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Highly Profitable, Fully Renovated 3* Victorian Guest House For Sale in Inverness City Centre

Inverness, Scottish Highlands
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Highly Profitable Inverness City Centre Guest HouseHighly Profitable Inverness City Centre Guest HouseHighly Profitable Inverness City Centre Guest HouseHighly Profitable Inverness City Centre Guest HouseHighly Profitable Inverness City Centre Guest House
  • Status

    FOR SALE

  • Date Submitted:

    26/03/24

  • Advert ID

    608807

  • Reference

    1178SAF / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £690,000
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Highly Profitable Inverness City Centre Guest House

The Coos Guest House, Inverness is an outstanding example of a 3* Victorian period property which dates back to the early 1900s.

Purchased by the current owners in 2018, the property has been tastefully and sympathetically refurbished bringing it up to its current high standard. The refurbishment project included rewiring the property and installing a new heating system. The business is fully compliant with all short-term letting license requirements. Despite the full renovation the property retains many original Victorian features.

This imposing property boasts an outstanding trading location, only a short walk away from the city centre and is close to a range of restaurants, bars and entertainment venues such as Eden Court Theatre.

The business trades to a high level and has been consistently profitable. Many bookings come direct through links with important tour and cycling tour operators. The business has an excellent reputation and benefits from a high level of repeat bookings, this can be evidenced on online review sites such as trip advisor and booking.com. Trading with 9 large, modern en-suite letting bedrooms on a simple bed and breakfast model which provides significant earning potential.

Of particular note is the self-contained and private owner's accommodation which comprises 3 large family bedrooms, a modern kitchen/diner and a large private family garden with patio which has recently seen refurbishment with new gravel and landscaping work. Externally there is also a large bike shed, outdoor seating area for guests, CCTV cameras and ample parking, something which is quite unique for the area.
9 Ensuite Bedrooms
Tourist hotspot, City Centre location 
Self-contained 3 bed owners accommodation 
Turnover £250k with attractive net profit
Recently renovated and refurbished
Attractive garden grounds 
Large private car park 
Read more

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Contact the seller for more details, or book a viewing

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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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The data showed regarding this advert 'Highly Profitable Inverness City Centre Guest House - 1178SAF / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.