74 Perth Road
Size: 4,074sq ft : 378sq m
Type: Business for Sale
Well presented throughout
Genuine potential for development of business
Offers Around £295,000
EPC band rating G (BER 131)
SummaryThe subjects comprise a well presented and good quality, modern guest house with owners accommodation arranged over the ground and first floors of a detached Victorian villa which historically would have been a residential dwelling.
LocationThe subjects are located on the east side of Perth Road to the north of Cowdenbeath town centre.
Cowdenbeath is a strategically well placed town situated approximately 5 miles west of Dunfermline, adjacent to the A92 dual carriageway. It lies a short drive from the M90 motorway, providing good access to Edinburgh and further afield, and the town benefits from a busy local railway station.
Edinburgh’s busy and expanding International Airport is within a relatively short travelling distance, and is accessed by means of the recently completed Queensferry Crossing, basically the new bridge over the River Forth.
DescriptionThe subjects comprise a well presented privately owned licensed hotel, with owners accommodation arranged over the ground and first floors of a detached Victorian villa which historically would have been a residential dwelling.
The hotel is entered by means of a vestibule towards the southernmost end of the front elevation, and this leads into the main circulation hallway.
Entered from the vestibule is a guest dining room and a lounge bar, together with the kitchen area which is fitted with a range of floor and wall units.
Leading off this portion of the property is the owner’s accommodation which includes master bedroom with en suite, office, small lounge and toilet.
At first floor level are the 6 letting bedrooms, all of which have en suite facilities, 2 further rooms, and a shower room.
The letting rooms are comfortably furnished and have televisions and hostess trays.
To the rear of the site is an enclosed and an area of off street parking.
The subjects have a gross internal area of 378 sq m (4,064 sq ft). We would summarise the accommodation as undernoted: -
Ground Floor Entrance
Vestibule, hallway, lounge bar, dining room, kitchen, owners bedroom and lounge, office, toilet.
6 letting bedrooms with en-suite facilities, shower room, 2 further rooms, general storage.
BusinessOur clients have been operating the establishment to suit their lifestyle for the past three years, and whilst trading below the VAT threshold at the moment, the Premises Licence has been retained, and incoming purchasers would be able to drive the other elements of the business forward on a more focussed basis, to include the provision of food and drink to both guests and the general public.
At present the subjects offer bed and breakfast only, but enquiries are regularly received for possible function bookings, though only occasional funeral teas are currently accepted.
A healthy level of repeat custom is reported, and the establishment welcomes both tourist and commercial trade, as well as those attending the regular stock car race meetings held in the town, and major events at Knockhill Racing Circuit.
Our clients currently operate the establishment themselves, with no staff employed, and are now looking to retire from the trade.
Accounts can be provided to seriously interested parties, only after viewing.