The Savills Blog

Investing in a lifestyle business

Woodbury Park Hotel, Exeter

If you dream of escaping the daily commute and confines of a 9-to-5 job, then investing in a lifestyle business such as a small hotel or cottage complex could be just the opportunity you’re looking for.

Running a lifestyle business allows you to work alongside your family and over time the profits generated by the business can pay off the capital, making them a great future investment.

They can be financed in a number of ways, including a residential or commercial mortgage or a combination of both. Location is key for this type of business. You must also research the proposal thoroughly, and ensure you prepare a comprehensive business plan.

When it comes to the type of business to consider, one which offers a wide range of income streams is a wise choice. Why put all your eggs in one basket when you could spread the risk with a multi-faceted business? Hotels which provide income streams from accommodation, food and beverage, golf, leisure, spa, functions and weddings are the best future-proof investments.

Woodbury Park Hotel, Golf and Spa, currently on the market for £11.75 million, is a prime example of a multi-faceted business. Originally created by by Nigel Mansell CBE, it has two restaurants, six conference rooms and a leisure centre with spa, gym, squash court and indoor swimming pool. In addition, there are five self-catering lodges in the grounds, plus two golf courses, a rugby or football pitch and tennis courts. In other words, this property has eight revenue streams: the ideal lifestyle business.

Further information

For more details on Woodbury Park Hotel, Golf and Spa and other available properties, contact Savills hotels team.

 

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