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Full Service Hotel In Moray For Sale

Buckie, Moray
Asking Price:
£400,000 Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

The property is a substantial stone built property with accommodation on ground, first and attic floor levels with a variety of extensions to the rear.

Entrance to the main hotel is via the front of the property although there is a separate frontal entrance for the public bar.

One of the most attractive aspects of the Hotel is the self-contained owners accommodation which accompanies the business. Accommodation comprises a lounge, bedroom & bathroom.

The business has been run by our clients for the last 18 years during which time our clients have refurbished and developed the business on several different occasions. Our clients have placed the business on the market in order to consider other business opportunities after their length of tenure in charge. Prospective purchasers will find a well run and well looked after business run professionally and competently by our clients for the last 18 years.

The business is full service Hotel trading impressively from rooms, wet and food sales. The room accommodation is particularly strong and will also grow stronger with the advent of the wind farm work which will secure long term revenue for the rooms for a sustained period of time.

The availability of the business represents a mature business opportunity of an already well performing business that is ready to be taken to the next trading level by new owners.

Property information

Property:

Freehold

Living Accommodation:

One of the most attractive aspects of the Hotel is the self-contained owners accommodation which accompanies the business. Accommodation comprises a lounge, bedroom & bathroom.

Location:

The Morayshire town of Buckie is situated on the Moray Coast, equi-distant between Inverness and Aberdeen on the A98. Both Inverness and Aberdeen can be accessed within an hours drive. Other towns and centres located close by include Banff, Fochabers, Elgin as well as also being a short drive from world-class fishing on the River Spey, superb golf courses and the Whisky Trail with several well known brands and world class whisky distilleries located close by. Both Edinburgh and Glasgow can be accessed within a 3.5 hours drive south via the A9. The town has grown in recent years with significant house building on the outskirts and offering both primary and secondary schooling as well as a busy High Street offering a variety of shops, pubs and restaurants.

Buckie is also well regarded for its fishing harbour and recently the town has seen and will continue to see substantial inward investment with the siting of the Moray Firth Wind Farm off the coast. This is one of the largest wind farm projects in the UK with over 300 wind farms due to be sited. This gives an enormous boost to the local economy both in terms of the building and erection of the wind farms but also in their continued service. This will undoubtedly have a direct positive effect on local businesses in and around the Buckie area.

Premises Details:

The property is a substantial stone built property with accommodation on ground, first and attic floor levels with a variety of extensions to the rear.

Entrance to the main hotel is via the front of the property although there is a separate frontal entrance for the public bar.

Business Operation

Employees:
The business is run by our clients with the assistance of 12 members of staff with a mix of full and part-time.
Years established:
18 years

Other Information

Financing available:

Contact Cornerstone to discuss possible finance options available.

Related Documents:

Contact Information

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