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Businesses For Sale > Business For Sale in St Andrews, Fife, Scotland, UNITED KINGDOM - UK (UK)

CQ215-Fife, Scotland-£1,950,000-Weddings & Events/Rural Retreat Business Freehold Country Mansion for sale in St Andrews, Fife, Scotland, UK

St Andrews, Fife, Scotland, UNITED KINGDOM - UK (UK)

Asking Price: Gross: Cash Flow:
£ 1,950,000 £ 194,000 Undisclosed

Business Summary:
Weddings & Events/Rural Retreat Business Incorporating Stunning Freehold Country Mansion House in 15 acresRef. CQ215Location : near St Andrews, Fife, ScotlandAsking Price : OIRO £1,950,000Turner 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 environmentSignificant opportunities for further development of the site to generate new revenues streams.5 Star reviews on key portals inc. Trip Advisor, Google etc.

Seller Reference Number: CQ215 Listing Number: 244571