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High Turnover Guest House Located In St Andrews For Sale

St Andrews, Fife
Asking Price:
£925,000 Furniture / Fixtures included
Sales Revenue:
£100K - £200K
Cash Flow:
Available on request

Extended property

. Prime trading location on Murray Park, yards from the world famous Old Course

. Delightful 4 Star operation offering 8 en-suite letting bedrooms

. Fully refurbished property which has recently in 2019 been extended to the rear

. Boasting six figure turnover with a highly impressive EBITDA

. Situated in arguably one of the finest locations for this type of business in Scotland.

Property Information

Property:

Freehold

Location:

Offering 8 high quality en-suite letting bedrooms, The traditional townhouse property sits on Murray Park within St. Andrews. Known as arguably one of the best addresses for this type of business within the country, Murray Park lies only a few hundred yards from The Home of Golf, St Andrews Old Course.

Premises Details:

Housed over ground level with two upper floors and extended to the rear of the house, the period property sits on a prime, highly visible trading position on Murray Park with an open outlook over the junction with Murray place. The terraced property consists of: vestibule, reception hallway, breakfast/dining room and 8 en-suite letting bedrooms.
Private accommodation: While at present the property is set up to maximize letting bedrooms within the house, it should be noted that if required, new owners would have the option of perhaps utilizing the large front facing room on the first floor as a private lounge/bedroom. Ancillary areas: fully fitted kitchen, office & laundry room plus golf bag storage area. CCTV is installed within the property with flat screen monitors housed within the kitchen and office areas. A small enclosed external area is found to the rear of the property. Gas central heating system with double glazing throughout.

LETTING ROOMS
Nethan Guest House offers 8 en-suite letting bedrooms all of which are appointed to a high scoring 4 star status. The bedrooms vary from Doubles, Twins and spacious Family Rooms. Each of the bedrooms offer large showers, heated towel rails and hairdryers. Tea & Coffee making facilities are available in every guest room along with a silent running fridge. Wi-Fi is available in each of the bedrooms and throughout the house.

Contact Information

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