Hotel for sale

54 Main Street - G67

£174,999

Property Description

Commercial information

  • Business for sale

Key features

  • 3 letting rooms, 2 twin rooms, 1 family room
  • Private owners accommodation, Large double and a single bedroom
  • Close commuter links to Edinburgh and Glasgow
  • Off street parking

Full description

Tenure: Freehold

Description
The Old Mill Guest House is an extremely well run business that has been run by the current proprietor for 6 years. The property has been placed on the market due to the current proprietor’s impending wish to retire from the tourist trade. The guest house trades all year and it's quality is reflected in the number of awards it currently holds such as being rated 4.5 out of 5 on trip advisor. Additional marketing is carried out through its own informative website www.theoldmillbandb.co.uk.

It enjoys much repeat custom, particularly due to its stunning location in the central belt, being close to all local attractions and transport links.
The Old Mill offers excellent accommodation for both guests and owners.


Situatuion
Cumbernauld is located on the M80 main road from Glasgow to Perthshire. The town is a popular commuter town.
The village is a conservation area within the town.
The Old Mill sits conveniently on the main street of the village with ample off street free parking to the rear of the property.


Building Internal
The Old Mill is a traditionally built terraced sandstone property. The property is located above the shops on the main street and benefits from its own entrance via a small close to the front. The property is set over two levels with three bedrooms on the upper floor, offering fantastic views over the North Lanarkshire countryside.
The main entrance is via a set of stone steps to the rear. The entrance leads into a welcoming reception hallway which is turn gives access to all public and private areas.


Letting Accommodation
There are 3 letting bedrooms, all of which have en-suite facilities. The letting rooms comprise two twin rooms and a large family suite with double bed and pull out sofa bed. The bedrooms have been refurbished to a high modern standard and include LCD televisions, tea/coffee making facilities.


Residential Accommodation
Situated on the ground floor and accessed off the main reception hallway you will find the owners accommodation. These comprise of a large double bedroom ,family bathroom with three piece suite and shower over bath. The owners accommodation also benefits from a spacious private lounge and fully fitted kitchen. The dining room doubles as the breakfasting room for guests. There is a lockable door to the owners area offering privcy and security. Also located on the first floor is an additional single room. The current vendor uses this for family visits, but could offer additional letting accommodation.

Building External
The front of the property is above a spar shop. The entrance is via stone stairs to the rear. There is a fenced area to the rear with potted plants.

Services
The property has mains water, drainage, gas and electricity. In addition there is gas central heating.

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

Licence
The business trades with the benefit of a full Guest House 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 Old Mill Guest House offers a rare opportunity to purchase a high quality, beautifully presented Lanarkshire property which is trading well but with potential for expansion of the business. It benefits from its highly desirable location and reputation as one of the city’s best guest houses, with a reputation for excellence.

Price
Offers over £174,999 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 477 6060.


Nearest stations

  • Cumbernauld (1.4 mi)
  • Greenfaulds (2.0 mi)
  • Croy (2.4 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 stations

  • Cumbernauld (1.4 mi)
  • Greenfaulds (2.0 mi)
  • Croy (2.4 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 42948. 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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