Hotel for sale

12 Bridge Square - AB35

£560,000

Property Description

Commercial information

  • Business for sale

Key features

  • 5 letting rooms
  • Good Beer Guide 2016
  • Excellent owners accommodation
  • Public Bar and Restaurant

Full description

Tenure: Freehold

Description
The Alexandra Hotel is an extremely well run business that has been run by the current proprietors since May 2008. The property has been placed on the market due to the current proprietor’s other business commitment. The business trades throughout the year and its quality is reflected in the number of awards it currently holds such as achieving 4.5 out 5 on Trip Advisor and Good Beer Guide 2016. Additional marketing is carried out through its own informative website www.alexandrahotelballater.co.uk. It enjoys much repeat custom, particularly due to its excellent location in the centre of Ballater on Royal Deeside.

The Alexandra Hotel offers excellent accommodation for both guests and owners.

Situation
The Alexandra Hotel Ballater is a comfortable family run hotel situated in the heart of Royal Deeside in the Cairngorm National Park, the largest National Park in the British Isles. With an area of over 3200 square Kilometres the park a popular destination for everyone from mountain climbers and hikers to fishermen and motor tourists
Ballater is located in Aberdeenshire on the banks of the River Dee. The village is well situated being approximately 90 minutes from Perth and Aberdeen.


Building Internal
The Alexandra Hotel is a traditionally built detached property set over three levels. The building itself has been extended at various times and has been well maintained by the current vendors. It is presented to a very high standard and is now offered in true walk in condition. 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.

On entering the property you will find the spacious and well presented restaurant located to the right. The restaurant has recently been refurbished and is now presented in excellent condition. The restaurant has seating for 35 persons, is well furnished with wooden tables and high back chairs. The restaurant further benefits from aspects to the front over Bridge Square.

To the left on entering you will find the well presented and spacious public bar. The bar benefits from having its own entrance from the front as well as access for residents from the reception hallway. On entering you will find the bar located in the centre of the room. The bar is of traditional construction and benefits from a well stocked gantry to the rear.

The bar area is well furnished with a good mix of upholstered seating along with wooden tables and cushion chairs. The bar can accommodate in excess of 30 persons.

Ladies and Gents are well located off public areas.



Letting Accommodation
There are 5 letting bedrooms, all which have en-suite facilities, they comprise of 3 doubles, one twin room and 1 single room. The twin room, single room and one of the doubles benefit from having a full three piece bathroom suite with shower over bath. All rooms are well presented and come fully complete with flat screen TVs along with hospitality trays.

Owners Accommodation
The owners accommodation is located on the 2nd floor of the property, the owners suite offers two en-suite bedrooms, living area and an office/third bedroom. The owners accommodation offers excellent family living and come beautifully presented.


Service Areas
As expected with a property the style and size of The Alexandra Hotel, there are ample service areas, a fully fitted commercial kitchen, spirit store, still room, dish wash area, laundry and cellar.

Building External
The property sits straight to street. To the front there is external seating overlooking the square. To the rear you will find the service area along with parking for two cars.

Services
We are advised the property has all mains services.


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.

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


Summary
The sale of The Alexandra Hotel offers a rare opportunity to purchase a high quality, beautifully presented Royal Deeside property which is trading well but with potential for expansion of the business.


Price
OIRO £560,000 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.

Further Information
Should you require further information on this or any other property, please do not hesitate to contact us on 0131 314 0660.


Nearest station

  • Insch (25.5 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

  • Insch (25.5 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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