Hotel/guest house for sale in Turriff, Aberdeenshire AB53

£449,995
Hotel/guest house for sale
Interested in this property? Call +44 131 268 9615 * or Request Details

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Property features

  • Rare Opportunity
  • Turnkey Opportunity with recent 200k Refurb
  • Freehold
  • Main street Location

Property description

Reference - 47664

Description
Bruce and Co. Are pleased to offer for sale a popular Hotel situated in Aberdeenshire.

The Hotel was purchased by our clients over 5 years ago during which time it has had a major refurbishment to all areas of the property.

The business has been trading successfully and has reluctantly been placed on the market by our clients wishing to now retire from the licenced trade.

The property has been very carefully maintained by our clients throughout their ownership and is presented in true walk in condition with no work required before new owners could commence immediate trading.

The business has established an excellent base of loyal clientele from residents and forms an integral part of the local community as well as passing trade due to its coastal location.

Our clients advise us that income is derived from 4 letting rooms offering bed & Breakfast, Function Hire and both wet and dry sales.

Although trading well, the hotel still has potential to grow through longer opening times along with a more vigorous marketing strategy.

The top floor offers accommodation to either owner operators, management, or this area could also be used as letting accommodation.

Accounts
Current records and accounts can be inspected when viewing.

Trading Hours
Food Sales
12.00-14.30 Daily
17.00-20.00 weekdays 21.00 weekends.

Bar
Open all day

Staff
Operated under management with full/part time staff.

Building External
The business premises occupy an impressive stone built three storey detached property located on the main road through the town.

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

Building Internal
The entrance to the hotel is from the front where you will enter the main trading area.

The business benefits from a large dining room with 40 covers and furnished with modern tables and cushioned seating offering a warm and cosy setting.

The bar is located to the rear of the restaurant area with wc facilities located just behind.

A fully equipped kitchen is located to the rear of the property and the business has plenty of preparation, wash up and storage areas with fridges and freezers.

On the basement level you will find the function area complete with its own bar and seating for 40+.

This area has been finished to a very high standard, the same as the rest of the property.

On the second floor you will find the stylish recently upgraded letting rooms.

The Letting rooms offer comfortable modern en-suite rooms offering either double or twin accommodation in the form of zip and link beds.

The top floor has the private owner’s accommodation which has also been recently refurbished to a modern standard
and has 3 bedrooms, kitchen, lounge and bathroom.

Residential Accommodation
Three bedroom flat comprising of kitchen, lounge and bathroom.

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
Excellent opportunity to purchase a large property with a business that trades successfully enjoying a healthy turnover but is operated at a pace comfortable to the current owners and presents excellent opportunities to increase turnover.

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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