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Speyside Self Catering Speyside Self Catering Apartments 6 Room Serviced Apartment Garmouth IV32 7LU £395,000 (£65,833/Room)



Investment Highlights
- Attractive and profitable self-catering business
- Former hotel with additional apartment block
- Set in a Grade B listed building with a floor area of approx. 362m²
Executive Summary
Speyside Self Catering offers a unique and highly attractive investment opportunity, located centrally in the quiet and picturesque village of Garmouth.
Garmouth is a picturesque village located on the northeastern coast of Moray, Scotland, where the River Spey meets the Moray Firth. Known for its natural beauty, rich history, and peaceful setting, Garmouth offers a charming blend of coastal and countryside living. The village is surrounded by scenic landscapes, with rolling farmland, woodland walks, and access to the famous Speyside Way walking and cycling route.
Despite its tranquil rural setting, Garmouth is exceptionally well-connected. It is located just 9 miles from Elgin, the region’s main commercial hub, offering a wide range of shops, schools, healthcare services, and leisure facilities. From Elgin, the A96 trunk road provides direct access to Inverness, the Highland capital, around 45 miles to the west, and Aberdeen, the Granite City, approximately 65 miles to the east. Both cities offer major transport links, including airports, rail connections, and extensive business services, making Garmouth a viable option for commuters and entrepreneurs alike.
The village itself boasts a strong community spirit, a historic golf course, and proximity to sandy beaches and wildlife-rich estuaries, making it a popular destination for nature lovers and outdoor enthusiasts. With its unique setting along the Moray Firth coast and its close ties to the Speyside whisky region, Garmouth is ideally situated for tourism-related businesses, lifestyle ventures, or simply a peaceful place to call home.
The Property THE PROPERTY Formerly the Garmouth Hotel, the property has been transformed into the self-catering apartments we see today. The building is made of stone with a white render and a slate roof. The overall finish of the property is of an exceptionally high standard, showcasing thoughtful design that seamlessly blends contemporary style with a sense of comfort and practicality. The main building is run by oil with the apartment block enjoying electric heating and separate water heaters in each apartment.
Ground Floor The main building offers individual rooms with their own ensuite facilities. Guests also have full use of the communal dining area and well-equipped kitchen.
On entering the property, to the left is a large laundry and storage room, boiler cupboard and door to rear courtyard. An internal hallway leads through into Room 1 and 6. Room 1 is a twin room and Room 6 is a single room. Both are fresh, comfortable and benefit from ensuite shower rooms.
To the right of the main entrance is the communal kitchen diner. This room is available for all guests to use and is equipped with all the modern conveniences one would desire.
Whilst still on the ground floor, there are two apartments to the right. These both enjoy their own access and are beautifully appointed suites. Apartment 1 is fully accessible.
First Floor Stairs ascend from the main entrance hall to the first-floor landing, which provides access to three well-appointed en-suite guest rooms, including a family suite comprising two bedrooms.
Apartment Block To the rear of the main building lies a purpose-built apartment block. This hosts two one-bedroom apartments, numbers 2 and 3, both benefiting from separate lounge /kitchen, double bedroom and ensuite with bath.
The property benefits from mains electricity, gas, water and drainage. Electric heating and hot water is provided in all rooms. The main building has single glazed windows due its Listed status and the other areas benefit from double glazed throughout. The entire building is compliant with a modern fire alarm system, emergency lighting and WiFi.
Garmouth is a picturesque village located on the northeastern coast of Moray, Scotland, where the River Spey meets the Moray Firth. Known for its natural beauty, rich history, and peaceful setting, Garmouth offers a charming blend of coastal and countryside living. The village is surrounded by scenic landscapes, with rolling farmland, woodland walks, and access to the famous Speyside Way walking and cycling route.
Despite its tranquil rural setting, Garmouth is exceptionally well-connected. It is located just 9 miles from Elgin, the region’s main commercial hub, offering a wide range of shops, schools, healthcare services, and leisure facilities. From Elgin, the A96 trunk road provides direct access to Inverness, the Highland capital, around 45 miles to the west, and Aberdeen, the Granite City, approximately 65 miles to the east. Both cities offer major transport links, including airports, rail connections, and extensive business services, making Garmouth a viable option for commuters and entrepreneurs alike.
The village itself boasts a strong community spirit, a historic golf course, and proximity to sandy beaches and wildlife-rich estuaries, making it a popular destination for nature lovers and outdoor enthusiasts. With its unique setting along the Moray Firth coast and its close ties to the Speyside whisky region, Garmouth is ideally situated for tourism-related businesses, lifestyle ventures, or simply a peaceful place to call home.
The Property THE PROPERTY Formerly the Garmouth Hotel, the property has been transformed into the self-catering apartments we see today. The building is made of stone with a white render and a slate roof. The overall finish of the property is of an exceptionally high standard, showcasing thoughtful design that seamlessly blends contemporary style with a sense of comfort and practicality. The main building is run by oil with the apartment block enjoying electric heating and separate water heaters in each apartment.
Ground Floor The main building offers individual rooms with their own ensuite facilities. Guests also have full use of the communal dining area and well-equipped kitchen.
On entering the property, to the left is a large laundry and storage room, boiler cupboard and door to rear courtyard. An internal hallway leads through into Room 1 and 6. Room 1 is a twin room and Room 6 is a single room. Both are fresh, comfortable and benefit from ensuite shower rooms.
To the right of the main entrance is the communal kitchen diner. This room is available for all guests to use and is equipped with all the modern conveniences one would desire.
Whilst still on the ground floor, there are two apartments to the right. These both enjoy their own access and are beautifully appointed suites. Apartment 1 is fully accessible.
First Floor Stairs ascend from the main entrance hall to the first-floor landing, which provides access to three well-appointed en-suite guest rooms, including a family suite comprising two bedrooms.
Apartment Block To the rear of the main building lies a purpose-built apartment block. This hosts two one-bedroom apartments, numbers 2 and 3, both benefiting from separate lounge /kitchen, double bedroom and ensuite with bath.
The property benefits from mains electricity, gas, water and drainage. Electric heating and hot water is provided in all rooms. The main building has single glazed windows due its Listed status and the other areas benefit from double glazed throughout. The entire building is compliant with a modern fire alarm system, emergency lighting and WiFi.
Property Facts
| Price | £395,000 | Total Plot Size | 1.00 ac |
| Price Per Room | £65,833 | Property Size | 2,437 sq ft |
| Sale Type | Investment | No. Rooms | 6 |
| Tenure | Freehold | No. Floors | 2 |
| Property Type | Hospitality | Year Built | 1648 |
| Property Subtype | Serviced Apartment | Parking Allocation | 4.1/1,000 sq ft |
| Costar Property Class | C | Corridor | Interior |
| Price | £395,000 |
| Price Per Room | £65,833 |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Serviced Apartment |
| Costar Property Class | C |
| Total Plot Size | 1.00 ac |
| Property Size | 2,437 sq ft |
| No. Rooms | 6 |
| No. Floors | 2 |
| Year Built | 1648 |
| Parking Allocation | 4.1/1,000 sq ft |
| Corridor | Interior |
Amenities
- Fully-Equipped Kitchen
Room Mix Information
| Description | No. Rooms | Daily Rate | sq ft |
|---|---|---|---|
| Guest Room | 6 | £97.00 | - |
1 1
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