Hotel/guest house for sale in Princes Street, Thurso KW14

Offers over £400,000
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Hotel/guest house for sale

Property description

McEwan Fraser Legal is delighted to present to the market the Holborn Hotel situated in Thurso, one of the main towns on the North Coast 500 route.

The north coast 500 route is now one of the most Instagrammed routes in the world making this a once in a lifetime opportunity to purchase a thriving hotel, bar and restaurant right in the heart of the action. Located within a five-minute walk to both Thurso train station and the 500 meters long Thurso beach.

The hotel’s Bar 16, Red Pepper restaurant and Holborn Lane covered over outdoor dining area are a popular choice with the ever-growing number of visitors to the area and benefit from the passing trade of campers, road trippers, hotel guests and day visitors all year round. The Holborn Hotel is known by the locals for its high-quality seafood dishes, coffee and cakes, local ales and whiskeys, live music and modern cocktails which is why the current owners have managed to grow and maintain such a loyal customer base.

The main entrance gives open access to the reception hall. On the ground floor and situated to the front of the property you will find the welcoming Red Pepper restaurant which provided 40 covers and offers a formal dining experience. The restaurant is well known and highly regarded in the area for its high quality, locally sourced seafood dishes and mouth-watering steaks.

Bar 16 which also has a lounge area and at capacity can sit 60 guests has an informal and relaxed ambience and is a great place to relax after a day of exploring. Within the bar and lounge area, you will find many relaxing seated areas, a pool table and ladies and gents toilets.

Bar 16 offers an excellent choice of food, coffee, draft beer, wine and spirits and often hosts live music, party nights etc. From the lounge, there is access to Holborn Lane outdoor dining area which has been recently refurbished and can service a further 25 covers.

There is also a private dining room, well equipped and maintained kitchen and washing area a laundry store, cellar and storage areas.

On the first floor, there are six hotel rooms all en-suite, these include one family room, two double rooms and 3 single rooms. On the second floor, there is a further double en-suite bedroom, it is on this floor where there is opportunity to convert the whole floor into owners accommodation.

The current owners have maintained the hotel meticulously have built and maintained good relationships with trades and have good processes in place making this opportunity an easy and lucrative investment.

Overall, The Holborn Hotel is a thriving well looked after and loved investment at the heart of one of the most popular ‘Routes’ in the world, with the opportunity to work and live in the premises it is a no brainer.

Services: Mains water, electricity, gas and drainage.

Tenure: Freehold.

Accounts: Will be made available following a formal viewing or note of interest by your solicitor.

By appointment through McEwan Fraser Legal on McEwan Fraser Legal are open 7 days a week: 8am - Midnight Monday to Friday & 9am - 10pm Saturday & Sunday to book your viewing appointment.

Extras (Included in the sale): The Holborn Hotel comes complete with goodwill and all trade contents (according to inventory) but excluding personal items. Stock at valuation.

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McEwan Fraser Legal, EH7 on +44 131 268 9746 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by McEwan Fraser Legal, and do not constitute property particulars. Please contact McEwan Fraser Legal 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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