11/23/2017 | Hotels

Countryside guest house with holiday homes in Nottinghamshire sold

Specialist business property adviser, Christie & Co has completed on the sale of the Bridleways Guest House & Holiday Homes in Forest Town, Nottinghamshire with funding secured through specialist commercial finance broker, Christie Finance.

Surrounded by the open countryside and situated on c. 3 acres, the business provides easy access to Sherwood Pines Forest Park, Rufford Abbey and the Sherwood Forest Visitor Centre. The business boasts nine en suite bedrooms in the main guest house and a two bedroom bungalow inclusive of a kitchen, lounge and private terrace. Additionally, the property offers four static caravans, serving as self catering accommodation, popular for private getaways.

Previous owners Michael and Gillian Rand decided to sell their business with plans to retire. New owners Emyr and Tracey Jones come from Cheshire. While Mr Jones is experienced in the trade, the first time buyers are excited to take on their first business venture.

Gavin Webb, Business Agent at Christie & Co’s Nottingham office who handled the sale comments; “The purchase of this excellent guest house and holiday homes business, located in a superb catchment area benefitting from both tourism and business trade, presents an ideal lifestyle opportunity for a new owner. I am delighted to have secured a sale for Mr & Mrs Rand and wish them all the best for the future.”

Stuart Pawelczyk, Associate Director at Christie Finance comments; “‘Emyr and Tracey are the ideal candidates to take Bridleways forward and I’m delighted they’ve completed the purchase. Albeit first time buyers, I was delighted to be able to provide a choice of lending options for them. This really goes to show the benefit of having an experienced and knowledgeable broker on board to ensure the funding process runs smoothly and quickly. Using our market insight has enabled us to obtain market leading terms for not just Emyr and Tracey, but many other leisure and hospitality operators too’.”

The Bridleways Guest House & Holiday Homes was sold off a guide price of £875,000.