FOR SALE
15/01/24
605083
1431 / Rightbiz
Fantastic Trading location in sought after coastal village. Well performing and profitable multi-income stream business. Offered in excellent walk-in condition after recent capex spend. 16 letting bedrooms (all en-suite). Lounge bar with real fire. Well-appointed restaurant (30 covers). Licensed beer garden at the rear. 36 minutes by train to Edinburgh Waverley. Close to Motorway network (M90). Award winning village with one of the best beaches in Scotland. An exciting opportunity. Same ownership for the last 16 years. Located in Fife – “The golf capital of the world”.
FREEHOLD Guide price £895,000
The Aberdour Hotel enjoys a prominent trading location on the High Street, in the affluent Fife coastal village of Aberdour. Aberdour is a sought after village and trading location on the Fife coast, approximately a 30 minute drive from Edinburgh. The village is often a participant and winner in “Britain in Bloom” competitions with the Victorian railway station a multi award winner for its displays and presentation. The village is well regarded for its beautiful and award-winning sandy beaches attracting tourist and day-trippers all year round and especially in the summer.
The Railway station is part of the East Coast main line, offering a very regular connection to Edinburgh Waverley (36 mins journey time) and beyond. There is also an easy communications link via road, the M90 motorway is 4 miles from Aberdour, with Edinburgh, Edinburgh Airport, Glasgow, Perth and Stirling can be all accessed within an hour’s drive.
The hotel is also situated in a mecca for golfers. Fife is regarded world-wide as the “Home of Golf” – with 44 courses located within the region like St Andrews, Kingsbarns and Carnoustie. The village boast its own impressive parkland course as well as being close to some of the best courses nationally and internationally.
Aberdour as well as nearby Dalgety Bay are growing residential areas with new housing now in progress for both.
The Aberdour Hotel is an exceptionally well performing business, trading well with a strong sales mix including room income as well as food, beverage and function income. Our clients have skilfully run the business for the last 16 years and are offering the hotel for sale with yet further untapped potential for turnover and profit growth. At present the village is under served by licensed offerings, with only a small pub and an exclusive use hotel for competition on the busy high street.
The restaurant is well patronised by a mixture of hotel guests, villagers and passers-by. The letting rooms, by a mixture of tourists, business people, golf parties as well as a mix of general custom. Occupancy and room rates rise in the summer months and the rooms are effectively marketed on a number of channels including booking.com. The letting rooms are particularly popular with golfers and golfing parties who use Aberdour as the perfect base to explore the best courses Fife and further beyond have to offer.
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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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