4-Star Boutique Hotel with 12 Bedrooms for Sale in Scotland's Golf Coast, East Lothian
North Berwick, East Lothian
- Status
FOR SALE
- Date Submitted:
28/06/23
- Advert ID
515753
- Reference
Nether Abbey Hotel / Rightbiz
- Call Agent:
- Freehold: £2,250,000
- Turnover: On request
- Net Profit: On request
Key Features
- Prime Location
- Fully Fitted
- Established Business
Business Details
Superb 12 Bedroom 4 Star Boutique Hotel in heart of Scotland’s Golf Coast
- Located in highly sought after town of North Berwick
- Range of bar; restaurant; private dining & function space
- Wonderful outdoor dining terrace
- Well established business with t/o of £1.2m (net)
The Nether Abbey Hotel is located in North Berwick, a highly sought after location, and is truly a fantastic destination due to its picturesque coastal setting, sandy beaches, and wonderful views of the surrounding islands. The Nether Abbey Hotel, a 4-star hotel, has been owned and operated by the same family for over 60-years, has become the "go-to" North Berwick establishment which welcomes not only repeat local custom but attracts both new and repeat visitors from North America, Europe and the UK. Over the last 20 years the sellers have continuously invested into the hotel and it lives up to its 4-star status providing a truly first-class visit for its customers. The Nether Abbey Hotel has an impressive established local, national and international client base and is truly that of a "turn-key" business with no immediate improvements required to the hotel but with the potential to develop in future years.
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Listing Statistics
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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.
Stay Safe
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.
Be safe, use a Rightbiz Solicitor
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