Bed & Breakfasts for sale in Dundee

This business has been SOLD, however we have a range of similar businesses that are still available below...

Excellent Business Opportunity Guest House in Busy City Centre Location

Dundee, Dundee City, Scotland

  • Leasehold Price: £60,000
  • Sold
Seller Reference: ESA1489
Business Description
Seller Reference: ESA1489
Business Description
Aabalree Guest House
20 Union Street
Dundee
DD1 4BH

Guest House in busy city centre location
14 Letting bedrooms
Residents Dining Room
Owners accommodation comprising lounge, double bedroom and shower room
Energy Performance Rating Band F
Leasehold - Guide Price £60,000

Description
Aabalree Guest House comprises a 14 bedroom B & B contained over the first, second, third and fourth floors of a traditional...
Aabalree Guest House
20 Union Street
Dundee
DD1 4BH

Guest House in busy city centre location
14 Letting bedrooms
Residents Dining Room
Owners accommodation comprising lounge, double bedroom and shower room
Energy Performance Rating Band F
Leasehold - Guide Price £60,000

Description
Aabalree Guest House comprises a 14 bedroom B & B contained over the first, second, third and fourth floors of a traditional mid terraced stone built four storey and attic building contained under a pitched and slated roof.

Internally, the property is arranged with the owners accommodation, office, kitchen and residents dining room on the first floor with the letting rooms arranged over the second, third and fourth floors. Shower rooms and w/c’s are provided on the second and third floors for guest use.

The guest house is in good decorative order with the main public rooms being bright and well proportioned providing a comfortable and welcoming environment.

The owners accommodation is spacious and comprises a large lounge, double bedroom and shower room.
ACCOMMODATION

We would summarise the accommodation as undernoted:-

First Floor Entrance vestibule, office, kitchen, guest dining room, owner’s accommodation including bedroom, lounge and shower room.

Second Floor 5 letting bedrooms, wc, two shower rooms.

Third Floor 5 lettings bedrooms, wc, two shower rooms.

Fourth Floor 4 letting bedrooms.
Business
Our clients have run the business for the last 10 years building a good reputation among guests as well as receiving excellent reviews on Trip Advisor and booking.com. Our clients are now looking to sell their business interest due to retirement. Income is generated predominantly from tourist trade in the summer months and a combination of tourists, workers and families of students in the winter months.

Our clients have operated the business hands on with part time assistance from one cleaner and operate year round, closing for a short period over Christmas and New Year.

We are advised that the letting bedroom tariffs range from £35 per night for a single room to £100 per night for a family room all of which includes a cooked breakfast. Discounts are provided for longer term stays or if no breakfast is required.

Income is generally in the region of £70,000 per annum. Our clients trade below the VAT threshold through choice, and the business offers excellent potential for a couple or similar to operate hands on and increase trade.

Full financial documentation will be provided to interested parties only after viewing and confirmation of interest.

TRADE INVENTORY

The asking price includes the trade inventory which, we are advised, is owned outright and is not subject to any lease purchase, hire contract or similar finance arrangement.

RATES

Reference to the Assessor’s website has shown that the subjects are entered in the current Valuation Roll at Rateable Value £9,000 and would therefore qualify for 100% rates relief under the small business bonus scheme.
Similar Businesses
  
Excellent 10-Bedroom Guest House Set in Portree for Lease

• Substantial property and stunning 3-Star (VisitScotland) accommodation only business with outstanding views over Portree...

Location: Portree, Highland, Scotland

Search categories: Guest Houses, Bed & Breakfasts, Hotels and Motels, Self Catering, Self Catering/Flats

  

Popular village inn on Isle of Skye

• Located in one of Scotland’s popular islands and is the oldest Inn in Skye • 5 letting rooms all with sea views and...

Location: Isle Of Skye, Highland, Scotland

Search categories: Hotels and Motels, Pubs and Hotel Property, Bed & Breakfasts, Guest Houses, Restaurants

  
EXCEPTIONAL HOTEL/PUBLIC HOUSE -LANCASHIRE

EXCEPTIONAL HOTEL/PUBLIC HOUSE -LANCASHIRE Situated in the historic market town of Clitheroe Genuine reason for sale due to...

Location: Clitheroe, Lancashire, England

Search categories: Bed & Breakfasts, Guest Houses, Hotels and Motels, Public Houses

  • L/H Price: £74,995
  • Annual Turnover: £480,000
  
FULLY LICENSED LEASEHOLD HOTEL ON BLACKPOOL PROMENADE

Long established hotel operating from substantial marine parade premises with 15 en-suite guest rooms & well fitted licensed...

Location: Blackpool, Lancashire, England

Search categories: Bed & Breakfasts, Guest Houses, Hotels and Motels, Tourism Services

  • L/H Price: £69,000 plus SAV
  • Annual Turnover: £86,000
  
Leasehold Promenade Hotel - 10 Beds - All En-Suite

DESCRIPTION: Leasehold Promenade Hotel – 10 En Suite Bedrooms A substantial leasehold Promenade Hotel located opposite South...

Location: Blackpool, Lancashire, England

Search categories: Bed & Breakfasts, Guest Houses, Hotels and Motels

loder imageloder image