Commercial Property for sale

6 Church Road - KY8

£349,995

Property Description

Commercial information

  • Business for sale

Key features

  • Attractive Period Property
  • Private Owners Accommodation
  • Popular Tourist Catchment Area
  • Excellent Potential For Growth

Full description

Tenure: Freehold

Description
Bruce and Co. are delighted to offer for sale Lomond Guest House, a beautifully presented Guest House situated in the popular tourist town of Leven in Fife. The business receives excellent feedback from previous guests and is highly rated on TripAdvisor.

Lomond Guest House provides bed and breakfast service for guests in a commanding property with elegant interior making the business very popular with a lot of repeat customers staying for business as well as leisure.

The business has been under the very caring ownership of our client for over 9 years during which time she has carefully carried out substantial refurbishments throughout the entire property to a very good standard including modernisation of the majority of public areas. She is reluctantly offering the business to the market due to her impending wish to retire. Our client has advised us that in addition to Lomond Guest House, she has other business commitments which has restricted the amount of time she has been able to dedicate to Lomond Guest House. This offers new enthusiastic owners huge potential to increase turnover with a variety of options including the possibility of re-opening the breakfast room as a coffee shop/tea room and using/renting the current treatment room for beauty or holistic therapies.


Situation
Lomond Guest House is perfectly positioned on a corner spot only 150 yards from the sea and within a very short walking distance of Leven town centre. The business provides an excellent base for tourists visiting this area of Scotland or travelling on the Fife Coastal path. The town of Leven has a good range of shops and local services as well as primary schooling. It is well placed for access to the main road network of central eastern Scotland. The towns attractive promenade is within easy access of the business where there is a swimming pool, sports complex, gym and a small cinema. The bustling county market town of Cupar which lies no more than a 10-mile drive to the north has a wider range of services as well as a highly regarded secondary school. About a 14-mile drive to the north-east lies St. Andrews, the ancient and historic university town renowned world-wide as the home of golf with its excellent cosmopolitan mix of shops, services, facilities and amenities. The area around Leven comprises a lovely mix of farmland, coastline, hill and river, the result being a fine choice for the outdoor enthusiast with walking, riding, cycling, sailing and of course golf all readily available. The wide open spaces of the Lomond Hills offer considerable scope, whilst in terms of days out there are excellent sandy beaches at St. Andrews, Elie and Tentsmuir. Good state schooling is available locally with independent schooling being offered at St. Leonards in St. Andrews. There are railway stations in Cupar, Markinch and Kirkcaldy with Edinburgh Airport about a forty-five-minute drive to the south.

Building Internal
Lomond guest house is well positioned on the corner of Church Road and Links Road. The property is split over 3 floors with the guest areas situated on the first two floors. On entrance to the property guests are welcomed in the reception hallway.
The ground floor comprises of a Breakfast Room, traditionally furnished with a feature fireplace and bay window to the front also a dedicated Therapy Room.

The business used to trade with a coffee shop although the area is now used for breakfast service and there are WC facilities as well as a fitted kitchen. All trading letting rooms are located on the first floor.

The 4 letting rooms are configured at present as 1 family room with En-Suite Shower and sea views, 1 Large double/Twin with an En-Suite shower and 2 singles which share a shower room. Also on the First Floor there is a small room which is currently being used as an office.


Owners Accommodation
The owners accommodation is located on the top floor of the property away from the trading area of the business. The owner’s accommodation has 2 bedrooms; one with small dressing room, a bathroom and a large living room located on the ground floor and it is finished to a high standard. It should also be noted that the current owner over the years has carried out extensive refurbishments. A viewing is very much recommended in order to appreciate the true beauty and size of the property.


Building External
To the front of the property there is ample on street parking. To the rear of the property is a paved patio area which can be accessed from the kitchen or rear gate. The gardens to the side and front are well maintained.

Tenure
The property is held on the Scottish equivalent of Freehold.

Licence
The business conforms to all fire regulations.

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

Summary
This is an excellent opportunity to purchase a successful business which has an enviable reputation and client base. Early viewing of this delightful property is essential!

Price
Offers in the region of £349,995 are sought for the heritable property, fixtures, fittings and goodwill. Stock in trade will be additional at valuation.

Inventory
An inventory will be compiled to detail all items of a personal nature excluded from the sale; this will be available to all parties wishing to offer.

Viewing
Strictly by appointment through the sellers’ sole agents, Bruce & Company. Please remember when viewing that staff and locals may not be aware that the business is on the market and we would be grateful if you do not talk openly about the business while in the area.

Nearest station

  • Markinch (5.4 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

  • Markinch (5.4 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.

Disclaimer - Property reference 44691. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by ALTIUS GROUP LIMITED, Bruce & Co. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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