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Hotel for sale

5 Main Street - G63

£569,950

Property Description

Commercial information

  • Business for sale

Key features

  • 6 Letting Rooms
  • Enviable Location
  • 5 Star Trip Advisor Rating
  • Ranked 2 On Trip Advisor

Full description

Tenure: Freehold

Description
Braeside Guest House is an extremely well run business that has been run by the current proprietors since 2011. The property has been placed on the market due to the current proprietor’s impending wish to relocate. Braeside Guest House and self catering apartment currently trades from March through to October, and its quality is reflected in the number of awards it currently holds; such as achieving 5 out 5 on Trip Advisor. Additional marketing is carried out through its own informative website www.braeside-drymen.co.uk. The business enjoys much repeat custom; particularly due to its prime location on the West Highland Way, being at the heart of the Loch Lomond Trossachs National Park and its superb reputation as one of the areas finest places to stay. Braeside Guest House offers excellent accommodation for both guests and owners.



Situation
Braeside is located in the village centre of Drymen on the eastern side of Loch Lomond. Drymen is approximately 18 miles from Glasgow City Centre and is a popular tourist destination. The village benefits from being located within easy commuting distance of both Glasgow and Stirling, and benefits from being on the West Highland Way.

Business internal
Braeside Guest House and Self Catering apartment is split over two substantial properties. Both properties are two storey detached buildings; set within their own well proportioned gardens. No 5 Main Street is the original building and is of traditional stone construction. The front of the property sits straight to street with the main entrance directly off Main Street.

On entering the property, you are welcomed by a bright reception vestibule, and this gives way to the main reception hallway of the property. The hallway is of spacious proportions, tastefully decorated and presented. To the right of the hallway, you will find the guest dining/sitting room. This space is again, well presented and tastefully decorated. The guest lounge benefits from having feature fireplace with log burner. The guest lounge gives way to the kitchen to the rear.

Letting Accommodation
There are 7 letting bedrooms in No 5 Main Street; all which have en-suite facilities plus self-catering apartment . The rooms comprise 3 double rooms and 1 twin. All rooms have been refurbished to an excellent standard and feature hospitality trays and flat screen TVs. B&B tariff is currently £80 prpn.

Owner's Accommodation
The owner’s accommodation is located on the ground floor of No 5. The accommodation comprises of a well proportioned lounge with open fire place, large double bedroom with built in wardrobe, en-suite shower room and kitchen. The kitchen was fully refurbished by the vendors and comes fully fitted with wall and floor cupboards, integrated appliances, including 2 dishwashers and 5 burner, double oven gas range.

Business internal
5a Main Street is located to the rear of the property. This property is a detached two storey property and is of timber and brick construction. 5a houses the self catering apartment and additional bed and breakfast rooms. Located on the first floor of the property, you will find the letting rooms. The rooms are accessed via a main front door which leads to a communal stairway. The letting rooms are of generous proportions and come fully fitted with two single beds, hospitality trays and flat screen TVs. The letting bedrooms in 5a are both en-suite and feature white three piece bathrooms suites with showers over the bath. In between the two letting rooms, is a small kitchenette area. The kitchenette has fitted cupboards, electric hob, oven, fridge and sink. On the ground floor of 5a, is the self catering apartment. The apartment has recently been refurbished and comprises, double bedroom, shower room, along with a spacious open plan kitchen living area. The apartment is accessed from the front of the property via its own glass UPVC door.

Service Areas
As expected with a property the style and size of Braeside, there are ample service areas, including a laundry, utility room and external storage area.

Business external
The front of the property is straight to street. To the rear is parking for 8 cars on a mono block driveway. To the left is a raised garden area. The garden area is laid mostly to grass with well maintained borders. A timber decking patio area also features to the rear of the grass.

Services
We are advised the property has all mains services.

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

legal
The business trades with the benefit of a full Guest House License, and conforms to all fire regulations.

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

Summary
The sale of Braeside Guest House and Self Catering apartment offers a rare opportunity to purchase a high quality, beautifully presented property which is trading well but with potential for expansion of the business.

Price
OIRO £569,950 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 and items subject to lease; 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.

Offers
All offers, couched in Scottish Legal Terms, should be submitted to the seller’s sole agents Bruce & Company.

Further Information
Should you require further information on this or any other property, please do not hesitate to contact us on 0131 477 6060.


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