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Hotels & Motels for Sale in the UK

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Explore the Latest UK Hotels & Motels for Sale - Page 5

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More details for The Cot House Inn, Sandbank - Hospitality for Sale

The Cot House Inn - The Cot House Inn

Sandbank, PA23 8QS

  • Hospitality for Sale
  • £500,000
  • 6,696 sq ft
  • Restaurant

Sandbank Hospitality for Sale

**A GREAT CHANCE TO ACQUIRE A DISTINGUISHED COMMERCIAL HOTEL PROPERTY LOCATED IN DUNOON, ARGYLL & BUTE***UNIQUE AND RARE VERSATILE INVESTMENT OPPORTUNITY***SITUATED IN THE HEART OF SCOTLAND'S PICTURESQUE LANDSCAPE*** Description ***Presenting The Cot House Inn, a distinguished commercial hotel property located at The Cot House Inn, Cot House Road, Dunoon, Argyll and Bute, PA23 8QS. This establishment offers a unique investment opportunity in the heart of Scotland's picturesque landscape.*** ***KEY FEATURES*** *Accommodation* - The inn comprises seven well-appointed rooms, each featuring en-suite facilities, flat-screen televisions, and comfortable seating areas, ensuring a pleasant stay for guests. *Dining and Social Spaces* - The property boasts a restaurant and bar, providing guests with on-site dining options. The inclusion of a garden and sun terrace enhances the guest experience, offering serene outdoor spaces for relaxation. *Location* - Situated in Dunoon, the inn is in close proximity to local attractions such as the Benmore Botanic Garden, located approximately 3.4 km away. This route is popular with anyone traveling through the West Coast. This area is especially visited by motorbike enthusiasts and those who enjoy fishing. The static caravan site next to this hotel/restaurant is very popular and they are expanding to behind the hotel with their new development of 'Glamping' pods. This new addition to the area will only provide more guests for the Cot House Inn. ***INVESTMENT POTENTIAL*** Adjacent to The Cot House Inn is The Cot House Caravan Park, which accommodates over 50 caravans. The inn's central location also places it near several other caravan parks, including Hunters Quay Holiday Village, Stratheck Holiday Park, Loch Eck, and Invereck Caravan Park, collectively hosting over 600 caravans and lodges. This strategic positioning presents a significant opportunity to attract a steady flow of visitors from these neighbouring establishments. ***ADDITIONAL INFORMATION*** *The property offers private parking facilities, enhancing its appeal to guests traveling by car or motorbike. The inn's amenities and prime location make it a versatile investment, suitable for various business models within the hospitality sector.* ********* HISTORY ********* Mary, Queen of Scots and Her Association with Cothouse Inn and River Eachaig Mary, Queen of Scots, one of history’s most tragic and enigmatic figures, was forced into a desperate flight across Scotland after her defeat at the Battle of Langside in May 1568. Having lost her struggle to reclaim the throne, she fled south, hoping for refuge in England. Along the way, she is believed to have passed through the Cothouse Inn, a historic lodging near the River Eachaig in Argyll. The Cothouse Inn, a well-known stop for travelers, is said to have provided a brief sanctuary for Mary as she and her supporters moved through the region. This secluded location, surrounded by rugged Scottish landscapes and the flowing River Eachaig, offered a temporary place of rest before she continued her perilous journey south. The river itself, winding through the forests of Argyll, may have played a crucial role in aiding her escape, providing a natural route through the terrain while also offering fresh water and cover from potential pursuers. Legend has it that Mary, exhausted from her ordeal, rested at the Cothouse Inn, possibly under disguise, with only a few loyal followers by her side. Given the inn’s position along established travel routes, it would have been a strategic yet discreet stopping point. The River Eachaig, flowing nearby, would have added to the inn’s secluded charm, making it an ideal refuge during her hurried escape. Though there is little concrete evidence linking Mary directly to the Cothouse Inn, oral history and local folklore strongly suggest that she passed through the area. Some even claim she left behind a small token or piece of jewelry, which became part of the inn’s legend. After leaving the region, Mary eventually made it to Workington in England, where she sought protection from Queen Elizabeth I—a decision that ultimately led to nineteen years of imprisonment and her execution in 1587. Today, the Cothouse Inn and the River Eachaig remain part of local history, their connection to Mary Queen of Scots adding a layer of intrigue and romance to the landscape. Whether fact or legend, the idea of Mary pausing along the banks of the River Eachaig during her escape only deepens the mystery surrounding her fateful journey. ********* HISTORY ********* ***RECENT NEARBY PROPERTY SALES*** - Rhubeg, Midge Lane, Strone, Dunoon, Argyll, PA23 8RX - 8 bedroom - SOLD Nov'24 - £1,100,000 - Duart Tower, Shore Road, Blairemore, Dunoon, Argyll, PA23 8TJ - 5 bedroom - SOLD Sep'24 - £627,032 - 23, Kings Hut, Victoria Road, Hunters Quay, Dunoon, Argyll, PA23 8JY - SOLD Aug'24 - £502,000 Dunoon is the main town on the Cowal peninsula, with a population of roughly 8,000 – making it one of the largest towns in Argyll and Bute, second only to Helensburgh. The town has no shortage of amenities and tourist attractions, including the Cowal Highland Gathering which boasts an attendance of roughly 23,000 people during late august every year. There is also the Castle House Museum built in the 1800s and the Dunoon Castle Ruins, dating back to the 13th century. There are also great local attractions year round for those who permanently reside in Dunoon, with a cinema only a short walk away from the property, as well as the swimming pool and leisure centre – both recently refurbished. There is also easy access to central Scotland via the ferry route from Dunoon’s picturesque promenade, only half a mile from the cottage, which provides travel to Gourock. GUIDE PRICE: £350,000 To view legal documents for all properties, and to register for our online auctions please visit our website. Purchases are subject to a Buyer’s Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup / Special Conditions in the Legal pack to confirm. Key Feature 1 A GREAT CHANCE TO ACQUIRE A DISTINGUISHED COMMERCIAL HOTEL PROPERTY LOCATED IN DUNOON, ARGYLL & BUTE Key Feature 2 UNIQUE AND RARE VERSATILE INVESTMENT OPPORTUNITY Key Feature 3 SITUATED IN THE HEART OF SCOTLAND'S PICTURESQUE LANDSCAPE

Contact:

Online Property Auction Group

Property Subtype:

Hotel

Date on Market:

17/03/2025
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More details for Ashbourne Rd, Flagg - Hospitality for Sale

Bull i' th' Thorn - Ashbourne Rd

Flagg, SK17 9QQ

  • Hospitality for Sale
  • £1,000,000
  • 6,146 sq ft
  • Restaurant

Flagg Hospitality for Sale

We are advised that the property is available Freehold – Vacant Possession. The Fixtures & Fittings that remain on the premises at the time of completion will be included in the sale. Any third party owned items, such as beer raising and cellar cooling equipment, branded items, gaming machines etc, will be excluded. An inventory will not be provided. The vendors will not be required to remove any such items that remain on the premises.

Contacts:

Fleurets Ltd

Savills

Property Subtype:

Hotel

Date on Market:

25/11/2024
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More details for 3 Belmont Rd, Ilfracombe - Hospitality for Sale

Darnley Hotel - 3 Belmont Rd

Ilfracombe, EX34 8DR

  • Hospitality for Sale
  • £750,000
  • 4,062 sq ft
  • Restaurant

Ilfracombe Hospitality for Sale

LOCATION<br />In a quiet yet convenient location just set back from Belmont Road, close to the junction of Church Hill, the property is within 5 minutes walking distance of the town centre, overlooking, from the top floor to the West, Torrs Park and from the rear of the property, to the North East and the rooftops of Ilfracombe.<br /> <br />The property has the benefit of a signpost close to the junction of St Brannocks Road and Church Hill which is highly visible from passing traffic. <br /><br />There is a private pathway through the grounds from the rear garden to the bottom of Church Hill.<br /><br />The town itself is North Devon's leading tourist resort having a population in excess of 10,500 inhabitants which is boosted during the summer months with an influx of tourists. <br /><br />The world renowned artist Damien Hirst has given the town on loan, the statue called Verity, which is erected on the Pier which has attracted more day visitors to the resort. <br /><br />THE PROPERTY<br />This substantial semi-detached Victorian residence has been a guest house for many years and now offers ten letting bedrooms, mostly en-suite, one private room with en-suite facility, a private lounge, private further bedroom and private shower room/wc for owner's use, large private lounge and at garden level, a spacious dining room and residents' bar lounge area. <br /><br />Recent improvements have included new kitchen and preparation room enhancement and new fittings, 18 solar panels on the roof and re-decoration of the communal hallways and landings.<br /><br />Since owning the building in 2016 some bathrooms have been upgraded, letting bedrooms have been re-decorated, new outside lighting has been fitted, at the first floor half landing new uPVC conservatory windows have been installed, a wireless safety fire alarm system has been fitted, plus automatic lights to communal area. <br /><br />The garden and patio to the rear just outside the building has been re-laid with lawn and has a small patio area with attractive outside seating. <br /><br />Within the mature gardens there is ample parking space and several car ports. <br /><br />In addition, at the far end of the garden there are two semi-detached timber framed centrally heated holiday chalets overlooking a "secret walled garden" which produces a substantial letting income throughout the year. <br /><br />Beyond the holiday chalets is a level lawned garden with fish pond. <br /><br />There are substantial basement storage rooms and workshops below the chalets for owner's use. <br /><br />The garden is approached from a tree lined pathway giving access to the bottom of Church Hill and there is also pedestrian and vehicular access from Belmont Road to the main car park.<br /><br />The property benefits from gas fired central heating as do the holiday chalets. <br /><br />Our clients have been in residence since 2016 and have maintained the property and decorated the rooms to a good standard. <br /><br />We strongly recommend an internal viewing to appreciate the spacious accommodation throughout.<br /><br />THE BUSINESS<br />Our clients operate for 12 months of the year including Christmas, providing a bed and breakfast and evening meal service. <br /><br />The tariff ranges from £75 to £85 per person per night bed and breakfast. Evening meals are provided extra if required. <br /><br />Audited accounts will be made available to those seriously interested parties who has inspected the premises with permission on the vendors.<br /><br />SERVICES AND UTILITIES <br />All mains connected. We encourage you to check before viewing a property the potential broadband speeds and mobile signal coverage. You can do so by visiting <br />BUSINESS RATES <br />£10,000 UBR, as of April 2023, 47.9p in the £. Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure. Small Business Rate relief (100%) may apply as the Rateable Value is below £12,000.<br /><br />VAT<br />We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.<br /><br />LEGAL ADVICE <br />We strongly recommend that a buyer takes independent legal advice and instructs solicitors to act on their behalf. Each party bears their own legal costs unless otherwise stated.<br /><br />PLANNING <br />It is the responsibility of the proposed buyer to satisfy for themselves independently that their intended use complies with existing planning permission by contacting the local council planning department. The cost of any change of planning use is the buyer’s responsibility.<br />

Contact:

Webbers

Property Subtype:

Hotel

Date on Market:

24/10/2024
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More details for 104 Warwick Way, London - Hospitality for Sale

OYO Vegas Hotel - 104 Warwick Way

London, SW1V 1SD

  • Hospitality for Sale
  • £3,500,000
  • 2,949 sq ft
  • Smoke Detector

London Hospitality for Sale - Pimlico, City of Westminster

Nestled in the vibrant and ever-popular area of Pimlico, this a unique investment opportunity. With 95% occupancy and a healthy operating profit, this boutique hotel offers a solid revenue stream in one of London's most sought-after locations. Spread over approx. 3,000 square feet, the property boasts 16 well-appointed rooms, each designed to provide a comfortable and memorable stay for our predominantly tourist clientele. The hotel's charm and central location ensure high demand, despite the competitive landscape of the London hotel market. Market Insights: The London hotel market has remained resilient and buoyant in recent years, outperforming the broader hotel market and national economy. While there have been slight dips in occupancy levels, the overall market remains strong, particularly in more central London locations. Reports indicate that London hotel performance is showing limited growth in average room rates across most segments. However, townhouse and boutique hotels, like the Vegas Hotel, are among the top-performing segments. Investment Potential: The property presents a dual opportunity for potential buyers. Operational Continuity: Continue running the hotel business, capitalising on its established reputation and consistent tourist demand. Development Opportunity: Given its prime location, there is strong demand from developers looking to convert the property into residential use, such as apartments, which could yield a higher capital value.

Contacts:

Century 21 London Central

Keller Williams

Property Subtype:

Hotel

Date on Market:

03/10/2024
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More details for Hospitality for Sale

Houblon Arms - Houblon Arms

Grantham

  • Hospitality for Sale
  • £600,000
  • 3,325 sq ft
  • Restaurant

Grantham Hospitality for Sale - Oasby

A successful Pub/Restaurant/Guest House, renovated by the current owners in recent years, due to health reasons the business is now closed and being sold with vacant possession. The trade fixtures and fittings including the kitchen equipment can be acquired by separate negotiation.

Contact:

Pattinson Commercial

Property Subtype:

Hotel

Date on Market:

14/08/2024
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More details for Forfar Rd, Arbroath - Hospitality for Sale

Rosely Country House Hotel - Forfar Rd

Arbroath, DD11 3RB

  • Hospitality for Sale
  • £1,200,000
  • 27,734 sq ft
  • Restaurant

Arbroath Hospitality for Sale

Offers around £1.2 million are invited for the heritable (freehold interest) interest in the property, the trade fixtures, fittings, furnishings and equipment, together with the goodwill of the business, which is being sold complete as a going concern. Stock in trade will be sold at valuation on the date of entry.

Contact:

Graham & Sibbald

Property Subtype:

Hotel

Date on Market:

05/08/2024
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More details for 53 Arduthie Rd, Stonehaven - Hospitality for Sale

Station Hotel - 53 Arduthie Rd

Stonehaven, AB39 2ND

  • Hospitality for Sale
  • £1,400,000
  • 5,687 sq ft
  • Restaurant

Stonehaven Hospitality for Sale

Offers in excess of £1,400,000 will be considered to purchase the outright ownership interest in The Station Hotel. Internally the property comprises an attractive 80 cover restaurant/lounge bar, a traditional public bar which can accommodation 20 customers seated and equivalent number standing. There is a further 30 cover coffee room and a large function room which in total can accommodation 140 guests around a large dance floor. The upper floor comprises 14 letting bedrooms, of which 5 are ensuite. All letting bedrooms, ensuites and bathrooms were comprehensively refurbished during lockdown. The upper floors also contain a superior 4-apartment owner’s flat. On the ground floor, serving the restaurant and function room, is a substantial commercial kitchen with separate store. The kitchen has additional storage facilities contained in external buildings. Externally there is an attractive beer garden together with a small owner’s private garden. In summary, The Station Hotel is an extremely well-presented property and has been maintained and decorated to a high standard containing good quality fixtures and fittings throughout.

Contact:

Ryden

Property Subtype:

Hotel

Date on Market:

26/04/2024
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More details for Harbour Row, Isle Of Whithorn - Hospitality for Sale

Steam Packet Inn - Harbour Row

Isle Of Whithorn, DG8 8LL

  • Hospitality for Sale
  • £625,000
  • 2,844 sq ft
  • Restaurant

Isle Of Whithorn Hospitality for Sale

Offers around £725,000 are invited for the heritable (freehold) interest in the property, the trade fixtures, fittings and equipment, together with the goodwill of the business, which is to be sold complete as a going concern. Stock in trade to be purchased at an additional price at valuation on the date of entry. NOTE: The sellers will consider a disposal via an asset sale or a corporate share transaction.

Contact:

Graham & Sibbald

Property Subtype:

Hotel

Date on Market:

11/04/2024
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More details for Morangie & Mansfield Castle Hotels – Hospitality for Sale, Tain

Morangie & Mansfield Castle Hotels

  • Hospitality for Sale
  • £2,500,000
  • 18,280 sq ft
  • 2 Hospitality Properties

Tain Portfolio of properties for Sale

Offers in the region of £2,500,000 The Hotels for sale offer outstanding architecture and a strong turnover. The Hotels for sale on the NC500 route offer 45 letting bedrooms between the two which are run as one business for sale. The baronial castle like properties for sale are quintessentially Scottish offering the best of Highland Hospitality. The businesses for sale offer a new owner the opportunity to build upon the already stellar reputation and loyal customer base. The Hotels for sale offer the new owner the chance to buy a castle in Scotland which perfectly blends traditional features with modern commodities.

Contact:

Graham & Sibbald

Date on Market:

11/04/2024
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More details for The Star Inn Pub & Letting Rooms High St – for Sale, Ardersier

The Star Inn Pub & Letting Rooms High St

  • Mixed Types for Sale
  • £595,000
  • 2 Properties | Mixed Types

Ardersier Portfolio of properties for Sale - Inverness

The property including the trade equipment, fixtures and fittings is for sale with vacant possession. We are inviting unconditional offers from parties interested in acquiring our client’s heritable interest (Scottish equivalent of English Freehold) at Offers over £595,000, exclusive of VAT.

Contact:

Shepherd Chartered Surveyors

Property Subtype:

Mixed Types

Date on Market:

04/04/2024
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More details for High St, Dalbeattie - Hospitality for Sale

Kings Arms Hotel - High St

Dalbeattie, DG5 4HA

  • Hospitality for Sale
  • £525,000
  • 1,625 sq ft
  • Restaurant

Dalbeattie Hospitality for Sale

Offers over £525,000 are invited for the heritable (freehold) interest in the property, the trade fixtures, fittings and equipment, together with the goodwill of the business, which is to be sold complete as a going concern. Stock in trade to be purchased at an additional price at valuation on the date of entry

Contact:

Graham & Sibbald

Property Subtype:

Hotel

Date on Market:

01/12/2023
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More details for 2 Upper High St, Thame - Hospitality for Sale

Swan Hotel - 2 Upper High St

Thame, OX9 3ER

  • Hospitality for Sale
  • £525,000
  • 3,422 sq ft
  • Restaurant

Thame Hospitality for Sale

An historic Coaching Inn, the property is arranged across 3 floors with ground floor comprising a Bar, 3 Lounges and Customer Toilets, totalling 3422 Sq ft. The first floor comprises a Function Room, Office /Private Dining Room, and 3 En-suite Letting Rooms, and the second floor 4 Letting Rooms, 3 being en-suite. Upper High Street public car park is located directly opposite with 123 car spaces.

Contact:

Fields Commercial

Property Subtype:

Hotel

Date on Market:

23/01/2024
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More details for Green Ln, Chipping - Hospitality for Sale

Gibbon Bridge Hotel and Restaurant - Green Ln

Chipping, PR3 2TQ

  • Hospitality for Sale
  • £2,995,000
  • 29,481 sq ft
  • Restaurant

Chipping Hospitality for Sale - Chipping, Lancashire

Gibbon Bridge Hotel is located in the village of Chipping, which is in the county of Lancashire. Chipping is situated in the Forest of Bowland, an Area of Outstanding Natural Beauty known for its scenic countryside and picturesque landscapes and one of the most visited areas in East Lancashire.

Contact:

Savills

Property Subtype:

Hotel

Date on Market:

18/01/2024
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More details for Canal Foot, Ulverston - Hospitality for Sale

Bay Horse Hotel - Canal Foot

Ulverston, LA12 9EL

  • Hospitality for Sale
  • £825,000
  • 8,691 sq ft
  • Restaurant

Ulverston Hospitality for Sale - Canal Foot

Due to retirement, a traditional public house, acclaimed restaurant and first floor accommodation. Unique and stunning location on the shores of the estuary of Morecambe Bay. Most competitively price, freehold and with vacant possession. Dating from the seventeenth century, the property is extended, fitted for trade. Residents and dining public bar of 37ft, Modern (2020) conservatory of 50ft. Snug, Equipped Kitchen, Cellar, Courtyard and WC's, outbuilding with store, prep kitchen, laundry etc. First floor of five bedrooms (for overlook the beach), bathrooms, WC, one Ensuite, and an office. Front Landscaped garden, with French doors from the conservatory restaurant.

Contact:

Corrie and Co

Property Subtype:

Hotel

Date on Market:

17/01/2024
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More details for 15 Sinclair Gdns, Montrose - Hospitality for Sale

Hillside Hotel - 15 Sinclair Gdns

Montrose, DD10 9GB

  • Hospitality for Sale
  • £280,000
  • 4,775 sq ft
  • Restaurant

Montrose Hospitality for Sale

To the rear of the hotel is a small beer garden with smoking shelter. There is a car park which can accommodate approximately 10 vehicles. At ground floor an entrance foyer provides access to a public/lounge bar. Located off the public bar is a cellar which can also be accessed externally, storage rooms and male and female toilet facilities. On the opposite side of the reception corridor is a restaurant area which could accommodate approximately 50 covers. To the rear is a kitchen with additional food storage and laundry facilities adjacent. The first floor is accessed directly via a single stairwell from ground floor. The accommodation comprises 4 en-suite letting bedrooms which are a combination of single, twin and family rooms. The attic comprises a further 4 en-suite letting bedrooms.

Contact:

Shepherd Chartered Surveyors

Property Subtype:

Hotel

Date on Market:

13/03/2023
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More details for Promenade, Southport - Hospitality for Sale

Waterfront Southport Hotel - Promenade

Southport, PR9 0DZ

  • Hospitality for Sale
  • £15,000,000
  • 129,858 sq ft
  • Fitness Centre
  • Restaurant

Southport Hospitality for Sale

The Bliss Hotel, adjacent 50,000 sq ft building and land covers a 3.4 acre site in Southport town centre, fronting both the Promenade and the Marine Lake. It comprises a purpose-built venue with 131 bedrooms and penthouses, a lounge bar, restaurant, roof garden, gym, conferencing and events spaces and secure underground car parking for 120 cars.

Contacts:

Savills

Christie & Co

Property Subtype:

Hotel

Date on Market:

29/09/2022
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More details for Tay St, Perth - Hospitality for Sale

The Royal George Hotel - Tay St

Perth, PH1 5LD

  • Hospitality for Sale
  • £2,500,000
  • 32,718 sq ft
  • Restaurant

Perth Hospitality for Sale

Fabulous Historic 46-Bedroom City Hotel overlooking the River Tay Excellent city centre location; close to all major attractions and concert venue Recently refurbished public areas include cocktail bar, conservatory, garden room, ballroom, meeting rooms and all 46 bedrooms, completed in Spring 2025. Perth Gin Distillery located in the Hotel with adjacent "Gin Garden" Established Business with 2025 T/O £1.8m (net) forecasted The Royal George Hotel was constructed in the mid-19th Century although its origins as a licensed hostelry dates back some 251 years. The hotel has a spectacular position adjacent to the River Tay and located within the heart of Perth, one of Scotland's more affluent cities. Perth is a vibrant and affluent city which benefits from its position as the crossroads to the Highlands and has an excellent catchment area. The Tay City deal was signed in December 2020 bringing £700m of investment to the area. Since then Perth has gone from strength to strength using the Fund to expand Perth by the Invest in Perth Board. This has included a commitment to spend money on infrastructure and further establish Perth as an excellent place to live and work. One of the major projects was a £15million spend on the redevelopment of Perth's bus and railway stations, £24m on restoring and reposition the Town Hall and a recent £31million investment by Lalique into the Glen Turret Distillery. The redevelopment of Perth's City Hall was completed in March 2024 creating the new Perth Museum which is home to The Stone of Destiny, after the coronation of King Charles. The new museum which is only a 5-minute walk from the hotel, has attracted c.250,000 visitors in its first year of opening. Perth is also home to the award-winning Perth Racecourse, offering one of Scotland's best days out. The venue is unique and can be used for weddings, parties, events and conferences. Perth Races host over 120 events each year, which provides custom to the Royal George Hotel, and in 2025 there are 13 race meetings. We understand that the hotel benefits from 100% occupancy at every race meeting. The racecourse is located within the historic Scone Palace estate, with the latter a significant visitor attraction on the which the hotel can draw trade. The attraction for tourists, visitors, or locals looking for a day out is easily achieved with so much to offer such as the nearby cinema, theatre, art galleries, museum and amazing entertainment venues that draw world-class performers, in the Perth Concert Hall, which is on the hotel's "doorstep". In addition, the area is also world famous for golf, water sports, horse riding, fishing and the general aesthetic beauty of Perthshire. The area is benefitting from a significant level of investment in housing including an average of around 340 new dwellings per annum being developed within Perth until 2041. This will bring the total number of dwellings to some 28,318; Perth has an population of 47,893 (2022 Census); with excellent communications being seated on the confluence of the A9, M90, A90, A94 and A85. There is also a mainline train station and a private airport. Regional and national flights take place from nearby Dundee Airport which is less than 20 miles away and Edinburgh International Airport is some 42 miles away. The property is of a traditional stone construction with accommodation over 3 principal floors, plus basement/garden level and an attic conversion with dormer windows, all under a multi-pitched slate covered roof. The Royal George Hotel is located within a conservation area and is a Category B Listed Building by Historic Scotland to the George Street elevation, pictures top left. The hotel benefits from dual frontage with access both off George Street and Tay Street (overlooking the Tay River). In addition, there is a small private car park at the rear. The property benefits from a garden area overlooking the River Tay. Within this garden area the new Gin Garden is situated which has proved to be a very valuable outdoor space for the hotel since it was launched in 2021. Commencing in August 2024, the hotel embarked upon significant refurbishment and redecoration of the bedrooms and public areas. Focussing on a Scottish heritage style theme throughout, the works were completed by Spring 2025. The hotel has three entrances; from the car park, from George Street and the main entrance from Tay Street, via the hotel's garden and the reception lounge areas. The accommodation comprises briefly as follows:- All ensuite - 30 bath with shower over; 12 shower only; 4 bath with separate shower. Bedrooms are located at garden, 1st & 2nd floor levels. Lounge Bar, adjacent to Lounge, with access leading to McGregor Lounge (40) Main Hotel Restaurant (120) - off conservatory, with River Tay outlook The Ballroom (150) - off hallway; vaulted ceiling; bar servery; dance floor 3 Meeting/Private Dining Rooms - Morning Room (30); Board Room (20); DY Cameron Studio (8) Reception lounge area, central in hotel, with reception counter and office behind Conservatory Restaurant - overlooking River Tay Sun Lounge at main entrance - overlooking River Tay Attractive garden area to front with views of River Tay "Perth Gin Garden", located in garden, with access to Perth Gin Distillery Private car parking (appx 15) accessed off George Street 2 EV Charging Points There is a disused staff wing of the hotel which offers significant potential for additional accommodation or development, especially as this has River views. The sellers have plans drawn for the area and we understand they are looking to demolish the building ready for development in the near future. The basement area is leased to Perth Distillery Co. on a 10 year full repairing and insuring lease for £7,200 per annum, commenced 2021. The business is that of a City Centre hotel offering accommodation, conference, restaurant and bar facilities to an excellent cross-section of local, corporate and leisure business. The hotel has an excellent reputation locally driving trade as well as many direct bookings for conferences and events in the locality. In particular the hotel benefits from Perth Races, Scone Palace events including The Game Fair, The Scone Palace International Horse Trials (formerly The Blair Castle International Horse Trials) and a variety of music concerts and events. The hotel has benefits from accommodation from several multinational companies headquartered in Perth and newly opened Perth Museum, home to The Stone of Destiny. The hotel is located 15 miles North of the world famous Gleneagles hotel and is a popular venue for weddings, conferencing, funerals and private dinners and functions. In the 3 years to September 2024, the hotel has shown steady year-on-year growth in turnover with y-e 30th September 2024 total turnover of £1,752,215 (net of VAT). With the continuing business growth, the sellers are forecasting a turnover of circa £1.8m (net) for year financial year ending September 2025. The hotel is a well-rounded business with a good strong, diverse income stream and is a well- used meeting point for locals as well as national and international firms. Mains water, electricity, gas and drainage are all connected to the property. The plant room includes a CHP unit producing up to 13kw of electricity as well as 4 wall mounted gas boilers producing domestic hot water for the hotel. The vendors carried out a full IT upgrade in February 2021 which included tills, computers, handheld devices and guest line res links cloud based software PMS. There are two EV car chargers in the hotel car park for guest use. Fixed Price Offers of £2,250,000 are invited for the heritable (freehold) interest in the property, the trade fixtures, fittings and equipment, together with the goodwill of the business, which is to be sold complete as a going concern. Stock in trade to be purchased at an additional price at valuation on the date of entry.

Contact:

Graham & Sibbald

Property Subtype:

Hotel

Date on Market:

04/04/2019
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More details for 52 Racecourse Rd, Ayr - Hospitality for Sale

The Chestnuts - 52 Racecourse Rd

Ayr, KA7 2UZ

  • Hospitality for Sale
  • £1,100,000
  • 17,002 sq ft
  • Restaurant

Ayr Hospitality for Sale

The property is held on a 20-year full repairing and insuring lease from October 2008 drawn on full repairing and insuring terms although with tenant’s repairs obligation limited through a Schedule of Condition. The passing rent is £86,800 per annum with rent reviews based on an R.P.I. increase. The majority of fixtures and fittings are owned by the landlord, and an inventory is attached to the lease. The tenant is Craig Homes Ltd and, whilst there is no history of rent arrears, the vendors are willing to guarantee the rental for the remaining term of the lease. The subjects comprise a detached two-storey villa dating back to around 1870 with a range of one and two-storey extensions all set within a large corner plot offering ample off-street car parking and landscaped garden areas.

Contact:

Shepherd Chartered Surveyors

Property Subtype:

Hotel

Date on Market:

14/09/2018
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LoopNet Hotels & Motels for Sale in the UK

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More Articles
How Do You Value a Commercial Building?
How Do You Value a Commercial Building?
Key Assessment and Valuation Methods for Property Investment
What is Commercial Property Yield?
What is Commercial Property Yield?
Essential Knowledge for Maximising Your Commercial Property Returns
Understanding Net Initial Yield (NIY)
Understanding Net Initial Yield (NIY)
A Comprehensive Guide for UK Investors
Gross Yield in Commercial Property Analysis
Gross Yield in Commercial Property Analysis
Essential Knowledge for UK Property Investors and Owners
Equivalent Yield Explained: Evaluating Commercial Property Returns
Equivalent Yield Explained: Evaluating Commercial Property Returns
Essential Knowledge for UK Property Investors and Owners
Understanding Reversionary Yield in Commercial Property Investment
Understanding Reversionary Yield in Commercial Property Investment
Calculating Future Potential for UK Property Investors
What is Rental Yield in Commercial Property Investing?
What is Rental Yield in Commercial Property Investing?
Understanding Property Investment Returns and Income Assessment
Internal Rate of Return (IRR) Explained
Internal Rate of Return (IRR) Explained
Maximise Returns on Your UK Commercial Property Portfolio
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