Hotel for sale

Tough - AB33

£238,995

Property Description

Commercial information

  • Business for sale

Key features

  • Public Bar
  • Dining Room
  • 2 Letting Bedrooms
  • Turnover around £200,000

Full description

Tenure: Freehold

Situation
The Muggarthaugh Hotel is situated in Tough just outside the well known and picturesque town of Alford in scenic north Aberdeenshire. Only 25 miles away from Aberdeen, this area offers a beautiful rural retreat yet is within easy travelling distance to the city. Attractions close to the business include the Grampian Transport Museum and Heritage Museum at Alford with the town also having a swimming pool, tennis courts, 18 hole golf course and the Alford Ski Centre which is only a short drive away. Haughton House Caravan Park is also situated half a mile from the village. Alford will also benefit from a new housing development with approximately 250 houses being built.

Description
The Muggarthaugh Hotel has been run by the current proprietors for the past 18 years during which time the business has traded very successfully with a consistent turnover and excellent profits. The business trades throughout the year mainly from a combination of food and wet sales attracting a healthy mix of customers including strong local trade and the many visitors that are drawn to this popular area of Aberdeenshire. The business is currently run with a full hotel licence and is run by the 2 owners with approximately 10 part time members of staff. There is potential to increase sales even further particularly by focusing on marketing the business more professionally through VisitScotland and also creating a website for the business. Currently the business is food driven serving meals from 12.00pm — 2.00pm and from 5.30pm — 8.30pm 6 days per week. The business also has the benefit of a function suite which proves very popular with private parties and christenings etc.


Building Internal
The Muggarthaugh Hotel is a detached three storey property with accommodation on all three levels and is set in its own grounds offering spectacular views of the surrounding countryside. Public areas are on ground floor, letting accommodation is on first floor and owners’ accommodation is on first and second floors. Main entry is from the front of the property that leads into a reception hallway.

Public Areas
The public bar is attractively presented with traditional furnishings, fixtures and fittings. There is a partial lino/carpeted floor and wooden panelled walls which adds tremendous character to the room. The feature timber bar servery is located to one side and has all the usual services behind. Furnishing is a mixture of banquette style seating and bar chairs all around wooden bar tables. Contained within the room is a pool table, dartsboard and gaming machines. The public bar also has its own entrance at the front. The lounge bar sits adjacent to the public bar and is decorated and furnished in a similar manner with banquette style seating, cushioned wooden chairs and wooden bar tables. Located to one side is the bar servery that works side to side with the public bar and the room also has its own entrance at the front. A nice feature within the room is the exposed stone wall with coal fireplace.

The dining room is accessed from the lounge bar and is used throughout the day for lunches and evening meals. The room can cater for approximately 25 covers and is furnished with quality wooden tables and cushioned wooden chairs. The room has a carpeted floor and is tastefully decorated with modern décor and quality carpet. Located to the rear of the premises is the function suite which can comfortably cater for around 90 covers. The room has its own bar servery, dance floor and stage area. The function room facility is not actively marketed. Well equipped it represents an area of the business that could be grown substantially as it is not currently marketed.

Letting Accommodation
Situated on the first floor there are 2 letting bedrooms. Both are double bedrooms with one having its own shower cubicle. Situated in the hallway is a guest bathroom and both bedrooms have wash hand basins, trouser presses, televisions and tea/coffee making facilities. This is an area of the business that has not been actively marketed and again will allow the new owners the opportunity to grow the business.

Owners' Accommodation
The owners’ accommodation is currently occupying the first and second floors. Situated on the first floor is the owners’ lounge and kitchenette and on the second floor there are 2 double bedrooms which share en-suite facilities.

Service Areas
Service areas include a large commercial kitchen that has an excellent range of professional catering equipment. Other service areas include a cellar and general storage areas. Ladies and gents toilets are well appointed off the public areas.

Building External
To the rear of the property there is a beer garden with outdoor seating and a barbeque pit. There are also 4 well maintained vegetable plots. To the front of the property there is a spacious customer car park.

Services
We have been informed that there is septic tank drainage and mains water and electricity are connected. There is an oil fired central heating system and propane gas is used in the kitchen.

Legal
The property benefits from a full hotel licence.

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

Trading Figures
Full trading information will be made available to seriously interested parties after a formal viewing has taken place.

There is considerable scope for the new owners to dramatically increase turnover and profitability. The current owners operate the business to suit their lifestyles and the hotel is currently shut for approximately 4 weeks every year.

Summary
The current owners have traded this business successfully for the past 18 years and have established an excellent reputation for food. Although generating healthy profits and enjoying much repeat custom, the business still retains excellent growth potential. The business would ideally suit a husband and wife team.


Nearest station

  • Insch (10.2 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 (10.2 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 27472. 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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