Property photos
Just added
Business
Freehold
£2,000,000
Hotel for sale
NR18, Wicklewood, NorfolkLocal area information
Property location
Nearby amenities
- Wicklewood Primary School 0.8 miles
- Morley Church of England Primary School 1 mile
- Spooner Row 2.5 miles
- Wymondham 2.5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- Turnover for year-end July 2024 was £79k, with an adjusted ebitda in excess of £37k Please note: The business currently operates on a lifestyle basis with turnover deliberately capped.
- There is further scope for a significant increase in turnover by expanding through either care or hospitality avenues.
- Property consists of a 5-bedroom main house with 5 self-contained units with a total of 18 double-bedrooms.
- The 5 self-contained units are fully operational, each with kitchens and bathrooms, offering immediate revenue as a holiday let or adaptable living units for supported accommodation.
- Externally, the property has large gardens, a tennis court, a gym and an indoor swimming pool.
- The business currently operates as a family home with holiday lets operating for 6 months of the year.
- Significant room for expansion for both lifestyle buyers and experienced commercial operators.
- Property available as a freehold with a brick-and-mortar value of £1.5m.
Kings Corporate are delighted to present Project Beckett an investment opportunity based in Norfolk. The business is well-established and offers its services across the region. The vendors now wish to focus on other business interests, with the business representing an excellent acquisition for an existing operator within a similar sector or a new market entrant. Business is available on a freehold basis. Please contact us for further information using reference number 51744 or quote Project Beckett. Ref: 51744
More information
Listed by
Bruce & Company
View agent properties.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by - Bruce & Company. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Bruce & Company for full details and further information.