Bed & Breakfasts for sale in Inverness

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Mr K. Hall (November 2016)
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Freehold Price: £395,000
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Business Description
CCL Property is delighted to bring to the market this well-established bed and breakfast situated in a prime trading position, close to the city centre of Inverness. No.29 Greig Street comprises 7 letting rooms with a mixture of accommodation, attracting a variety of clientele. This, combined with strong trading figures and spacious owners’ accommodation makes No.29 Greig Street an exceptional opportunity for purchasers.

Established Reputation
Prime Trading Location
7 En Suite Letting Rooms
Walk in Condition
Well-Equipped Kitchen and Catering Facilities
Versatile Owners’ Accommodation
Strong Trading Figures
Great Growth Potential
Amazing Lifestyle Business Opportunity
Freehold
Offers Over £395,000

No.29 B&B is a well-established guest house with a great reputation for quality accommodation and service only 5 min walk from Inverness city centre. Trading from April to October the business sees exceptionally high occupancy levels of above 95% for the duration while consistently achieving 100% during the height of peak season year on year. Rooms are offered on a B&B or room only basis with a 60/40% split respectively. Generating an attractive yield with consistently high trading margins, this 7 bedroom B&B is a thriving business that is both easily managed and maintained.

It possesses an excellent reputation, generating high numbers of forward bookings from return visits and repeat custom. And due to its trading success, the B&B is not outwardly advertised with online booking facilities which is limited to Bookings.com only. This has allowed the proprietors to introduce a rate structure without having to give consideration to commission charges payable in that regard.

The hospitality industry remains a high value and sustainable sector in the area with Inverness being the gateway to many of Scotland’s major tourism destinations. Demand for short, weekend and city break accommodation is high and No.29 is ideally situated to take full advantage and meet that requirement.

During the summer months the city itself overflows with visitors attracted to the rich variety of places to visit and things to do both in and around the city. Events such as the Scottish Open Golf Championship, Loch Ness Marathon, Inverness Highland Games, Blas Festival and Belladrum attracts travellers from far and wide to experience the range of activities on offer. These include Loch cruises, walking, heritage and scenic tours, outdoor adventure activities, whiskey and castle trail and the many championship links golf courses. Tourism itself is a key business sector in this vibrant and cultural City which promotes a dynamic economy with a modern infrastructure, strong sense of community and outstanding lifestyle advantages.
Tenure: Freehold

Location Details:
amenities, restaurants, pubs, theatre and the river Ness. A mere five minute walk from the town centre, this property is situated just off the A82 tourist route through the City offering excellent passing trade potential.

Transport options are excellent with Inverness having a central railway station offering direct transport across Scotland and a dedicated sleeper service to London. Inverness airport 8 miles to the North East of Inverness offers a number of domestic and European flights whilst the A96, A82 or A9 both offer direct roads to the East, North and South.

Inverness is the capital of the Highland’s and is the perfect place to be based for exploring the surrounding area with its outstanding scenery, host of activities and historic landmarks. It also offers easy access to the coast, lochs, mountains and glens that help make the Highlands the most dramatic and scenic part of the UK. The City and the greater area boasts the most extensive and diverse tourist trade.

The city offers an unrivalled quality of life providing a pleasant and safe environment in which to live. It is free from the congestion that troubles many cities and the standard of service is high. It’s one of the cleanest and most scenic city environments to be found anywhere in Europe.

Listed by: CCL Property Ltd
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