Popular 8-Bedroom Villa Hotel with Restaurant and Bar in Hamilton for Sale
Hamilton, South Lanarkshire
- Status
FOR SALE
- Date Submitted:
18/09/23
- Advert ID
599709
- Reference
26380608 / Rightbiz
- Call Agent:
- Freehold: £850,000
- Turnover: N/A
- Net Profit: On request
Key Features
- Accounts Available
- Town Centre location
- Established Business
- With Car Park
Business Details
Long established and incredibly popular hotel, located in the town of Hamilton
Description
A wonderful opportunity has arisen to purchase The Villa Hotel, a long established and incredibly popular hotel that benefits from a prime position within a busy thoroughfare in the town on Hamilton, South Lanarkshire. This 8 ensuite bedroom hotel has been tastefully extended and upgraded over the years and has become a very popular stopping point for visitors to the area and contractors given the easy commute to both Glasgow and Edinburgh. The charming hotel has an excellent mix of income from wet, food, accommodation, and functions. Viewing is highly recommended to appreciate the flexibility and potential that the purchase of the hotel offers.
Bullet Points
8 Letting Rooms
Large Conservatory
145 Covers in total
Beer Garden & Mini Orchard
Good Condition Throughout
Freehold
Situation
Hamilton is home to excellent shopping facilities, sports amenities including golf courses, swimming pool, gyms, and parks. Hamilton racecourse is within walking distance of the hotel. There are several highly regarded schools as well as the nearby Hamilton College. The town of Hamilton has a wide variety of restaurants, bistros and pubs and is home to South Lanarkshire Councils headquarters. For those commuting by public transport there are regular bus and train links to the surrounding towns including East Kilbride, Motherwell, Glasgow, and Edinburgh. Hamilton West train station is within a few minutes’ walk of the hotel. The nearby M74 motorway provides excellent road links throughout the west of Scotland.
Business
The Villa Hotel has been successfully run by the current owners for more than 30 years during which time it has been tastefully upgraded and refurbished. The hotel is open throughout the year and welcomes families visiting the area, tourists exploring central Scotland, contractors and many more types of guests. The hotel has a restaurant and conservatory which between both can cater for 105 covers at any one time and benefits from a garden to the rear which has its very own mini orchard and capacity for an additional 20 covers. There is also a large and well-presented bar with capacity for an additional 20 covers. It is well known in the area for the extensive range of whisky and gin it offers. The hotel is fully licensed.
The Villa Hotel has a large commercial kitchen with a range of modern equipment including walk in fridge and freezers.
The hotel has a good mix of income across all revenue streams and there are a great number of areas where the business could be extended, such as extending the current hours and providing entertainment.
Property
The Villa Hotel has been well maintained and upgraded by the current owners. Entrance to the hotel is from the large car park at the front and into the main reception area. On the ground floor you will find the main restaurant, conservatory, and bar. The bar leads to the conservatory and out into the rear garden. On the ground floor you will also find the large commercial kitchen, breakfasting area and ladies and gents’ toilets.
On the first floor are the 8 ensuite letting rooms.
External
This hotel is a detached 2 story building on an elevated site sitting on around a quarter of an acre. There is ample parking at the property with enough space for at least 20 cars. To the rear of the property there is well looked after beer garden and mini orchard.
Services
The property has mains gas, water, drainage, and electricity.
Tenure
The property is held on a Scottish equivalent of Freehold
Trading Figures
Full trading information will be released after formal viewing has taken place.
Summary
The Villa Hotel is a rare and wonderful opportunity to acquire a popular hotel within central Scotland and has massive potential for growth. Viewing is highly recommended to appreciate the uniqueness and potential that The Villa Hotel has to offer.
Inventory
An inventory will be compiled to detail all items of a personal nature excluded from the same. This will be available to all parties wishing to offer.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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.
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Contact seller
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.
Be safe, use a Rightbiz Solicitor
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