Lifestyle Business Within Highland Location

Aberfeldy, Perthshire and Kinross

Status

FOR SALE

Date Submitted:

06/04/21

Advert ID

274819

Reference

fernbnk64 / Rightbiz
Freehold: £695,000
Annual Turnover: Available upon request
Annual Net Profit: Available upon request

Outstanding high quality guest house located in Aberfeldy in Perthshire.  Immaculate period property with spacious private gardens to rear. Bright & spacious public rooms, 6 upgraded bedrooms plus private accommodation. Exceptional operation with real potential to further increase income levels. £5,000 hot tub installed 2021. Strong income levels achieved on only 6-month trading. Perfect business & lifestyle opportunity for family.

Forming a traditional Victorian detached property, Fernbank Guest House is a most impressive contemporary styled guest house which is positioned on Kenmore Street, Aberfeldy in the heart of Highland Perthshire. Once owned by the Earl of Breadalbane, Fernbank House which has been lovingly upgraded by our clients over recent years offers access to a wealth of interesting places for guests and owners to visit, with castles, palaces & distilleries all easily accessible

The highly desirable market town of Aberfeldy which sits by the River Tay, has a population of around 2,000 people and offers the idyllic highland lifestyle while allowing for easy access to many of the Scotland’s most visited locations. With the highland towns of Dunkeld, Crieff and Pitlochry all under a 40-minute drive away and the cities of Perth, Dundee, Scotland’s capital Edinburgh to the south and the capital of the highlands,
Inverness around a two-hour drive north along the A9, the location for this type of business would be difficult to beat.

While for the more sporting and outdoor visitor the area offers a wealth of activities from fishing & shooting to white-water rafting to quad biking and cycling to name just a few. Perthshire continues to be a haven for the ever growing outdoor and sporting visitor market. In addition, the area is also the ideal base for the keen golfer with the local courses of Strathtay, Mains of Taymouth (Kenmore), Aberfeldy and Pitlochry and up to 50 courses around a 90-minute drive from Aberfeldy.

As arguably one of the areas finest guest houses, the six-bedroom family operated Fernbank Guest House has benefitted greatly by the impressive level of improvements and refurbishment to the house and gardens. On taking over the property, part of our client’s business plan was to create something truly exceptional that offers the very best of modern facilities whilst retaining the charm and elegance of this fine period property.

Since taking over the business in 2017 our clients have invested heavily in a refurbishment programme which has seen a comprehensive redevelopment of the property. With a six figure sum having been spent on the development, the vendors of Fernbank Guest House have created something really special. On first entering the property you are instantly aware that you have entered an operation that is truly unique with contemporary design accompanied by an eclectic mix of high quality fixtures and fittings running throughout the property.
From the broad welcoming hallway with traditional staircase, overlooked by the stunning stained glass window commissioned by our clients showing “Banksy” The Stag, to the stylish guest lounge, a sumptuously furnished area for guests, the charming breakfast room, the private conservatory dining room, to each of the luxuriously appointed letting bedrooms, a great deal of focus and effort has been placed on the guest experience which has resulted in a high level of repeat and referred trade enjoyed at the business.

Having relatively quickly built up a reputation locally and internationally as one of the places to stay while visiting the area, the vendors have also seen turnover at Fernbank House steadily growing with future income set to increase yet further.

It should be noted that the business is in a build-up period and while the current figures are impressive and in many cases at a higher level to many comparably sized operations, the full positive impact from the refurb and promotion of the business has still to be enjoyed. Another impressive feature regarding the income is that only 20% of trade is through booking agencies which helps result in a healthy bottom line

Potential purchasers should also consider that this has all been achieved whilst our clients have been upgrading and through choice, only operating on a 6-month season. Now that refurbishment is complete and with the many clever operational and marketing systems that are now firmly in place coupled with a growth in visitor numbers to Scotland, Fernbank Guest House looks set to go from strength to strength in the years ahead. Viewing is highly recommended to fully appreciate this highly impressive highland guest house operation.

Key Features
  • Established Business
Contact Agent
Advert Reference:
fernbnk64 / Rightbiz
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