Hotel/guest house for sale in Fochabers, Moray IV32

£480,000
Hotel/guest house for sale
Interested in this property? Call +44 131 268 9615 * or Request Details

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Property features

  • 8 modern en-suite letting rooms
  • 2/3-bedroom owners’ accommodations
  • Fully equipped commercial kitchen serving restaurant
  • Large public bar and beer garden

Property description

Reference - 47203

Description
The Grant Arms is a substantial and imposing property that has been trading as a hotel. The current vendors have owned and operated the business since 2005, operating the business on a wet sales and bed & breakfast basis to suit their lifestyle for a number of years.

The property has now been placed on the market due to the current proprietor’s impending wish to retire from the tourist trade. The property offers an excellent opportunity to expand the business back to a small hotel, and also offering lunch and dinner service to both locals and tourists alike.

Fochabers is a village in the Parish of Bellie, in Moray, Scotland, 10 miles east of the Elgin and located on the east bank of the River Spey. 1,728 people live in the village, which enjoys a rich musical and cultural history. The village is also home to Baxters, the family-run manufacturer of foodstuffs. The village is situated on the A96, the only direct route from Aberdeen to Inverness

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

Trading Hours
All year round.

Staff
Currently managed by the owners on a day to day basis with a mix part time staff.

Building External
The main entrance is off the High Street to the front. To the rear there is a spacious and well-presented beer garden. The beer garden is laid to slabs and tarmac, and benefits from having a covered seating area and is well furnished with wooden tables and chairs together with patio furniture.

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 gives access to all areas private and public.

Set over three levels, the public areas are all located on the ground floor of the property. To the right of the entrance, you will find a lounge/office. This area has been utilized by the current vendor as private space but could be a resident’s lounge or private dining room. To the left of the entrance you will find the restaurant. The restaurant benefits from carpet flooring and is well furnished with wooden tables and upholstered chairs, with seating for 32+ persons. The restaurant also gives way to a large domestic kitchen, which was used by the owners as a private dining kitchen previously. The area would give excellent potential to run as a separate café/coffee shop.

The large public bar is accessed from the hallway and is located to the rear of the property. The bar is of modern design, with a large bar located to the left, with a well presented and well stocked gantry to the rear. The bar further benefits from wooden flooring, upholstered bench seating together with wooden tables and upholstered chairs. In addition, there are several flat screen TVs, Pool table and dart boards, which accommodate both the pool and several dart teams.

Letting Accommodation
There are 8 letting bedrooms, all of which have en-suite facilities. The letting bedrooms are all located on the first and second floors of the property and comprise of two doubles, one deluxe double, two twin, two single and one family room with double and 2 single beds. All the bedrooms have been individually furnished and decorated to a high standard

Owners Accommodation
Located on the first floor of the main hotel, you will find an owners apartment. The owners accommodation comprises of two/three double bedrooms and Family bathroom. Depending on requirements the apartment could have three bedrooms or two bedrooms and a family 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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