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12 Bedroom Hotel Restaurant And Bar In Sanquhar Dumfriesshire

Sanquhar Dumfries and Galloway
12-bedroom hotel Sanquhar, Dumfriesshire T/O: £230,000 GP: 53% Huge scope Well-equipped Prime location Lifestyle change business
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 69751
ADVERT IMPRESSIONS : 5,391 TIME(S)

 
BUSINESS SECTOR: Hotels / Pubs / Accom
TRADE TYPE: Hotels
SALE: Agent Sale

FREEHOLD:

£445,950
 

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BUSINESS DETAILS:

Location
The Nithsdale Hotel occupies substantial 3-storey corner premises, ideally located in a prominent trading position on High Street in Sanquhar town centre, Dumfriesshire. There is ample private parking to the rear and a number of bus stops and the railway station within easy walking distance. The hotel is surrounded by a wealth of complementary shops and businesses and enjoys a high footfall with much passing trade. Sanquhar is steeped in history and culture and is known as being home to the 'oldest working Post Office in the world'. The town is popular with tourists, walkers, fishermen and cyclists due to its rural location on the River Nith. The premises boast easy access to the A-road network and the A74(M) is 16 miles away. Cumnock lies approximately 16 miles away, while Dumfries is 24 miles to the south.

Business History
Preferred Commercial is pleased to offer for sale this 12-bedroom hotel, restaurant and bar, which was established in 1860 and which has been in our clients' careful hands since 1996. The hotel is only now offered to the market due to our clients' other business interests. The business trades all year round and generates a turnover in the region of £230,000 per annum with a gross profit of 53%. The Nithsdale Hotel offers 12 guest bedrooms, bar and function room facilities, as well as a traditional pub menu. All the guest bedrooms have en-suite facilities and are fitted to a high standard and well-maintained. We feel the turnover could be further increased by introducing lunch time meals and perhaps from a modest marketing campaign advertising the function room further. The business has an excellent reputation and is highly regarded by previous guests with excellent reviews on 'Trip Advisor'. We have been advised that there are plans to build wind turbines close to the area, which will generate a lot of commercial trade. There is a website in place advertising the hotel and services provided. This is an ideal lifestyle change opportunity to acquire an already busy hotel with an enviable reputation and huge scope for future growth. Early negotiations with Preferred Commercial must come highly recommended.

Financial Details
T/O: £230,000 approx.
GP: 53%

Opening Hours
Mon - Thurs: 11:00am to 12:00am
Fri - Sun: 11:00am to 1:00am

Accommodation Details
Substantial 3-storey hotel premises with 12 en-suite letting rooms, restaurant, bar and function room. Briefly comprising:

Ground Floor
• Restaurant with feature wooden beams, tables and chairs for up to 30 covers and a piano
• Restaurant bar servery
• Reception area
• Ladies and gents WCs with wash hand basins
• Bar area with flexible seating, pool table, dartboard and bar servery
• Further ladies and gents WCs with wash hand basins
• Beer cellar
• Function room with disco lights, sound system, raised private seating area and patio doors to rear beer garden
• Function lounge with seating
• Bar serving function suite and lounge with 4 x drinks chillers
• Further ladies and gents WCs with wash hand basins
• Beer cellar
• Commercial kitchen, split over 3 rooms, with 6-burner hob and electric oven, grill, 4 x microwave ovens, refrigerator, 4-burner gas hob and oven, double grill, work surfaces, sink unit, dishwasher, double sink, 3 x freezers, refrigerator and storage area

First Floor
• Room 1: double bedroom with en-suite shower room
• Room 2: single bedroom with en-suite shower room
• Room 3: family bedroom with double and single beds and en-suite shower room
• Room 4: twin bedroom with en-suite shower room
• Room 5: double bedroom with en-suite shower room
• Room 6: single bedroom with en-suite shower room
• Room 7: double bedroom with en-suite shower room
• Room 8: single bedroom with en-suite shower room
• Room 9: twin bedroom with en-suite shower room

Second Floor
• Room 10: twin bedroom with en-suite bathroom
• Room 11: family bedroom with double and single beds and en-suite shower room
• Room 12: single bedroom with en-suite shower room

External
• Patio area to rear with beer garden
• Car park to rear

Tenure
Advised freehold
   
  FOR SALE
   

REFERENCE:

2848 / RightBiz
   
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