Would you sell up?

Just a few thoughts. Inflation won't stay at 10%. If it does, then we're heading for a deep dark recession. At high inflation, expect interest rates to stay high too. If you do decide to sell, get your head around the tax implications, capital gains etc. With a large tax bill, you have the opportunity to maybe offset some of this against other paper losses or expenses such as depreciation on machinery etc. Worth your while taking to a good accountant in advance.

Could you hold onto some shares of the business so your still getting abit of an income

You know the business best, if you don’t sell is it going to continue to move forward or are you potentially at the limit of its opportunities? If it has room to grow and you want to push it on then hold on, if it’s at its limit I’d be more inclined to sell, especially if you have something else you would be interested in. Are there any opportunities for retaining employment/management if you sold it? Would you be open to that?

I guess ultimately if 1mill is undervaluing it don’t sell, if it’s over valuing it sell it quick!

Do you enjoy the work? Is it strenuous or stressful? Long hours? Away from family? What age profile are you and do you have significant costs coming down the line I.e getting kids through college.

If you enjoy it and the lifestyle that comes with it why not keep at it….

Could consider bringing a partner on board as the year go by. Spread the workload and the reward.

Could you go 50/50

Ignore rest of my post if you like but TALK TO A FINANCIAL PLANNER

My instinct would be not to sell.

The no pension stands out to me. It would be trivial at 100k salary to pay low tax rate, pay yourself 40k ish, take another 10k ish in expenses and pay 40k plus into a pension.

You'd build a nice wad quick enough in 10 years and not pay any high tax, while still paying prsi for future public pension.

This is assuming you have a limited company.

If you are taking 100k from it, and not stressed by it then keep trucking but start planning what’s next so that in 5 years time you don’t be here with the same decision.

Sell some keep some if possible.

Think of the handy life you could have with that kinda nest egg.

Plenty of jobs at the moment to keep you rocking over. You could also get a very good education from that money.

It'd want to be all gutted and redone to modern standards. Then you probably have the troubles withstanding of a listed building. But if done right it'd be a fair mansion. You could invite the Collison brothers over to a gaff like that.