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Long Established Hotel And Public House

Langholm, Dumfries and Galloway
Freehold Price:
£210,000
Status
FOR SALE
Advert ID
151990
Reference
2457 A / Rightbiz
Business
Hilton Smythe is delighted to welcome to the market this long established hotel and public house in Langholm, Dumfries & Galloway. The business was established in 1915 and has been in our clients careful hands since 1998.

The business is only now being offered to the market due to our clients desire to explore other business interest. The business is open 7 days a week and generates a turnover in the region of £122,000 per annum with a gross profit of approximately 63%.

Buck Hotel is an attractive hotel and public house with an excellent reputation and a loyal customer base. This long established business is fitted to a high standard and is presented very well throughout. The business host a variety of events and games including, horse racing nights, rugby event weekends, is supported by 2 darts teams, football events, functions and live music.

The owners accommodation is fitted to a very high standard and is decorated with modern and current designs. Each of the rooms are very bright and airy with generous living space in each room. The accommodation includes 5 large bedrooms, storage room, office (formally an en-suite), bathroom and shower room.

The present owner wishes to retire and has been mainly focussed on wet sales, we feel the business could expand into selling foods to increase turnover. The business also has the potential to improve by renting out the splendid function hall and further bedrooms, as well as a superb enclosed beer garden to the rear with outbuildings offering potential for redevelopment.

This is a rare opportunity for a new owner to take this already thriving business to the next level; therefore early viewing must come highly recommended.

Location
Buck Hotel is located in Langholm, Dumfries & Galloway.

The business nestles in the beautiful town of Langholm, which is surrounded by breath taking scenery on the river Esk. The area is supported well by public transport from the x95 bus line, which runs through the town.

Langholm is location in Dumfries and Galloway, on the River Esk and the A7 road. The town is approximately 20 miles north of Carlisle and 70 miles south of Edinburgh astride the A7. Langholm has an approximate population of 2,300.

The town is surrounded by many attractions popular with tourists, including four hills, popular with hillwalkers. Armstrong Museum, fishing, golfing and shooting nearby.

Premises
Semi-detached parade premises, briefly summarising:

Buck Hotel is fitted to a high standard and is very well presented throughout.

Ground floor:
The ground floor is made up of a vestibule entrance leading to a large function bar with lounge area, which is finished in wooden with a large bar area, the room has a traditional feature fireplace.

Also on the ground floor is a further public bar with additional lounge area/games area which includes a dart board, jukebox and flat screen tv.

Toilet facilities, store room and a utility room are also in place.

First floor:
The first floor consists of a function hall with anti room incorporating serving hatch with shutters and further toilet facilities.

Second floor:
The second floor contains a bedroom, which is currently being used as an office with additional office area and storage room, which was once an en-suite.

Third floor:
The third floor has a further 2 generous sized bedrooms with a separate bathroom.

Fourth floor:
The fourth floor consists of a further 2 bedrooms, one of which is currently used by the owner as his sitting room, a modern shower room is fitted in place for the last bedroom.

Equipment:
4 double display fridges
3 tills
2 sky boxes
6 burner gas cooker
Microwave, Bain-Marie
Amplifier
2 speakers
Disco lights
2 ice machines
Chest freezer
Washing machine
Tumble drier

External:
The exterior of the premises is made up of a beer garden, outbuildings and toilet facilities.

Tenure
We are advised ownership.

Hours
Monday: 2pm - 11pm
Tuesday - Wednesday: closed
Thursday: 5pm - 11pm
Friday: 2pm - 12pm
Saturday: 11am - 1am
Sunday: 12pm - 11pm

Staff
The business is owner run and managed with the assistance of 5 part staff members.

Financial Profile
We are advised the business generates a turnover in the region of £122,000 per annum and a gross profit of approximately 63%.

Listing Details
Freehold Price: £210,000
Tenure: Freehold
Location: Langholm, Dumfries and Galloway
Sector: Hotels, Bed And Breakfast
Financials
Annual Turnover: £132,961
Key Features
  • Prime Location
  • Price Reduced
  • Established Business
Contact Agent
Telephone: Upgrade to view
Agent Name: Upgrade to view
Advert Reference: 2457 A / Rightbiz
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What's nearby
Within 1 milei:
Becks Farm (Point Of Interest)
Park (Bus Station)
Sticks'n'Stuff (Store)
Buck Hotel (Lodging)
Morrison T & Son (Car Repair)
Meg's Home Bakes (Bakery)
Parking (Parking)
Bank of Scotland (Bank)
The Castleholm Sports Field (Premise)
Jane Norman Ltd (Clothing Store)
Listing Statistics
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