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Commercial Property for sale

21/22 Mount Stuart Road - PA20

£359,995

Property Description

Commercial information

  • Business for sale

Key features

  • Ideally Located, Well Presented Waterfront Hotel — Owned and Run by current proprietors for 21 years
  • Residents Lounge
  • Visit Scotland 4 Star Guest house
  • Ideallic Waterfront Location with spectacular views

Full description

Tenure: Freehold

Situation
The Bayview Hotel benefits from an excellent trading position on the seafront in Rothesay on the beautiful Isle of Bute. The hotel is easily accessed due to its roadside location along Mount Stuart Road and commands outstanding open views over Rothesay Bay and on to the Kyles of Bute. The main town centre of Rothesay and the ferry terminal which connects Bute with Wemyss Bay and its direct rail link to Glasgow are within easy walking distance of the hotel. The Isle of Bute itself is situated on the Firth of Clyde and has regular ferry connections from Wemyss Bay(35 minute crossing) and Colintraive (5 minute crossing)

Rothesay is very popular not just as a holiday destination but as a commuter island due to its accessibility to the mainland with ferry connections every hour. Attractions on the island include Rothesay Castle and Mount Stuart house which is an important and recently restored tourist attraction/wedding venue. The island boasts three golf courses and beautiful sandy beaches.

The Isle of Bute has all the facilities you would expect including an excellent brand new Campus for Nursery, primary, secondary and college education, leisure complex and commercial facilities as well as a hospital.

Description
The Bayview Hotel has been successfully run by the current owners for the past 21 years. The hotel is open from February until the end of October and attracts a whole host of guests from all over the UK and abroad. The hotel also attracts a lot of custom from the Glasgow area as it is only a short distance on the ferry from the mainland. The business caters for residents only from a combination of bed & breakfast and evening meals. The business markets itself through various booking sites and VisitScotland from which it has been awarded a 4 star guest house rating and also through its own informative website at www.bayviewhotel-bute.co.uk. Although trading successfully, the business still retains much potential to increase sales further by opening throughout the year and also opening the restaurant and bar to the public.

Building Internal
The Bayview Hotel is an imposing 4 storey property which is of traditional stone construction with a pitched and slated roof. The property was formerly two separate dwellinghouses and could be easily reinstated as thus or converted into four flats, subject to planning. The property is terraced and benefits from its own enclosed car park at the front. Main entry is via the front door which leads directly into a spacious hallway that gives access to all the public areas and the letting accommodation via a central staircase. The residents’ lounge is a lovely spacious and bright room with feature bay window and a beautiful marble fireplace. The room is attractively furnished with quality antique furniture including a selection of dining chairs and armchairs. The dining room sits adjacent to the residents’ lounge and is of a similar size again with a feature bay window. The room is well presented with a carpeted floor, tasteful decor and furnishing is by way of tables and modern leather chairs. The room can comfortably cater for around 20 covers.

Located in the main hallway is a small bar servery with a well equipped gantry located behind. Adjacent to the bar is ladies and gents toilets.



Letting Accommodation
There are a total of 10 letting bedrooms, all of which have recently been redecorated in a boutique style, 8 rooms have en-suite facilities and 2 single rooms having access to their shower rooms located in the hallway. The first floor has 6 letting bedrooms and the second floor has 4 letting bedrooms . The current breakdown offers 1 double bedroom, 4 double/twin bedrooms, , 2 single bedrooms, 2 deluxe suites and 1 four poster deluxe bedroom. All rooms are immaculately presented and include televisions, tea/coffee making facilities and hairdryers.

Owners’ Accommodation
The owners’ accommodation is a self contained flat located on the lower ground floor and comprises a lounge, 3 bedrooms, 2 utility areas and a bathroom. The owners also use a room on the first floor as a second lounge. The owners’ accommodation has a door to the rear which gives access to the back garden.

Services
There is a commercial kitchen located on the ground floor level and is equipped with a good range of professional cooking equipment including a 6 gas ring burner. There is also a dry store area and a small dining room that the owners’ use for their own use.

Building External
To the front of the property there is an outdoor seating area with wooden tables, chairs and parasols. The hotel also has the benefit of having an enclosed car park at the front that has 6 car parking spaces. To the rear of the hotel there is a spacious garden with patio and grass lawn.

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

Price
Offers over £359,995 are sought for the heritable property, fixtures, fittings and goodwill. Stock in trade will be additional at valuation.

Summary
The Bayview Hotel is a superior quality business benefiting immensely from its waterfront location and its proximity to Rothesay town centre. The hotel is well established, in immaculate condition and although on the market the owners continue to upgrade the rooms to maintain its four star grading, although it still retains a lot of potential for further growth in income .


Map & Street View

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