Two Freehold Holiday Apartments in Dumbarton

Dumbarton, Dunbartonshire
REF: S08128

Asking Price:
£189,950
Annual Turnover:
£32,000
Annual Net Profit:
£14,000
Reduced
REF: S08128
Photo of Two Freehold Holiday Apartments in Dumbarton
Photo of Two Freehold Holiday Apartments in Dumbarton
Photo of Two Freehold Holiday Apartments in Dumbarton
Photo of Two Freehold Holiday Apartments in Dumbarton

Overview

Tenure:
Freehold
Established:
2017
  • Excellent reputation
  • Spacious premises
  • Well-equipped premises
  • Recently refurbished premises

This is a unique opportunity to acquire two freehold holiday apartments in Dumbarton, Scotland, which are advertised on Airbnb, booking.com, TripAdvisor, and VRBO. The current owner first set up this property portfolio in 2017 and has seen enormous success in listing the apartments. The business has a 70% occupancy rate throughout the year, with almost 100% occupancy in the summer months.

Over the past four years, the apartments have gained an excellent reputation and amassed hundreds of 5-star reviews over the various listing platforms. This is a testament to the beautiful, well-equipped, and recently refurbished apartments, with most visitors clearly enjoying their stay.

The two apartments are called Dumbarton Castle Way and Dumbarton Hillview. Both properties are spacious, exclusive 1-bedroom apartments and are fully fitted to provide all home comforts. They are comprised of a living room, bedroom, kitchen, bathroom, and hall.

The apartments are fully fitted to an extremely high standard and come with complimentary toiletries and towels for the duration of a visitor’s stay. WiFi and Netflix are even included in the rental price.

The apartments have a brilliant location in the picturesque town of Dumbarton and are extremely attractive to tourists, looking to visit Glasgow and West Scotland.

Both apartments are located on a quiet, residential street, with street parking outside and proximity to good transport links. The location is ideal for holidaymakers, either for travel into Glasgow or as a gateway to Loch Lomond and West Scotland.

All equipment will transfer over with the business sale, including tableware, cutlery, bed linen, furniture, and much more.

A time-limited handover period can be negotiated with the current owners.

This would be the ideal opportunity for someone with an existing property or holiday apartment portfolio, that is looking to expand. It could also be perfect for someone looking to start their own portfolio.

There is huge potential for growth with his business, as although the apartments have almost 100% occupancy during the summer months, there is massive scope to expand occupancy and attract clients out of season.

Location

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  • On-site car parking
  • Good transport links
  • Residential area

Property

Rates
TBC
Accommodation Included
No
Freehold Property Value
£170,000
EPC Rating
TBC

Financial & More

Annual Turnover
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Annual Net Profit
XXXX
Stock at Valuation
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Company Accounts
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Trading Entity
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Management Structure
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Number of Employees
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Current Ownership
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