House For Sale £900,000
PROFITABLE GUEST HOUSE IN PETERHEAD ABERDEENSHIRE FOR SALE
11 Merchant Street, Peterhead, AB42 1BU
Asking Price:
£900,000
Turnover:
£200000
Net Profit: Available on request
Fantastic business opportunity with Freehold
Substantial Property Comprising of 8 self contained Properties
Thriving Business
Presented to a good Standard
Harbour side/Town centre Location
29Letting Rooms
Separate Owners Accommodation
Scope to Increase Turnover
Andrea Mair & Lee-Ann low of RE/MAX Coast & country are delighted to bring to you this exceptional opportunity to acquire this highly successful and long established Guest House, presented to a very good standard and offering the benefit of a separate detached owners property, which is currently let out to provide additional income. Situated in the town centre near the harbour of the affluent town of Peterhead, it provides an ideal base for Oil and Gas workers located at the harbour and St Fergus Gas terminal and Fishing industry works, it is also benefiting from the large influx of Renewable industry work force, of which Peterhead has become a North Of Scotland Hub.
The area continues to grow significantly bringing with its many visitors and with the imminent construction of the construction at the power station, demand for rooms is only expected to increase further. Given the standard the property is presented in, meaning little, if any, capital outlay is needed once acquired, as well as the flexibility to use the owners accommodation either personally or to provide further turnover, means this is a very interesting proposition with viewing highly recommended if you are a serious proceed-able buyer.
Description
Browns Guest House is arranged within part two-storey and part three storey The main walls are of solid granite stonework, pointed externally. In addition, there are a variety of extensions to the side and rear. The premises include a large house to the that could be used as owners accommodation. Operating from seven charming, individual and self-contained properties in the historic coastal town of Peterhead in north east Scotland, this long established "Booking.com" and “TripAdvisor” highly rated guest house currently primarily provides comfortable and affordable room-only and self-catering sized accommodation, both in its twenty nine well furnished single, double, twin and family-sized letting rooms and in two smart self-contained studio apartments.
“Brown’s Guest House” also boasts extremely well fitted communal kitchen and bathroom facilities and operates from premises of a size which would naturally furnish any enthusiastic purchaser with continued growth, not least with regard to possible investment in additional en-suite facilities and to the possible provision of in-house catering services. The business would also benefit greatly by adopting a more vigorous marketing policy of its excellent existing facilities and services, particularly with reference to the possible introduction of online advertising and to further development of its social media presence. In order to improve upon the already high levels of turnover it has achieved since being established in its present form in 1993 by the current proprietor
Most rooms at the Brown's Guest House come with tea & coffee-making facilities,Towels and toiletries, In addition, some of the 29 rooms have en-suite bathroom and have a flat-screen TV,There are kitchens in every unit and a variety of storage areas. Peterhead Town Trail is 380 yards from the property, with Arbuthnot museum located 410 yards away. Past bookers have rated the Brown's at 8.4/10 based on 163 fully verified reviews on Booking.com.
All rooms have access to communal kitchen facilities. Aberdeen is 29 miles from Brown’s Guest House, while Dyce is 27 miles from the property. Aberdeen Airport is 28 miles away.
The business itself
The business has operated for many years as a successful Guest House, with the current owners having taken over more than 30 years ago. In that time they have extended, modernised and refreshed the property accommodation on offer. It is no surprise that they have a large fiscal turn over for their efforts and a new buyer will be able to come in and continue to reap the benefits of this.
Premises
We are advised by the vendor that all regulatory matters are up to date including the fire risk assessment and electrical inspection, which together with the standard of property on offer means this is very much a turn-key operation.
For the benefit of the goodwill, fixtures, fittings and equipment. Stock payable in addition on completion at valuation. This is a business for sale as a going concern.
Viewing
Strictly by appointment only, please call us to make an appointment on[use Contact Agent Button].
The premises, therefore, fall below the Rateable Value threshold of £15,000. There are no current rates payable.
11 Merchant Street
The business currently operates from eight charming and well maintained individual self contained properties in Peterhead, the accommodation of which is arranged as follows;
This TWO STOREY freehold property provides “Tripadvisor” highly rated internal accommodation which, to the GROUND FLOOR, briefly comprises the main public entrance into a welcoming reception area with access to letting rooms which comprise –
1 x single room with fully fitted private en-suite facilities
1 x standard double room
2 x standard twin bedded rooms
1 x standard family sized room
Further ancillary accommodation to the ground floor consists of a fully fitted communal kitchen for self-catering purposes, in addition to a fully fitted communal bathroom/WC for the use of the non en-suite rooms.
In the FIRST FLOOR a landing area affords access to further well-furnished guest accommodation, which comprise –
2 x singe rooms with fully fitted private en-suite facilities
1 x standard single room
1 x standard twin-bedded room
2 x standard family sized rooms
The property also enjoys the benefit of mains gas and electricity power supplies. In addition to the added safety and security benefits of the full fire and intruder systems,
Externally
To the exterior the property incorporates well maintained private service yard
10 Narrow Lane Peterhead
This well maintained Two Storey freehold property provides further excellent guest accommodation, which to the ground floor comprises the main public entrance into a welcoming reception leading to guest accommodation which
1 x Standard Twin bedded room
1 x large comfort twin bedded room
Further ancillary guest accommodation to the ground floor consists of a fully fitted communal kitchen for self carting purposes, i
To the FIRST FLOOR a landing area affords access to further well furnished guest accommodation which
2 x comfort double rooms
Further ancillary guest accommodation consists of a fully fitted communal shower room. Also
Fully fitted bathroom with shower and bath
Top floor
1 x large family room
1 x single room
1 x twin room
The property also enjoys the benefit of mains gas and electricity power supplies, in addition to the added safety and security benefits of full fire and intruder alarm system.
18 St Andrews Street, Peterhead
This well maintained SINGLE STOREY freehold property provides attractively presented internal accommodation which, to the GROUND FLOOR briefly comprises the main public entrance into a welcoming reception hallway leading to guest accommodation consisting of –
2 x standards single room
1 x standard twin-bedded room
Further ancillary guest accommodation to the ground floor consists of a fully fitted communal kitchen for self-catering purposes, in addition to a fully fitted communal bathroom/WC.
The property also enjoys the benefit of electric heating, in addition to the added safety and security benefits of full fire and intruder alarm systems.
Externally:
To the exterior the premises incorporate a useful private yard area.
20 St Andrews Street, Peterhead
This well maintained TWO STOREY freehold property provides attractively presented internal accommodation which, to the GROUND FLOOR briefly comprises the main public entrance into a welcoming reception hallway leading to guest accommodation consisting of
1 x single room
1 x twin room
Further ancillary guest accommodation to the ground floor consists of a fully fitted communal kitchen for self-catering purposes, in addition to a fully fitted communal bathroom/WC.
To the FIRST FLOOR a landing area affords access to further attractively furnished and presented guest accommodation, which comprises –
2 x standard twin-bedded room
The property also enjoys the benefit of electric heating, in addition to the added safety and security benefits of full fire and intruder alarm systems.
Externally:
To the exterior the premises incorporate a useful private yard area.
20A St Andrews Street, Peterhead
This freehold studio apartment provides further excellent guest accommodation, which consists of the main entrance into a welcoming reception hallway leading to a large open-plan sitting room/bedroom with fully fitted integral domestic kitchen area and a separate fully fitted bathroom/WC.
The property also enjoys the benefit of electric heating, in addition to the added safety and security benefits of full fire and intruder alarm system.
Externally
To the exterior the property incorporates a useful private service area.
22 St Andrews Street, Peterhead
The second studio freehold studio apartment provides further excellent guest accommodation, which consists of the main entrance into a welcoming reception hallway leading to a large open-plan sitting room/bedroom with fully fitted integral domestic kitchen area and a separate fully fitted bathroom/WC.
The property also enjoys the benefit of electric heating, in addition to the added safety and security benefits of full fire and intruder alarm system.
Externally
To the exterior the property incorporates a useful private service area.
22A St Andrews Street, Peterhead
This well maintained TWO STOREY freehold property provides attractively presented and “TripAdvisor” highly rated internal accommodation which, to the GROUND FLOOR briefly comprises the main public entrance into a welcoming reception hallway leading to guest accommodation consisting of –
1 x standard family sized room.
1 x single room
1 x twin room
Further ancillary guest accommodation to the ground floor consists of a fully fitted communal kitchen for self-catering purposes, and bathroom with bath and shower
The property also enjoys the benefit of electric heating, in addition to the added safety and security benefits of full fire and intruder alarm systems.
Externally:
To the exterior the premises incorporate a useful private yard area.
FIXTURES & FITTINGS
The business is well fitted throughout and a valuable inventory of equipment is to be included in the sale price.
FINANCIAL Information
• Annual Turnover: £200000
• Weekly Turnover: £4000
These particulars do not constitute any part of an offer or contract. All statements contained therein, while believed to be correct, are not guaranteed. All measurements are approximate. Intending purchasers must satisfy themselves by inspection or otherwise, as to the accuracy of each of the statements contained in these particulars.
Council Tax Band: G
Tenure: Freehold
11 Merchant Street, Peterhead, AB42 1BU
Asking Price:
£900,000
Turnover:
£200000
Net Profit: Available on request
Fantastic business opportunity with Freehold
Substantial Property Comprising of 8 self contained Properties
Thriving Business
Presented to a good Standard
Harbour side/Town centre Location
29Letting Rooms
Separate Owners Accommodation
Scope to Increase Turnover
Andrea Mair & Lee-Ann low of RE/MAX Coast & country are delighted to bring to you this exceptional opportunity to acquire this highly successful and long established Guest House, presented to a very good standard and offering the benefit of a separate detached owners property, which is currently let out to provide additional income. Situated in the town centre near the harbour of the affluent town of Peterhead, it provides an ideal base for Oil and Gas workers located at the harbour and St Fergus Gas terminal and Fishing industry works, it is also benefiting from the large influx of Renewable industry work force, of which Peterhead has become a North Of Scotland Hub.
The area continues to grow significantly bringing with its many visitors and with the imminent construction of the construction at the power station, demand for rooms is only expected to increase further. Given the standard the property is presented in, meaning little, if any, capital outlay is needed once acquired, as well as the flexibility to use the owners accommodation either personally or to provide further turnover, means this is a very interesting proposition with viewing highly recommended if you are a serious proceed-able buyer.
Description
Browns Guest House is arranged within part two-storey and part three storey The main walls are of solid granite stonework, pointed externally. In addition, there are a variety of extensions to the side and rear. The premises include a large house to the that could be used as owners accommodation. Operating from seven charming, individual and self-contained properties in the historic coastal town of Peterhead in north east Scotland, this long established "Booking.com" and “TripAdvisor” highly rated guest house currently primarily provides comfortable and affordable room-only and self-catering sized accommodation, both in its twenty nine well furnished single, double, twin and family-sized letting rooms and in two smart self-contained studio apartments.
“Brown’s Guest House” also boasts extremely well fitted communal kitchen and bathroom facilities and operates from premises of a size which would naturally furnish any enthusiastic purchaser with continued growth, not least with regard to possible investment in additional en-suite facilities and to the possible provision of in-house catering services. The business would also benefit greatly by adopting a more vigorous marketing policy of its excellent existing facilities and services, particularly with reference to the possible introduction of online advertising and to further development of its social media presence. In order to improve upon the already high levels of turnover it has achieved since being established in its present form in 1993 by the current proprietor
Most rooms at the Brown's Guest House come with tea & coffee-making facilities,Towels and toiletries, In addition, some of the 29 rooms have en-suite bathroom and have a flat-screen TV,There are kitchens in every unit and a variety of storage areas. Peterhead Town Trail is 380 yards from the property, with Arbuthnot museum located 410 yards away. Past bookers have rated the Brown's at 8.4/10 based on 163 fully verified reviews on Booking.com.
All rooms have access to communal kitchen facilities. Aberdeen is 29 miles from Brown’s Guest House, while Dyce is 27 miles from the property. Aberdeen Airport is 28 miles away.
The business itself
The business has operated for many years as a successful Guest House, with the current owners having taken over more than 30 years ago. In that time they have extended, modernised and refreshed the property accommodation on offer. It is no surprise that they have a large fiscal turn over for their efforts and a new buyer will be able to come in and continue to reap the benefits of this.
Premises
We are advised by the vendor that all regulatory matters are up to date including the fire risk assessment and electrical inspection, which together with the standard of property on offer means this is very much a turn-key operation.
For the benefit of the goodwill, fixtures, fittings and equipment. Stock payable in addition on completion at valuation. This is a business for sale as a going concern.
Viewing
Strictly by appointment only, please call us to make an appointment on[use Contact Agent Button].
The premises, therefore, fall below the Rateable Value threshold of £15,000. There are no current rates payable.
11 Merchant Street
The business currently operates from eight charming and well maintained individual self contained properties in Peterhead, the accommodation of which is arranged as follows;
This TWO STOREY freehold property provides “Tripadvisor” highly rated internal accommodation which, to the GROUND FLOOR, briefly comprises the main public entrance into a welcoming reception area with access to letting rooms which comprise –
1 x single room with fully fitted private en-suite facilities
1 x standard double room
2 x standard twin bedded rooms
1 x standard family sized room
Further ancillary accommodation to the ground floor consists of a fully fitted communal kitchen for self-catering purposes, in addition to a fully fitted communal bathroom/WC for the use of the non en-suite rooms.
In the FIRST FLOOR a landing area affords access to further well-furnished guest accommodation, which comprise –
2 x singe rooms with fully fitted private en-suite facilities
1 x standard single room
1 x standard twin-bedded room
2 x standard family sized rooms
The property also enjoys the benefit of mains gas and electricity power supplies. In addition to the added safety and security benefits of the full fire and intruder systems,
Externally
To the exterior the property incorporates well maintained private service yard
10 Narrow Lane Peterhead
This well maintained Two Storey freehold property provides further excellent guest accommodation, which to the ground floor comprises the main public entrance into a welcoming reception leading to guest accommodation which
1 x Standard Twin bedded room
1 x large comfort twin bedded room
Further ancillary guest accommodation to the ground floor consists of a fully fitted communal kitchen for self carting purposes, i
To the FIRST FLOOR a landing area affords access to further well furnished guest accommodation which
2 x comfort double rooms
Further ancillary guest accommodation consists of a fully fitted communal shower room. Also
Fully fitted bathroom with shower and bath
Top floor
1 x large family room
1 x single room
1 x twin room
The property also enjoys the benefit of mains gas and electricity power supplies, in addition to the added safety and security benefits of full fire and intruder alarm system.
18 St Andrews Street, Peterhead
This well maintained SINGLE STOREY freehold property provides attractively presented internal accommodation which, to the GROUND FLOOR briefly comprises the main public entrance into a welcoming reception hallway leading to guest accommodation consisting of –
2 x standards single room
1 x standard twin-bedded room
Further ancillary guest accommodation to the ground floor consists of a fully fitted communal kitchen for self-catering purposes, in addition to a fully fitted communal bathroom/WC.
The property also enjoys the benefit of electric heating, in addition to the added safety and security benefits of full fire and intruder alarm systems.
Externally:
To the exterior the premises incorporate a useful private yard area.
20 St Andrews Street, Peterhead
This well maintained TWO STOREY freehold property provides attractively presented internal accommodation which, to the GROUND FLOOR briefly comprises the main public entrance into a welcoming reception hallway leading to guest accommodation consisting of
1 x single room
1 x twin room
Further ancillary guest accommodation to the ground floor consists of a fully fitted communal kitchen for self-catering purposes, in addition to a fully fitted communal bathroom/WC.
To the FIRST FLOOR a landing area affords access to further attractively furnished and presented guest accommodation, which comprises –
2 x standard twin-bedded room
The property also enjoys the benefit of electric heating, in addition to the added safety and security benefits of full fire and intruder alarm systems.
Externally:
To the exterior the premises incorporate a useful private yard area.
20A St Andrews Street, Peterhead
This freehold studio apartment provides further excellent guest accommodation, which consists of the main entrance into a welcoming reception hallway leading to a large open-plan sitting room/bedroom with fully fitted integral domestic kitchen area and a separate fully fitted bathroom/WC.
The property also enjoys the benefit of electric heating, in addition to the added safety and security benefits of full fire and intruder alarm system.
Externally
To the exterior the property incorporates a useful private service area.
22 St Andrews Street, Peterhead
The second studio freehold studio apartment provides further excellent guest accommodation, which consists of the main entrance into a welcoming reception hallway leading to a large open-plan sitting room/bedroom with fully fitted integral domestic kitchen area and a separate fully fitted bathroom/WC.
The property also enjoys the benefit of electric heating, in addition to the added safety and security benefits of full fire and intruder alarm system.
Externally
To the exterior the property incorporates a useful private service area.
22A St Andrews Street, Peterhead
This well maintained TWO STOREY freehold property provides attractively presented and “TripAdvisor” highly rated internal accommodation which, to the GROUND FLOOR briefly comprises the main public entrance into a welcoming reception hallway leading to guest accommodation consisting of –
1 x standard family sized room.
1 x single room
1 x twin room
Further ancillary guest accommodation to the ground floor consists of a fully fitted communal kitchen for self-catering purposes, and bathroom with bath and shower
The property also enjoys the benefit of electric heating, in addition to the added safety and security benefits of full fire and intruder alarm systems.
Externally:
To the exterior the premises incorporate a useful private yard area.
FIXTURES & FITTINGS
The business is well fitted throughout and a valuable inventory of equipment is to be included in the sale price.
FINANCIAL Information
• Annual Turnover: £200000
• Weekly Turnover: £4000
These particulars do not constitute any part of an offer or contract. All statements contained therein, while believed to be correct, are not guaranteed. All measurements are approximate. Intending purchasers must satisfy themselves by inspection or otherwise, as to the accuracy of each of the statements contained in these particulars.
Council Tax Band: G
Tenure: Freehold
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