A well presented multi income stream hotel, in Aberdeenshire village of Tarves (ref 1638)

Same owners for the last 17 years. Retirement sale. Only 9 owners since 1892. An immaculately presented village hotel in a sought-after location. Located in the heart of a pretty Aberdeenshire village. Multi income stream business. 4 letting bedrooms. Very neatly presented public areas to include a bar, lounge bar, bistro and large function room. Growing village, 17 miles north of Aberdeen city. Walk in condition for new owners. Large car park to rear.

FREEHOLD Guide price £550,000.

The neatly presented village of Tarves is in the heart of rolling Aberdeenshire countryside, near equidistant between the towns of Old Meldrum and Ellon. Tarves is an extremely attractive village with a well looked after main square. The village continues to grow with new housebuilding on the outskirts.

The village is located on the B999 17 miles to the north of Aberdeen city centre.  The city of Aberdeen is the 3rd largest city in Scotland and home to a population close to 200,000. The economy of the city is still based around offshore oil exploration and offshore renewable industry. The city still enjoys the status of “the oil capital of Europe.” The benefits to the city and surrounding areas including villages like Tarves are obvious.

Tarves is around 15 miles from Dyce (Aberdeen) Airport and a similar distance from the Aberdeen Western Peripheral Route that has transformed access in and around as well through Aberdeen city.

The area around Tarves offers easy access to ancient castles, stone circles, whisky distilleries and spectacular cliffs and sandy beaches. The beautiful stately home and extensive park, Haddo House, now looked after by the National Trust for Scotland, is situated on the edge of the village.

The Aberdeen Arms Hotel has been rarely available on the open market, our clients are only the ninth owner in the last 133 years. The hotel operates as a multi-income stream business, offering an excellent mix of beers, wines and spirts as well as trading with a tasty lunch and dinner menu.

Given the prime trading position on the square in the heart of the village, the function room and hotel cater for a wide variety of functions ranging from birthdays, funerals and weddings to music and entertainment.

The rooms are popular with tourists as Tarves is well situated for a variety of tourist destinations and the hotel is on the North Sea Cycle Route.

The hotel is the only licensed establishment in this growing village, which serves the locals as well as outlying local area.

Although the business trades well and performs at a very profitable level there is still obvious headroom for new owners to develop and place their own stamp on the business.