• Late-Victorian property trading as a budget accommodation-only provider, within an attractive trading location close to the River Ness in Inverness, the capital of the Highlands.
• Simple trading model providing a home and income opportunity enjoying year-round trade, currently being leased out.
• Offering 4 en-suite bedrooms on a room-only basis, there is a dining room which allows for breakfast provision.
• Owner's accommodation includes a large kitchen, lounge, double bedroom and shower room.
• The property has spacious private gardens to the rear laid to mainly lawn.DESCRIPTION
Dating from the early 1900s, Riverbank Bed and Breakfast is a semi-detached stone-built property. Situated about 12-minute walk to the heart of Inverness along the River Ness, this attractive property benefits from a solid trading location. This compact trading entity offers 4 en-suite letting bedrooms, sound private owners' accommodation and ample garden grounds to the rear.
Operating on a budget bed-only basis at present, Riverbank Bed and Breakfast is arranged to provide comfortable and affordable accommodation. This is a well-established business which could provide a solid income and home. The business would suit someone who was keen to run their own business on a lifestyle basis. However due to being leased out by the vendor, no trading figures are available. The property would benefit from a number of upgrades but has some sound potential for further development.REASON FOR SALE
The present owner purchased Riverbank Bed and Breakfast in 2005 and has enjoyed the rewards of trading such a successful business. It is due to his desire to reduce his property portfolio that brings this excellent, easy-to-operate business opportunity onto the market.TRADE
The business generates its income from accommodation-only allocations, offering both short term and weekly room lets. The lack of the need to provide a breakfast service makes this an appealing business for owners with other employment streams or for someone operating at arm's length.
The business is in a popular area where other thriving accommodation businesses operate. The current trading regime utilises a number of portal websites such as VisitScotland and to generate custom. Due to the business being leased, the vendor cannot provide any trading figures.
Inverness is a highly popular tourist destination with many repeat visitors and as such the business should be able to generate a decent income level. Turnover is also generated from business to business trading. During the tourist season, Inverness historically has a shortage of letting accommodation and therefore income levels should be assured during this busy time. The business does not have its own website and this presents a business development opportunity, especially where an automated booking system, e.g. freetobook, is utilised.LOCATION
Riverbank Bed and Breakfast is ideally situated centrally to Inverness city centre, highly convenient for guests wishing to walk to nearby shops, restaurants etc. The business is close to the River Ness offering some excellent walks to the attractive footbridge. Inverness has extensive facilities for visitors boasting two golf courses, an excellent indoor swimming complex, cinema, bowling and ample opportunity to enjoy evening entertainment at a range of venues which include Eden Court Theatre. Nearby Cawdor Castle offers a taste of Scotland's medieval past while Culloden Battlefield and Visitor Centre is an ongoing testament to Bonnie Prince Charlie's final futile attempt to gain the throne in 1746.
Whether it be a Whisky Trail, a boat trip on Loch Ness or a visit to one of the many accessible Scottish castles (including Inverness Castle), the property offers an ideal base, being within easy reach of a wide range of visitor attractions. Inverness is also the start and finish point of the North Coast 500 which draws in a number of visitors to the City. Inverness is also at the northerly end of the Great Glen Way. Benefitting from much expansion over the past few years, Inverness has a full range of social and welfare facilities associated with a modern city. The house is within walking distance to both primary and secondary schools.THE PROPERTY
Riverbank Bed and Breakfast is an attractive 2-storey semi-detached building dating from the early 1900s. Of stone construction under a pitched slate roof. The business has a number of Victorian features which makes this an attractive and affordable purchase. The level of fixtures and fittings are of a basic standard and are included in the sale. Access to the property is via a street level entrance.SERVICE ACCOMMODATIONGround FloorVestibule
The property has two small solid outer storm doors which lead into a small tiled vestibule.Hallway
An appealing hallway is accessed via a charming partially glazed door. From the hall, stairs lead to the first floor. The wooden balustrades are an attractive period feature.Dining Room
The dining room is situated with an attractive bay window to the front aspects. The spacious dining room has some lovely period features.Bedroom 4
This double bedroom has an en-suite shower room.Kitchen
Set to the rear aspects, this spacious kitchen has ample storage with floor and wall mounted units plus a wide range of facilities. A door leads to an extension and to the owner's accommodation.First FloorBedroom 1
This is a single bedroom with an en-suite shower room.Bedroom 2
Set to a twin bedroom, with en-suite shower room.Bedroom 3
Configured to twin beds with an en-suite shower room.Ancillary Rooms
There are 3 former shower rooms / ancillary rooms located to the rear of the property which could be utilised for storage or developed with planning consent.PRIVATE ACCOMMODATION / SERVICE AREAS
The private owner's accommodation is set to a large lounge and a double bedroom plus a family shower room.
The owner's lounge has a small kitchenette area but is connected to the main kitchen, which is of a good size.EXTERNAL
The frontage of the building has direct access to street level. With a small enclosed raised garden bed planted to trees and seasonal plants.
To the rear of the business is a large private garden area that is mainly laid to lawn offering ample recreational space. Parking permits for the main road can be obtained from the Highland Council.SERVICES
The property benefits from mains electricity, water, gas and drainage. Central heating and hot water are gas-fired. The building is fully double glazed. The business has a fire alarm system and is compliant.
Is accommodation included?: