Guest Houses for sale in Crieff

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David Binder (Nov 2017)
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Freehold Price: £839,995 Price Reduced Annual Turnover: £400,000
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Business Description
• VisitScotland 4 Star
• 6 En-Suite Letting Bedrooms
• Restaurant (60 Covers)
• Landscaped Gardens

CRIEFF, PERTHSHIRE. Glenearn House.

VisitScotland 4 Star
6 En-Suite Letting Bedrooms
2 Bed Owners Accommodation
Restaurant (60 Covers)
Car Park (30 Spaces)
Landscaped Gardens
Freehold
Offers Over £839,995. Ref 39992.

Glenearn House is an established business, positioned on Perth Road with unrestricted views over the Perthshire hillside within the town of Crieff. Glenearn House is a family-run, award winning restaurant with 6 en-suite letting rooms. The standard achieved at Glenearn House has resulted in the business being rated 4 Star by VisitScotland and number 1 on Trip Advisor. It has also been highly rated on booking.com, 3 consecutive years recommended in Michelin Guide and Scotland the Best. Glenearn House has in recent years benefited from a comprehensive upgrading and refurbishment program that our clients carried out on taking over the property back in 2008. With each room decorated and furnished to a modern standard, our clients have been able to combine tasteful, modern comforts while still retaining and in many cases enhancing many of the period features that are found throughout Glenearn House.

Fairly early on after taking over the property, our clients noted the need to expand the number of covers within the restaurant and embarked on having a Mozolowski and Murray conservatory restaurant added to one side of Glenearn House. Adding a further 20 covers, the conservatory which looks out over a small pond is furnished and benefits from having French doors opening out to the grounds of Glenearn House. An added benefit of the conservatory is that it provides a private dining space.

We have been informed that the restaurant is fully booked 3 weeks in advance at the weekends with the letting rooms almost fully booked for the summer.

The vendors have decided to place Glenearn House on the market due to their wish to spend more time with their young family. The sale of Glenearn House represents an opportunity for an established operator or chef to take over the ownership of a well established business.

Summary. The sale of Glenearn House offers an opportunity to purchase a restaurant with rooms. There is still potential for further growth.
Tenure: Freehold

Listed by: Bruce & Co

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BC39992
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