Hotel/guest house for sale in Lauder, Scottish Borders TD2

£180,000
Hotel/guest house for sale
Interested in this property? Call +44 131 268 9615 * or Request Details

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Property features

  • Freehold Opportunity
  • Lifestyle Business
  • 3 Letting Rooms
  • 2 Bed Owners Accommodation

Property description

Reference - 47199

Description
The Tower Hotel is situated in Oxton, 19.3 miles from Edinburgh and 25.5 miles from Edinburgh. Peebles is 17.4 miles from The Tower, while North Berwick is 19.9 miles from the property. The nearest airport is Edinburgh Airport, 24.9 miles from the property.

The Tower Hotel is a long established & locally supported hub of a close-knit community with good regular trade. Trading from a prominent character property with spacious & well fitted open plan bar/games facilities, lounge area and function/restaurant which also serves breakfast to staying guests. The business has been trading since the 1900’s with the current owners running it for the first 2 years and then leasing it out for the last 8 years. Fantastic opportunity to purchase a profitable business which has huge potential to new owners.

The owners accommodation is a two bed apartment and located on the upper floor.

Accounts
Current records and accounts can be inspected when viewing

Trading Hours
Open all year

Building External
The property is straight to street with on street parking. To the rear is a patio style beer garden along with driveway.

Building Internal
The business is set within a 2 storey semi-detached stone-built property with corner location. Entrance to the bar is from the front and leads directly into this open plan area. The bar which is to the rear goes the breadth of the room with comfortable bar stools. Seating is in the form of wooden tables and chairs with leather walled seating. Pool table is in the middle of the room which on busier nights will be moved and opened as the dance floor. Wc facilities are directly across from these areas. The lounge bar has 26 covers with its own bar which backs on to the main bar. The breakfast room/ restaurant is directly across the main entrance hallway from the lounge bar, the kitchen is located beyond this area and is fully equipped with prep and wash up areas. The first floor is accessed from an internal hallway or from the front into the reception hallway. 3 letting bedrooms are located on this floor of the property, 1 is ensuite with the others sharing a bathroom and wc.
Also, on this floor has a well presented owners accommodation in the form of a two bed apartment, lounge, bathroom and kitchen.

Residential Accommodation
The residential accommodation is currently vacant.

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
stunning opportunity for A lifestyle business in the scottish borders

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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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