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Guest House & Cafe Near St Andrews For Sale

Crail, Fife, UK
Asking Price:
£450,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
£80,000
Net Profit:
Available on request

A rare find, The Honeypot Guest House & Tearoom is a very popular licenced cafe offering guest accommodation in an enviable coastal setting in the Royal Burgh Of Crail, arguably one of the finest locations in Scotland for a business of its kind.
The property is presented in truly walk-in condition with access to immediate trading income, showing
strong profitability with further potential to increase trade if desired.
Includes owners accommodation, private parking to front and a garage to the rear with a lovely well maintained south facing walled garden.
The location is perfect for those wishing to run a true lifestyle business in a sought after seaside location and live close to the lovely town of St Andrews which is a ten minute drive along the coast.

Property Information

Property:

Freehold

Living Accommodation:

Owners living accommodation can be found on the ground floor

Two double bedrooms
Kitchen
Dining Kitchen
Living Room
Shower Room

The split-level lounge has a large south facing bay window, marble gas fire and wooden mantle. The owners currently utilise one bedroom on the ground floor as an office and use the dining kitchen to compliment the catering operation.

Location:

The property is situated in The Royal Burgh of Crail, famed for having one of the prettiest and most photographed harbours in the UK. This delightful guest house and cafe is positioned right in the middle of the historic centre within this charming historic village, sitting snugly along a coastline dotted with ancient fishing villages, seaside cottages, picturesque harbours, sandy beaches and world-renowned golf courses on its doorstep. The location is perfect for those wishing to run a true lifestyle business in a sought after seaside location and live close to the lovely town of St Andrews which is a ten minute drive along the coast.

Premises Details:

A well established and substantial three bedroomed guest house with ample owners accommodation and single storey café extension. The garden is south facing, extremely well presented with a path and steps leading to an area of lawn where there is a large modern garage. There is parking for three cars at the front of the property.

Letting Accommodation - Upper Floor
Guests have their own separate access from the rear of the building and all three bedrooms are located on the upper-floor level

Triple room with en-suite facilities and a window facing onto the main street
Double room with en-suite facilities and a window facing onto the main street
Twin room with south facing sea views, private bathroom with bath and shower

Cafe & Garden
The licenced cafe and garden offers dining for up to 40 customers in a contemporary style, the owners utilise the cafe to serve breakfast for overnight guests. There are separate ladies and gents toilets serving the cafe.

Energy Performance Rating:
G

Business Operation

Expansion Potential:

The existing cafe extension measures 400 sq ft and was originally added to compliment the buildings use as a small hotel in the 1950s, but also operated as a small shop until successfully trading as a licenced cafe for more than 20 years. Accordingly there is scope to develop or diversify an ancillary trade under any permitted change of use class. The business qualifies for 100% rates relief through the small business bonus scheme and attracts the lowest council tax charge, band A. The owners currently operate as a licenced cafe offering guest rooms with business hours that allow them to be as busy as they wish in order to satisfy their current semi retirement. Plenty opportunity exists to increase trade by adding a fourth bedroom or by extending the food and beverage offering into the early evening.

Competition / Market:

A rare find, the property is the only one of its kind in the area and trades exceptionally well, generating dual income sources from the licenced café and guest accommodation. The business has an excellent reputation and has received well over 3,000 positive written reviews, securing many awards including Trip Advisor Hall of Fame, Travellers Choice and a 9.8 scoring from Booking.com guests, the highest in Crail for serviced accommodation.

Reasons for selling:

Retirement

Trading hours:

Guest rooms, seasonally March till October ( with plenty of scope for increased trade )
Cafe, seasonally July and August ( with plenty scope for increased trade)

Employees:
Owner managed with two part-time staff during the peak summer months (July/Aug)
Years established:
14 successful years

Other Information

Website:
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Related Documents:

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