11 bedroom hotel for sale

High Street, Burntisland, Fife, KY3

Offers in Excess of £295,000

Property Description

Commercial information

  • Business for sale

Key features

  • Sought After Location, Dining Room/Breakfast Room
  • Lounge Bar, Two Bedroom Detached Chalet
  • 11 Letting Rooms, Large Rear Garden
  • FREEHOLD

Full description

Tenure: Freehold

The Bankhouse Hotel is situated in one of the most desirable locations in the town and was formally known as the "Old Bank". The house sits proudly on a large plot and was approximately built in 1845. Burntisland itself is a town and former Royal Burgh in Fife, on the Firth of Forth. According to an estimate taken in 2008, the town has a population of 5,940.

Burntisland is known locally for its sandy blue flag beach, 15th century Rossend Castle and its traditional summer Highland Games Fair, which attracts 30,000 visitors to the town. Burntisland has a highly rated 18 hole golf course, a popular bowling green and a new leisure centre which includes a swimming pool.

The Bankhouse Hotel is a well known local hotel/guest house that at the moment concentrates its efforts on servicing the local working trade. The current proprietors have placed the business on the market due to other business interests. Currently, the hotel offers a room only tariff without meals and this is one area new vendors may wish to develop as well as obtaining a new alcohol licence.

The breakfast restaurant has approximately 30 covers with the main bar area on the ground floor just off the main hallway, however, this bar is currently not trading. There are also ladies and gents toilets to the rear of the main floor. Overall, the hotel has an excellent mix of rooms that could be developed by new proprietors going forward.

The 11 bedrooms are split over 3 floors with 3 bedrooms on the basement level, 4 on the first floor level and 4 on the second floor level. The bedrooms share a bathroom on each floor.

The owners accommodation is located on the second floor of the property and consists of a lounge area and bedroom. This living area could be made into further letting rooms by new owners if they wish to accommodate the two bedroom detached chalet.

The sale of the Bankhouse Hotel offers a great opportunity to purchase a well placed village hotel, which has a proven track record with a real potential to increase trade.

More information from this agent

Nearest stations

  • Burntisland (0.2 mi)
  • Kinghorn (2.4 mi)
  • Aberdour (2.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Bruce & Co

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 stations

  • Burntisland (0.2 mi)
  • Kinghorn (2.4 mi)
  • Aberdour (2.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Bruce & Co

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 38054. 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.

Map data OpenStreetMap contributors.