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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.