Hotel for sale

37 York Place - PH2

£349,995

Property Description

Commercial information

  • Business for sale

Key features

  • Situated in the Capital of Perthshire
  • Lounge Bar & Conservatory
  • Licensed for Weddings
  • Recently Refurbished

Full description

Tenure: Freehold

Description
The Grampian Hotel is located in Perth, catering for both visitors to the city and for visitors looking to explore Perthshire and beyond. Just over an hour from both Glasgow and Edinburgh airports the hotel is easily accessible by both road and rail. Located on one of the main routes in and out of the city centre, the hotel is ideally placed to also benefit from passing trade and has the much envied benefit of its own car park, something in short supply in Perth. Perthshire itself caters for a wide range of visitors, offering everything from distilleries and glass blowing to theatre and safari’s where you can tour the rolling hills viewing where eagle’s nest and deer roam.

Business
The Grampian Hotel is an extremely busy business that has been run by the current proprietor since 2007. The hotel has been placed on the market due to the current proprietor’s impending retirement. The hotel trades throughout the year from a good mix of accommodation, food and wet sales.

Marketing is carried out through its own informative website www.grampianhotel.co.uk and the business benefits greatly from word of mouth and an enviable local reputation. It enjoys much repeat custom, particularly due to its stunning location in Perthshire, offering a great balance for both tourists and business travellers. Many of the visitors include golfers and outdoor enthusiasts as well as tourists simply looking for a good quality base from which to explore the North of Scotland. It hasalso become a popular and desirable location for weddings in its newly refurbished function room which is also a popular place for local residents to hold club meetings and has become the conference venue of choice for many businesses. Although the hotel is trading extremely successfully, it still has potential to grow income further and develop the business.






Building Internal
The public bar is presented in a traditional theme with features including the low level timber beamed ceiling enhancing the overall character. Upon entry there is a stripped timber floor where there is a selection of spoke backed chairs around timber tables. The bar servery occupies a prominent position in the room for convenience. To the far end of the room there is a tile and slate floor with the area currently housing the pool table, gaming machine, darts lane etc. The lounge bar/restaurant is again a characterful room with a low level beamed ceiling and has a spacious feel enhanced by the abundance of natural light from the front windows. The room could easily cater for around 30 covers. The bar servery works back to back with the public bar for easy working. The function suite is situated to the rear of the premises and has a large timber dance floor and can cater for up to 180 people. There is wall seating and stools, disco lighting and a large bar servery counter. The function suite is regularly used at the weekends when the current proprietors promote discos which prove to be popular.

Letting Accommodation
Located on the first floor of the property, there are a total of 13 letting bedrooms.

Service Area
On the ground floor level there is a good sized kitchen with a range of equipment. There is also a cellar, secure spirit store and a dry goods store. Both ladies and gents toilets service the public areas throughout the property.

Building External
To the rear of the premises is a paved yard area and is currently used for storage. This area is accessed from the public bar and would be easily developed as a customer smoking area.

Services
We have been informed that the property has all mains services connected including gas central heating.

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

Licence
The business trades with the benefit of a full hotel licence.

Trading Figures
Full trading profit and loss account will be made available to interested parties after a formal viewing has taken place.

Summary
The sale of The Grampian Hotel offers an opportunity to purchase a well positioned and sizeable hotel which still has much potential to be realised.

Price Statement
Fixed Price £349,995 are sought for the heritable property, fixtures, fittings and goodwill. Stock in trade will be additional at valuation.

Further Information
Should you require any further information on this or any other business please do not hesitate to contact us 0131 3140660.

Inventory
An inventory will be compiled to detail all items of a personal nature excluded from the sale and items subject to lease.

Viewing
Strictly by appointment through the seller's 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.

Business Finance Centre
For a free, no obligation quotation on the finance available to purchase the business, please phone THE BUSINESS MORTGAGE CENTRE, 0131 558 9832.

Website
Visit our website at www.bruceandco.co.uk for a range of other properties available.


Nearest station

  • Perth (0.3 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

  • Perth (0.3 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.

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