Hotel for sale

Main Street - FK18

£255,000

Property Description

Commercial information

  • Business for sale

Key features

  • Situated on Main Tourist Road with High Amount of Passing Trade
  • Restaurant/Function Suite
  • Staff Flat
  • Featured in CAMRA Good Beer Guide

Full description

Tenure: Freehold

Situation
The village of Strathyre lies some 8 miles north west of Callander and stretches along the east side of Strathyre. The valley is formed by the winding River Balvag as it makes its way south from Loch Voil and past Balquhidder en route to Loch Lubnaig. Today's Strathyre not only lies mostly on the east side of the valley, it also lies on the east side of the A84, one of the main routes connecting central Scotland with the Highlands.

Business
The White Stag is a busy hotel that has been well run by the current proprietors since 2006. The hotel has been placed on the market due to the current proprietors wish to pursue other business interests. The hotel is a favourite with the local villagers and plays an integral part of the community, playing host to the local Halloween party, the annual Christmas Carol singing, complete with brass band and catering for the local school functions throughout the year. The Inn & Bistro is also highly recommended by the local B & B’s for good food and drink.

The business has a good reservation diary for the coming months and would offer any potential purchaser the opportunity to purchase a true turnkey business giving instant turnover and profits.


Building Internal
The White Stag is a traditional end terraced property comprising of a reception hallway, restaurant/function suite to the left as you enter with a soft seating area for guests to relax in quiet, comfortable surroundings. Straight ahead leads to the upstairs bedrooms. To the right on entering is the bar area.

Public Areas
The hotel benefits from a restaurant/function suite and bar area, with its traditional low ceiling and real open fire. It provides a warm, cosy and relaxing atmosphere to eat or enjoy a drink with friends. The bar is furnished with several bar stools, tables, chairs and soft seating. There are public conveniences located in both the bar and restaurant/function suite.

Letting Bedrooms
There are 7 letting bedrooms, 5 of which have en-suite facilities. The bedrooms have been refurbished to a good, modern standard and include televisions and tea/coffee making facilities. Room tariffs range from £30 per person, per night on a bed and breakfast basis.

Owners' Accommodation
The owners’ accommodation is located to the side of the business, is spacious in size and consists of lounge, 3 double bedrooms (1 en-suite) and shower room.

Staff Flat
There is a staff flat located to the rear of the business consisting of lounge, double bedroom, kitchenette and shower room.

Service Areas
As expected with a hotel the size of the Inn & Bistro, there are extensive service areas including a well equipped large commercial kitchen serving the hotel restaurant and bar. A separate dish wash/prep area with recently replaced appliances sits to the rear of the kitchen and the hotel also benefits from a fully automated touch screen EPOS till system.

Building External
The front of the property sits on the street with ample space for external tables. The end gable of the property gives access to the private car park. To the rear is the beer garden with a split level patio area and a large grassed area to the side. There is also a separate door to the staff flat located to the rear.

Services
The property has mains water, drainage and electricity with cooking by LPG gas and oil fired central heating system.

Licence
The business trades with the benefit of a Premises Licence.

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

Trading Figures
Accounts to the year end 30th April 2010 show a turnover of £204,000 with a gross profit of £118,800 (58% GP). Full trading information will be made available after a formal viewing has taken place.

Summary
The sale of the Inn & Bistro offers a rare opportunity to purchase a high quality, well presented hotel within the popular Loch Lomond and Trossachs National Park. The business is trading successfully but with potential for expansion of the business.

Price
Fixed price at £255,000 are sought for the heritable property, fixtures, fittings and goodwill. Stock in trade will be additional at valuation.


Nearest station

  • Crianlarich (12.0 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

  • Crianlarich (12.0 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 39115. 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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