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Long-standing Albert Villa Guest House in Perth, Offering 10 Rooms and Lifestyle Opportunity, for Sale

Perth, Perthshire and Kinross
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Long-established business providing a great lifestyle to the current owners Photo 1
Long-established business providing a great lifestyle to the current owners Photo 2
Long-established business providing a great lifestyle to the current owners Photo 3
Long-established business providing a great lifestyle to the current owners Photo 4
Long-established business providing a great lifestyle to the current owners Photo 5
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Long-established business providing a great lifestyle to the current ownersLong-established business providing a great lifestyle to the current ownersLong-established business providing a great lifestyle to the current ownersLong-established business providing a great lifestyle to the current ownersLong-established business providing a great lifestyle to the current ownersLong-established business providing a great lifestyle to the current ownersLong-established business providing a great lifestyle to the current owners
  • Status

    FOR SALE

  • Date Submitted:

    14/09/23

  • Advert ID

    599410

  • Reference

    20295970 / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £495,000
  • Turnover: N/A
  • Net Profit: On request

Key Features

  • Home Based
  • Accounts Available
  • Retirement Sale
  • Established Business

Business Details

Long established business providing a great lifestyle to the current owners

Albert Villa, Dunkeld Road, Perth

CCL is delighted to bring to market Albert Villa, an exceptionally well-presented guest house located in a prime location on Dunkeld Road in Perth.  Albert Villa is situated a short distance from the center of Perth, a bustling city popular with tourists in central Scotland. The business offers comfortable accommodation with 10 letting rooms (7 en-suite). This is a turnkey sale offering new owners an excellent opportunity to acquire a thriving business with excellent reputation and enjoy all the benefits of a lifestyle business.  With three self-contained en-suite rooms, the property lends itself to a large extended family who may want to live in the main house and let out the external rooms on a self catering basis.  

Prime central trading location

10 letting rooms

Fantastic residential property for a large family

Repeat bookings

Excellent reviews

Long established

Comfortable and well presented throughout

Trades 6 months of the year.

Off street parking

Freehold

Situation

Located a short distance from the City Centre of Perth, Albert Villa benefits from its prominent trading location on Dunkeld Road, a main artery into the city. The property is well established with excellent road and public transport networks and offers easy access for Perth City Centre, Glasgow, and Edinburgh.

Perth is an attractive and bustling city in the heart of Scotland and offers great links to the central belt. The city offers a wide range of services and amenities including shopping, business, and leisure facilities together with multiple primary and secondary schools, a university and health care facilities including a hospital. There are local independent retailers in the city as well as well known retailers and a thriving shopping centre which offers a wide variety of retail and eatery outlets.

Perth is a great city which offers close links to Glasgow and Edinburgh whilst also offering good links to more rural towns such as Gleneagles and Loch Lomond National Park. The city benefits from being along the River Tay meaning you are only a stone throw away from scenic walks and views. Whilst the town is busy and popular, Perth still maintains a historic landscape, meaning the city benefits from modern and timeless entities intertwined. The city has amenities of a characteristic museum, a castle, two excellent art galleries, a visitor centre, Bells Sports Centre and Dewars Centre Ice Rink.

The hospitality industry remains a high value and sustainable sector in Perth with the city being a popular destination for tourists.  Demand for short, weekend and long stay accommodation is high and Albert Villa is ideally situated to take full advantage and meet that requirement.

Business

Albert Villa is a well-established guest house with an excellent reputation for quality accommodation, food, and great service. There are 10 letting rooms, consisting of a mixture of single, twin, family, and double rooms.  Seven are en-suite and 3 have shared bathroom facilities.  All are kept in excellent order whilst the breakfast service is freshly prepared and served in a tasteful guest dining room that can accommodate 19 covers. The prime trading season is from Easter through to September with peak season from June onwards.  The business trades with high occupancy levels.   

The facilities and quality of the rooms ensures that Albert Villa is held in high regard and benefits from repeat trade, this has prompted excellent reviews on sites such as TripAdvisor and Google reviews. The rooms are all well-equipped and tastefully decorated.  Prices start from £37.50 per night for a standard room.

Albert Villa offers excellent yet affordable accommodation in the heart of Perth and only a short distance from the city centre.  Its central location and excellent reputation for both standard and service ensures that the business maintains high occupancy levels from both tourists and contractors.  In addition, there is a contract with Abbey Tours Scotland which generates approximately 100 bookings during the summer season.   

The business is run by the owners with the assistance of 2 part-time members of staff during the summer months that assist with housekeeping and kitchen duties.

During the summer months the city itself overflows with visitors attracted to the rich variety of places to visit and things to do in the heart of rural Scotland.  Travellers from far and wide visit to experience the range of activities on offer. Tourism itself is a key business sector in this vibrant and cultural City which promotes a dynamic economy with a modern infrastructure, strong sense of community and outstanding lifestyle advantages.

Financial Information

The business trades beneath the VAT threshold for 12 months of the year however for the past 2 years the current owners have only been operating from the months of April to October. Full financial information will be released after formal viewing has taken place.

Property

Albert Villa is a substantial semi-detached granite Victorian villa that has been developed over the years to provide 10 Letting Rooms.  Guests access the property via the front door which opens into the entrance hall.  The main hall is the central focal point of the property which provides access to the other areas.  The owner’s accommodation is located at the front of the property on the ground floor and consists of a private lounge and separate private bedroom.

The main hall also provides access to the rear of the property which consists of a comfortable guest lounge and a dining room with 19 covers.  There is a contemporary and stylish well-equipped kitchen with large island.

A door at the rear of the dining room provides access to the rear of the property and 3 ground floor rooms with private external entrance. These very popular rooms consist of a double and 2 en-suite single rooms.

On the first floor there are three letting rooms at the front of the property in the original part of the building.  Two have a front elevation. From this landing there is a large floored attic which the owners currently use as an office. From the half landing there is access to the rear hall which in turn provides access to 4 further modern and spacious letting rooms and a large w/c shower room. There is a fire escape at the rear of this hall. 

External

This property occupies a prominent trading position on Dunkeld Road, the front of the property is tarmacked and provides parking for 2 cars.  There is a side access to the rear garden where there is parking for a further 6 cars.  There is a large rear garden. There is a detached single garage of solid construction.

Services

The property has mains gas, water, drainage and electricity.

Tenure

The property is held on the Scottish equivalent of Freehold.

Trading Figures

Full trading information will be provided after formal viewing has taken place.

Summary

The sale of Albert Villa offers new buyers a great opportunity to acquire a wonderful turnkey opportunity in the heart of Perth.  This long-established business is easily managed and provides a great lifestyle to the owners who only operate for 6 months of the year.  With off street parking Albert Villa is exceptionally popular with tourist and contractors a like however would make an ideal family home for an extended family.

Inventory                                

An inventory will be compiled to detail all items of a personal nature excluded from the sale.  There are no items subject to lease.

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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.

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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.

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