£139,995 Guide Price

Cromwell Street, Stornoway and Lewis, Western Isles, HS1 2DB

9 bedroom terraced house for sale

Property Details

We are delighted to offer to auction the beautifully presented Thorlee Guest House, enjoying prime central Stornoway location, overlooking Stornoway Harbour on Isle of Lewis.

The property is set out over ground, first and second floors and comprises entrance hall and pantry on the ground floor. Five en-suite bedrooms and utility room on first floor with a further four en-suite bedrooms, utility room and recently refitted kitchen on the second floor. With increasingly strong tourist demand in the area, this property offers an exciting opportunity to exploit this strength of interest and create a profitable business in an outstanding location. The property is finished to a high level throughout, and offers many attractive traditional features including sweeping staircase and high ceilings. Further benefits include newly fitted combi gas boiler system, double glazing and fire doors throughout.

The current owners chose not to operate as a Guest House business, but local market review would suggest that the room rate could, in peak season, potentially produce income in excess of £100 per room per night, and this income could be increased further with the additional investment, adaptations and permissions required to provide a full bed and breakfast service.

Interested parties should, of course, conduct their own due diligence with regards to income potential and required additional facilities/permissions. The published Rateable Value is £8700 which means this property could qualify for rates relief under the Small Business Bonus Scheme.

Isle of Lewis properties are always popular and this fantastic business potential, offered at a highly competitive Guide Price, is sure to attract high levels of demand. We recommend early expression of interest as this rare opportunity is expected to move quickly.

** Please note that whilst the purchase price is inclusive of fixtures and fittings, furniture, bedding, towels, crockery, etc are all available for purchase by separate negotiation **



Area:

Stornoway is the main town and port on the Isle of Lewis and is also home to the Western Isles Council. The town offers a range of retail and leisure options and also schooling at all levels as well as a technical college. Ferry routes connect the island to Ullapool on the mainland.



PURCHASERS NOTES

Please note that these particulars have been prepared by us on the basis of information provided by our client. If there is any aspect of these particulars that you wish clarified or that you find misleading, please contact the office where further information will be made available.

• No tests have been made of services, equipment or fittings.

• No warranty is given or implied as to the condition of buildings, services, fixtures, fittings etc.

• All measurements, distances and acres are approximate.

• Fixtures, fittings and other items are not included unless specified in these details.

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Official government advice is that the housing market should remain open subject to adherence of published safety guidelines. You can therefore still move home during the current lockdown.

Although the majority of our staff will be working from home there will still be someone working in the office. Access to our offices will be by appointment only so please ensure that you make arrangements with us via telephone or email before you visit to ensure that a colleague will be available to assist you. Please remember that you are required to wear a face covering before entering our premises and when attending appointments.

The safety and wellbeing of colleagues and the public in reducing the spread of Covid-19 remains paramount. We will be working in accordance with government guidance in England, Scotland and Wales.



This house description is based upon information supplied by the owner, or on behalf of the owner. These property particulars are produced in good faith and do not constitute or form part of any contract. s1homes do not take any responsibility for the accuracy of the information contained in this document.

If a property value displays '0', don't worry it just means no properties have been sold in that area during that time.

Source acknowledgement: Contains data compiled by Registers of Scotland. For further information, please contact data@ros.gov.uk.

Registers of Scotland is a government body responsible for compiling and maintaining property registers. There can be a delay of up to 3 months from when a property is sold to being recorded with Registers of Scotland. We provide house price data for your information only, we do not accept any liability for any errors.

If you have noticed any incorrect information, please contact info@s1now.com.

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Property History

  • Property added on 12 February 2021
  • New price Guide Price £139,995 as of 19 March 2021
    Was: Guide Price £150,000
  • 726 Viewed this page
  • 0 People currently watching
 

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