No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Offers over£263,000 | 2,464 sq ft
Added > 14 days

Property for sale

Broad Street, Fraserburgh AB43
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Property
15 bed
0 bath
EPC rating: D*
2,464 sq ft / 229 sq m

Property description & features

  • PART OF BUSINESS INVESTMENT PORTFOLIO
  • 15 Bed Hotel Full Furnished ready to go
  • Owners/Manager's accommodation
  • Nightclub and Cocktail Bar
  • Large Restaurant with Large Kitchen with all utensils
  • Public Bar
  • Lounge Bar
  • Laundry Room
  • Reception Area
  • Storage areas

PART OF BUSINESS INVESTMENT PORTFOLIO

This property is 6 of 6 properties being sold as a portfolio. Income is being achieved on a nightly basis involving ABNB and Booking.com.

As part of the portfolio within the properties they encompasses the following key features:

1. All properties are fully furnished and most of them are making a nightly income of between £120-160 per night

2. All properties have streaming facilities with tv shows, sports and movie packages.

3. All fully furnished with extra sets of bed linen for nightly changeovers

4. One booking alone will bring in £4000 in a 3 week period next month

5. Facilities include in one house fully fitted out gymnasium, sauna, Tanning booth, and 12 man hot tub in garden

6. All residential properties have recent gas and electrical safety inspection certificates including all PAT test

7, Carry on with ABNB or Booking.com and utilize many other booking engines

8. Build your own website or have the search engines do it for you for free

9. Owner lives abroad therefore wants a quick cash sale. On this emphasis he is willing to discount the whole portfolio by £100,000 for quick sale

10. The closed hotel has lounge bar , public bar, restaurant, nightclub, conference room and owners accommodation and could all be changed to SA accommodation like all the others

11. Government has just announced a multi million pound "Acorn" project at Europe's Biggest Gas plant 15 mins away providing 25,000 new jobs

12.All properties can take out large nightly contracts on a long term basis

13. New Offshore Windfarm HQ recently opened in Fraserburgh

14 Offered for quick sale with everything included... just take over and make money

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested in viewing the Home Report, please call us.

Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion. 

Property information from this agent

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    Let Property was founded in 2021 as an innovative new solution to facilitate property sales between Landlords. It has grown to become the UK’s leading investment sales agency and now offers a full service to investors allowing them to access Management, Legal and Finance service through a single point of contact service. Let Property has grown to provide the best possible solution to a long standing issue where landlords have always struggled or been unable to sell a property with a sitting tenant. Let Property provides you with access to a powerful network of both buyers and sellers based on whether you are looking to sell your property with a sitting tenant or begin investing into lucrative properties across the UK. And it’s more of an advantage to the sellers to sell through Let Property because we have direct access to the best pre-vetted buyers allowing for a quicker sale and at a higher price. With thousands of landlords entering the market every single year, Let Property acts as the leading solution to assist those new or established investors on their property investment journey by providing specialist support from our team of well trained investment consultants. Our unique approach to investment property agency has worked and you can see the success that we have achieved for our clients by viewing the sold listings on our website.

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    *DISCLAIMER

    Property reference 198618861. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Let Property - Glasgow.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area: obtained on October 24, 2016 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.