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Bridgend Terrace, Turriff, Aberdeenshire, AB53 4ES

Offers In Excess Of £380,000Freehold

752

Key Information

Tenure:Freehold
Council tax band:Not available

Key Features

4 En suite letting rooms
Amazing lifestyle business opportunity
Exceptionally presented and maintained
Large private car park
Prime trading position
STLL : AS00006F
Strong trading figures and excellent margins
Walk in condition

Description

Architect designed purpose built house offering perfect blend between Guest House and Family Home.

Nestled on the southern fringe of Turriff, Deveron Lodge Guest House presents a rare opportunity to acquire a thriving business in a picturesque semi-rural setting. This purpose-built property, constructed in 2005, offers panoramic views of the Burn of Turriff and the town beyond, whilst being just a short stroll from the bustling town centre.


Guest Accommodation


The ground floor boasts four immaculately presented en-suite rooms, including one twin, one double, and two singles. Each room features:


- En-suite shower room


- Smart TV with Freesat


- Safe


- Hairdryer


- Kettle and hospitality tray


- Alarm clock radio


- USB charging sockets


- Mirrored wardrobe


Owner's Accommodation


The first floor provides a private haven for the owners, accessible via a separate side entrance. It includes:


- Large open sitting room with gas fire and wood-effect log-burning stove


- Three double bedrooms (one currently used as an office)


- Family bathroom


- Ample storage throughout


- Stunning views of Turriff and the surrounding countryside


Business Potential


Deveron Lodge has been operating successfully since 2006, with the current owners at the helm since July 2016. The guesthouse maintains an impressive average room occupancy rate of 65%, with monthly variations between 50% and 85%. The diverse clientele includes business travellers, extended-stay guests, wedding attendees, and leisure tourists exploring the rich attractions of Aberdeenshire.


Location


Turriff, a vibrant agricultural town in the heart of Aberdeenshire, offers a wealth of amenities including:


- Shopping facilities and business services


- Primary and secondary schools


- National retailers and specialist shops


- Library, sports centre, and swimming pool


Perfectly positioned for exploring the north-east of Scotland, Turriff is:


- 45 minutes north of Aberdeen


- 15 minutes south of Macduff


- Close to castle and coastal trails


- Near world-renowned whisky distilleries


- A short distance from prestigious links golf courses


The nearby River Deveron, famed for its excellent salmon fishing, adds to the area's appeal for anglers and nature enthusiasts alike.


Deveron Lodge Guest House represents an exceptional opportunity to acquire a well-established business in a prime location. With its purpose-built design, stunning views, and potential for expansion, this property offers the perfect blend of comfort, convenience, and commercial success.

Services
The property has mains electricity, drainage and Gas Central Heating. The property also benefits from a state of the art Fire Alarm System.

Tenure
The property is held on the Scottish equivalent of a freehold.

Trading Figures
This is a very steady and profitable business. Full trading information will be provided only after formal viewings have taken place.

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Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
ÂŁ1,999 /mo.25 Years, 5% Interest
Loan
ÂŁ342,000
Total Repay
ÂŁ599,789

Commercial Land & Buildings Transaction Tax (LBTT)

You’ll have to pay the LBTT of:
ÂŁ7,500
0% up to ÂŁ150,000
1% between ÂŁ150,000 and ÂŁ250,000
5% above ÂŁ250,000
Your effective LBTT is 1.97%

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