The business opened in spring 2013 after an extensive renovation programme to bring a 19th century water mill up to commercial property standards, together with a 3-bed cottage, various outbuildings and six new-build eco-lodges, all supplied with hot water and space heating from a biomass boiler with a highly insulated underground district heating system. Water is supplied via a 50m deep bore hole and sewage is handled by an aerobic digester.
The property with its 11 acres grounds, owned by the director to whom the company pays a monthly rent.
This is basically a beautiful hotel/property complex which currently offers Ayurveda and Yoga retreats as a lifestyle business for the owner and since the summer of 2014 all retreats have been fully booked with 100% occupancy.
There is considerable opportunity to increase the number of retreat days per year, increase accommodation and tap into the more lucrative corporate market.
Other business opportunities include (but not limited to):
| Turnover (£'000) | Adjusted EBITDA (£'000) | |
|---|---|---|
| 2022 (Actual) | 220,000 | 167,000 |
| 2023 (Actual) | 193,000 | 145,000 |
| 2024 (Actual) | 245,000 | 124,000 |
Balance sheet circa £50,000
Property value: £2,950,000
Retirement sale
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