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Serviced studio apartment for sale
Pitfaranne Guest House, Highland
£549,000
Pitfaranne Guest House, Highland
£549,000
Our Summary
- There is the option for owners to stay in the apartment and let out a further 2/3 bedroom suite which would increase further potential trading capacity
- There is a substantial opportunity to develop income further should that be desired
Description
Pitfaranne Guest House is a charming boutique hotel located in Inverness, Scotland, just a 5-minute walk from the city center. The property features 5 letting bedrooms, a separate owner's accommodation, and a self-catering apartment with a private entrance. The main building has been sympathetically extended to include a one-bedroom self-catering unit, and the property benefits from clear signage, double-glazing, and a lovely courtyard. The guest house has a good level of profitability, with a significant number of future bookings and impressive ratings on Booking.com and Trip Advisor. The property is an excellent lifestyle business opportunity, with the potential to increase income further. Inverness is a vibrant city with a population of around 50,000 and a geographical shopping catchment area spanning 10,000 square miles, making it an ideal location for a guest house. The vendors have successfully operated the business since 2018 and are now looking to retire, making this an exciting opportunity for potential buyers.