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Commercial Property For Sale. Weddings & Events/rural Retreat Business Incorporating Stunning Freehold Country Mansion House I

LISTING DETAILS
Firms For Sale ID:
35036
Vendor reference:
CQ215
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£1,950,000  
Turnover / revenue:
£194,000
Net profit / cashflow:
Undisclosed

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Weddings & Events/Rural Retreat Business Incorporating Stunning Freehold Country Mansion House in 15 acres
Ref. CQ215
Location : near St Andrews, Fife, Scotland
Asking Price : OIRO 1,950,000
Turner Butler has been appointed to invite offers of purchase of this recently refurbished mansion house incorporating a fully functional Weddings & Events business with multiple revenues streams and huge potential.
Freehold circa 1.8Million
Current Turnover circa 140,000 p.a.
Gross Profits circa 60,000 +p.a.
Ongoing /Future Bookings up to 2 years in advance
Very attractive EBITDA figures moving forwards-Year 3 Projections EBITDA circa 300,000 p.a.
There are currently 2 main strands to the business, weddings and events with the addition of exclusive lettings now refurbishment is complete.
Exclusive/Unique There are few other properties that provide this exclusive and unique environment, and which have the flexibility to work with weddings, corporates and holiday lets.
Amenities The house and supplementary accommodation (inc. stables) is a substantial asset in its own right and is finished to a very high standard (over 1mIllion spent on refurbishment). Planned expansion potential, new facilities completed 2019, sales and marketing carried out and top rating achieved.
Location very convenient for Edinburgh, Fife, St Andrews and Dundee, whilst still retaining rural environment
Significant opportunities for further development of the site to generate new revenues streams.
5 Star reviews on key portals inc. Trip Advisor, Google etc.