Commercial Property for sale

Main Street - DG8

£238,995

Property Description

Commercial information

  • Business for sale

Key features

  • Riverside Location, 4 Letting Rooms
  • Bar Area
  • 30 cover Restaurant
  • Turnkey Business Opportunity

Full description

Tenure: Freehold

Description
Bruce and Co. are delighted to offer for sale of The Kenmuir Arms Hotel, a popular and beautifully presented hotel situated in the village of New Luce, Dumfriesshire. The Kenmuir Arms Hotel trades successfully all year round and has been placed on the market reluctantly due to our clients need to relocate for family commitments. The business provides our clients with an excellent source of income which is derived from revenue generated in the restaurant and sales from the public bar as well as bed and breakfast reservations. Kenmuir Arms Hotel benefits from a lot of regular and repeat custom. The business is well supported by the local community and it has received exemplary reviews on Trip Advisor where it currently holds a 5* review rating. Kenmuir Arms is situated in expansive grounds which are included in the sale and these provide good opportunity for development options such as log cabins and self catering accommodation units. Although the business is trading well the current owners have been running the business to pace that suits them with limited opening times offering plenty of potential ways for new owners to increase turnover.

Situation
New Luce is a quiet picturesque village in the Scottish unitary council area of Dumfries and Galloway. It has a shop, pub (Kenmuir Arms) and two bridges. The coast to coast walk, the Southern Upland Way, passes close to the village. New Luce is surrounded by good walking countryside and there are a number of excellent golf courses nearby. The Galloway Dark Sky project is only a few miles away.

Building internal
The Kenmuir Arms Hotel occupies an impressive detached property situated on the main street of New Luce. The premises which are of attractive white stone appearance are located within spacious landscaped grounds on the banks of the Water of Luce.

Letting Rooms
Kenmuir Arms benefits from 4 guest letting rooms which are currently configured as 1 en-suite family room with 3 beds, 2 double en-suite double rooms and a single en-suite bedroom. Each bedroom has been refurbished and is finished to an excellent standard which today’s traveller expects.

Public Areas
Situated to the right hand side of the reception hallway is the bar area furnished comfortably with soft seating, tables and chairs. To the left hand side of the hallway is the restaurant. The restaurant is presented to a good standard with traditional style décor and furnished with elegant tables and cushioned chairs. The room can sit around 30 covers. Located at the back of the hallway is the stairs to the bedrooms and residents’ lounge. Past the stairs you will find the kitchen and back of house areas, including a large office, dry store and owners accommodation.

Owners Accomadation
The owners’ accommodation consists of a ground floor sitting room, dining area, wc and shower. Thefirst floor consists of a main bedroom, dressing area and ensuite with 2 further bedrooms with shared bathroom. External Is straight to street.

External
To the front of the property is the main street with a private road to the right giving access to the gardens and the rear service areas of the hotel.


Services
The property has mains water, lpg gas, drainage and electricity.

License
The business trades with the benefit of a full license.

Trading Figures
Turnover figures are available after a formal viewing has taken place.


Summary
Exciting opportunity to purchase a highly popular and locally supported Hotel with huge potential. With owners accommodation and letting accommodation options this business presents an ideal opportunity for a family run operation. With well presented premises and an attractive asking price we anticipate very high interest in this particular sale therefore early viewing is essential!

Price
Offers over £239,995 are sought for the heritable property, fixtures, fittings and goodwill. Stock in trade will be additional at valuation.


Tenure
Freehold opportunity.

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 station

  • Stranraer (7.1 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

  • Stranraer (7.1 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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