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Well Located Licensed Guest House In Fishing Village In Fife

Crail Fife
A successful, well established guest house in the heart of Crail in the East Neuk of Fife. Only 10 miles from St Andrews, 7 bedrooms plus owners accom this business has a prime position for passing trade. Established 35 years. Profitable, increasing sales. Freehold to buy Well Located Licensed Guest House In Fishing Village In Fife is located in Fife.
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 70195
ADVERT IMPRESSIONS : 11,481 TIME(S)

 
BUSINESS SECTOR: Hotels / Pubs / Accom
TRADE TYPE: Bed & Breakfast
SALE: Private Sale

FREEHOLD:

£385000

ANNUAL RENT:

£15000
 

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BUSINESS DETAILS:

An outstanding Victorian property, Caiplie House was a bakers shop and the bakers house. It was converted to this use in 1977 and has operated as a successful business since that time. The present owner has operated for 10 years but is moving on due to an addition to the family! This is an easy business to run which would be perfect for a couple with little or no experience of running a business. There is a ready made team of casual staff prepared to continue with new owners. Over the years many customers have fallen in love with Crail and Caiplie House and return year after year.
The business is strong with sales and profits increasing. At present the business operates under the VAT threshold but new owners could choose to operate over 12 months and increase turnover further.

The property has maintained many period fixtures but has been upgraded to a modern standard and maintains a three star award. The accommodation can sleep 15 guests in a combination of twin double and family accommodation.

The owners/managers accommodation on the ground floor consists of an en-suite double room, kitchenette and sitting room with stripped floors and open fire.

Crail is a destination village with a number of B&B and Guest Houses which operate at a high occupancy level. There is a lovely community spirit in Crail. It is a lovely place to live and work.

Using the liquor license dinner is offered to residents and non residents over the summer months. There is potential to develop lunch trade or a coffee shop. There is space for table in front of the business on the High Street.
   
  FOR SALE
   

REFERENCE:

70195 / RightBiz
   
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