$2,451,534

Weddings & Events/Rural Retreat Business Freehold Country Mansion

---Europe/St Andrews, Fife, Scotland
Financials
  • Price: $2,451,534
  • Gross Income: $243,896
  • Cash Flow: $0
  • FFE: $0
  • Inventory: $0
  • Real Estate Value: $0
  • Source Data:
About the Business
  • Listing ID: #CQ215
  • Year Established: 0
  • Financing:
  • Training:
  • Facilities:
  • Competition:
  • Growth:
  • Employees:

Property Descriptions

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.

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Business Listed By

Andrew Hudson Ickenham House, 2-4 High Road, Middlesex, UB10 8LJ , ---Europe, Ickenham