Hotel for sale

South Deeside - AB31

£399,995

Property Description

Commercial information

  • Business for sale

Key features

  • Freehold Opportunity, Stunning Riverside Location
  • 8 Letting Rooms, Public Bar
  • Conservatory Dining Area, Sun Room Dining Area
  • 3* Visit Scotland

Full description

Tenure: Freehold

Description
Bruce and Co. are pleased to offer for sale Feughside Inn, situated in Royal Deeside, Aberdeenshire. The Feughside Inn was purchased by our clients over 1 ½ years ago during which time it has traded successfully and has been placed on the market by our clients due to their need to relocate. The property has been very carefully maintained throughout their short ownership and is presented in walk in condition with no work required before new owners could commence immediate trading.

The business has established an excellent base of loyal clientele from local residents and although the business forms an important part of the local community it also captures the tourist/business market due to its location. The business trades currently with wet sales/food sales and guest accommodation and although it boasts good trading figures it has further potential to increase turnover should new owners adopt a more vigorous marketing campaign and with the introduction of online advertising. During the current owner’s time in the business they have established a great reputation along with good turnover for year one.



Situation
The Feughside Inn is situated 10 minutes from the town of Banchory. Banchory, the gateway to Royal Deeside, is a popular and expanding town which offers a wide range of specialist shopping, two supermarkets, banking, restaurants, garden centres, hotels, swimming pool, library, health centre and dentist. There are two primary schools, one recently opened, and secondary education is at the highly ranked Banchory Academy. Leisure activities available locally include fishing, shooting, ski-ing at Glenshee and the Lecht, equestrian activities and golf.


Building External
The Feughside Inn is a traditional stone-built property, dating back to the 18th Century, with guest accommodation located on the upper level. Entry is afforded from the front of the building leading into a reception hall.



Building Internal
The public bar, with its own external entrance, is full of character with 2 areas featuring low lying beams and furnished with a wooden bar and traditional bar stools. The bar benefits from plenty of windows giving lots of natural light from the front with attractive river views. The room has a bar to the rear and pool table to the front, open coal and log fireplace and traditional timber bar counter with a well-equipped gantry. On the opposite side of the reception area there is a comfortable lounge with bar and dining areas for guests to enjoy which features comfortable sofa seating in between the conservatory with 48 covers and sun room with 18 covers. The restaurant area enjoys stunning views towards the south over the river Feugh.


Letting Accommodation
The guest bedrooms are located on the upper floors of the hotel. Feughside Inn has 8 letting bedrooms all of which are named after Scottish castles. The bedrooms currently comprise one quadruple, sleeps four persons, one family sleeps three persons, four double rooms and two twin rooms all of which are en-suite and an additional double room which has a private bathroom. All the bedrooms at Feughside Inn have been upgraded to Scottish Tourist Board 3* rating. The bathrooms are equipped with a shower or shower over bath, a vanity unit & WC and have all recently been refurbished to a very good standard.


Owners Accommodation
Owners Accommodation is located on the top floor of the property. The owners’ accommodation comprises of 2 double bedrooms, bathroom and lounge with attractive views to the front of the property.


Service Areas
The Business has two bar areas which both feed off of the cellar located at the rear of the property. The large commercial kitchen is also located to the rear with all necessary equipment for a business of this nature. The business has great storage areas to the rear of the main building with several areas and walk-in freezer.

External
The Property has its own car park. The business also benefits from a riverside seating area located on the bank of the river.

Services
The property has mains water, drainage, and electricity with oil heating.

License
The business trades with a full license.

Accounts
Accounts will be available once a formal viewing has taken place.



Summary
Excellent opportunity to purchase a popular and well run hotel which, in its first year has traded well but still has huge potential to increase turnover.

Price
Offers over £399,995 are sought for the freehold, fixtures, fittings and goodwill. Stock in trade will be
additional at valuation.



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 Bruce and Co on 0131 3140660.


Nearest station

  • Laurencekirk (13.5 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

  • Laurencekirk (13.5 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 44617. 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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