8 Profitable Luxury Holiday Apartments for Sale in Cornwall

Wadebridge, Cornwall
REF: INT2704

Asking Price:
£1,750,000
Annual Turnover:
£150,000
Annual Net Profit:
£100,000
Reduced
REF: INT2704
Photo of 8 Profitable Luxury Holiday Apartments for Sale in Cornwall
Photo of 8 Profitable Luxury Holiday Apartments for Sale in Cornwall
Photo of 8 Profitable Luxury Holiday Apartments for Sale in Cornwall
Photo of 8 Profitable Luxury Holiday Apartments for Sale in Cornwall

Overview

Tenure:
Freehold
Established:
2008
  • Excellent Reputation
  • Low Overheads
  • Accommodation Included
  • Strong Supplier Relationships
  • Secure Contracts

This is an exciting opportunity to acquire 8 luxury holiday apartments that are managed by an external holiday lets business with a national presence. The homes achieve an amazing income all year round, and are sold with the freehold included.

The development is made up of 4 luxury apartment blocks named after well-known birds. These apartments have a remarkable letting history and offer a great income all year round.

The apartments are situated within a short drive of some of Cornwall's most beautiful beaches, bays, and coves, such as Harlyn Bay, Treyarnon Bay, and Constantine Bay, which are all within a six-mile radius. They are being sold with the freehold included, and all 8 luxury homes must be sold together as one full business, which offers a long-term investment and the opportunity to gain profits from the business weekly, monthly, and annually.

All apartments have been designed to the highest of standards, and maintained to a brilliant quality throughout – brochures and costings are to be provided upon request.

The luxury apartments are located in the desirable village of St Issey on the North coast of Cornwall within their own development known as Copper Beech Mews. The apartments are designed to an exceptionally high standard and are maintained to the same high standard.

Each apartment features a spacious open-plan living space that includes a well-equipped kitchen. There are two bedrooms in each apartment, one with a double bed and the other with twin beds, both with quality furniture and a TV in each.

The shower room is situated between the bedrooms and features a luxurious rainfall shower head.

The location of this development is highly desirable, and with maximum exposure and the creation of its own website and partnerships with local businesses, this business has the potential to be even more profitable.

The business has already established a remarkable letting history, and there is significant potential for growth in the future. The apartments are situated in a beautiful area that attracts many visitors, and with excellent marketing strategies and management, the business can continue to thrive.

Features

Key Information

  • Parking: Yes

Location

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  • Residential Location
  • Close to Local Businesses
  • On-Site Car Parking

Property

Rates
£2,189
Accommodation Included
Yes
Freehold Property Value
£2,000,000
EPC Rating
B 26-50

Financial & More

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