4-bedroom house · PH2 9LA
For saleListed 134 days
Opportunity summary
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About
Established & Well-Presented Bed & Breakfast Business on the Isle of Skye - For Sale Located in one of Scotland's Top Tourist Destinations Prominent Waterside Position with Views Across Broadford Bay Lifestyle Business with Scope to Develop Trade through Extending the Trading Season Attractive Opportunity for Owner-Operators Seeking an Entry into the Scottish Hotel + Leisure Sector Offered to the Open Market for the First Time in 50 Years Graham + Sibbald are pleased to bring to the market The Crees Inn For Sale.
The Crees Inn is a traditional licensed premises set in the Perthshire village of Abernethy, it is the only licensed premises in the village and its availability offers a fantastic opportunity for a hands-on operator to own and run their own business.
The Crees Inn offers a substantial restaurant and lounge bar area with a magnificent hand-made elm bar servery, as well as a snug area which, has been used as the breakfast room for residents.
There are 4 well presented en-suite letting bedrooms, in addition to a substantial owner's accommodation comprising 3-bedrooms, lounge and large kitchen.
Externally, the Inn has ample seating to the front as well as a large outdoor seating area to the rear, with private car parking located across from the outdoor seating.
The sellers have, successfully, owned and operated the business for 8 years and due to personal reasons shut the business, at the end of 2023. The Premises Licence remains in place.
Given the size of the building and extensive accommodation there may be a possibility of a conversion to residential properties.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About The Crees Inn, Main Street, Abernethy, Perth, PH2 9LA
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