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Hotel for sale in Moray

Undisclosed, Moray
Freehold Price:
Advert ID
44865 / Rightbiz
• Popular tourist catchment area
• Coastal location
• 7 Letting rooms - Potential to re-develop as a residential property
• 2 bed owners accommodation

Ref: 44865
Highland Hotel with coastal location.
This is an excellent opportunity to purchase a successful business which has been renovated to an excellent standard and trades with an enviable reputation and client base. Early viewing of this business is essential!
Price: £239,950
Ref: 44865

Bruce and Co. are delighted to offer for sale Crannoch Hotel, a beautifully presented Hotel situated Cullen, Morayshire. Crannoch Hotel provides bed and breakfast accommodation in a commanding property with elegant interior making the business very unique in the local area. The business also benefits from a popular dinner service to both residents and non-residents in the restaurant as well as offering an extensive bar menu which is available in the lounge bar.

The business has been under the very caring ownership of our clients for 15 years during which time they have carefully carried out substantial refurbishments throughout the entire property to a very high standard and are still adding improvements to the business. They are reluctantly offering the business to the market due to their impending wish to retire. Crannoch Hotel enjoys a generous turnover and not only provides the owners with an excellent source of income but also a wonderful home. The property truly is superbly presented and can only be appreciated in full by viewing. The business currently trades successfully but at a pace suitable with our clients’ lifestyle offering huge potential for new owners to increase turnover with special concentration on letting room sales and marketing.

Summary. This is an excellent opportunity to purchase a successful business which has been renovated to an excellent standard and trades with an enviable reputation and client base but also with the potential to convert to a residential property. Early viewing of this business is essential!

Offers in The Region of £239,950 are sought for the heritable property, fixtures, fittings and goodwill. Stock in trade will be additional at valuation.

An inventory will be compiled to detail all items of a personal nature excluded from the sale; this will be available to all parties wishing to offer.

Strictly by appointment through the sellers’ sole agents, Bruce & Company. Please remember when viewing that staff and locals may not be aware that the business is on the market and we would be grateful if you do not talk openly about the business while in the area.
Listing Details
Freehold Price: £239,950
Tenure: Freehold
Location: Undisclosed, Moray
Sector: Bed And Breakfast, Hotels
Contact Agent
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Advert Reference: 44865 / Rightbiz

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