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9 Matheson Rd 7 Room Hotel Stornoway HS1 2NQ $581,297 CAD ($83,042 CAD/Room)



Investment Highlights
- Turnkey business opportunity
- Excellent listed property
- Would suit live in management
Executive Summary
In the highly sought-after location of Matheson Road, we are excited to present to the market this well-established 7 bedroomed guesthouse. With an excellent reputation, the Victorian style listed building offers old charm as it retains the original character both externally and internally with high-rise ceilings, beautifully detailed Victorian coving, and skirting boards. A notable feature is the elegant sweeping staircase with a mahogany railing and cast-iron balustrades. This type of property is rarely found in the current market given the preserved Victorian style. Although the property is a guesthouse, the seller has managed to keep a warm and homely atmosphere which creates a relaxing and comfortable stay for all guests.
The spacious accommodation is situated over three floors; the ground floor comprises of a large dining room suitable for seating several guests, lounge, a well-equipped kitchen, pantry, utility room and WC; the first-floor features four bedrooms, three of which are ensuite, and there is also a shared bathroom. The top floor which is currently used as the owners’ quarters comprises of three bedrooms and a shower room. The property features easily maintained garden grounds to the front, side and rear with two outbuildings and a gravelled, gated driveway providing a suitable and secure parking area for your guests.
With a prime location in the heart of Stornoway, Fernlea Guesthouse provides an excellent “home and income” lifestyle opportunity making it an ideal investment. The business holds a respectable 4.5 star rating out of 5 on Trip Advisor. The accommodation is within walking distance to the Stornoway Town Centre where all local amenities can be found such as restaurants, supermarkets, local boutiques, and a leisure centre.
The spacious accommodation is situated over three floors; the ground floor comprises of a large dining room suitable for seating several guests, lounge, a well-equipped kitchen, pantry, utility room and WC; the first-floor features four bedrooms, three of which are ensuite, and there is also a shared bathroom. The top floor which is currently used as the owners’ quarters comprises of three bedrooms and a shower room. The property features easily maintained garden grounds to the front, side and rear with two outbuildings and a gravelled, gated driveway providing a suitable and secure parking area for your guests.
With a prime location in the heart of Stornoway, Fernlea Guesthouse provides an excellent “home and income” lifestyle opportunity making it an ideal investment. The business holds a respectable 4.5 star rating out of 5 on Trip Advisor. The accommodation is within walking distance to the Stornoway Town Centre where all local amenities can be found such as restaurants, supermarkets, local boutiques, and a leisure centre.
Property Facts
| Price | $581,297 CAD | Building Class | B |
| Price Per Room | $83,042 CAD | Lot Size | 0.08 AC |
| Sale Type | Investment | Building Size | 3,500 SF |
| Tenure | Freehold | No. Rooms | 7 |
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built | 1965 |
| Price | $581,297 CAD |
| Price Per Room | $83,042 CAD |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.08 AC |
| Building Size | 3,500 SF |
| No. Rooms | 7 |
| No. Stories | 3 |
| Year Built | 1965 |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 7 | - | - |
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