Reference - 46665
Ulva Villa is an extremely well run bed & breakfast that has been owned by the current owners for over 19 years.
The property and business have been expanded to offer a total of 6 en-suite letting bedrooms, along with a self-catering 2 bed bungalow. The property has been placed on the market due to the current proprietor’s impending wish to retire.
The bed & breakfast trades for 6 months of the year and its quality is reflected in the number of positive reviews, along with the 3 * visit Scotland. Additional marketing is carried out but by its own informative website – .
The business enjoys much repeat custom, particularly due to its excellent location, which is 5 minute from the centre of Oban and just a five-minute walk from all transport, local bars, restaurants and visitor attractions.
The business is situated in the popular tourist resort town of Oban within the Argyll and Bute council area of Scotland. As well as catering for tourists, Oban has excellent facilities for residents including shopping, schooling, a hospital and other recreational facilities.
The bustling commercial harbour, which is located close to the business, provides regular ferries to Mull and the other Hebridean Islands and it is an important fishing port.
Located approx. 2 hours from the central belt, there are excellent bus and rail links to Glasgow, as well as season bus services operating to Edinburgh, Perth, Dundee and Stirling.
The current vendor keeps the trading figures beneath the current VAT thresehold.
Current year end accounts can be requested after a viewing by genuinely interested parties.
The business trades from April-October.
The business is currently managed by the owner’s.
The front of the main property is straight to street with the bungalow located to the rear, along with off street parking for 4-5 cars. The property also benefits from a garden to the rear.
Ulva Villa is a traditional stone built detached property, set over two levels with a separate bungalow to the rear.
The main entrance is from the front which in turn leads into a well-presented reception hallway.
The hallway is tastefully decorated and gives access to all areas, private and public.
The kitchen is located off the main hallway, is of generous proportions, and comes fully fitted with wall and floor units, along with appliances, and further benefits from a large breakfast bar in the centre of the room. The kitchen then gives access to the rear corridor and breakfast room.
The breakfast room is located to the rear of the property, along the end of the entrance hallway and comes fully equipped, benefiting from being well furnished with wooden tables and high-backed chairs, and is tastefully decorated in neutral décor with oakwood flooring.
Also located on the ground floor, you will find 2 letting bedrooms. The current owners only let 1 of these rooms with the other utilized by them. These two rooms are both en-suite, and with 1 only up for letting would offer immediate additional revenue, in what is an area of high demand for accommodation.
In addition, there is a third potential additional letting bedroom located on the top floor, which is currently used for storage. With minimal investment and works, this room, could very easily become a single room with a private bathroom, which is located on the mid landing of the main stairs. The owners accommodation benefits from a large lounge to the front of the property, along with large interlinked conservatory/sun room.
There are currently 6 letting bedrooms in use, with the potential to expand to 8. All of the letting rooms have en-suite facilities, and are located on the ground/first floors of the property.
There is a a garden room located to the rear of the property, which is self-contained and could also be owner’s accommodation.
The bedrooms comprise of a good mix of doubles
We are advised that the property is freehold
We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.
This is a superb lifestyle business opportunity to purchase two properties at a very attractive asking price.
A viewing is highly recommended to fully appreciate the property, location and business opportunity in general.