Highly Profitable Inverness City Centre Guest House

  • Price: £690000 (Freehold)
  • Freehold Price: £690000 (Freehold)
Inverness, Highland, Scotland
Seller Ref:1178SAF
For Sale

Highly Profitable Inverness City Centre Guest House

Inverness, Highland, Scotland
Seller Ref:1178SAF
  • Price: £690000 (Freehold)
  • Freehold Price: £690000 (Freehold)

Overview

Seller Ref: 1178SAF

Description

The Coos Guest House, Inverness is an outstanding example of a 3* Victorian period property which dates back to the early 1900s.

Purchased by the current owners in 2018, the property has been tastefully and sympathetically refurbished bringing it up to its current high standard. The refurbishment project included rewiring the property and installing a new heating system. The business is fully compliant with all short-term letting license requirements. Despite the full renovation the property retains many original Victorian features.

This imposing property boasts an outstanding trading location, only a short walk away from the city centre and is close to a range of restaurants, bars and entertainment venues such as Eden Court Theatre.

The business trades to a high level and has been consistently profitable. Many bookings come direct through links with important tour and cycling tour operators. The business has an excellent reputation and benefits from a high level of repeat bookings, this can be evidenced on online review sites such as trip advisor and booking.com. Trading with 9 large, modern en-suite letting bedrooms on a simple bed and breakfast model which provides significant earning potential.

Of particular note is the self-contained and private owner’s accommodation which comprises 3 large family bedrooms, a modern kitchen/diner and a large private family garden with patio which has recently seen refurbishment with new gravel and landscaping work. Externally there is also a large bike shed, outdoor seating area for guests, CCTV cameras and ample parking, something which is quite unique for the area.

  • 9 Ensuite Bedrooms
  • Tourist hotspot, City Centre location 
  • Self-contained 3 bed owners accommodation 
  • Turnover £250k with attractive net profit
  • Recently renovated and refurbished
  • Attractive garden grounds 
  • Large private car park 
Is stock included:
NA

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