Hotel/guest house for sale in Seafield Street, Portsoy AB45

A well-positioned multi-income stream hotel in sought after coastal town. 15 letting bedrooms (13 letting rooms and a two bedroomed suite). Traditional and well-kept public bar with separate games room. Comfortable and flexible restaurant with Lounge (50+). Large function room with separate bar & access (250). Large commercial kitchen and service areas. Very neatly presented and efficient business. Trading well in all departments. Same owners for the last 20 years, retirement sale. Strong and consistent turnover. Sought after location in pretty Moray coast town. Valuable outside space with development potential.

Freehold Guide price £570,000.

The popular Aberdeenshire town of Portsoy is located on the A98 between Cullen and Banff on the Moray coast. The city of Aberdeen is approximately fifty miles to the south-east with Inverness approximately sixty-five miles to the west.

The town with a population of circa 1700 swells with tourists and day trippers over the busy summer months. It has a very beautiful 17 century harbour which attracts visitors from far and wide and has gained fame as a film location. The remake of Whisky Galore was filmed here as well as more famously the last series on Peaky Blinders during lockdown in Feb 2021.

The Station Hotel is very much a centre pin of the local community being situated on the main street running through the town, in the busiest trading location. It is a popular meeting place for a coffee, drink or meal, and there is plenty of space for groups to meet.

The business has been very well run by our clients over the last 20 years. The Station Hotel is a popular local business attracting custom locally, nationally and internationally. It enjoys a healthy mix of trade, ranging from the 15 letting bedrooms, busy public bar, well patronised restaurant and lounge through to huge function suite with obvious trading potential. Our clients feel more expert marketing of the function suite will help develop and enhance the trading potential that this part of the business offers.

The hotel occupies a large footprint of ground extending from the main road to the rear. At the rear there is a significant development opportunity consisting of a large, detached garage and workshop. Subject to planning this could be developed into more letting rooms/bunkhouse accommodation or owners house.