Reference - 46294
Description
Scooniehill Guest House is an extremely well ran business that has been ran by the current proprietors for just under two years. The property has been placed on the market due to the vendors other business interests. Scooniehill trades throughout the year, with its quality reflected in the number of awards it currently holds such as being rated 4.5 stars on
It enjoys much repeat custom, particularly due to its stunning location on the outskirts of St Andrews, with commanding views over the town and being close to all local attractions and transport links.
Scooniehill Guest House offers a rare opportunity to purchase a profitable leasehold business within a much sought after locale, with excellent accommodation for both guests and owners.
Situation
St Andrews is a former royal burgh on the east coast of Fife in Scotland. The town is home to the University of St Andrews, the third oldest university in the English-speaking world, the oldest in Scotland and one of Britain's most prestigious. The University is an integral part of the burgh, and during term time students make up approximately one third of the town's population. St Andrews has a population of 16,680, making this the fifth largest settlement in Fife.
Building Internal
Scooniehill Guest House is a traditionally built Farm Cottage which has been well maintained by the current vendors. The property sits prominently within its own grounds on the outskirts of St Andrews in Scooniehill Farm. The property is presented to a good standard with neutral décor throughout, and is now offered in true walk in condition. The main entry is from the front that leads into a conservatory sitting area, which in turn gives access to all accommodation, public and private areas.
To the right off the hallway on entry you will find the owners lounge along private owners lounge. Directly ahead on entering the hallway you will find the kitchen, which benefits from being fully equipped with electric range and oven. The kitchen has ample work surfaces together with wall and floor cupboards. The dining room is to the left and is of good proportions, located directly next to the kitchen. The Dining room is well presented and benefits from a feature fireplace and comes fully furnished with wooden tables and chairs.
Moving up the stairway from the hall, you will find the letting rooms.
Letting Accommodation
Located on the first floor of the property you will find the 3 letting bedrooms all of which have en-suite facilities. The bedrooms all benefit from zip and link beds and as such can be set as either kingsize doubles or twins. The bedrooms have been tastefully decorated in neutral colours and are well furnished in keeping with the period of the property. All letting bedrooms come complete with LCD televisions and hospitality trays.
Owners Accommodation
Situated on the ground floor, off the hallway, you will find the owners accommodation. These comprise of a spacious double bedroom, lounge and private bathroom.
Service Areas
As expected with a property the style and size of Scooniehill there is ample storage cupboards on all floors.
Building External
The front of the property leads directly out to a private walled garden. The gardens are laid mostly to lawn with mature borders and trees. There is ample parking around the property. In addition there is also a single garage.
Services
We are advised the property has mains electric and water, with septic tank and oil fired hw/CH
Tenure
The property is held on the Scottish equivalent of leasehold.
We are advised the current rental is £15000 per annum, with a lease that expires in November 2020. We are advised that the landlord would be happy to extend the lease on the current terms.
Accounts
Accounts are available on request after a formal viewing has taken place.
Summary
The sale of Scooniehill Guest House offers a rare opportunity to purchase a high quality, beautifully presented property which is trading well but with potential for expansion of the business. It benefits from its highly desirable location and reputation as one of the area’s best guest houses, with a reputation for excellence.
Price
oiro £42,000 are sought for the leasehold, fixtures, fittings and goodwill. Stock in trade will be additional at valuation.
Inventory
An inventory will be compiled to detail all items of a personal nature excluded from the sale and items subject to lease; this will be available to all parties wishing to offer.
Viewing
Strictly by appointment through the sellers’ sole agents, Bruce & Company. Please remember when viewing that staff and locals may not be aware that the business is on the market and we would be grateful if you do not talk openly about the business while in the area.
Disclaimer Property descriptions and related information displayed on this page are marketing materials provided by Bruce & Company. estateagents365.uk does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Bruce & Company for full details and further information.