Hotel/guest house for sale in Keith, Moray AB55

£600,000
Hotel/guest house for sale
Interested in this property? Call +44 131 268 9615 * or Request Details

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Property features

  • Substantial hotel with 10 en-suite letting rooms, Restaurant & Lounge Bar 40 covers, breakfast area 25 covers.
  • Function Suite with 122 covers & Public Bar with 4 large booths, Flat Screen TV, Pool Table, Dj Booth and 170 capacity.
  • Owners’ accommodation, Two bedroom with Ensuite and family bathroom, large living space.
  • Call for more details & Viewing requests

Property description

Reference - 47195

Description
Ugie House Hotel is a substantial property that has traded as a hotel for several years, the current vendors have owned and operated the business since 2010 purchasing the freehold property in 2016. The property has now been placed on the market due to the current proprietor’s impending wish to retire from the tourist trade.

Keith is at the start of Scotland's Malt Whisky Trail, and has three distilleries: Strathmill, Glenkeith and Strathisla distillery, one of the oldest in the Highlands and since 1950 headquarters of Chivas Brothers, producers of Chivas Regal. Within the town’s immediate environs there may also be found Auchroisk, Aultmore and Glentauchers. The Keith and Dufftown Railway is an 11-mile heritage railway running to Dufftown.

Two annual events attract tourists to Keith. The first of these, the tmsa Keith Festival, falls on the second weekend of June and celebrates the traditional (and not so traditional) music of the area, providing entertainment in the form of concerts, ceilidhs, competitions and sessions. On the second weekend of August the town hosts the Keith Country Show. The show was founded in 1872 and every year promises days of prize-winning livestock and family fun.

Accounts
Current year end accounts can be requested after viewing by genuinely interested parties.

Trading Hours
The business trades all year round.

Staff
The business is currently managed by the owners on a day to day basis with a mix of full and part time staff.

Building External
The main entrance is off Church Road, this in turn leads to a large car park for approximately 15+ cars. The car park gives way to the front door and reception of the main hotel. To the right of the hotel, you will find the entrance to ‘Bert’s Bar’.

The function suite is accessed from the front of the property via its own private entrance. Also, to the front, you will find a large slabbed terrace seating area. The terrace can be utilized by the function suite, or from the sunroom to the front of the bar/restaurant.

Building Internal
The main entrance is from the front which in turn leads into a well-presented reception hallway. The hallway is tastefully decorated and furnished, giving access to all areas private and public.

Set over three and a half levels, the public areas are all located on the ground floor of the property. To the right of the reception, you are welcomed into the bar and restaurant. The bar restaurant benefits from a split-level design, with the upper level being used as the breakfast area for residents.

The lower level extends out to a spacious sunroom. The sunroom restaurant area can accommodate 38-40 persons, with the lounge bar having seating for approximately 40 persons by way of soft seating, along with occasion chairs and tables. The breakfast area can seat circa 20-25 persons. The bar restaurant is well presented and tastefully decorated and furnished.

The function suite is located to the left of the property. Benefiting from its own entrance, the function suite can accommodate 122 seated. The function suite further benefits from having its own bar and facilities. Again, the function suite is well presented with tasteful décor and comes fully equipped with banqueting tables and chairs.

Bert’s Bar is accessed from its own entrance directly off the front car park, or via the reception hallway from the hotel, down a set of stairs. The bar has recently been added to the property and has been a profitable and popular addition to the business. The bar is of modern design, with a large central bar, 4 large booths along with several wooden tables and contemporary chairs. The bar further benefits from a large screen TV, Pool table and dj booth. Bert bar has a 170-person capacity.

Letting Accommodation
There are 10 letting bedrooms, all of which have en-suite facilities. The letting bedrooms are all located on the first floor of the property. All the bedrooms have been individually furnished and decorated to a high standard.

Owners Accommodation
Located on the second floor of the main hotel, you will find an owner’s apartment. The owner’s accommodation comprises of two double bedrooms, master ensuite with a dressing room. Family bathroom and spacious lounge.

Tenure
We are advised that the property is freehold

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

Summary
A superb, rarely available lifestyle change opportunity to purchase a well-established family run business which offers all year-round trade and excellent profits along with genuine growth potential for any new owner.

A viewing is highly recommended to fully appreciate the property, location and business opportunity in general.

Arrange Viewing

For more information about this property, please contact
Bruce & Company, EH12 on +44 131 268 9615 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Bruce & Company, and do not constitute property particulars. Please contact Bruce & Company for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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