Victorian Villa with Eight Letting Rooms and Owner's Apartment for Sale on Isle of Bute
Undisclosed, Argyll and Bute
- Status
FOR SALE
- Date Submitted:
21/12/23
- Advert ID
604222
- Reference
26706099 / Rightbiz
- Call Agent:
- Freehold: £650,000
- Turnover: On request
- Net Profit: On request
Key Features
- Established Business
- Retirement Sale
- Home Based
Business Details
Self Catering House with Owners Apartment Located on the Isle of Bute
Munro’s has been run by the current owners for over 16 years and in that time they have built up an excellent reputation for quality self-catering accommodation. It is an exceptionally popular option for both visitors and tourists to the area.
There are 8 letting rooms, 7 of which are en-suite. There is a capacious dining kitchen which is equipped with everything required to enjoy a self-catering break including a dining table for 12 people and an Aga log burner.
Under normal circumstances the business operates as self-catering accommodation however the current owners previously offered a bed and breakfast option which could easily be an alternative business model for the new owner.
This is an easily managed and well-run business that enjoys much repeat custom. The establishment maintains a consistent trade with a healthy turnover while the property is in good condition throughout. New owners will be able to commence immediate trading and benefit from a healthy income and strong demand for holiday accommodation.
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Listing Statistics
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
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.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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