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Pitfaranne Guest House Pitfaranne Guest House 5 Room Bed and Breakfast Inverness IV2 3AY £549,000 (£109,800/Room)
INVESTMENT HIGHLIGHTS
- Spacious five bedroom Guest House with additional 2/3 bedroom owners accommodation is located in the centre of Inverness.
EXECUTIVE SUMMARY
This is a prime investment opportunity to purchase Pitfaranne Guest House. The vendors traded the business below the VAT threshold as a lifestyle choice and historically traded all year although made the decision to close in the Winter of 23/24. (Despite this the profit levels did remain fairly consistent). This desirable business has a good level of profitability with a significant level of future bookings which have increased substantially in recent years. This delightful Guest House offers competitive year-round pricing with options for room-only or bed and breakfast. There is a substantial opportunity to develop income further should that be desired. The business also has an excellent website where online bookings are welcomed at https://pitfaranne.com. The vendors utilise their website https://pitfaranne.com to take bookings and work in partnership with several local companies such as Visit Scotland, NC500 The Ultimate trip and Visit Inverness Loch Ness. Pitfaranne have impressive ratings of 9.3 on Booking.com and 4.5 stars on Trip Advisor.
Offers in the Region of £549,000 are invited for the heritable property complete with goodwill and trade contents (according to inventory), excluding personal items. Stock at valuation.
Offers in the Region of £549,000 are invited for the heritable property complete with goodwill and trade contents (according to inventory), excluding personal items. Stock at valuation.
PROPERTY FACTS Sale Pending
| Price | £549,000 | Property Size | 3,188 sq ft |
| Price Per Room | £109,800 | No. Rooms | 5 |
| Sale Type | Investment | No. Floors | 2 |
| Tenure | Freehold | Year Built | 1980 |
| Property Type | Hospitality | Parking Allocation | 1.2/1,000 sq ft |
| Property Subtype | Bed and Breakfast | Corridor | Interior |
| Costar Property Class | B |
| Price | £549,000 |
| Price Per Room | £109,800 |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Bed and Breakfast |
| Costar Property Class | B |
| Property Size | 3,188 sq ft |
| No. Rooms | 5 |
| No. Floors | 2 |
| Year Built | 1980 |
| Parking Allocation | 1.2/1,000 sq ft |
| Corridor | Interior |
AMENITIES
- High Speed Internet Access
- Bed & Breakfast
- Public Access Wi-Fi
- Smoke-Free
- Fully-Equipped Kitchen
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | sq ft |
|---|---|---|---|
| Suite | 1 | £160.00 | - |
| Guest Room | 4 | £137.00 | - |
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