10 bedroom hotel for sale

Crown Hotel High Street Langholm DG13 0JH

Offers in Region of £300,000

Property Description

Commercial information

  • Business for sale
  • Use class orders: C1 Hotels

Full description

Tenure: Freehold

The Crown Hotel, with its white painted and appealing façade, has a prominent location on Langholm’s High Street. Langholm – the “Muckle Toun” as it is known colloquially – is situated alongside the picturesque River Esk and on the main A7 Edinburgh to Carlisle road, ensuring a year round steady flow of potential custom passing through the town. Langholm, which developed on the strength of the 19th and 20th textile industries, is also well known as the birth place of Hugh MacDiarmid and Thomas Telford. The annual Langholm Common Riding (at the end of July) are celebrations of the towns historic past and are a perennial “magnet” for visitors returning to the town.

The Crown Hotel trades as a traditional town centre hotel catering through its bars, restaurant and coffee shop to locals and visitors alike coupled with the bedroom accommodation suitable and of appeal to a range of visitors – tourists; holiday makers and commercial custom. The hotel also has 3 meeting/function areas for a range of entertainment uses including a “nightclub” style of venue. Complimenting all of this is a 5-room flat which is ideal for resident owners.


The sellers, who are South of England based, have owned the property since 2007 with the business operated under management or management lease. The decision to sell gives new owners an opportunity to acquire a steady and solid business, providing a good home and income lifestyle, with the opportunity to expand the trade.

THE PROPERTY

An Historic Scotland Listed Building, Category B, the Crown Hotel which dates from the early 19th century has its accommodation on three main levels as follows.

PUBLIC AREAS

Main Entrance, from the street, leads into small reception hallway, with inner hall beyond with reception counter and office behind. To the right is the Horseshoe Public Bar, also accessed direct from the street, which is two adjoining, small rooms (sitting area and bar area) and has wall panelling and open fireplace. To the left is the Coffee Shop (22) again comprising two adjoining rooms with dispense servery area at one end. Towards the rear is the hotel’s main Restaurant (30). On the first floor is the Cocktail Lounge Bar, which overlooks the front, and is an L shaped room and with its bar servery an ideal facility for private meetings/dining. The Function Room (100 max) is also on the first floor, towards the rear with bar servery. Converted from the former stables at the rear, at ground floor level, is the “Elephant Shed”, a nightclub/disco style venue with dance floor and bar servery.

LETTING BEDROOMS

10 Letting Bedrooms to sleep 17 (3 double, 4 twin, 3 single). The bedrooms are located at first and second floor level and all have a shower room ensuite and are equipped with central heating, TV, radio/alarm and tea/coffee facilities.

SERVICE AREAS

Main commercial kitchen at ground floor level. Alongside freezer room store and dry store. Servery kitchen at first floor level accessing the function room. Cellarage and Spirit store in outbuildings around the yard at the rear. Hotel office behind reception at ground floor and additional hotel office on first floor. Laundry room on first floor.

OWNER'S FLAT

At second floor level, overlooking the front, is the private flat for owners currently laid out with 2 sittingrooms, 3 bedrooms, kitchen and shower room.

OUTSIDE

There is a rear courtyard area, which accesses the former stables (now converted). There are open covered storage areas and the boiler room.

SERVICES

Dumfries & Galloway Council (01848 331654). Mains electricity, water, gas and drainage. Gas fired central heating.

LICENCE

Premises Licence.

LISTINGS

STB 2 Star Inn.

WEBSITE

www.newcrownhotellangholm.co.uk

TRADE

With a change in management and management lease there has been a disruption in the supply of continuity of trading information. Management accounts for the 42 weeks ended 31st March 2013 show a turnover of £243,701 (net of VAT) which if annualised should indicate a turnover of no less than £275,000. Previous accounts covering the period 2007 to 2011 indicated turnover at around £290,000. Trading information will be provided to genuinely interested purchasers, preferably after viewing.

PRICE

Offers around £300,000 for the freehold (heritable feuhold) property complete with goodwill and all trade contents (according to inventory) but excluding personal items. Stock at valuation.

OFFERS

All offers should be submitted to Colliers International with whom purchasers should register interest if they wish to be informed of closing dates.

FINANCE

Colliers International is able to assist by introducing sources of finance if required. Whilst we do not charge the buyer for this service, we may receive an introductory commission from the lender or broker involved.

TO VIEW

All appointments to view MUST be made through the vendors’ agents who are acting with sole selling rights.




Energy Performance Certificates (EPCs)

Nearest station

  • Gretna Green (10.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Colliers International (Hotels), Edinburgh

1 Exchange Crescent, Conference Square, Edinburgh, EH3 8AN

0131 291 0011 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

  • Gretna Green (10.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Colliers International (Hotels), Edinburgh

1 Exchange Crescent, Conference Square, Edinburgh, EH3 8AN

0131 291 0011 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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