Profitable Guest House in Stonehaven Aberdeenshire with Expansion Potential
Stonehaven, Aberdeenshire
- Status
FOR SALE
- Date Submitted:
12/07/23
- Advert ID
516522
- Reference
26521150 / Rightbiz
- Call Agent:
- Freehold: £560,000
- Turnover: On request
- Net Profit: On request
Key Features
- Prime Location
- Accounts Available
- Established Business
Business Details
Stunning guest house and period property in harbour location
A rare opportunity has arisen to acquire a very impressive period property overlooking the stunning natural harbour of Stonehaven. Shorehead Guest House is being sold with the benefit of 6 letting rooms that have each been individually designed, decorated, and furnished by a local interior designer. The guest house is easily managed and trades very profitably beneath the VAT threshold. Shorehead has excellent online reviews, a superb reputation and enjoys a considerable amount of repeat business. The business can be easily managed by new owners who can not only enjoy the local life of Stonehaven but also all that Aberdeen has to offer.
Shorehead Guest House is a wonderful boutique guest house offering high end accommodation in a truly wonderful setting overlooking the beautiful harbour. The business has been run by the current owners for a considerable period of time. It is a genuine lifestyle business that is run to suit the requirements of the owners.
There is high demand through out the year with tourists in the summer months exploring the attractions of the North East of Scotland that also includes the nearby Dunnottar Castle. The harbour and local beaches bring in many more guests. Stonehaven has become famous for its Hogmany Fireball ceremony. Aberdeenshire has been popular since the days of Queen Victoria, with tourist coming to avail of fishing, stalking and shooting, hiking, cycling and walking amongst other things.
Shorehead Guest House is owner operated. Rooms are let on a B&B basis. All letting rooms are en-suite and benefit from luxurious furnishings by a local interior designer with the majority having spectacular views.
New owners will have an excellent opportunity to dramatically increase revenues. There is a strong demand for a further food offering and new owners could potentially obtain an alcohol licence. however, the quickest way to increase income would be to extend the season.
The guest house benefits from a good mix of new visitors and repeat trade, with a core market of tourists exploring Scotland by car.
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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