Retirement prompts guest house sales | Scottish Licensed Trade News

Scottish Licensed Trade News

Retirement prompts guest house sales

• Furain Guest House in Peterculter is one of two guest houses being marketed by Bruce & Co.

TWO established guest house businesses in the north east have come on to the market.

The properties, in Aberdeen and Carnoustie, are being marketed by Bruce & Co as the current owners plan to retire.
Furain Guest House is located in Peterculter, a suburb of Aberdeen, and has been under the same ownership for 30 years.
It is described as a ‘traditionally built’ Victorian-style property with eight en suite letting bedrooms, a residents’ lounge, conservatory and a dining room that can accommodate 24 people.
“Owned by our clients since 1974 and for sale only due to retirement, Furain Guest House represents an opportunity to purchase a high quality, beautifully presented Aberdeenshire property,” said Andrew Dodd of Bruce & Co.
“The business is currently trading successfully and benefits from its excellent reputation and regular referrals and recommendations, although there is potential for expansion.”
The Old Manor Guest House in Carnoustie, meanwhile, has five letting bedrooms, four of which are en suite and the other with access to its own private bathroom.
The property is set within extensive landscaped grounds and is close to several golf courses.
The town of Carnoustie has hosted the Open Championship on two occasions and counts golf tourists among its regular visitors.
In fact, the guest house is said to be a popular letting property for companies, organisations and players during golf tournaments.
The Old Manor Guest House has been run by the current owners for the past 11 years and, like the Furain property, is being sold due to their retirement.
Furain Guest House is on the market for offers over £749,000 for the freehold, while the Old Manor Guest House has a price tag of offers over £580,000 for the freehold.

Images – Furain Guest House in Peterculter is one of two guest houses being marketed by Bruce & Co.

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