The Old Wool House Apartments, a refurbished freehold building in the city of Carlisle has been brought to market through specialist business property advisor, Sidney Phillips.
The established and highly successful holiday let business offers luxurious, self-contained and fully furnished one-bedroom apartments on the first and second floors, as well as a ground floor office unit with a sitting tenant offering additional rental income.
Located in the heart of the historic city of Carlisle, the property is within close proximity to a host of landmarks including Carlisle Castle, Carlisle Cathedral and Tullie House Museum.
The business offers a great profit, with accounts for year ended October 2024 showing a net turnover of £73,000 and net profits of £59,000, with an additional £6,000 rental income from the ground floor office space but still provides a flexible lifestyle and offers potential for growth by operating 12 months per year.
Sidney Phillips is seeking an asking price of £595,000 for the freehold interest of The Old Wool House Apartments.
For further information about this business for sale, please contact Sidney Phillips on 01512 204879 or email northwest@sidneyphillips.co.uk. You can also view the property on our website by clicking here or search other hotels for sale and holiday letting businesses for sale.
February 2025