Bed & Breakfasts for sale in Elgin

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Y. MacGregor (Nov 2017)
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Freehold Price: £549,000
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Business Description
CCL Property are delighted to offer for sale Parrandier, The Old Church of Urquhart. Parrandier dates back to 1843 and has been beautifully converted, maintaining many original features. The Church is a Category B Listed Building due to its outstanding architecture and historical interest. Currently run as a 4 star Bed and Breakfast, the property boasts 5 double bedrooms, a self-contained 2 bedroom apartment and holds planning permission for 3 self-catering lodges. There are easy changes in internal structure of the building possible making Parrandier suitable for a variety of uses which are approved as a full project with planning and listed building consent in place.

Beautifully converted church
Many original features
5 double bedrooms
Self contained apartment with 2 bedrooms
Alcohol licence
Appr. 2 acres of grounds
Full Planning and Listed Building Consent in place to enhance existing conversion by further accommodation and 3 holiday lodges within the grounds
Amazing lifestyle business opportunity
60 miles from Aberdeen and 37 from Inverness
Fixed Price £549,000

The current proprietors have established an enviable reputation evident through the number of inclusions and accolades in various travel publications. The reputation amongst guests is best shown through the envious trip advisor reviews the Parrandier enjoys. The business is exceptionally popular capable of operating at full capacity throughout the summer season and advance bookings and repeat business are commonplace. The rooms are elegant, extremely well furnished each one with a distinct charm and appeal. The guest facilities are also excellent and include a feature lounge and guest bar. The location of the business benefits trade with a number of renowned attractions nearby. Guests are drawn to the area for its rich history, coastal scenery, malt whisky and abundance of outdoor activities available on the doorstep.
The business currently trades beneath the VAT threshold and operates for 6 months of the year. There is great potential to operate the business throughout the year.

Full planning permission and listed building consent for a wide variety of further developments to expand the business which include 3 self-catering lodges and the addition of further letting and reception rooms in The Old Church.

With ample reception space the Old Church offers new owners great flexibility to use the building for a variety of purposes, from guest house, to hotel, self catering accommodation or bistro or restaurant.

Due to a new business opportunity becoming available the owners have reduced the asking price to agree a sale before the 30th June 2018.
Tenure: Freehold

Location Details:
The surrounding countryside offers a variety of outdoor pursuits, including fishing on the world renowned River Spey, shooting and stalking on nearby estates, watersports at Findhorn and Lossiemouth and numerous golf courses. A cultural highlight in the area includes the infamous malt whisky trail which takes much of its barley from the rich lowland farmland surrounding the Elgin area. Urquhart village dates back to 1125 when a Benedictine priory was founded by King David I and is a small attractive village with a few services including a village pub. Elgin, the capital of Moray and Scotland’s smallest city, is only 6 miles to the west and provides a wide variety of services including supermarkets, hotels, restaurants, main line railway station, secondary and further education. Primary schooling is available in the nearby village of Lhanbryde which is 1 mile away. Local services including a pub, village store, village hall and butcher are available in Urquhart and Lhanbryde.

Listed by: CCL Property Ltd

Find out more about this business opportunity.

 
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