Boutique Hotel B&B. Perth

Perth, Perthshire and Kinross

Status

FOR SALE

Date Submitted:

05/05/21

Advert ID

276108

Reference

Sunbankhse21 / Rightbiz
Freehold: £850,000
Annual Turnover: Available upon request
Annual Net Profit: Available upon request

Most handsome and refurbished private hotel located within the city of Perth. Boasting prime trading location with uninterrupted elevated views of the city. 11-bed property offering 10 letting rooms, dining room & guests lounge with bar. Flexible operation allowing for easy adjustment of trading from hotel to traditional B&B or vice versa. Highly impressive trading showing 6 figure adjusted net profits for year end 2020. Potential to create large private owner’s accommodation within the main house. Beautifully presented and well maintained gardens & grounds.

Proudly sitting on an elevated position on Dundee Road with unrestricted views over the city, the most handsome Sunbank House Hotel is a truly impressive private hotel that is located within the city of Perth. The family operated hotel which benefits from having been upgraded over recent years, offers 11 bedrooms. Originally built as a substantial family home, the extended Sunbank House Hotel is located to the north of the city & is only a ten-minute walk from Perth city centre. Nestling within beautifully manicured gardens and grounds, the substantial period property boasts a prime and highly visible trading location on one of the city’s main thoroughfares. With the M90 motorway, which runs south from the city towards Edinburgh, Stirling & Glasgow and the A9 north to Inverness all a short drive from the property, the business is in a key location to tap into the sizable amount of visitors who regularly visit or pass through the city on a daily basis.

The city of Perth which has a population of over 44,000, offers a wide array of attractions and facilities including pubs, restaurants a newly completed concert hall theatre, the Bell’s Leisure Centre plus good quality high street shopping. The wider Perthshire area is renowned for activities including golf, skiing, deer-stalking, fishing, hill walking, cycling, shooting, pony-trekking and all manner of adventure activities including white water rafting, kayaking, clay pigeon shooting, highland safaris, paintball, abseiling and zorbing.

Perth remains a key transport hub for journeys by road and rail throughout Scotland and is often referred to as the gateway to the highlands. With the excellent transport links, Perth is the ideal stop off point for tourists travelling north to Inverness & the highlands, south to Scotland’s two largest cities & north east to the cities of Dundee & Aberdeen.

From the moment that you arrive at the impressive Sunbank House Hotel, you cannot fail to be impressed by the quality of the property and the hotel operation as a whole. Furnished to a beautiful standard befitting of the fine 4-star period property, Sunbank House Hotel currently trades as a private small hotel with 11 bedrooms (9-10 letting), cosy guests lounge with bar and dining room with views over the hotel gardens with the city beyond.

On taking over the business our clients set out to upgrade and improve Sunbank House and have invested heavily in upgrading and improving the general fabric of the hotel. From installing quality secondary glazing to the front of the property, refurbishing letting bedrooms plus various public areas and also fitting new quality carpeting, the vendors of Sunbank House Hotel have greatly enhanced the overall look and feel of the property. With great care and attention paid to respect the history & quality of this fine period property, the vendors have already enjoyed the benefits of the investment made. Boasting excellent online reviews with TripAdvisor & scoring an impressive 4.8 out of 5, our clients are seeing a large amount of repeat & referral trade visiting the property.

In addition to the extensive upgrading works, our clients have also paid close attention to the overall operation of the business and have put many clever and cost saving measures in place. By doing so, the business is streamlined in its booking systems and is set up perfectly to tap into the ever growing online & social media market place.

Another benefit to the style of operation & layout of the property is that our clients are now able to trade with a real degree of flexibility whilst still generating healthy trading profits. While new owners could operate like our clients currently do as a small boutique style licensed hotel, a new owner, such as a chef could quite easily look to make a real mark in the city as a fine dining restaurant with rooms operation. Or alternatively, an owner has the option of scaling the operation down to a simple bed & breakfast set up. This level of flexibility is one of Sunbank House Hotels unique selling points, rather than either having to be only an “hotel” or “B&B”, a new owner can adjust as and how the market or they require. Our client is offering the business for sale due their wish to retire. Early viewing is highly recommended to avoid disappointment.

THE PROPERTY
Sunbank House which dates back to 1846 was originally built as a fine Victorian family home, then latterly in the 1980s converting to a private hotel. The property has benefitted by being extended to one side of the original house. At the time when the extension was completed in 1994, the development was noted for the level of detail and high quality of workmanship carried out which mirrored the original build. The extension went on to win a number of awards within the sector.

The sandstone detached property, which is housed over ground level with one upper floor consist of the following: hotel reception area with back office, hallway giving access to dining room, guest lounge with bar and 11 bedrooms. The property provides extensive service areas such as kitchen, dish wash area, laundry plus internal/ external storage areas & linen store. Services: Gas central heating with mains gas. Mains electricity, water and drainage. The grounds are well maintained with large lawn area to the front with trees and shrubs. To the rear of the property is the hotels private off road parking area which can take up to 12 vehicles. The main entrance of the hotel is accessed via the hotel car park.

Private accommodation: Currently the hotel is set up to accommodate a manager or owner operator however, with the flexible layout the property could quite easily be split to offer one wing of the house as private accommodation and leave 7 letting rooms for the business. In an addition, new owners may wish to consider the option of converting the large loft area as private accommodation, subject to planning.

LETTING ROOMS
Sunbank House has 11 bedrooms in total with 9 en-suite letting bedrooms. One room is a mangers bed room and a double room is used as an owner’s bedroom. The rooms are set out as follows: ROOM 1. Cosy double room positioned on the ground floor to the rear of the hotel. ROOM 2. Single Room positioned to the rear of the hotel on the mezzanine level with a 3/4 double bed and shared bathroom. ROOM 3 Large Room positioned on the first floor with views over the garden towards the City. ROOM 5. Double Room positioned on the first floor with views over the garden towards the City. ROOM 6. Double Room positioned on the first floor to the rear of the hotel. ROOM 7. Large Room positioned on the first floor with views over the garden towards the City. ROOM 8. Large Room positioned on the first floor with views over the garden towards the City. ROOM 9. Large Room positioned on the first floor with views over the garden towards the City. ROOM 10. Large Room positioned on the ground floor with views over the garden towards the City. ROOM 11. Large ground floor room with views over the garden comprising of a Superking bed. This room is ideal for guests with mobility issues.

All bedrooms are tastefully furnished and offer LCD TV, Hairdryer, Toiletries, complimentary Wi-Fi and Tea and Coffee making facilities. Some of the larger letting bedrooms offer Superking bed plus Nespresso coffee machine & Bluetooth speaker.

TRADE
Trading accounts will be made available to serious buyers only once a viewing of the business has taken place.

Key Features
  • Established Business
  • Close to Local Amenities
  • Prime Location
  • Accounts Available
Contact Agent
Advert Reference:
Sunbankhse21 / Rightbiz
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