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Highly Profitable 24 Bedroom Hotel Business S.E Scotland For Sale

Eyemouth, Scottish Borders, UK
Asking Price:
£895,000
Turnover:
Available on request
Net Profit:
Available on request

24 en-suite bedroom modern budget hotel. Substantial freehold property with large car park and additional land. Very profitable business – ANP c.£180,000. Easily operated business with minimal staff requirement. Located just off A1 between Edinburgh and Newcastle. Built 2008 and opened 2009.

Freehold guide price £895,000

The hotel is located in a prominent position on Toll Bridge Road, alongside a busy filling station in the popular Berwickshire town of Eyemouth. Eyemouth sits on the east coast of Scotland just off the main north to south A1 routing. Berwick upon Tweed is around 8 miles to the south, Newcastle around 72 miles to the south and Scotland’s capital Edinburgh around 50 miles to the north east and reachable within a 1 hour drive.

The town still has a busy working harbour and caters for most types of seafaring activity along with servicing and repair works for both fishing and commercial vessels.

The area attracts many tourists, especially during the summer months, to the sandy beaches and clear sea.

Eye Sleep Over offers 24 en-suite double rooms over 2 floors on a room only basis. 2 of the rooms on the ground floor are DDA compliant and all rooms can be set up as a twin or double with flat screen TV and WI-FI access.

The business is operated by the owner, along with a manager and a further housekeeping staff member when required and is run in such a manner that there is no requirement for someone to be on site all time.

The Eye Sleep Over offers an ideal opportunity for a party to take on a modern hotel property which has huge scope to develop what has already been put in place.

Freehold. A guide price of £895,000 is sought for the heritable interest in the property and all fixtures & fittings pertaining thereto.

Property Information

Property:

Freehold

Location:

The hotel is located in a prominent position on Toll Bridge Road, alongside a busy filling station in the popular Berwickshire town of Eyemouth. Eyemouth sits on the east coast of Scotland just off the main north to south A1 routing. Berwick upon Tweed is around 8 miles to the south, Newcastle around 72 miles to the south and Scotland’s capital Edinburgh around 50 miles to the north east and reachable within a 1 hour drive.

Premises Details:

Ground Floor: Entrance is made via an electronic door which can be set on sensor or card activated. The lobby is bright and airy with comfortable seating and coffee machine. Behind the reception counter is an office and canteen with a WC just off. There are 13 en-suite double rooms on the ground floor, 2 of which are DDA compliant. There is also a linen room and store.

First Floor: The first floor is accessed by a stairway at either end of the property and has a further 11 en-suite double rooms. There is also further storage on this floor.

Business Operation

Expansion Potential:

There is plentiful car parking and the current owner has been approached by companies looking to install Electric Vehicle chargers which would add turnover and potentially attract further business. There is also further land available should the site ever be developed by way of an extension or for other use.

Years established:
12

Other Information

Related Documents:

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