Hotel for sale

12 Blantyre Street - AB56

£324,950

Property Description

Commercial information

  • Business for sale

Key features

  • Popular tourist catchment area
  • Coastal location
  • 7 Letting rooms
  • 2 bed owners accommodation

Full description

Tenure: Freehold

Description
Bruce and Co. are delighted to offer for sale Crannoch Hotel, a beautifully presented Hotel situated Cullen, Morayshire. Crannoch Hotel provides bed and breakfast accommodation in a commanding property with elegant interior making the business very unique in the local area. The business also benefits from a popular dinner service to both residents and non-residents in the restaurant as well as offering an extensive bar menu which is available in the lounge bar.

The business has been under the very caring ownership of our clients for 15 years during which time they have carefully carried out substantial refurbishments throughout the entire property to a very high standard and are still adding improvements to the business. They are reluctantly offering the business to the market due to their impending wish to retire. Crannoch Hotel enjoys a generous turnover and not only provides the owners with an excellent source of income but also a wonderful home. The property truly is superbly presented and can only be appreciated in full by viewing. The business currently trades successfully but at a pace suitable with our clients’ lifestyle offering huge potential for new owners to increase turnover with special concentration on letting room sales and marketing.


Situation
The Crannoch Hotel is located in the North East town of Cullen and sits on a hillside overlooking beautiful Cullen Bay with its sandy beaches on the Moray Firth and its working harbour. The area is ever popular with a wide range of visitors whether golfing, fishing or enjoying the rich flora and fauna of the area. Ornithologists and naturalists are not short of interests here including bottlenose dolphins in the bay and the scenic North East coast has always been a popular tourist destination whether as a convenient base to explore numerous distilleries or to visit archaeological sites and historic castles. Cullen is a thriving community with shops, schools and social services plus wide ranging facilities.


Building Internal
The business premises occupy an impressive detached building, with an imposing position on an elevated spot. This business premise benefits from its position within the hillside overlooking the bay and village. The property is arranged over 3 floors and entrance to the building is from the front which leads in to a welcoming reception hallway. The restaurant, where breakfast is also served, is located to the left of the reception hallway with 32 covers offering a bright and airy atmosphere with feature bay window where diners can enjoy sea views. The lounge bar is located off the reception hallway to the right hand side. The lounge has covers for up to 44 with traditional wooden tables, comfortable cushioned chairs and its own bar service area. The public bar is located to the rear beyond the lounge bar. The public bar with its own entrance has a snug area and half-moon shaped bar service area. The business benefits from a fully equipped commercial kitchen with all necessary equipment for a business of this size.

Crannoch Hotel offers 7 letting rooms, 3 of which have en-suite facilities and the rest share facilities with 2 shower rooms. Each guest room has been individually finished to an excellent standard and offers a high level of comfortable accommodation with some offering sea views. The letting rooms are located on the first floor with 2 double, 1 twin, 2 family rooms and 2 single rooms.


Residential Accommodation
Crannoch Hotel owners benefit from spacious private accommodation which is presented to an excellent standard and in keeping with the remainder of the property. The private accommodation is located on the top floor and consists of a 2 large double bedrooms with a family bathroom. The owners also benefit from a lounge area on the ground floor beyond the entrance hallway.


Building External
The property sits on an elevated position built into the hillside. To the front of the property there is on street parking available. To the rear of the property is an enclosed garden with summerhouse and outbuildings for storage. Crannoch hotel also has a private car park to the right hand side where you will also find the entrance for the public bar.


Services
The property has water, drainage and electricity.

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

License
The business conforms to all fire regulations.

Accounts
Accounts are available on request after a formal viewing has taken place.

Summary
This is an excellent opportunity to purchase a successful business which has been renovated to an excellent standard and trades with an enviable reputation and client base. Early viewing of this business is essential!

Price
Offers in The Region of £324,950 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; 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.


Nearest station

  • Keith (11.0 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

  • Keith (11.0 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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