2 High Street, Inverness, Inverness-Shire, IV1
- SIZE
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- SECTOR
21 bedroom hotel for sale
Key features
- Serviced Apartment Portfolio including 11 individual luxury apartments
- Prime locations in Inverness city centre catering for the high end corporate market and busy tourist market
- Retirement sale
- Highly profitable business available as a going concern with minimal staff requirement
- Turnkey business offering investors excellent returns
Description
An aparthotel with 6 apartments set across the first, second and third floors of an end-terraced impressive traditional stone building. Situated close to Inverness Castle the apartments are located in a prime position for tourists and corporate clients.
Each apartment is furnished to an excellent standard throughout with no requirement for any short term capital expenditure.
The apartments all feature a large open plan lounge with kitchen and dining area. There are 5 x 2 bed apartments and 1 x 1 bed apartment at High Street.
Each apartment has an open play layout with a fully equipped kitchen, washer and dryer, with wifi, 42" TV and DVD. The bedrooms all have quadruple glazing and TVs.
The High Street building was redeveloped as residential in 2010 and has traded for 14 years as serviced apartments with the current configuration. The operation is considered to be a self-contained aparthotel and there is no requirement for a short term let license.
Hedgefield Apartments
The Hedgefield Apartments are individual units within one larger block of the Hedgefield development, a short 15 minute walk (or three minute drive) to the south of the city centre. This smart modern development is set amongst extensive gardens and provides an ambience of spacious relaxation with ample free parking.
Each apartment has 2 bedrooms, kitchen, lounge and 2 bathrooms.
LOCATION
Inverness is known as the capital of the Highlands and is a major hub for business and tourism in the area. As one of the fastest growing cities in Europe, it has a long history as a regional centre for the oil and gas industry and more recently for the burgeoning renewable energy sector. The city is also the administrative hub for the Highland Council and thus provides an important central focus for the region. Telford Street The Castle within the city is currently being refurbished and along with its gardens will be the focal point of a visitor attraction "Inverness Castle Experience" to be launched mid-2025. The project is supported by a £15 million investment from the Scottish Government and £3 million from the UK Government. It is part of the wider Inverness and Highland City Region deal, which includes up to £315 million in investment. The castle is currently closed for the refurbishment, which began in 2020. The opening of the Inverness Castle Experience is anticipated for late summer/early autumn 2025. Inverness and Cromarty Firth Green Freeport, Free Trade Zone, is also bringing significant numbers of multi-national engineering and fabrication work to the regional economy. As a tourist hub Inverness is the start and finish point for the NC 500 whilst being on the doorstep of stunning Loch Ness, the home of the legendary monster.
Other outstanding areas surround the city and serve the international and domestic tourist markets with activities such as golf, fishing and walking as well as historical sites such as the site of the Battle of Culloden. The City and surrounding areas are also a hive of activity for the Whisky and other distillery businesses and increasingly provide year round business to the local accommodation markets. The city has superb transport links with its own award-winning international airport just outside the city, fast train links to Edinburgh, Glasgow and beyond to London and excellent road connections along east and west coast routes as well as the main A9 leading south to the Cairngorms National Park and Aviemore.
Brochures
2 High Street, Inverness, Inverness-Shire, IV1
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Inverness Station0.2 miles
Notes
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