Thornhill House and Lodge are 5 and 4 double bed (all ensuite) substantial stone built houses which were converted and completely renovated in 2016/17 from an historic Coaching House.
Highly rated at 4.82 from 100s of reviews and licenced by Stirling Council the properties enjoy excellent occupancy and profitability. The business is operated on a hands off basis with a professional changeover team using hotel grade hired linen. Marketing is limited to Airbnb, Booking.com,VRBO and Tripadvisor.
The current owners look to sell due to other business interests, hence there is scope to substantially increase profitability through greater owner involvement.
- Asking Price:
- £950,000 Furniture / Fixtures included
- Turnover:
- £100K - £200K
- Net Profit:
- £50K - £100K
Property Information
- Property:
-
Freehold
- Living Accommodation:
-
As an option, the smaller house could be used as living accommodation and the larger house run as a holiday let
- Location:
-
Thornhill is a conservation village with a superb central location close to Stirling Ideal for exploring Loch Lomond & The Trossachs National park. 15 mins from Stirling, 30 mins from Gleneagles, 40 mins from Glasgow and 45 mins from Edinburgh
- Premises Details:
-
The property comprises of the two original parts of a historic 18th Century Coaching Inn and is the centre of Thornhlll
- Size in square feet:
- 3,770
- Planning Consent:
-
Planning permission was granted to change this building from a small hotel into two residential holiday lets
- Energy Performance Rating:
- E
Business Operation
- Expansion Potential:
-
Plenty of opportunity to market these properties fully
- Competition / Market:
-
Not much competition in the area, as there are next to no 5 bedroom and 4 bedroom houses all with en suites which is a major selling point
- Reasons for selling:
-
Semi retiring, other business interests
- Trading hours:
-
N/A
- Employees:
- 0
- Years established:
- 7
Other Information
- Support & training:
-
Handover offered
- Furniture / Fixtures value:
- £20,000 - included in the asking price
- Home based:
- This business can be run from home.
