Forth Bay Guest House, Promenade, Leven, Scotland, KY8 4HZ

An excellent opportunity to acquire a profitable lifestyle business located in the seaside town of Leven. Our client has decided to focus on other business interests full-time which presents a great opportunity for an ingoing purchaser to develop an already successful business. Our client has invested heavily within the property and it will therefore not require any capex for the foreseeable future.

The property is situated on the seafront of Leven, just yards from the first tee of Leven Links Golf Club and on the fife coastal path. St Andrews is around 16 miles to the east with Edinburgh being around 38 miles to the south. Leven is a thriving seaside town on the east coast of Fife, well known for it's sandy beaches, golf courses and family friendly visitor attractions.

The town is located between the picturesque fishing villages of the East Neuk and the main towns of Kirkcaldy and Glenrothes, proving popular for staycations and is highly regarded as an outstanding seaside holiday resort. Leven has good shopping facilities a busy pedestrianised thoroughfare.

The local Authorities have also committed to the re-opening of the disused rail line between the Thornton junction and Leven, this will provide new passenger rail services to connect the town of Leven with Fife, Edinburgh and the wider rail network.

There are seven ensuite letting rooms over three floors, which consist of double rooms, family rooms and twin rooms. Situated on the ground floor is small dining room, private modern kitchen, bathroom, laundry and customer toilet.

A communal lounge is situated on the first floor and offers breath-taking sea views.

All fixtures & fittings are included within the sale (excluding any personal items).

A semi detached three storey property with a pitched and slated roof, the property benefits from the use of a private front and back garden. On-street parking is available free of charge on a first come first served basis, a private driveway for two cars is also included.

The owner's accommodation consists of a large double room on the ground floor, private kitchen and bathroom.

Our client has owned the business for five years and is now reluctantly selling to focus on other business interests. The property has received significant investment over the years and would not require any immediate capex to grow the business further. The business trades at almost 95% occupancy throughout the season with the majority of guests booking through our clients website booking.com and Airbnb.

The Forth Bay Guest House has built up a great reputation over the years and boasts outstanding reviews on TripAdvisor and Google, they also achieved a 'superb' rating on Booking,com with an overall score of 9.1.

Full trading accounts will be made available to interested parties after a formal viewing.

Freehold

According to the Scottish Assessors website, the Rateable Value is £5,780 and therefore our client qualifies for 100% discount under the 'Small Business Rates Relief' scheme.