54 Victoria Parade 28 Room Bed and Breakfast Dunoon PA23 7HU £430,000 (£15,357/Room)

Exclusive use Guest House in a popular seaside location
Exclusive Use, 14-Bedroom Guest House in a Popular Seaside Location Superb, Prominent Position with Picturesque Views Fantastic, Extensive Outdoor Amenities Attractive Owners Accommodation Profitable Business Model Development Potential
Victoria House occupies a superb position overlooking West Bay, a wonderful corner of the popular Clyde town of Dunoon. The Guest House itself is only one hour away from Glasgow City Centre providing easy accessibility to Scotland's central roads.
Dunoon is the main stop on the beautiful Cowal Peninsula and the maritime gateway to the Loch Lomond & Trossachs National Park. Dunoon boasts a wide range of activities for both local and tourist visitors, with a charming selection of craft shops and galleries, attractive promenade and a variety of café and restaurants for its visitors. The town is also a great base to explore nature by visiting the Argyll Forest Park and of course Loch Lomond & The Trossachs.
The property has been refurbished by the current owners converting the public areas into a lovely spacious open plan arrangement for large groups to utilise as their central entertainment space. There is also an large owner's flat, one- bedroom with kitchen and living room, which could be used for further self- catering accommodation as it has its own private access. There is also additional 3 letting rooms which are currently not in use. There is the former bar which is currently unused. Located to the rear is the former dining room, access to the kitchen can easily be reinstated. The vendors have previously used this room as a bunk house. There is also additional space adjoining to the premises, this was previously refurbished into a café, it is now the vendor's workshop. However, there is further trading potential here by reinstating the café and opening up for passers by, subject to planning.
The availability of Victoria House presents a superb opportunity for a buyer to acquire a fantastic, classic property suitable for a variety of business uses. A new owner has the potential to further develop the business through multiple avenues by capitalising on the unused letting rooms and workshop area. There is of course the potential to transform the property back into a hotel by reinstating the bar area and rearranging the entertainment space into a lounge area.
Victoria House is a former hotel which has been converted to provide an exclusive use accommodation for up to 22 people. The property itself is late Victorian with lovely bay windows and dormers overlooking the Cowal waters.
The hotel's main accommodation is comprised over ground, first and second floor. The accommodation can be summarised, very briefly, as follows:-
From the private garden entrance, stairs lead to main entrance opening into: -
Entrance Vestibule Lounge Open Plan Dining/Function Room Bar, Separate area for café or office
14 Letting Bedrooms to sleep 22; 8 X double, 3 X twin All bedrooms ensuite; 11 X shower only, 3 X bath with shower 3 letting rooms currently not in use
Three of the old bedrooms have been converted to a 1 bedroom owners flat with large lounge/kitchenette and bathroom.
Car Parking Garden with picnic tables & seating area (30) Decked area with BBQ, seating area (20) & hot tub Large rear garden ready for development Option to install moorings for boats at the end of the garden
The business has now traded for a full year under the new exclusive use operation and accounts for the year ended 31st March 2024 show a turnover above £100,000 (net). The business trades year round and consistently welcomes repeat custom.
Mains gas, electricity, water and drainage. Central heating and hot water from gas fired boilers.
Offers in the region of £430,000 are invited for the heritable (freehold) interest in the property, the trade fixtures, fittings and equipment, together with the goodwill of the business, which is to be sold complete as a going concern. Stock in trade to be purchased at an additional price at valuation on the date of entry.