18-Year Established Royal Hotel in Girvan South Ayrshire for Sale
Girvan, South Ayrshire
- Status
FOR SALE
- Date Submitted:
14/01/20
- Advert ID
254513
- Reference
B05776 / Rightbiz
- Call Agent:
- Freehold: £259,995
- Turnover: £100,576 (£1,934 Per week)
- Net Profit: £1,413 (2% Profit margin)
Business Details
Well Established Hotel Business With An Enviable Reputation
BusinessPlease Quote Reference B05776
Hilton Smythe are delighted to welcome to the market stylish well-established hotel business with an enviable reputation. The Royal Hotel has been under the careful & meticulous ownership of our client for the last 18 years and is only now being offered for sale as it’s our clients desire to take well-earned retirement from within the industry
The Royal Hotel has a great reputation with guests for the high-quality service, accommodation and delicious cuisine, which has resulted in a loyal client base, with a lot of repeat trade and word of mouth referrals all resulting in some superb online reviews.
The business attracts bookings from all four corners of the globe with many of these being repeat visitors with the business building up an impressive list of clienteles due to the friendly facilities and privacy that are on offer.
The turnover is generated by offering 7 well-presented guest rooms, with 5 en-suite facilities with a further 2 rooms sharing a bathroom and all being finished to a great standard.
Breakfast and meals are served in the spacious and sunny 35-seater restaurant by our client and uses only the best quality ingredients and locally sourced produce where possible. Guests can also relax in the public bar area within the hotel.
During the summer months guests can enjoy a drink in the beer garden that comes with a range of garden furniture available to sit & enjoy the surroundings.
Separate Owners accommodation comprises a good sized 3-bedroom property, with lounge, bathroom, kitchen, office space and laundry area.
The business has an excellent website in place to advertise the business and the services offered along with the option to book a room.
We feel that there is scope to increase turnover further by undertaking a robust marketing campaign via local & national press along with choice sporting magazines and targeting large corporate companies as a venue of choice for travelling executives.
A tremendous opportunity to own this highly desirable, turnkey business, and early enquiries must come highly recommended to avoid disappointment.
EARLY ENQUIRIES HIGHLY RECOMMENDED.
Location
The Royal Hotel is located within the popular Ayrshire town of Girvan, situated on Montgomerie Street not far from the town centre.
Girvan is situated on the Ayrshire coast, set against a scenic coastal backdrop that includes the island of Ailsa Craig, renowned for its extraction of granite. The town benefits from being located some 20 miles from Prestwick Airport, with Glasgow airport to be found 60 miles away, making this part of the Ayrshire coast a popular destination.
Girvan is well serviced in terms of local amenities with primary and secondary schooling & a good selection of independent restaurants and shops located in the town centre along with being well serviced with leisure facilities that also include the world-famous Turnberry links golf course.
The town further benefits from good road and rail links to & from Glasgow & further afield.
Premises
The Royal Hotel is in a substantial, 3 story, well presented end of terrace property that has undergone a period of refurbishment to a good standard over the years.
Accommodation comprises:
- Ground Floor - Public bar area, separate well-appointed restaurant area (35 covers) with further bar, W/C’s, access to owner’s apartment, cellar area.
- Lettings rooms are over the 1st & 2nd floors with 5 rooms en-suite with a further twin & single room sharing a bathroom.
- Owners Apartment consisting 3 bedrooms, lounge, bathroom, kitchen, laundry room and office space.
- Externally there is ample off-street parking in the private car park, generous beer garden area located to the rear of the building.
Tenure
We are advised that tenure is offered on a freehold Basis.
Hours
The business currently operates to suit the needs of the individual guests over a 12-month period.
Staff
The business is run & managed by the current owner.
Financial Profile
Accounts will be made available to interested parties. For further information quote reference B05776.
The 2023 accounts show a turnover in the region of £100,000.
Contact Agent
Listing Statistics
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Stay Safe
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.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.'.
Stay Safe
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.
Stay Safe
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.
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