Kenneth Street, Inverness, IV3

Built in 1893, Cedar Villa is an attractive semi-detached Victorian Villa constructed from traditional sandstone. It occupies a prominent position on Kenneth Street in Inverness, a 5-minute walk from the city centre, in a great trading position to capture passing trade from passing tourists going to Loch Ness and onwards to Fort William. Operating all year round, this 6-bedroom guest house offers warm and welcoming accommodation mainly to tourists in the summer and longer stay contractors in the winter. With a wealth of original features, viewing is highly recommended to truly appreciate the potential and the lifestyle opportunity that Cedar Villa has to offer.

Cedar Villa occupies a great trading position on Kenneth Street, which connects to the busy A82 tourist route, and offers excellent visibility and frontage. The surrounding area has further commercial uses and a number of residential dwellings, with a number of additional attractive Victorian buildings. Inverness is commonly regarded as both the commercial and tourist capital of the Highlands and provides a great range of amenities, shopping facilities and leisure services for tourists and locals alike. The city centre can be reached in 5 minutes. There is a global market for tourism in Inverness and the surrounding Highlands and as such many visitors seek accommodation within the city. Attractions on offer in the region include the Whisky Trail, Loch Ness and many historical points of interest. Perhaps the most enticing feature for the global tourism trade is the exceptional scenery on offer in the surrounding area, ranging from sandy beaches to striking mountains and lochs. Transport options are excellent, with Inverness having a central railway station offering direct transport across Scotland and a dedicated sleeper service to London. Inverness airport 8 miles to the north-east of Inverness offers a number of domestic and European flights, whilst the A82 and A9 both offer direct routes to the North and South.

Trading Figures

The business trades profitably all year round. There is also a great opportunity to increase revenues by serving evening meals, obtaining an alcohol licence, and undertaking a specific marketing campaign. The business currently trades beneath the VAT threshold. Full trading figures will be available after formal viewing has taken place.

Summary

The sale of Cedar Villa is a wonderful opportunity to purchase a long-established bed and breakfast business a short walk from the centre of Inverness in the heart of the Highland tourist trail. It benefits from all-year-round trade, with a mixed clientele, and is offered in true walk-in fashion. It is an easily managed business that is ideal for a husband and wife team.

Services

The property has mains water, drainage and electricity. It is fitted with a combi boiler and gas central heating.

Tenure

The property is held on the Scottish equivalent of Freehold.

Price

Offers in the Region of £475,000 are sought for the heritable property, fixtures, fittings and goodwill of the business. Items of a personal nature are to be excluded from the sale.