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Mid Cheshire Area, Middlewich, CW10

3,840 Sq Ft / Leisure / Hotel

Withdrawn - Last updated: 27 August 2014

The business offers a fantastic opportunity to acquire a period farm house residence, thought to date back to the early 1800's together with a beautifully converted two storey detached barn, now comprising the Bed and Breakfast accommodation. The private farm house residence comprises a very spacious five bedroom house, now sub divided by light partitioning, to create an independent two and three bed property. The property has been modernised whilst retaining many of its original features and would either make a spacious family residence, or in its current arrangement could provide holiday let accommodation.

Opposite the house is a substantial two storey former barn of brick elevations with slate tile roof, currently providing 11 Star-Rated bedrooms, 7 rooms are ensuite, the 4 remaining rooms have private bathrooms adjoining. There is also a professional kitchen, dining area and former farm shop, which could easily accommodate a further two ensuite rooms. The barn was converted in 2003 and is finished to a high standard throughout. Externally there are private gardens serving the house, areas of hardstanding and a large car parking area. There are also 5 detached former agricultural units providing additional income potential. The total site area extends to 1.8 acres.

Location

The property is very conveniently located in rolling Cheshire countryside, within convenient distance to five local towns and the M6.

Accommodation

Private Residence
(Rear Half)
Grd Floor: Porch, utility, WC, fitted kitchen, living room
First Floor: Landing, bathroom, store, 3 bedrooms
(Front Half)
Grd Floor: Entrance hall, kitchen, utility, living room
First Floor: Landing, bathroom, 2 bedrooms
Total NIA 2,088 sq ft
Bed & Breakfast Barn
Grd Floor: Dining room, farm shop (inc 2 WC’s, could be two more ensuite
rooms), kitchen, office, laundry room, store, 4 ensuite rooms.
First Floor: Landing, communal lounge and kitchen (could be another bedroom
with separate bathroom). 3 ensuite bedrooms, 4 bedrooms with
adjoining private bathrooms, 2 x stores.
Total NIA 3,840 sq ft

The bed and breakfast provides 11 bedrooms, all with private bathrooms (7 en-suite, 4 with private bathrooms adjoining). Four of the rooms have been added this year and fitted out tan an excellent standard, the others retain a more traditional style. There is also a residents lounge and kitchen. The business property also offers a breakfast room, full commercial kitchen, laundry room and office, as well as various store rooms.

Former Agricultural Units
Unit 1: 2,400 sq ft
Unit 2: 2,400 sq ft
Unit 3: 2,720 sq ft
Unit 4: 736 sq ft
Unit 5: 3,520 sq ft

Specification

The business provides 11 bedrooms in a converted brick built barn. Guests are mainly drawn from local businesses, such as Bentley, as our client has built turnover through the weekdays to reach 63% occupancy (Mon-Thu), but only 38% Fri-Sat. Such has been the growth they have not concentrated on weekend/leisure trade, as they do not wish to exceed the VAT threshold. With no advertising undertaken for over 2 years there is still a lot of potential for a new owner.
Until 2011 the business also ran a tea room and farm shop. Whilst profitable our clients decided to scale back and focus on the bed and breakfast. They converted some of the space to add 4 modern rooms in 2010 to a standard that would put many a hotel to shame. These conversions have helped grow turnover. Room rates range from £XXXn for a single room (mainstay of weekdays) to £XXXn for a double. Discounts are offered to customers who stay over three nights (£40/£60). Guests have their own key access, releasing our clients from the business after breakfast. The substantial car park is completely separate from the main farmhouse.

The business and property provide many opportunities.  The bed and breakfast can be expanded if a new owner can fully exploit bookings by not restricting the turnover to within the VAT limit. At full 100% occupancy turnover could exceed £190,000 and whilst 100% may be unrealistic it shows how much potential there is.


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