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A stunning recently refurbished small Hotel with Restaurant in Kirkcudbright

Kirkcudbright, Dumfries and Galloway
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A stunning recently refurbished small Hotel with Restaurant in KirkcudbrightA stunning recently refurbished small Hotel with Restaurant in KirkcudbrightA stunning recently refurbished small Hotel with Restaurant in KirkcudbrightA stunning recently refurbished small Hotel with Restaurant in KirkcudbrightA stunning recently refurbished small Hotel with Restaurant in KirkcudbrightA stunning recently refurbished small Hotel with Restaurant in KirkcudbrightA stunning recently refurbished small Hotel with Restaurant in KirkcudbrightA stunning recently refurbished small Hotel with Restaurant in KirkcudbrightA stunning recently refurbished small Hotel with Restaurant in KirkcudbrightA stunning recently refurbished small Hotel with Restaurant in KirkcudbrightA stunning recently refurbished small Hotel with Restaurant in KirkcudbrightA stunning recently refurbished small Hotel with Restaurant in KirkcudbrightA stunning recently refurbished small Hotel with Restaurant in KirkcudbrightA stunning recently refurbished small Hotel with Restaurant in KirkcudbrightA stunning recently refurbished small Hotel with Restaurant in Kirkcudbright
  • Status

    FOR SALE

  • Date Submitted:

    22/07/21

  • Advert ID

    280047

  • Reference

    EDI-2021-06-0298 / Rightbiz

  • Call Agent:

    Registered Buyers only »

  • Freehold: £500,000
  • Turnover: Not Applicable
  • Net Profit: N/A

Business Details

Graham Sibbald are delighted to be marketing the Garret Hotel for sale.  The Garret, a Georgian town house, dating from the early 19th Century, and an Historic Scotland Category C Listed Building, has been totally refurbished and restored creating this excellent and quality town house-style hotel - "a restaurant, rooms & café-bar". Just off the town's main thoroughfare, on the historic High Street, the hotel for sale enjoys the amenity of having an attractive terrace and garden to the rear - all-in-all a combination of facilities, coupled with the inclusion of a private flat, which combine to create a highly rewarding business.

The hotel is situated close to the centre of the attractive and well-known coastal town of Kirkcudbright, which combines successfully the more modern attractions of a picturesque resort, with a regular town centre, which includes a variety of businesses and activities and a range of local small industry and services. Kirkcudbright has long been a centre for visual artists and is known as "the Artists' Town" and has had a long association with the Glasgow art movement, including the Glasgow Boys and the Scottish Colourists who based themselves in the area over a 30-year period from 1880 to 1910, establishing the Kirkcudbright Artists' Colony. Kirkcudbright, in the beautiful Dumfries & Galloway region, has easy access to the beaches of the Solway Coast, to the Galloway Hills, Mountain Biking venues, a range of challenging golf courses and the UK's first 'Dark Sky Park' at Galloway Forest.

The sellers purchased the property for sale, following both fire damage and a period of closure, and undertook an extension to, plus extensive renovation and refurbishment of, the property to create this attractive boutique-style town house hotel. The Garret has been well received, signalled by the good and profitable early trading results, and excellent for new owners to develop further this small hotel, capitalising upon the already successful business after two years of trading.
 

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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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