Guest Houses for sale in Galashiels

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Guest Houses - Scottish Borders

Galashiels, Scottish Borders, Scotland

  • Freehold Price: £450,000  Price Reduced arrow_drop_down
  • Annual Turnover: £57,000
Seller Reference: BC47537
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Business Description
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Seller Reference: BC47537
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Business Description
• 6 Letting Bedrooms
• Located beside train and bus station
• Long established business
• Lifestyle business. Highly rated

Long established Guest house in the Borders town Of Galashiels, 6 letting bedrooms offering bed & breakfast, large freehold opportunity. Freehold Ref 47537

Galashiels is one the principal economic and administrative centres which serves the wider Scottish Borders area and is situated on the A7 trunk route approximately 35 miles south of Scotland's capital city Edinburgh. Galashiels provides the principal shopping, social and administrative facilities for
the surrounding area and is in effect the principal population centre for the region with an estimated population of some 15,000. The town is renowned for textile making and is home to the Herriot-Watt University's School of Textiles and Design.

Galashiels and the wider Borders region has benefitted from the opening of The Borders Railway Line in September 2015 with trains running to the capital city of Edinburgh every 30 minutes throughout the day with journey times under an hour making Galashiels a popular commuting location.

The Monorene is a traditional Guest House set in the heart of Galashiels beside the bus station and the train station. There is a total of 6 letting bedrooms - four bedrooms with en-suite shower rooms and two standard rooms with vanity areas & shared bathroom. Attractive breakfast / dining room with 12 covers & serving area. Large rear kitchen / preparation area / office. The owners operate all year trading B & B basis only with some additional scope to extend the services on offer and a possible extension to the trading year and consequent enhanced income.

The owner’s accommodation benefits from large lounge, ensuite double bedroom with extensive hallway storage area & cupboards.

Summary. Highly rated long established guest house in the Scottish Borders.
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