Commercial Property for sale

30 James Street - HS1

£475,000

Property Description

Commercial information

  • Business for sale

Key features

  • FREEHOLD AVAILABLE
  • 8 Letting Rooms, 6 EnSuites, 1 Self Catering Chalet
  • Good Turnover and Profits
  • Plans Available For Loft Conversion

Full description

Tenure: Freehold

Situation
The Park Guest House is located in Stornoway, the principal town on the Isle of Lewis in the Western Isles of Scotland. You can get to the business from mainland Scotland via a number of routes, either by ferry across The Minch with Caledonian Macbrayne from Ullapool to Stornoway, or via the Isle of Skye to Isle of Harris route. The Guest House is also only 10 minutes away from Stornoway Airport, which delivers daily flights to Edinburgh, Glasgow, Inverness and Aberdeen. Enjoy the picturesque views as you drive through Harris and Lewis. The drive from Tarbert to Stornoway takes approximately 45 minutes.

Description
The Park Guest House & Restaurant is an extremely busy business that has been run by the current proprietor since 1986. The Guest House & Restaurant has been placed on the market due to the current proprietors impending retirement. The Guest House trades throughout the year from a good mix of accommodation and food. The quality of the Guest House & Restaurant is reflected in the awards it currently holds such as Eat Scotland Silver Awards 08/09/10/11 and is also a long standing member of the Taste of Scotland. Additional marketing is carried out through its own informative website www.theparkguesthouse.co.uk. The business is also a member of Eat Scotland and VisitScotland. It enjoys much repeat custom, particularly due to its location and the exceptional food on offer. Many of the visitors include golfers, outdoor enthusiasts, business visits and it also plays an integral role in the local community as many locals use the restaurant. Although the Guest House is trading extremely successfully, it still has potential to grow income further and also to expand the property. The remote Outer Hebrides is the only place in the UK to be named one of the top 100 travel hotspots in the world.


Building internal
Built in 1883, The Park Guest House is a fine example of a Scottish Stone-Built Victorian townhouse. The house has been extended and modernised at various periods. Internally the Guest House over recent years been refurbished to a very high standard and is now offered in true walk in condition. The main entry is from the front that leads into a reception hallway which in turn gives access to all accommodation and public areas.

Public Areas
Situated to the right hand side of the reception hallway is the residents’ lounge furnished comfortably with leather sofas and attractive period fireplace. Further down on the right hand side of the hallway is the restaurant. The restaurant is presented to a high standard with contemporary style decor and furnished with elegant wooden tables and cushioned chairs. The room can sit around 42 covers.

Service Areas
Well equipped large commercial kitchen. Large storage areas, utility room, dry store and wash area.

Letting Accommodation
There are 8 letting bedrooms 6 within the guest house, 6 of which have en-suite facilities and 2 having access to their own private bathrooms within the hallway. The rooms comprise of 2 single bedrooms, 2 double bedrooms and 2 twin bedrooms. The bedrooms have been refurbished to a high modern standard each with its own individual style and include LCD televisions, tea/coffee making facilities and hairdryers. The further 2 bedrooms are situated in an Annex behind the guest house. This includes one family room and one double bedroom with a sitting room and kitchen. There is also potential to develop upstairs into further accommodation.

Building External
The garden is paved and very easily maintained.

Services
The property has mains water, drainage and electricity with cooking by LPG. In addition there is gas fired central heating system

Tenure
Our clients own the freehold and are willing to grant a lease with the term negotiable and annual rent of £30,000. Freehold £475,000


Trading Figures
Accounts are available on request after a formal viewing has taken place.



Summary
The sale of The Park Guest House & Restaurant offers a rare opportunity to purchase the leashold of this high quality, beautifully presented Hebridean Guest house which is trading extremely successfully but with potential for expansion of the property and business. It benefits highly from being located in the only place in UK to be named in the top 100 travel hotspots in the world.

Nearest station

  • Achnasheen (65.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Bruce & Co

First Floor Office, Unit 9A South Gyle Crescent, Edinburgh, EH12 9EB

0131 291 0567 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Achnasheen (65.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Bruce & Co

First Floor Office, Unit 9A South Gyle Crescent, Edinburgh, EH12 9EB

0131 291 0567 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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