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Built in 1893, Cedar Villa is an attractive semi-detached
Victorian Villa constructed from traditional sandstone. It occupies
a prominent position on Kenneth Street in Inverness, a 5-minute
walk from the city centre, in a great trading position to capture
passing trade from passing tourists going to Loch Ness and onwards
to Fort William. Operating all year round, this 6-bedroom guest
house offers warm and welcoming accommodation mainly to tourists in
the summer and longer stay contractors in the winter. With a wealth
of original features, viewing is highly recommended to truly
appreciate the potential and the lifestyle opportunity that Cedar
Villa has to offer.
Cedar Villa occupies a great trading position on Kenneth Street,
which connects to the busy A82 tourist route, and offers excellent
visibility and frontage. The surrounding area has further
commercial uses and a number of residential dwellings, with a
number of additional attractive Victorian buildings. Inverness is
commonly regarded as both the commercial and tourist capital of the
Highlands and provides a great range of amenities, shopping
facilities and leisure services for tourists and locals alike. The
city centre can be reached in 5 minutes. There is a global market
for tourism in Inverness and the surrounding Highlands and as such
many visitors seek accommodation within the city. Attractions on
offer in the region include the Whisky Trail, Loch Ness and many
historical points of interest. Perhaps the most enticing feature
for the global tourism trade is the exceptional scenery on offer in
the surrounding area, ranging from sandy beaches to striking
mountains and lochs. Transport options are excellent, with
Inverness having a central railway station offering direct
transport across Scotland and a dedicated sleeper service to
London. Inverness airport 8 miles to the north-east of Inverness
offers a number of domestic and European flights, whilst the A82
and A9 both offer direct routes to the North and South.
Trading Figures
The business trades profitably all year round. There is also a
great opportunity to increase revenues by serving evening meals,
obtaining an alcohol licence, and undertaking a specific marketing
campaign. The business currently trades beneath the VAT threshold.
Full trading figures will be available after formal viewing has
taken place.
Summary
The sale of Cedar Villa is a wonderful opportunity to purchase a
long-established bed and breakfast business a short walk from the
centre of Inverness in the heart of the Highland tourist trail. It
benefits from all-year-round trade, with a mixed clientele, and is
offered in true walk-in fashion. It is an easily managed business
that is ideal for a husband and wife team.
Services
The property has mains water, drainage and electricity. It is
fitted with a combi boiler and gas central heating.
Tenure
The property is held on the Scottish equivalent of Freehold.
Price
Offers in the Region of £475,000 are sought for the heritable
property, fixtures, fittings and goodwill of the business. Items of
a personal nature are to be excluded from the sale.
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