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SOLD OR WITHDRAWN FROM THE MARKET
Advert pending deletion

Profitable Freehold Luxury Holiday Letting Business with huge potential.

Thornhill, Dumfries and Galloway
Status
SOLD / WITHDRAWN
Advert ID
248746
Reference
BIZ6210 / Rightbiz
Freehold Price: £740,000
Annual Turnover: £84,000
Two meticulously renovated and profitable holiday rentals with huge potential. Perfect touring base in Central Scotland.

Our core business interests are in Property Development and Residential Letting. Unfortunately we don't have time to market and run this business to its' full potential- the quoted figures (easily demonstrable) are at less than 30% occupancy.

The business has 2 substantial stand alone properties- one with 5 double bedrooms which are all en suite and one 4 bed again all en houses are very similar in floor area.

The 5 bed has been trading for around 18 months , the 4 bed for just 6 months. Again, obvious potential to increase profitability on an annual basis.

The properties have Superhost status on Airbnb with 60+ 5* reviews on our our listing.

The current turnover and profit, based on this calendar year and just 6 months trading of the 4 bed house, come from just 2 websites with very little input and no further marketing. so a new owner with the relevant skills could easily increase this dramatically.

All systems and suppliers are in place including professional laundry rental and cleaning services, meaning profitability could be greatly enhanced by an owner/occupier undertaking these tasks.

The building was totally renovated in 2016/17, and converted into one 5 bed and one 4 bed unit. All inventory is of a high quality.

There is a large car park which offers development potential subject to the relevant consents.

The property would make a great addition to an existing operation or an entry into this attractive marketplace.

84000
Listing Details
Location: Thornhill, Dumfries and Galloway
Sector: Bed And Breakfast, Holiday Flat
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Advert Reference: BIZ6210 / Rightbiz

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