find a dining room, living room, 2 lobbies, bespoke kitchen, larder, cloakroom, and WC facilities. Continuing upstairs to the first floor, 4 ensuite bedrooms and an airing cupboard are found. On the second floor, a further 3 ensuite bedrooms and a third lobby are available. A twin vaulted cellar is also found in the house’s basement.

The Project section of the house consists of an old kitchen used for storage, a conservatory, 2-storey barn extension (inc laundry room and garage), a rear garden, and 2 outbuildings. The first is a T-shaped shed/greenhouse, incomplete and in need of repairs. The second is a brick shed comprising 3 rooms for dogs’ sleeping quarters, logs, and garden tools.

A full walkthrough of the property, its décor, and facilities is available upon request. Furthermore, a transition period is available.

This is an exquisite opportunity for a buyer who is experienced in the hospitality sector, particularly within a guest house or B&B. The business presents itself as a brilliant growth opportunity with plenty of scope for further development, particularly as the UK’s domestic holiday sector continues to grow due to the Covid-19 pandemic. Additionally, the business’s outstanding online presence, such as its 9.1 rating on Booking.com for 2020, will further prime the buyer for success.

To achieve growth of the business, the buyer would likely benefit from renovating the premises to boost its already impressive appeal. The Project area's 750 sq ft 1st floor can be used to add 3 guest bedrooms, or as owner accommodation whilst using bedroom 6 & 7 as extra guest space instead. Furthermore, the business would reap the rewards of a well-planned and executed marketing campaign to increase brand awareness and consequent reservation requests.

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  • Rural setting
  • Village location
  • On-site car parking
  • Close to local businesses
  • No local competition
Rent
N/A
Rates
£0
Lease Term
N/A
Lease Expiry
N/A
Square Footage
TBC
Accommodation Included
Yes
Premises Licence
TBC
Property Value
£900,000
Planning
TBC
EPC
TBC

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Accounts
XXXX
Trading Entity
XXXX
Current Ownership
XXXX
Management Structure
XXXX
Number of Employees
XXXX

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