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Belgrave Arms Hotel Belgrave Arms Hotel 9 Room Hotel Helmsdale KW8 6JX £395,000 (£43,889/Room)
INVESTMENT HIGHLIGHTS
- An attractive, fully licensed, coastal hotel on the NC500. Offering classic charm, an excellent trading position and owners’ accommodation.
EXECUTIVE SUMMARY
Description
The Belgrave Arms Hotel is a prestigious detached property, dominating the A9 in the centre of Helmsdale. The original building was built in 1819 and has been developed and extended over the years. Purchased by the current owners in 2007, the building has enjoyed some significant upgrades to create this very successful operation.
The hotel is well-known and enjoys a good reputation for the quality of the provision offered. With a highly regarded reputation as evidenced on TripAdvisor, there is no doubt that the purchase of The Belgrave Arms Hotel offers an exciting opportunity. The business currently trades year-round, with the majority of trade occurring during the main tourist season (April to October). This hotel offers guests a great standard of accommodation throughout, with the 9 letting bedrooms being of a good standard. The owner’s accommodation is spacious and comfortable and would be suitable for a family.
Reason For Sale
Having purchased the property in 2007 the current owners have upgraded the facilities to generate the successful operation it is today and are now ready to move on to their next venture closer to family. It is therefore their desire to bring this successful business to the market.
Trade
This profitable business currently has a reliable and locally sourced team of staff, who are used to working throughout the hotel, resulting in a high-quality flexible staffing provision. The business operates all year with a reduced offering in the winter months due to lower demand. Over the winter months the room trade is mostly for commercial patronage, some of whom are regular visitors to the hotel. In contrast, the public bar trade revolves around largely local support in the quieter part of the year.
The hotel has it’s own web site and can take direct bookings online. This, together with their listing on booking.com, ensures a good level of accommodation trade.
Offers in the region of £395,000 are invited for the heritable property complete with goodwill and trade contents (according to inventory), excluding personal items. Stock at valuation.
The Belgrave Arms Hotel is a prestigious detached property, dominating the A9 in the centre of Helmsdale. The original building was built in 1819 and has been developed and extended over the years. Purchased by the current owners in 2007, the building has enjoyed some significant upgrades to create this very successful operation.
The hotel is well-known and enjoys a good reputation for the quality of the provision offered. With a highly regarded reputation as evidenced on TripAdvisor, there is no doubt that the purchase of The Belgrave Arms Hotel offers an exciting opportunity. The business currently trades year-round, with the majority of trade occurring during the main tourist season (April to October). This hotel offers guests a great standard of accommodation throughout, with the 9 letting bedrooms being of a good standard. The owner’s accommodation is spacious and comfortable and would be suitable for a family.
Reason For Sale
Having purchased the property in 2007 the current owners have upgraded the facilities to generate the successful operation it is today and are now ready to move on to their next venture closer to family. It is therefore their desire to bring this successful business to the market.
Trade
This profitable business currently has a reliable and locally sourced team of staff, who are used to working throughout the hotel, resulting in a high-quality flexible staffing provision. The business operates all year with a reduced offering in the winter months due to lower demand. Over the winter months the room trade is mostly for commercial patronage, some of whom are regular visitors to the hotel. In contrast, the public bar trade revolves around largely local support in the quieter part of the year.
The hotel has it’s own web site and can take direct bookings online. This, together with their listing on booking.com, ensures a good level of accommodation trade.
Offers in the region of £395,000 are invited for the heritable property complete with goodwill and trade contents (according to inventory), excluding personal items. Stock at valuation.
PROPERTY FACTS
| Price | £395,000 | Total Plot Size | 0.24 ac |
| Price Per Room | £43,889 | Property Size | 9,928 sq ft |
| Sale Type | Investment | No. Rooms | 9 |
| Tenure | Freehold | No. Floors | 2 |
| Property Type | Hospitality | Year Built | 1819 |
| Property Subtype | Hotel | Parking Allocation | 0.81/1,000 sq ft |
| Costar Property Class | C |
| Price | £395,000 |
| Price Per Room | £43,889 |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Costar Property Class | C |
| Total Plot Size | 0.24 ac |
| Property Size | 9,928 sq ft |
| No. Rooms | 9 |
| No. Floors | 2 |
| Year Built | 1819 |
| Parking Allocation | 0.81/1,000 sq ft |
AMENITIES
- Restaurant
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | sq ft |
|---|---|---|---|
| Guest Room | 9 | £97.00 | - |
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