Hotel for sale

Lochay Road - FK21

£674,995

Property Description

Commercial information

  • Business for sale

Key features

  • 8 Letting Rooms, 6 En-Suite
  • Public lounge bar
  • Resident lounge, Dining Room
  • Excellent owners apartment, Highly profitable business

Full description

Tenure: Freehold

Description
The Coach House Hotel is an extremely well run business that has been run by the current proprietors since 2005. The property dates back to 1872. Since purchasing, the current vendor’s have renovated and upgraded the property. The hotel is now presented at walk in condition throughout and offers a highly profitable family business. The property has been placed on the market due to the current proprietor’s wish to retire from the hospitality industry. The business trades throughout the year and its quality is reflected in the number of awards it currently holds such as achieving, 3 stars from Visit Scotland, 4.5 out 5 on trip advisor and being highly regarded in the area. Additional marketing is carried out through its own informative website www.hotelkillin.co.uk

The business is trading extremely well but offers any potential purchaser the opportunity to expand both the property and business.


Situation
Killin is a village situated at the western head of Loch Tay. The village is 21 miles North of the popular town of Callander and 37 miles from Stirling.
Killin has a small primary school with 56 pupils. For secondary education the children have to travel to Callander.
The Coach House occupies a commanding position on Lochay Road on the outskirts of the village.


Building Internal
The Coach House dates back to 1872 and sits commandingly within its own grounds. The property is a detached stone built property, that has been tastefully renovated and extended at various periods.

The main entrance of the Hotel is via a large traditional entrance from the front of the property. The main entrance leads into a large period reception hallway. The hallway is well presented and tastefully decorated in keeping with the property. To the right of the hallway you will find the residents breakfast room. The dining room is well presented accommodating 16 persons. The dining room features dual aspects to the side and front of the property, along with an open fire place and wooden floors. To the left on entry you will find the residents lounge. The lounge is well furnished with tub chairs and low occasional tables. Again the lounge benefits from dual aspects to the front of the gardens and has an open fireplace.

Also located on the ground floor you will find a third room. This room is currently used as private accommodation by the vendors, however does offer space for an additional letting room or public room.

To the right of the property from the car park, you will find the ‘Coach Lounge Bar’. The public lounge bar can be accessed internally from the hotel by residents and also benefits from its own public entrance. The lounge bar is well presented and decorated in keeping with the area and period of the property. The lounge is well furnished with a mix of bench seating along with wooden tables and chairs offering seating for 45+ persons and further benefits from a pool table and log burner fireplace.

The lounge bar at the Coach House is a popular live music venue within the village, providing weekly music throughout the summer season. The lounge bar also offers a full lunch and dinner service to both residents and non-residents.

Ladies and Gents facilities and well located of the public areas on the ground and first floors.

Letting bedrooms

Letting Accommodation
The Coach House Hotel has 8 letting bedrooms, 6 of which are en suite. The bedrooms are set over the 1st and 2nd floors. On the 1st floor you find 5 letting rooms, 4 doubles and 1 twin. 1 Double and the twin share a bathroom on the first floor.

The remaining 3 letting rooms, are accessed off the 2nd floor. These rooms consist of a further three bedrooms, these comprise of 2 twins and 1 double, all of which are en-suite.

All of the bedrooms are presented to a good modern standard and benefit from flat screen TVs, hair-dryers, Wifi and hospitality trays.


Owners Accommodation
Located on the first floor of the property and accessed via a private stairway off the service areas, you will find the owners apartment. The apartment offers good family living and comprises 2 double bedrooms, family bathroom with white three-piece suite and a shower over the bath. The apartment also benefits from a spacious open plan living/dining and kitchen area. The living area further benefits from a French balcony with patio doors to the front. The owner’s apartment is well presented with tasteful décor.

The owners also benefit from a private garden to the side of the property, with private entrance. The gardens are laid mostly to grass and borders, with a timber deck patio and pagoda.



Service Areas
As expected with a property the style and size of the Coach House Hotel, there are ample service areas including; a fully fitted commercial kitchen, laundry, cellar, dry goods store, spirit store and freezer room.

There is ample storage on each floor of the hotel for housekeeping.

The property further benefits from CCTV and WIFI throughout the property.


Building External
The property occupies and enviable location and sits commandingly within its own spacious grounds. There is a large car park to the right of the hotel, to the front there are mature gardens. Located directly across the road, on the river bank, you will find a large grassed area. This area offers an excellent location for marquees, or would offer the opportunity to build self-catering lodges.

Business and Opportunity
The Hotel trades throughout the year. The business has a good mix of tourist guests, contractors and business visitors as well as serving the local community, who use the hotel committee meetings. The Hotel offers lunch and dinner to non-residents.

Services
We are advised the property has mains water, drainage and electricity, with tanked LPG for CH HW and cooking

Tenure
The property is held on the Scottish equivalent of Freehold.

Licence
The business trades with the benefit of a full Hotel Licence and conforms to all fire regulations.


Summary
The sale of The Coach House Hotel offers a rare opportunity to purchase a high quality, beautifully presented property which is trading well but with potential for expansion of the business. Viewing is highly recommended.

Price
OIRO £674,995 are sought for the heritable property, fixtures, fittings and goodwill. Stock in trade will be additional at valuation.

Inventory
An inventory will be compiled to detail all items of a personal nature excluded from the sale and items subject to lease; this will be available to all parties wishing to offer.

Viewing
Strictly by appointment through the sellers’ sole agents, Bruce & Company. Please remember when viewing that staff and locals may not be aware that the business is on the market and we would be grateful if you do not talk openly about the business while in the area.

Offers
All offers, couched in Scottish Legal Terms, should be submitted to the seller’s sole agents Bruce & Company.


Nearest station

  • Crianlarich (12.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Bruce & Co

First Floor Office, Unit 9A South Gyle Crescent, Edinburgh, EH12 9EB

0131 291 0567 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Crianlarich (12.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Bruce & Co

First Floor Office, Unit 9A South Gyle Crescent, Edinburgh, EH12 9EB

0131 291 0567 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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