Please quote reference B05379
Hilton Smythe are delighted to welcome to the market a fantastic opportunity to purchase on a freehold basis the popular and long-standing public house The Old Moray along with the spacious & beautifully presented 4-bedroom owners’ accommodation.
The business has been under the careful ownership of our client for the past 11 years but there has been a public house on this site for over 100 years and is now on the market for sale due to our client’s decision to take well-earned retirement.
The business is well known locally and loved in the town and has many regular customers most of whom are known on a first name basis by the current owner and is a real social hub within the community with its popular events evenings. The business also benefits from high levels of footfall and passing trade due to location as it sits on the main thoroughfare, benefiting from a waterfront / harbourside location.
The business trades currently on a wet sales basis only however there is demand to provide a dry sales side to the current operation which could be introduced with modest investment to provide teas & coffees, toasted sandwiches and soups for customers.
Along with the current impressive turnover we feel that there is fantastic scope for this to increase with utilising the large bar area within the premises to host small functions, live music events or even the introduction of a small dining facility along with small club meetings & events.
A modest marketing campaign would also help raise the profile of the business as would the introduction of a dedicated web site.
This is a tremendous opportunity to own this highly desirable business with quality owner’s accommodation.
Early viewing must come highly recommended to avoid disappointment
The Old Moray Inn is ideally situated on the corner of Shore Street and Duff Street right on the harbourside in the popular seaside town of Macduff.
Macduff is a popular, attractive coastal town situated on the Moray Firth around 45 miles north of Aberdeen, and 35 miles east of Elgin. Macduff is separated from its neighbour Banff by a seven-arched road bridge over the River Deveron.
The towns harbour was constructed in the late 18th century & is still a hive of activity to this day and is even home to its own enclosed fish market
The town is well serviced in terms of local amenities & is a popular tourist destination during the warmer months.
Among Macduff’s attractions is its impressive Marine Aquarium where a 40,000-litre tank of seawater – the deepest tank of its kind in Scotland – contains many giant saltwater specimens.
The area offers some spectacular views of the Moray Firth, with a fine selection of walking trails, as well as a choice of golf courses. One of the most popular being the course at Royal Tarlair, which offers players stunning coastline views as they take on the coastal course.
The local area is well serviced with several local retailers and amenities between Banff and neighbouring Macduff, with plenty of shops and restaurant options, along with the provision of both primary & secondary educational facilities making Macduff a popular residential & tourist area.
The business occupies a substantial ground floor commercial licenced premises with the upper level consisting of the beautifully presented 2 story, 4-bedroom owners’ accommodation.
Public Bar Area
Entered via street level, into a bright and welcoming public bar area, with serving area located to the left-hand side, with traditional serving counter / main bar area with access to the cellar area & spirits store with further ample storage. Separate entrance located in the main bar leads to male & female toilet facilities
To the far end of the public bar, is a feature fireplace, pool table & dart board area, along with a selection of quality fixtures, furnishings and mixed seating facilities located throughout the public bar area.
Owners Private Accommodation
The owner’s accommodation has undergone an extensive programme of refurbishment in recent years & can be found in outstanding condition. Accessed via private courtyard located to the rear of the building, and comprising, bright & welcoming main hall area, with separate utility room area with W/C & further storage.
Modern well-presented feature dining kitchen fitted with a range of floor standing & wall mounted units. Gas hob & oven, space for dining table & chairs, along with a designated office area located at the far end.
2 double bedrooms are located towards the front of the property both with outstanding harbour & sea views. Family bathroom area fitted with a modern bathroom suite & generous formal lounge area located to one end of the property again with stunning harbour / sea views.
Stairs leading to the upper level, give access to two further good-sized bedrooms with one benefiting from en-suite W/C facilities & again both with magnificent harbour / sea views.
The property has recently had quality double glazed units fitted throughout, with further benefits including gas central heating.
The Business has a state-of-the-art CCTV system in place covering all areas of the public house internally & externally, this can be accessed remotely by the current owner
We are advised Tenure is offered on a Freehold basis
Monday – Saturday 1000 – 0030
Sunday - 1130 – 0030
The business is run & managed by the current owner & 1 other staff member
The business reported a turnover of £100,000 for the last financial year, no accounts were seen at the time of booking
Accounts will be made available to interested parties.
Please quote reference B05379