Hotel for sale

St. Fergus - AB42

£599,950

Property Description

Commercial information

  • Business for sale

Key features

  • 9 letting rooms
  • Large Lounge/Bar
  • 7 Static Caravans
  • Long term contracts with local businesses

Full description

Tenure: Freehold

Description
Keyhead Guest House is an extremely well run business that has been run by the current proprietor since 2004. The property has been placed on the market due to health reasons. The guest house trades throughout the year and benefits from being extremely popular with contracts working at the local gas plant and having many long term residents giving an excellent regular income. It enjoys much repeat custom, particularly due to its excellent location.

Keyhead Guest House offers excellent accommodation for both guests and owners.



Situation
St Fergus is a village in Aberdeenshire, Scotland, formerly in the county of Banffshire. St Fergus lies a mile from the North Sea coast and three miles north west of Peterhead
Keyhead Guest House lies on the main Aberdeen road and occupies a large plot, benefiting from excellent off street parking and ample space to expand the business and property.


Building Internal
Keyhead Guest House is of traditional timber and brick construction. The building itself has been extended and modernised at various periods. The property is set in its own spacious grounds and offers excellent guest and owner accommodation. The property has been maintained to a high standard. The main entry is from the front that leads into a reception hallway which in turn gives access to all accommodation, public and private areas.

The Public Bar, lounge bar and restaurant have all been closed by the current vendor and are in need of refurbishment. The vendor has planning to convert these spaces into further letting or owners accommodation although poor health has prevented this.

The property benefits from a large residents lounge which has a pool table, weights machine and small bar area for making tea and coffee along with a microwave.


Letting Accommodation
There are 9 letting bedrooms, 5 of which have en-suite facilities. The rooms are set up as double or single bedroom. The bedrooms have been maintained to a high modern standard and include free sat televisions and tea/coffee making facilities.

Owners Accommodation
Situated to the rear of the park, there is a spacious two bedroom owners Chalet. The chalet comprises two good sized bedrooms, lounge, bathroom and kitchen.

Service Areas

As expected with a property the style and size of Keyhead Guest House, there are ample service areas including kitchen, laundry room, office, dry store and utility room.


Building External
The property sits prominently on its own grounds. To the front is a large car park for 30+ cars. To the rear is the caravan park with each caravan having ample parking for two cars. All Caravans have mains drainage, electricity, LPG for heating and cooking.

Services
The property has mains water, drainage, tank kerosene and electricity.

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



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

Trading Figures
Accounts are available on request after a formal viewing has taken place.


Summary
The sale of Keyhead Guest House offers a rare opportunity to purchase a high quality, beautifully presented former hotel which is trading well but with potential for expansion of the business. It benefits from its highly desirable location.

Price
OIRO £599,950 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.

Further Information
Should you require further information on this or any other property, please do not hesitate to contact us on 0131 477 6060.


Nearest station

  • Inverurie (28.0 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

  • Inverurie (28.0 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.

Disclaimer - Property reference 42120. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by ALTIUS GROUP LIMITED, Bruce & Co. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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