Pitfaranne Guest House, 57 Crown Street, Inverness, IV2 3AY

DESCRIPTION

Pitfaranne Guest House is a well-presented building benefitting from great owners accommodation and a one bed self-catering apartment. The property also offers off street parking and an attractive courtyard. This boutique Guest House is a great lifestyle business which is ideally located just a 5-minute walk from Inverness city centre and close to restaurants, shops, cafes and bars with live Scottish music. The main building offers 5 bedrooms for letting with separate owners' accommodation equipped with a lounge, kitchen and bathroom. It also has a delightful outside sitting area for guests. Additionally, there is a 1 bedroomed self-catering apartment benefitting from a separate access. There is the option for owners to stay in the apartment and let out a further 2/3 bedroom suite which would increase further potential trading capacity.

TRADE

The vendors traded the business below the VAT threshold as a lifestyle choice and historically traded all year although made the decision to close in the Winter of 23/24. (Despite this the profit levels did remain fairly consistent). This desirable business has a good level of profitability with a significant level of future bookings which have increased substantially in recent years. This delightful Guest House offers competitive year-round pricing with options for room-only or bed and breakfast. There is a substantial opportunity to develop income further should that be desired. The business also has an excellent website where online bookings are welcomed at

REASON FOR SALE

The vendors have successfully operated Pitfaranne Guest House since 2018. It is their intention to retire from hospitality and move closer to family and friends, that brings this exciting opportunity to the market.

LOCATION

Inverness is the commercial and administrative centre for the Highlands of Scotland. It is a vibrant city with a population in the region of 50,000 and a geographical shopping catchment area spanning 10,000 square miles, with a potential catchment population of around 200,000. Within the holiday season, the City attracts many thousands of visitors who come to experience the Highlands in all its glory. Inverness has extensive facilities for residents and visitors boasting three golf courses, a theatre (Eden Court), an excellent indoor swimming complex, two cinemas, ten pin bowling and ample opportunity to enjoy an evening's entertainment at a range of venues. Inverness is a busy tourist destination with its population vastly increasing during the main tourist season. Whether it is a whisky trail, a boat trip on Loch Ness or a visit to one of the many accessible Scottish castles.

Pitfaranne is only a short walk from Inverness City centre and is ideally suited for an easy commute by professional tenants or visitors to the City. The Capital of the Highlands, Inverness is a busy thoroughfare boasting The University of the Highland & Islands, Raigmore District General Hospital, an International Airport and mainline Railway Station. Inverness is a vibrant centre for tourism and commerce, presenting many opportunities for expanding this established business.

THE PROPERTY

Pitfaranne is a very attractive property benefitting from clear signage. This charming semi-detached two-story house, built in the late 1800s, and comprises a stone built property with slate roof with a harled finish. The property benefits from double-glazing and is in excellent walk-in condition. The property has been sympathetically extended to include a one-bedroom self-catering unit with owner's accommodation being separately added in more recent times.
The main building comprises 5 letting bedrooms located to the front of the property. On the ground floor to the left are bedrooms one and two (both with en-suite facilities) and stairs to the upper floor. Proceeding to the rear of the building, there are storage cupboards on either side before entering the lovely main dining room. To the left of the dining room is a light and airy conservatory where guest can enjoy their breakfast. This leads on to the kitchen where there is also a separate utility room. The first floor contains a further 3 well-proportioned en-suite bedrooms.
Bedroom 1 - Twin bed with shower ensuite
Bedroom 2 - Twin bed with shower ensuite
Bedroom 3 - Double bed with shower ensuite
Bedroom 4 - Double bed with shower ensuite
Bedroom 5 - Family room with double bed and a single bed with shower ensuite

OWNER'S ACCOMMODATION

The owners' accommodation is secure and separate from the guest house accommodation. It comprises of 2/3 bedrooms, a lounge, kitchen and shower room, which if let out would offer a further opportunity investment. The lounge area contains patio doors which lead out onto a small private seating area. To the rear of the property there is both private parking and on-street parking with permits available.
To the rear of the car parking area there is a single garage, which the current owners use for storage.

SELF-CATERING APARTMENT

A modern self-catering apartment is attached to the guest house and features a separate private entrance. The apartment includes a bedroom upstairs with a one double bed, as well as a double sofa bed in the lounge downstairs.

The apartment boasts a modern shower room, a fully equipped kitchen with a washing machine, and a dining area in the lounge. The apartment also offers an alfresco seating area with a canopy in the courtyard. Wi-fi and off-street parking are also available.

GROUNDS

The grounds to the rear are well maintained and used as a sitting area and car park. The front of the building contains an attractive small, paved area, pleasantly laid out with shrubs and small trees. The large high-quality free-standing sign is also located at the front of the house.

SERVICES

The property benefits mains gas central heating and hot water. It has mains electricity, mains water and mains drainage.
There is Wi-fi throughout. The property has localised CCTV coverage.