Guest Houses for sale in Hawick

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Stunning Guest House With An Enviable Reputation

Hawick, Scottish Borders, Scotland

  • Freehold Price: £424,995  Price Reduced arrow_drop_down
Seller Reference: B04742
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Business Description
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Seller Reference: B04742
Request Details
Business Description
Please quote reference B04742

Hilton Smythe are delighted to welcome to the market this stunning, guest house business with an enviable reputation.

Hopehill Guest House had been trading for over 30 years under the ownership of our clients, but recently hasn’t been trading due to other commitments of the current owners and only now is being offered for sale as it’s our clients desire to retire from the industry.

The business has an excellent reputation with guests for the high-quality service and excellent accommodation, which has resulted in a loyal client base and has given the business a lot of repeat trade and word of mouth referrals resulting in bookings from all four corners.

Hopehill is popular with tourists, golf & wedding parties, walkers, business people, one off weekend breaks and contractors

Over the last few years the guest house itself has been very well maintained and can now be found in great condition throughout.

Turnover is generated by offering 6 letting rooms over the first and second floors. Located On the first floor you will find 3 spacious rooms, with double and single beds, all of these rooms further benefit from having en-suite facilities.

One of the letting rooms benefits from having a feature conservatory sitting room offering views over the town of Hawick and the well-maintained mature gardens. Located on the second floor you will find a further three letting rooms, these rooms comprise two twin rooms and one single.

The rooms on the second floor share a shower room and WC. All rooms are well presented and come with TV and hospitality tray.

The property benefits from substantial owners accommodation in the form of:

• Private lounge with bay window
• Open fire place
• Generous double bedroom
• Shower room
• Extensive dining area
• Kitchen

There is scope to increase turn over with the introduction of online partner booking sites, perhaps national press marketing to attract and grow the weekend break experience.

This is an excellent opportunity for a new owner to take this exciting business opportunity to the next level.

Viewing is highly recommended to fully appreciate.

Hopehill Guest House is located within the Scottish Borders town of Hawick, benefiting from a prime hilltop location overlooking the town.

The town of Hawick is the largest of the border towns with a population of over 14,000. It lies in the valley of Teviot and is renowned for quality knitwear with companies such as Hawick Cashmere, Lyle & Scott and Pringle of Scotland, some of which still have manufacturing plants within the town itself.

Hawick further benefits from a wide range of facilities and professional services. The town has both primary and secondary schools along with a good range of shops, sporting and recreational facilities.

For commuters the A7 Edinburgh to Carlisle road passes through the town, with main roads also leading to Berwick upon Tweed and Newcastle upon Tyne.

The nearest major airports are at Edinburgh, 57 miles away, and Newcastle, 55 miles away

Hopehill Guest House is located in a substantial, beautifully presented period property that has been tastefully refurbished to a good standard whilst retaining many of the attractive period features, with the guest rooms, en-suites, and bathrooms finished to a tasteful standard.

The Accommodation comprises

Ground Floor

• Grand entrance hallway
• Feature stair case
• Log burner
• Access to ground floor accommodation
• Owners lounge
• Double bedroom
• Shower room
• Large well-appointed dining kitchen with modern appliances & feature Aga
• Laundry room
• Toilet facilities

First Floor

3 spacious family rooms with a mixture of double and single beds. All 3 rooms having en-suite facilities and one of the rooms featuring an impressive conservatory sitting room with spectacular views over the garden and the town.

Second Floor

Located on the second floor are a further 3 letting rooms, made up of two twin rooms and one single, with these rooms sharing a shower room and W/C

The business further benefits from:

• Gas heating
• Partial double glazing
• Laundry room
• Large cellar
• Out buildings located to the rear

Externally the property is accessed via a long sweeping driveway leading to an area for visitor parking, with the property sitting in a generous hilltop plot with mature well stocked gardens.

Please note that there has previously been planning permission for 2-3 building plots within the grounds, this has now lapsed, but there is the potential for development subject to local authority planning.

We are advised that tenure is offered on a Freehold basis

All year-round trade is possible

The business was run by a husband & wife team

Financial Profile
The business has not been operational, so no accounts were available, however when trading the business reported a turnover in the region of £35,000 to £40,000 PA

Please quote reference B04742

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