Period Property in Central Glasgow with Six Letting Rooms, Ideal for AirBnB or Boutique Guest House
City of Glasgow, Glasgow
- Status
FOR SALE
- Date Submitted:
05/03/24
- Advert ID
607790
- Reference
27165406 / Rightbiz
- Call Agent:
- Freehold: £500,000
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Central Glasgow Guest House AirBnB Potential
A rare opportunity presents itself to acquire an impressive period property adjacent to the Glasgow School of Art in Glasgow City Centre. The property features a total of 6 letting rooms spread over 2 floors and has a long-established business history, generating substantial revenues. Ideally suited for conversion to an Airbnb operation or a small boutique Guest House, it awaits upgrading to unlock its full potential.
- Long Established 2* Guest House over 2 floors
- 6 letting rooms
- Excellent City Centre location adjacent to Glasgow School of Art
- With modernisation scope for Airbnb potential
- Freehold property
The Atlantic Hotel, situated in Glasgow's city centre, has operated successfully with six letting rooms. Currently operating in a reduced capacity, it presents an ideal opportunity for conversion into self-contained Airbnb-style apartments or a boutique guest house. A long established track record and with an adaptable layout, the Atlantic Hotel offers a practical investment opportunity in Glasgow's hospitality sector.
Accessed from steps leading from Renfrew Street, the property features original Victorian features such as ornate cornicing and ceiling roses. The ground floor comprises 4 large letting rooms, while the lower ground floor hosts 2 additional letting rooms, a kitchen, dining room area, and office, all with ensuite bathrooms.
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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.
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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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