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Luxury self-catering accommodation business in Caithness

Wick

Advert ref: 1007SAF

The Business Partnership are delighted to present to the market Duncorann House & The Lorne Apartments. This excellent business opportunity offers four generously sized 4* self-catering apartments. Each of the apartments are finished to a high standard and well equipped with a wide range of modern furnishings.
The business trades to a sound level, but with opportunity to further increase turnover. The apartments benefit from many repeat customers, predominantly workmen who work on the many local projects in renewables, offshore, wind farms etc. There are many projects ongoing in the area. The business can take bookings through its modern website https://caithness-apartments.co.uk/

Key features:

  • Four outstanding self-catering apartments offering a superb lifestyle/investment opportunity
  • Finished to an extremely high standard, comfortably achieving 4* Visit Scotland grading
  • Excellent forward bookings particularly with business travellers, ideally situated to benefit from the many projects going on in the area

Property Details:
Asking Price: Offers Invited
Location:

The business is ideally located in a central position in the royal burgh of Wick. Wick is located in the far north of Scotland, approximately 95 miles north of Inverness. The town is served by the A9 trunk road, regional airport and the far north railway line. Tourism is a key driver of business in the area being situated on the hugely popular North Coast 500.

Premises Details:

This attractive and substantial period property has seen significant investment over recent years, bringing it up to its current high level. The business retains many original features including high ceilings, large windows and cornicing but also tastefully blends modern finishing’s such as feature lighting and laminate flooring. The main entrance is from the front which leads into a communal reception hallway, giving access to 3 of the apartments. Each apartment benefits from a security keypad, giving access to residents.
Large executive apartment – (sleeps 1-2) - stunning one-bedroom open plan apartment includes a superb en-suite whirlpool bath. The apartment benefits from its own entrance and comprises of a spacious open plan living area. It has a large kitchen, dining area and lounge area. All newly refitted with full kitchen area and all appliances and equipment. (Electric Oven, Hob, Extractor Hod finished to a high standard with soft furnishings.
3 bed luxury apartment – (sleeps 3-5) Superior 3 bed apartment combining period style, spacious rooms and many original features. Currently configured as 2 super king/twin bedrooms (1 en-suite) and 1 Single/Double Bedroom. Large lounge and dining kitchen, long hallway, family showeroom, vestibule. Ideal for 3-5 guests with flexible letting options.
2 bed apartment - (sleeps 2-4) Two large en-suite bedroom suites. Newly fitted and equipped kitchen, long hallway. This well-appointed and generously sized self-contained accommodation is fully fitted with modern appliances included. 
2 bed apartment - (sleeps 2-6) Comprising 2 bedrooms and 2 Shower-rooms (one a walk in wet room), very large open plan area with fully fitted and equipped kitchen, dining area, lounge area and small vestibule.  The living area benefits from a fully equipped modern kitchen, dining area and lounge area. Off the living area you will find a spacious double/family bedroom and a shower room. Off the vestibule is second bedroom. The apartment is newly refitted and decorated so well presented and tastefully decorated.

Reason For Selling:
Due to health issues, it is through a genuine wish to retire that the current proprietor places this excellent business opportunity on the market. 

Luxury self-catering accommodation business in Caithness  Wick

Financial Details

  • Turnover: undisclosed
  • Net profit: undisclosed
  • Fixtures value: undisclosed
  • Stock value: undisclosed
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