42 En-Suite Bedroom Hotel for Sale in Stromness, Orkney Islands with Scenic Sea Views
Stromness, Orkney Islands
- Status
FOR SALE
- Advert ID
644473
- Reference
96010 / Rightbiz
- Call Agent:
- Freehold: £1,250,000 (Stock at valuation)
- Turnover: £522,979 (£10,057 per week)
- Profit: £151,000 (29% Profit margin)
Business Details
ORKNEY ISLANDS ICONIC 42 EN SUITE BEDROOM HOTEL
Iconic 42 en suite bedroom hotel
Historic venue built in 1901
Stunning sea and harbour views
Three stylish dining areas
Dedicated guest parking
Highly profitable business
SELLER REF 96010
The Stromness Hotel is located in Stromness, the second-most populous town in Orkney, Scotland. The property is situated on Victoria Street where it benefits from breathtaking views of the picturesque Scapa Flow. The hotel is close to an array of notable landmarks; these include the Ring of Brodgar, the Standing Stones of Stenness, Skara Brae, Stromness Museum, Pier Arts Centre, Stromness Golf Club and Copland’s Dock.
The closest airport can be found at Kirkwall Airport (KOI), approximately 30 minutes’ drive from the property. The ferry terminal is only a short walk from the property and provides access to the mainland.
The Stromness Hotel is one of the most iconic buildings on the Orkney archipelago. Â It operates as a 3-star hotel and restaurant, welcoming a variety of guests including business travellers, holidaymakers and those visiting the plethora of landmarks and amenities in the surrounding area.
For further information regarding the business, visit: www.thestromnesshotel.com
Year end accounts for June 2025 are as follows:
Net turnover: £522,979
Gross profit: £427,447
EBITDA/adjusted net profit in the region of £151,000.
Further accounting detail will be made available to serious parties following a formal viewing. The business is currently supported by a dynamic website which will be passed over to the buyer on completion.
FREEHOLD £1,250,000 to include goodwill, fixtures and fittings. Stock at valuation in addition.Â
No direct approach to be made to the business; please direct all communications through Sidney Phillips. Viewing strictly by appointment only.
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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.
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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.
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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.
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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.'.
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