Hotel for sale

Kildary - IV18

£139,995

Property Description

Commercial information

  • Business for sale

Key features

  • Restaurant with 100 Covers
  • Turnover in of excess of 540k
  • 1 bed cottage
  • Function room for 80

Full description

Tenure: Leasehold

Description
Bruce and Co. are delighted to present to the market The Shandwick Inn, a long established restaurant/bar with letting accommodation positioned in the idyllic surroundings of Invergordon, Ross-Shire. The business has been under the very caring ownership of our clients for 12 years and has reluctantly been placed on the market due to other business commitments. The Shandwick Inn enjoys a generous turnover and provides the owners with an excellent source of income which is derived from revenue generated through very strong food sales in the 100 cover restaurant/bar as well as the public bar, function room and letting accommodation. The Shandwick Inn receives exemplary feedback from customers and benefits from extremely positive reviews from both locals and visitors with its location just of the main road to the north. Although the business is trading with good profit at present we believe that income could be increased with a little marketing as very little is currently done.

Situation
The Shandwick Inn is Located within the popular area of Kildary, Ross-shire. Being adjacent to the A9 there is easy access to Nigg, Invergordon, Alness, Dingwall, Tain and Dornoch, all of which offer a wide range of services and facilities. The highland capital city of Inverness is approximately 28 miles distant and offers all city facilities to include links by road, rail and air to further destinations.

Building Internal
The business premises occupy an impressive traditional detached property. The property, which has 2 levels has been well maintained and presented throughout meaning no further work is required before new owners could commence immediate trading. The main entrance to the restaurant is located to the side of the property and leads into a reception area with low lying leather sofas, this in turn leads to the main bar and restaurant areas. The restaurant provides covers for up to 100 diners in the current configuration with seating spread out over 3 main areas and it is furnished with wooden tables and chairs. To the rear of the property is a function hall with a capacity of up to 80 which benefits from private WC facilities. The function hall also leads in to a smaller area which has its own bar and allows the business to easily cater for parties and group bookings for private dining. The premises have a fully equipped and very spacious commercial kitchen which is fitted with all necessary equipment to operate a business of this nature including a chill/freezer section. Customer WC facilities are located in the centre of the restaurant and bar areas.


Letting Rooms
The Shandwick Inn has 5 letting bedrooms and a self catering cottage. The letting rooms are located on the upper floor of the property. The rooms are currently configured as singles or doubles with either private bathroom or shared bathroom facilities. All rooms are furnished and presented to a standard todays traveller expects.


Residential Accommodation
The detached cottage is located to the left hand side of the main building. The cottage comprises of a bedroom, bathroom and lounge area. This area would be ideal owners’ accommodation should new owners require.


Building External
A large car park occupies an area to the side of the business premises.

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

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

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

Summary
The sale of The Shandwick Inn provides an excellent lifestyle opportunity to acquire a popular, well reputed business which is trading with fantastic return.

Price
Offers over £139,995 are sought for the lease, fixtures, fittings and goodwill. Stock in trade will be additional at valuation.

Tenure
The property is currently on a 25 year lease with 9 years left and annual rental of £22,500.

Further Information
Should you require further information on this or any other property, please do not hesitate to contact the office on 0131 3140660.


Nearest stations

  • Fearn (2.8 mi)
  • Tain (4.2 mi)
  • Invergordon (6.4 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

  • Fearn (2.8 mi)
  • Tain (4.2 mi)
  • Invergordon (6.4 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 44883. 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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