Guest Houses for sale in Oban

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Y. MacGregor (Nov 2017)
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Freehold Price: £1,100,000
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Business Description
A wonderful opportunity has arisen to purchase Greystones, a beautifully restored 19th Century Baronial house that has been converted into a luxurious Guest House that occupies a prominent and elevated position within the charming town of Oban. The property benefits from stunning panoramic views across Oban bay. The thriving town is a prime tourist destination known as the Seafood Capital of Scotland and Gateway to the Isles, offering an array of attractions locally and transport connections to the Inner Hebrides. This impressive property has been tastefully refurbished to the highest standard combining period features with elegant contemporary décor and is exceptionally well presented throughout. With 5 en-suite letting rooms there is great potential to expand revenue with the introduction of 4 additional en-suite rooms that have yet to be refurbished. It has an excellent reputation and has the advantage of much repeat business. Viewing is highly recommended to appreciate the opportunity that the sale of Greystones has to offer.

19th Century Baronial Home
4 star accommodation
Tastefully refurbished
9 en-suite letting rooms
Elevated position with stunning views
Private mature garden
Prime tourist location
Excellent reviews
Well-equipped kitchen
Parking for 7 cars
Grade B Listing
Exceptional 2 Bed owners’ accommodation
Offers Over £1,100,000

Greystones is a wonderful boutique bed and breakfast offering luxurious accommodation, trading from mid-February to the end of October annually with peak season running from the beginning of May until the end of September. Occupancy numbers during this time typical level in the region of 99% with annual averages for the 9-month trading period levelling at 65%. New owners could easily extend the operating period as there is demand all year round for accommodation.

The business is operated by a husband and wife partnership who undertake all duties without the aid of additional staff. The income is generated from accommodation only with no evening meals currently being offered. Rooms are let on a B&B basis and comprise 5 double en-suite rooms to accommodate 10 guests per night. The rooms are located on the ground and first floors. There is the potential to add an additional 4 letting rooms that are located on the second floor, currently unused by choice of the owners.

Marketing via their own site,, Late Rooms, and a number of online booking sites. Rooms are generally let on multi-night stays.

The hotel benefits from a good mix of new visitors and repeat trade, with a core market of tourists exploring Scotland by car. The town serves as a great base for touring the west coast and the neighbouring islands.
Tenure: Freehold

Location Details:
Greystones is situated in one of the most picturesque locations on the west coast of Scotland. Set in a private enclosed garden the property sits in an elevated position and enjoys stunning panoramic views over the town, harbour, Oban Bay and beyond.

The property is located a short walk from the town centre with its many amenities including excellent award winning restaurants and shops. The small traditional town boasts an extensive tourist trade and hospitality sector, and is a great base to explore the surrounding area and the neighbouring islands of the Inner Hebrides, with stunning scenery, boat trips, walks, wildlife-watching, castles, gardens and numerous outdoor activities all within easy reach. The town is also an important ferry port, acting as the hub for Caledonian McBrayne Ferries to many of the islands of the Inner and Outer Hebrides.

The town is located at the western end of the A85 and is extremely well serviced with good road, rail and ferry networks providing links to Glasgow, Edinburgh and Inverness and respective airports.

Listed by: CCL Property Ltd
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