FOR SALE
642463
10036 / Rightbiz
DESCRIPTION
The New Inn is a beautifully presented 18th century coaching Inn in the centre of the attractive Aberdeenshire village of Aberchirder. It also benefits from a fantastic, recently developed, micro-brewery on site. The property has been lovingly restored and updated over the last 14 years making it the hub of the community that it now is. The efforts of the owners to restore both the property and the standing of the establishment in the community, has resulted in a fantastic reputation with the locals creating an authentic pub atmosphere with delicious food, home brewed beer and entertainment space. Trading throughout the year, the pub is a great spot for both locals and visitors to relax and enjoy the community vibe.
REASON FOR SALE
It is the owners desire to retire that brings this exceptional opportunity to the market.
TRADE
The business benefits from a prominent trading position on the main street of Aberchirder ensuring a steady flow of both passing trade and a loyal local clientele from the main village. A streamlined business which is run by the two owners without the need for regular additional staffing. Trading throughout the year, whilst enjoying a high level of tourist trade during the Summer months, the business is sustained by the regular local trade in the winter months.
The business prides itself on the great variety of beers and ales that are on offer and is proud to be included in CAMRA’s Good Beer Guide.
The newly developed microbrewery has been a fantastic addition to the offering. The hand crafted beer is sold in the pub and has demonstrated exceptional profitability to date.
The business has been developed over 14 years of ownership resulting in an easily transferable, robust and well-formed business ready for new owners to take forward.
The current owners have their own web site, https://www.newinnaberchirder.co.uk. They are listed on TripAdvisor with outstanding 5/5 rating. The hotel also benefits from a very active Facebook page.
LOCATION
Aberchirder is an attractive 18th Century village situated in a picturesque rural Aberdeenshire setting and boasts a population of circa 1200. Often referred to as Foggieloan, the village has a feature village square and benefits from its own primary school, library and numerous retail outlets. Local towns of Banff (10 miles) and Huntly (11 miles) provide a wide range of social, economic and welfare facilities. The town of Portsoy on the beautiful Moray coastline is 9 miles away. Leading to an array of coastal towns and villages all unique and loved by tourists. The New Inn’s situation is also on the Castle Trail and Whisky Distillery Trail. Further afield, the village is approximately one hour from Aberdeen and two hours from Inverness. The business is located on Main Street with a prominent frontage and ideally located to other local businesses.
THE PROPERTY
The New Inn was built around 1780 and was originally a coaching inn where horses would have been stabled in what is now the Inn's dining room. This attractive traditional stone-built property with slate roof over is the epitome of a traditional local pub and benefit from a central location in the middle of the Main Street of the village. A flat roofed extension sits to the rear of the property and houses the toilets, function room and microbrewery. The flat roof has been recently replaced with a fully warranted rubber roofing.
The property has been finished to a fantastic standard throughout. Expertly combining modern style with traditional comfort. This loving restored property must be seen to be fully appreciated.
FINANCE AND LEGAL SERVICES
ASG Commercial Ltd is in touch with a variety of different lenders who can provide specialist finance. We will be delighted to discuss your financing requirements with you and make an appropriate introduction where appropriate. We also have many contacts in the legal profession who can assist in all legal matters arising.
SERVICE ROOMS
MICROBREWERY
Located in a fully renovated area within the building at the rear of the property, the microbrewery has been fully up and running for 6 months. This has given the New Inn a new self-sufficiency reducing the costs of purchasing draft ale externally. It demonstrates an enviable profit margin and offers at the same time local draft brewed beer. It is a huge asset for those wanting to acquire a hospitality business in charge of its own ales. At the present time five ales are on hand pull alternating with another two. All have been received with fantastic enthusiasm.
THE KITCHEN
The large commercial kitchen is fully equipped. The main stay of the kitchen is a Rational Ten Grid Oven White Efficiency self-cooking centre with extractor canopy and stand with cooling tray storage.
It also includes a Hobart commercial dish washer, hob, fryer, fridges, freezers, sous vide, microwaves and all other necessary equipment for a business of this size.
CUSTOMER SERVICES/WASHROOMS
There are separate male, female and accessible toilets located centrally. These rooms have recently renovated and refurbished to a high standard.
UTILITY
Washing machine and drying area close to outside area.
OFFICE
There is an office located to the right-hand side of the guest entrance hall which houses the New Inn CCTV equipment along with a desk, printer and shelving areas.
SERVICES
The property benefits from mains electricity, mains water and drainage. Electrical heating throughout. The hotel complies with all environmental health requirements, has an integral hard-wired fire alarm system and is Wi-Fi enabled throughout.
EPC RATING
The EPC rating for the property is C.
ACCOUNTS
Full accounting information will be made available to interested parties subsequent to viewing.
TITLE NUMBER
The title number for the property is BNF2230.
PRICE
Offers in the region of £379,000 are invited for the heritable property complete with goodwill and trade contents (according to inventory), excluding personal items. Stock at valuation.
OFFERS
All offers should be submitted in writing to ASG Commercial Ltd with whom purchasers should register their interest if they wish to be advised of a closing date, should one be set.
GROUNDS
A new partially covered beer garden and seating area in a sheltered outside position. With flower tubs and boxes it creates a charming and relaxed atmosphere. Planning permission is in place to add French doors which will allow direct access from both the restaurant and events hall to the garden.
Ample parking is available for guests both to the front and back of the property. There is a spacious car park to the rear which can accommodate approximately 10 cars, supplemented by on-street parking. There is also a large storage container located to the rear of this space which is available for purchase by separate negotiation.
LICENCE NUMBER
The business has a licence under the Licencing Scotland Act 2005, and a copy of the operating plan is available to interested parties, which details operating practices. The licence has reference LAPREM/00090/22.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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