29 bedroom Commercial Property for sale in Merchant Street Peterhead AB42

Sale Price: £1,200,000

PETERHEAD PETERHEAD Peterhead, AB42 1BU

Commercial Property
29 Bed(s)
-- Bath(s)
Available

 Park House Business Centre,, , South Street,, , Elgin
*When you call don't forget to mention Overstreet.co.uk

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Street Address

PETERHEAD PETERHEAD Peterhead, AB42 1BU

Property description

Key features:
  • Prime Location
  • Excellent Condition
  • 8 Guest Houses
  • 30 Letting Bedrooms
  • Sleeps 55
  • High Profit Margins
  • Outstanding lifestyle opportunity
  • Freehold
  • Offers Over £1,200,000
  • Circa 30% ROI

Full description:
A wonderful opportunity has arisen to purchase a thriving guest house with a great reputation in the heart of Peterhead. Currently trading as a self catering guest house in the form of 8 separate dwellings with 30 multi-occupancy letting rooms between them, this business offers short and long term letting accommodation for the high numbers of professional personnel working in the area.
The business generates an excellent rental return in a locality that has witnessed a constantly high demand for such accommodation. The area benefits from year round trade and boasts potential to expand the business and take advantage of the demand for its services in the area.

Property Features :

  • Offers Over
  • Tenure: freehold
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