Guest House for sale, St. Andrews

  • Freehold Price: £1,500,000
St Andrews, Fife, Scotland
Seller Ref:Annandas551
For Sale

Guest House for sale, St. Andrews

St Andrews, Fife, Scotland
Seller Ref:Annandas551
  • Freehold Price: £1,500,000

Overview

Seller Ref: Annandas551

Description

Truly exceptional guest House operation located within the heart of St. Andrews. Comprehensively upgraded traditional 7-bedroom townhouse property. Prime trading location on Murray Park and only 200 meters from the Old Course. Beautifully appointed throughout with 7 en-suite bedrooms, breakfast room, owners’ accommodation. Impressive levels of income with high net profits. Recent home report value for bricks and mortar alone of £1.25 M. Exciting investment opportunity located within one of Scotland’s most desirable locations. Retirement sale.

23 Murray Park, St. Andrews, Fife, KY16 9AW. Scotland.

Annandale Guest House: A Prime Investment Opportunity in
St Andrews.

Scottish Business Centre is proud to present an exciting opportunity to invest in the highly desirable St. Andrews hospitality market. The exceptional 4 star, 7-bedroom Annandale Guest House, which is located in Murray Park within the heart of St Andrews, has recently undergone a comprehensive refurbishment programme to provide guests with an unparalleled experience.

The property boasts seven well-appointed bedrooms, each exquisitely designed with contemporary décor, modern furnishings, and state-of-the-art amenities. Attention to detail is evident throughout, from the plush carpets and elegant light fixtures to the stylish en-suite bathrooms featuring high-quality fittings.

Located in arguably one of the finest trading locations within the country for a high standard guesthouse business and only 200 meters from the world-famous Old Course, Annandale Guest House is positioned in a most enviable trading location which is best placed to capitalise on the highly successful St. Andrews accommodation market.

St. Andrews is a picturesque coastal town situated in the Fife region of Scotland, renowned for its rich history, stunning landscapes, and world-class golf courses. With a population of approximately 17,000 residents, St. Andrews offers a perfect blend of small-town charm and modern amenities. Population and Demographics. St. Andrews has a diverse and vibrant population, with a mix of local residents, students, and tourists. The town is home to the esteemed University of St. Andrews, which boasts an enrolment of around 10,000 students. This academic community contributes to the town’s cultural and intellectual atmosphere, drawing students and academics from all over the world.

Industries. The main industries in and around St. Andrews include education, tourism, and agriculture. The University of St. Andrews is a significant employer in the area, providing education and research opportunities. Tourism plays a vital role in the local economy, with visitors flocking to the town for its golf courses, historic sites, and pristine beaches. Lastly, the surrounding countryside supports a thriving agricultural sector, with local farms producing crops and livestock. Travel and Transport Links. St. Andrews is easily accessible by various modes of transportation. The nearest major airport is Edinburgh Airport, which is approximately 50 miles away and offers domestic and international flights. Leuchars Railway Station, just 5 miles from St. Andrews, connects the town to the UK’s rail network, allowing for convenient travel to major cities such as Edinburgh, Glasgow, and London. Additionally, bus and coach services link St. Andrews to nearby towns and cities. For those driving, the town is connected to the A91 and A915 roads, providing easy access to Scotland’s road network.

St. Andrews is a highly desirable coastal location both to live and work with a diverse population, thriving industries, and exceptional hospitality and accommodation opportunities. The convenient travel and transport links make it an attractive destination for tourists and business travellers alike. With its rich history, stunning landscapes, and world-class golf courses, St. Andrews continues to captivate visitors and locals, fostering a vibrant community and flourishing local economy. In addition, full time residents of St. Andrews are eligible to apply for a Links Ticket which gives playing rights on all of the golf courses for a modest annual fee.

Since taking over the business, our clients have invested heavily in upgrading and redeveloping the property and the result is exceptional. Boasting rave reviews, high levels of repeat and referral trade, the business enjoys impressive occupancy levels throughout the season from a wide market that sees visitors travelling from far and wide. With the high standard of accommodation on offer, prime location and with the attention to detail and quality of service offered by our clients, the vendors of Annandale Guest House enjoy impressive trading levels with strong room rates achieved year on year.

The exceptional trading income which continues to grow has resulted in impressive net profits that are set to grow over the coming trading year. The Annandale Guest House’s reputation for excellence has translated into exceptional trading levels, making it an attractive investment opportunity. With high occupancy rates and a loyal customer base, the business has demonstrated strong and consistent financial performance. The guest house also benefits from a robust online presence, with glowing reviews, ensuring a steady flow of further new and repeat guests.

The Annandale Guest House’s prime location and exceptional trading levels contribute to its high freehold value. As a freehold property, a new owner will have full control over the asset, providing a unique opportunity for long-term capital appreciation. With a recent home report value for the bricks & mortar alone of £1.25 Million, plus its recent refurbishment, exceptional financial performance, and prime trading location, Annandale Guest House is an investment opportunity that will appeal to a wide range of buyers from local and international investors. Please note that a non-disclosure agreement will be required to be signed before sensitive trading information will be released. Proof of funding will be required from all offerors within 14 days of a formal offer to purchase being received.

Contact Scottish Business Centre to learn more about this outstanding guest house and seize the opportunity to acquire a true gem in the heart of St Andrews. Early viewing is recommended to avoid disappointment. The business is being offered for sale due to our client’s wish to retire.

The Property.

Housed at number 23 Murray Park within St Andrews, the substantial sandstone town house property which dates back to 1895, is laid out over ground level with two upper floors and consists of: vestibule, reception hallway, breakfast/dining room and 7 en-suite letting bedrooms. All rooms are equipped with flat screen TVs, heated towel rails, complimentary tea, coffee & biscuits, bathroom toiletries, hairdryer & Netflix. Private accommodation: Double en-suite bedroom, kitchen, office with w.c., golf club locker room. Private enclosed gardens are found to the rear of the property. On street metered car parking is available to the front of the property. Services: The property has mains water, gas central heating, mains electricity and drainage.

Number of Bedrooms:
7
Location Details:
Located in arguably one of the finest trading locations within the country for a high standard guesthouse business and only 200 meters from the world-famous Old Course, Annandale Guest House is positioned in a most enviable trading location which is best placed to capitalise on the highly successful St. Andrews accommodation market. St. Andrews is a picturesque coastal town situated in the Fife region of Scotland, renowned for its rich history, stunning landscapes, and world-class golf courses. With a population of approximately 17,000 residents, St. Andrews offers a perfect blend of small-town charm and modern amenities. Population and Demographics. St. Andrews has a diverse and vibrant population, with a mix of local residents, students, and tourists. The town is home to the esteemed University of St. Andrews, which boasts an enrolment of around 10,000 students. This academic community contributes to the town’s cultural and intellectual atmosphere, drawing students and academics from all over the world.
Is this business relocatable:
No
Is this business home based:
Yes
Is accommodation included:
Yes
Is this In administrative/receivership:
No
Is stock included:
Stock at valuation
Website address:
https://scottishbusinesscentre.com/property/annandale-guest-house-2/

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