Hotel/guest house for sale in Morpeth, England, United Kingdom NE65

Business
Please quote reference B07886

CoGoGo are delighted to welcome to the market Twin Lodge Holidays Ltd, a highly rated and well presented holiday lodge in Morpeth, Northumberland.

The family run business opportunity was established by our client in 2017, building up an excellent reputation and a regular customer base.

This has now come to the open market due to our clients other commitments. Because of that, they don't have enough time to manage and focus on the lodges.

Twin Lodge Holidays Ltd are two holiday lodges located in Felmoor Park, a small select park, ideally situated for exploring all areas of Northumberland.

With a spacious open plan living area and dining table and chairs for four, these two bedroom lodges are ideal for a small getaway with friends or family. Their perfect holiday home from home includes a large flatscreen TV with Freeview, DVD player, central heating and a fully fitted kitchen with all of the necessary appliances to keep the hassle of self-catering to a minimum.

Key selling points -

• Fantastic reviews


• 16,000 Facebook followers


• 4,000 in a Facebook group


• Lodges are filled around 42 weeks of the year


• You can run the business remotely as it all set up to run, with all booking platforms, a company onsite who clean, maintain and look after our customers for them


• You could also make more money by being onsite and doing cleaning, maintenance etc yourself


• They have lots of repeat customers, coming back every year.


• Bookings in place for 2024 would be included in the sale for the new owners.

Scope for further growth -

• Increase advertising and marketing


• Expand their social media presence by creating a larger following on Instagram and TikTok


• Further develop the business website


• Some of the internal fixtures could be upgraded


• The lodge can also be added to more booking sites

Location
Twin Lodge Holidays Ltd is located on Felmoor Park, in Morpeth, Northumberland.

Premises

• Free Parking outside lodge


• Kitchen facility - Oven and Hob, Microwave, Kettle, Fridge/Freezer, Dishwasher, Washing machine, Iron/Ironing board


• Dining area - Table and chairs for 4 people


• Bedrooms - 1 Double and 1 Twin with single beds. Sleeps 4 and up to 6 if the fold out bed is used.


• Bathroom - Family bathroom with full sized bath and shower


• Living area - Central heating and Fire place


• Entertainment - Large flat screen TV with freeview channels and a DVD player


• Outside - Terrace with table and chairs, Private hot tub which is sunken into the terrace giving total privacy


• Local leisure activities - Horse Riding, Golf, Spa, Beaches, Castles, Walking, Cycling, Swimming Baths

Tenure
We are advised that the business is being sold on a Long Leasehold, with 43 years remaining on the 50 year lease (As of 2024).

Hours
The lodge is open all year round due to it being a holiday rental.

Staff
We are advised that the business has 2 part-time staff members.

Financial Profile
We are advised as per the 2023 accounts, the business generated a turnover in the region of £64,000. Further financials can be made available upon request.