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Profitable Freehold Luxury Holiday Letting Business With Huge Potential.

Stirling & Surrounding, Stirling

Asking Price £740,000
Turnover £84,000

Business overview

Luxury converted 18th C Coaching Inn- now 2 substantial rentals with a total of 9 double ensuite rooms- unique in the area.
Highly profitable with huge further potential.

Business details

  • Property type
  • Net profit
  • Accommodation
  • Staff
  • Property value
  • Reason for sale

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Business description

Two meticulously renovated and profitable holiday rentals with huge potential. Perfect touring base in Central Scotland.

Our core business interests are in Property Development and Residential Letting. Unfortunately we don't have time to market and run this business to its' full potential- the quoted figures (easily demonstrable) are at less than 30% occupancy.

The business has 2 substantial stand alone properties- one with 5 double bedrooms which are all en suite and one 4 bed again all en suite.The houses are very similar in floor area.

The 5 bed has been trading for around 18 months , the 4 bed for just 6 months. Again, obvious potential to increase profitability on an annual basis.

The properties have Superhost status on Airbnb with 60+ 5* reviews on our our listing.

The current turnover and profit, based on this calendar year and just 6 months trading of the 4 bed house, come from just 2 websites with very little input and no further marketing. so a new owner with the relevant skills could easily increase this dramatically.

All systems and suppliers are in place including professional laundry rental and cleaning services, meaning profitability could be greatly enhanced by an owner/occupier undertaking these tasks.

The building was totally renovated in 2016/17, and converted into one 5 bed and one 4 bed unit. All inventory is of a high quality.

There is a large car park which offers development potential subject to the relevant consents.

The property would make a great addition to an existing operation or an entry into this attractive marketplace.

Business location

Stirling and the M9 -15 minutes.
Stirling Castle 20 minutes. Gleneagles 30 minutes.
Very close to Loch Lomond and the Trossachs National Park

Sector specific information

  • Number of letting rooms
  • Occupancy rate
  • Number of weeks trading

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