Guest Houses for sale in Kingussie

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Exceptional 'Turn Key' Business The Hermitage Guest House

Kingussie, Highland, Scotland

  • Freehold Price: £635,000
Seller Reference: PAX0207732587
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Business Description
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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Seller Reference: PAX0207732587
Request Details
Business Description
‘The Hermitage Guest House’ is set in approx. 3/4 of an acre and is located on the edge of the small town of Kingussie within the popular tourist area of The Cairngorm National Park and the wider area of The Scottish Highlands.
The property is ideally placed for all local amenities and the Railway Station.

'The Hermitage' has been run successfully by the current owners since 2010 and operates with the acclaimed Visit Scotland 4 Star Gold Quality award.

This is an ideal lifestyle opportunity for anyone looking to acquire either a large Quality Family Home or a “Turn Key” Guest House Business / Home.

The current owners have undertaken a comprehensive programme of renewal, refurbishment and renovation investing £100K plus with works including:-
• Double-glazed Windows and Doors
• New Breakfast Kitchen
• Log Burners to Sitting Room/Study and Lounge
• New Boiler
• Refitted Utility Room
• New En-Suite Bathroom / Shower Rooms
• Full redecoration throughout the whole house
• Roof repairs to include replacement of all ridges and valleys with one roof having been retiled
• New Double Garage
Viewing is essential to appreciate the scale of work that has gone into this quality home and business.

‘The Hermitage’ has 7 Bedrooms, operating with 5 En-suite letting rooms which can accommodate up to 11 people.
In line with Scottish Fire Regulations the house has a hard wired LD2 fire alarm system which is a requirement under Scottish Law if you accommodate more than 8 guests.

The business has an online presence with its own website which operates a secure online booking facility

In addition to repeat bookings, each year the business attracts a high percentage of new business

The business comes complete with all fixtures and fittings except for the owner’s personal items which will be clarified with the future purchaser.

Owners Accommodation
The owner’s accommodation is located on the ground floor, comprising of: Breakfast Kitchen, Utility Room, Sitting Room/Office, Lounge, Owner’s Main Bedroom, Shower Room with Toilet plus an additional Toilet/Cloakroom. There is a further personal use Bedroom with Private Bathroom on the first floor. The Ground Floor private quarters can be separated from the guest areas by a lockable door

Reason for Sale
The current owners have reached retirement age and are looking to downsize.

Support and Training
Any assistance will be provided for the potential purchaser before, during and after hand over if required.

Other Information
Under current government legislation the business enjoys 100% Business rates relief

Potential to Increase Turnover
There is huge potential to expand the business, currently it is run for 6 months of the year from Easter to the end of September which generates a Turnover of circa 50k per annum with a Gross Margin in excess of 80% and is achieved without advertising through online booking agents. Turnover could easily attain the VAT Threshold of 85k and beyond.

Considerations to Increase Turnover
• Advertising through Airbnb, Booking.com, Expedia, Facebook etc.
• Extend the trading year
• Evening meals.
• Alcohol licence.
• Subject to planning expand the business with Glamping pods, Wigwams, Yurts etc.
Number of employees:
0
Tenure:
Freehold
Is accommodation included?:
Yes
Number of bedrooms:
7
Support and Training:
The owners are prepared to work with the potential purchaser before, during and after hand over if required
Location Details:
‘The Hermitage Guest House’ is located on the edge of the small Town of Kingussie and is ideally placed for all local amenities and Railway Station.
Is this business home based:
Yes
Request Details

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