Hotel for sale

Cairnbaan - PA31

£595,995

Property Description

Commercial information

  • Business for sale

Key features

  • 12 en-suite letting rooms and Restaurant
  • Function suite
  • Enviable locale on banks of Crinan Canal
  • Public Lounge Bar

Full description

Tenure: Freehold

Description
The Cairnbaan Hotel is an extremely well run business that has been run by the current proprietors for 16 years. The property has been placed on the market due to the current proprietor’s impending wish to retire from the tourist trade. 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 of 5 on Trip Advisor and being ranked number 1 hotel in the area. Additional marketing is carried out through its own informative website www.cairnbaan.com. The hotel trades throughout the year from a good mix of tourists and local customers.

Situation
Lochgilphead is a town and former burgh in Argyll, Scotland with a population of around 2,300 people. It is the administrative centre of Argyll and Bute. The village lies at the end of Loch Gilp (itself a branch of Loch Fyne) and lies on the banks of the Crinan Canal. Lochgilphead sits on the A83 road, Ardrishaig is 2 miles South and Inveraray 24 miles North East, Oban lies 37 miles North on the A816.

Lochgilphead's facilities include a swimming pool, sports centre, fishing tackle shop, three banks, supermarket, Renault dealership, a community hospital run by the local GPs, psychiatric hospital, 9-hole golf course, bowling club, a hydrotherapy pool and Lochgilphead High School.

The Cairnbaan Hotel occupies an enviable position at Lock 5 halfway down the Crinan Canal, approximately 3 miles from Lochgilphead.


Building Internal
The Cairnbaan Hotel is a commanding detached property that has been well maintained and extended at various periods. The main entrance is from the front which in turn leads into a well-appointed reception area. This gives access to all areas both private and public.

Public Areas
On entering the hotel you are immediately welcomed by a spacious reception. The reception counter is located directly in front of you and offers ample space to receive guests. Located directly to the left you will find the guest lounge. The lounge is decorated in keeping with the period of the property. The guest lounge is well furnished with several occasional tables and chairs along with soft seating. The lounge also gives access via a single door to the residents’ accommodations.

To the right of the reception hallway you will find the public bar lounge. The bar lounge has two defined areas. The first being the traditional bar area, this is decorated and furnished with wooden tables and chairs, along with a mix of high stools and tables. The bar area has seating 30+ persons, with the bar located to the left on entering. The bar benefits from a large gantry to the rear. The bar also gives access to the function suite bar for staff. To the front of the bar is the conservatory lounge area. This space is again well presented and furnished with several sofas and occasional tables. The conservatory lounge also gives access to the outside seating area to the front of the property, overlooking the Crinan Canal.

Moving on to the top of the reception hallway you will find the large function suite of the Cairnbaan hotel. The function suite is of an L-shape and can comfortably seat 120 persons. The function suite benefits from its own entrance off the side of the property along with its own bar and facilities. The function suite can be spilt into two, offering a much smaller space, ideal for business meetings and private dining parties. The function suite is well presented and comes with a full complement of disco lighting system for evening functions.

The Cairnbaan further benefits from having its own restaurant. The restaurant again benefits from its own entrance. The restaurant has a split level dining room and can accommodate 30+ persons. The room is well furnish

Letting Accommodation
The Cairnbaan Hotel has 12 en-suite letting rooms, located over three floors. On the ground floor there are 4 letting rooms, comprising 1 twin room and 4 double rooms. One of the rooms has its own entrance off the guest lounge. On the first floor you will find a further 5 letting rooms. These rooms comprise 2 doubles, 1 single, 1 twin and 1 large double suite. On the second floor you will find an additional double and a twin room. All rooms have en-suite bathrooms with the majority having baths. All rooms are well presented and have flat screen TVs and hospitality trays.

Residential Accommodation
The Owners own a property next door. This property is available by separate negotiation.


Service Areas
As expected with a property the style and size of The Cairnbaan Hotel, there are ample service areas including; a fully fitted commercial kitchen with food preparation area, pot wash, dishwasher. The premises also benefit from a laundry room with two washers and two commercial dryers, cellar, wine store and several storage areas.

Building External
The property sits well in its own grounds. The vehicle access is from the front via a tarmac drive. To the front is parking for 20+ cars. To the front is a well presented patio area with seating for 20 persons via outside tables and wicker chairs.


Business and Opportunity
The hotel trades throughout the year. The business has a good mix of tourist guests, business visitors as well as serving the local community, who use the hotel for family functions. The hotel offers breakfast lunch and dinner with food service available from 08:00-09:30 breakfast
12:00-14:30 lunch
18:00-21:00 dinner


Services
We are advised the property has mains water and electricity. There is tanked LPG for cooking only. The property has a septic tank.

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


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

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

Price
OIRO £595,995 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.

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

  • Oban (24.3 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

  • Oban (24.3 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 43814. 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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