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Thriving Keith Hotel & Bar for Sale in Moray – Prime Location, Family-Run, Excellent Service

Undisclosed, Moray
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Busy Hotel and Bar for Sale in the Heart of Keith Photo 1
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  • Status

    FOR SALE

  • Date Submitted:

    18/03/22

  • Advert ID

    292392

  • Reference

    18343013 / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £450,000
  • Turnover: On request
  • Net Profit: On request

Key Features

  • Established Business
  • Close to Local Amenities
  • Town Centre location
  • With Car Park
  • Fully Fitted
  • Retirement Sale
  • Prime Location
  • Free of Tie Leasehold

Business Details

Busy Hotel and Bar for Sale in the Heart of Keith

CCL are delighted to offer the opportunity to purchase the popular Ugie House Hotel. A family run hotel in the ever-popular tourist town of Keith. Offering the warmest of welcomes and great service. Early viewing is strong recommended to truly appreciate the quality of this property and the full business potential it offers.

Ugie House Hotel in Keith, a charming, Scottish, historic town with authentic narrow streets. With a Scottish, historic town with authentic narrow streets. With a history of cattle trade and textile heritage, the town of Keith history of cattle trade and textile heritage, the town of Keith still is a thriving community. The Annual Keith Country Show has still is a thriving community. The Annual Keith Country Show has been going for over 140 years and is one of the most prominent been going for over 140 years and is one of the most prominent events in the Scottish agricultural calendar. Bustling Keith has events in the Scottish agricultural calendar. Bustling Keith has got four distilleries, numerous traditional shops, good got four distilleries, numerous traditional shops, good restaurants, supermarket, hotels and schools. Keith is on the restaurants, supermarket, hotels and schools. Keith is on the A96, main Inverness to Aberdeen route. Both have airports A96, main Inverness to Aberdeen route. Both have airports which offer daily flights to both UK and mainland Europe. Keith which offer daily flights to both UK and mainland Europe. Keith is a central location for servicing the NE of Scotland being is a central location for servicing the NE of Scotland being equidistance from both Inverness and Aberdeen.

Ugie House Hotel is a substantial property that has traded as a hotel for several years, the current vendors have owned and operated the business since 2010 purchasing the freehold property in 2016. The property has now been placed on the market due to the current proprietor’s impending wish to retire from the tourist trade.

Keith is at the start of Scotland's Malt Whisky Trail, and has three distilleries: Strathmill, Glenkeith and Strathisla distillery, one of the oldest in the Highlands and since 1950 headquarters of Chivas Brothers, producers of Chivas Regal. Within the town’s immediate environs there may also be found Auchroisk, Aultmore and Glentauchers. The Keith and Dufftown Railway is an 11-mile heritage railway running to Dufftown.

Two annual events attract tourists to Keith. The first of these, the TMSA Keith Festival, falls on the second weekend of June and celebrates the traditional (and not so traditional) music of the area, providing entertainment in the form of concerts, ceilidhs, competitions and sessions. On the second weekend of August the town hosts the Keith Country Show. The show was founded in 1872 and every year promises days of prize-winning livestock and family fun.

There are 10 letting bedrooms, all of which have en-suite facilities. The letting bedrooms are all located on the first floor of the property. All the bedrooms have been individually furnished and decorated to a high standard.

This property is the held on the Sottish equivalent of a freehold.

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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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