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Project Willow, Area of Outstanding Natural Beauty

Guide Price
£8,500,000

Business rates & charges may apply

Savills, Exeter
SIZE

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SECTOR

Hotel for sale

Key features

  • Purpose built hotel, spa and restaurant
  • Highly profitable with consistent trading track record
  • Revenue for year ending December 2023 in excess of £5.1m
  • EBITDA for year ending December 2023 in excess of £1m
  • 2024 YTD (Jan-Sep) EBITDA £57,700 ahead YOY
  • Further development possible to increase key count and facilities (STPP)
  • Freehold

Description

Project Willow represents an excellent opportunity to acquire a well established and profitable purpose built hotel and spa, in an easily accessible location.


The business delivers strong revenue performance from well diversified revenue streams including room sales, food and beverage, spa and health club membership.


There is scope for an incoming purchaser to leverage the existing success of the business to deliver additional bedrooms and facilities.


Turnover for YE 31 Dec 2022 was £4,737,892 and EBITDA was £1,015,541.

Project Willow, Area of Outstanding Natural Beauty

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Kemble Station3.6 miles

About Savills, Exeter

17 Dix's Field, Exeter, EX1 1QA

Notes

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Disclaimer - Property reference B5C78E1A-9BB7-40F5-B5B5-0C7C23894CE2. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills, Exeter. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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