7 Bed Terraced House, Lime Grove, BA2

This is a rare opportunity to take on a lease for a whole 5 storey building within a 5 minute walk of the city centre of bath. 
the property consists of 3 separate flats:

1 self contained basement level flat - 1 bedroom, en suite, living room, study area, kitchen, utility room and front garden
1 middle floor flat currently set as 3 bedrooms, 1 kitchen diner, 1 bathroom, 1 WC and a snu/study area with back garden
1 top floor masionette spread over 3 floors, 3 large bedrooms, 2 bathrooms, 1 WC, utility room, kitchen/diner/living room, back garden. 

The individual flats are currently listed on Airbnb with around 50% of the available dates per month bookable as i currently live in one of them with my son. 
the individual rooms are listed on Airbnb and also the flats in the entirety.

they tend to be fully booked on fridays and saturdays which are the most expensive days.

We are looking for an ethusiastic entrepreneur to come in and take on a lease for the entire building and run as a profitable business. As mentioned currently we have been running this at only 50% capacity and its been doing really well.

With 7 rooms there is potential to have 210 nights per month available for booking.
with 56 'premium' nights (7 room x 8 weekend dates fri-sat) available at an average of £150 per night you are talking a potential yield of £8,400 on weekend nights alone. 
This is before you factor in additional charges for extra guests (current room prices are based on 2 people sharing), 2 of the rooms have capacity for 4 sharing. 


Then a assuming the remaining 154 nights are £50 - £100 (£70 for this calculation) and you are super conservative and estimate 50% occupancy...

£75 x 77 = £5,775

If the flats were let out as a whole then you are looking at between £350 - £1000 depending on which flat it is and the no. of guests.

myself and my partner run a separate business and am therefore unable to maximise this opportunity. 

We encourage interest from individuals looking to start their own business or established companies with a proven track record in managing such a property.

All bills (council tax, broadband, gas/elec will be covered in your monthly payment)

This is a good to go opportunity with bookings already made through to August. Property will be furnished, we literally just hand you the keys and away you go (Terms apply obviously)