5 Attractive Holiday Apartments in IOM Tax Haven
Advert ref: #1124
Category: Leisure -> Hotels & Holiday Accommodation
Location: England -> North West -> Isle of Man -> Peel
Category: Leisure -> Hotels & Holiday Accommodation
Location: England -> North West -> Isle of Man -> Peel
Business for sale
Asking Price:
£725,000
Turnover:
£50,295
Annual profit:
50k to 99k
Audited accounts:
Yes
Management accounts:
Yes
Years trading:
2
Employees:
No
Photos:
No
Ownership:
Sole trader
Business description
An excellent opportunity has arisen to acquire this well prepared business, in recently refurbished premises. The apartments are furnished to a very high standard and have alrady established year round bookings with many periods when the entire property is fully booked. The scope to exploit the opportunities created by the present owners is extensive. There are currently two en-suite rooms which are not being utilised and are an un-tapped source of income. The owners' extensive and attractive accommodation is located on the ground floor and consists of a lounge, kitchen/diner, two en-suite bedrooms and a patio garden.The business is located in the historic city of Peel on the beautiful west coast. The property is one of a row of Victorian properties, which is situated at the Northern end of Peel Promenade. The property is west facing looking over the bay and is an ideal position from which to enjoy the views of what is referred to as the sunset city. The IOM tourism economy benefits from a number of key events during the year including the TT races and the Manx Grand Prix. Year round the island has many tourist attractions with numerous historici sites, cultural, sports events and places of interest. For the business owner the island is an attractive location because of its extremely generous tax regime and for the pace and style of life.
