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Holiday Let On The Beach Walcott

Norwich, Norfolk

£239,999 +SAV

Ref: 13209 G

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Description

Hilton Smythe welcomes to the market Beach Place. Our client has owned the business for over 5 years and is now looking to sell this beautiful property due to relocation and other interests. Beach Place is a self-contained two-bedroom holiday let on the vibrant coast of Walcott. The property is a stones throw away from the beach and makes a perfect retreat for a weekend or week away. The property is equipped with all self-catering kitchen equipment and entertainment e.g. TV and radio. The property also has broadband. The property has the following rooms-GardenConservatoryOpen plan living room/kitchenDownstairs toiletFamily bathroomTwo bedrooms The business is run by a manager, who arranges bookings and cleaning. This is a beautiful property with picturesque coastal views, that has been well maintained. The business is currently generating an advised turnover of around £18,000 as of the 2016 accounts. We feel that this figure could be increased with some further advertising. Sites such as Booking.com are a great way of generating more custom. Social media is also a good way of advertising a business. Facebook is a popular site where businesses can advertise for free. We are advised that the current manager takes 10% for bookings a very competitive rate and charges a fee for cleaning. With a hands on new owner, staffing bills could be reduced, therefore further increasing profits. The business has future bookings in place for both full weeks and weekend breaks. Prices vary throughout the year. On average for a week the holiday let charges around £500. This is a fantastic opportunity that is not to be missed. Hilton Smythe highly advise early viewing to take in the full potential of the trade.

Tenure

Freehold

We are advised the business is being sold as a Freehold opportunity.

Hours

The business is open all year round. Our client currently uses the holiday let when there are no bookings.

Staff

The business is run by our client and managed by a manager.

Financial Profile

The business generates a turnover in the region of £18,000 per annum.

Location

Beach Place is located in Walcott, Norwich, Norfolk. Walcott has an excellent coastline with beautiful picturesque views. This holiday home is set on the beach amongst several more holiday lets. The closest stores are a short 5 minute walk up the coast. There is a café, fish and chip shop, convenience store and a post office. Further around the coast is Mundesley, this is a busier town with some attractions. Walcott is mostly residential set between rolling fields and the beach. This is a quiet village which is perfect for a laid back relaxing break. Walcott is a village on the east coast, highly popular with tourists and holiday makers. The village is close to Sea Palling, Cormer, Sheringham, Hemsby and Great Yarnmouth, making this a great location for tourists looking to explore more coastal towns. The property is just off the B1159, this runs across the coast to Mundesley and runs further in land to Stalham. Stalham has a large Tesco and all amenities, this is just a 10 minute drive away and is great for those self-caterers that visit the area. There are two pubs with great food within walking distance. There are bus stops a short walk from the property, these have regular daily routes around the town. The closest train station is in North Walsham, approximately 6 miles away.

Premises

Beach Place is a great sized property situated on the beach. This is a great property for a holiday home. The ground floor of the property has an open plan kitchen and living room. This is a great sized room, perfect for entertaining. The kitchen has a hob, fridge freezer, microwave, kettle and all other kitchen equipment. The diner come lounge has a TV with DVD player and comes with a Hi-Fi and a selection of books, CDs and DVDs. The premises look modern and bright and boast exceptional sea views from each room. There is a conservatory currently used as a living room/diner, with a sofa and a dining table. The conservatory runs the full width of the property and allows for a lot of light. The French doors then lead on to a back garden, this has a decked area and a lawn. The garden is fenced off and secluded from neighbours. There is a toilet on the ground floor with WC and wash hand basin. The stairs lead up to the first floor, where there is a main bathroom. This floor also has two double bedrooms, both a generous size. The property has allocated parking. Equipment Includes-SofasDining tableChairs2 x Single bedsDouble bedTVShelvingBBQFridge freezerCookerHobMicrowave This is a ready to run holiday home.

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