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Canonbie, Dumfriesshire, DG14

Guide Price
£450,000

Business rates & charges may apply

Sidney Phillips Limited, Northern
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SECTOR

Hotel for sale

Key features

  • 17th Century 10 bedroom detached hotel
  • Public bar (24), lounge (40) & restaurant (60)
  • Post Office/Self contained shop unit
  • Dedicated private accommodation
  • Large car park (24) & front patio (24)
  • Successful business - Net profits £100,000+

Description

Canonbie (Scottish Gaelic: Canonbaidh) is a small village in Dumfriesshire within the south eastern reaches of Dumfries and Galloway, located 9 miles north east of Gretna Green, 6 miles south of Langholm and 2 miles north of the Anglo-Scottish border. Situated adjacent to the A7 road from Carlisle to Edinburgh, providing easy access to explore the Scottish Borders, Cumbria and Northumbria.

One of Scotland's oldest coaching inns, The Cross Keys Hotel is a traditionally built two storey detached stone building, which dates back to the 17th Century. Sitting at the head of the village on the River Esk, this impressive building lies within a conservation area, however is not a listed building.

TRADE AREAS
MAIN ENTRANCE HALL with RECEPTION AREA with the reception desk located at the top of the hallway with access to LADIES and GENTLEMANS TOILETS and DISABLED WC. PUBLIC BAR with seating for 24, open fireplace, wood panelled and wooden topped bar servery (the bar also has its own entrance to the front of the property). adjacent the main bar is the GAMES ROOM which offers further seating, along with space for a pool table and dart board. A further GENTLEMANS TOILET serves this area.

RESTAURANT with seating for 60, central feature fireplace, traditional beamed ceilings and carvery area. CAFE/LOUNGE BAR with seating for 40, wood panelled front and wooden topped bar servery, stone fireplace with in set log burner (the lounge bar and restaurant can be closed off from the other public areas, offering an ideal venue for private functions, utilizing both areas).

Fully fitted CATERING KITCHEN and WASH UP area with service pass, walk in fridge and freezer. LAUNDRY ROOM. Ground floor CELLAR. Access to all service areas are off the public bar and reception hallway, giving ease of service to both the public bar and lounge areas.

LOCK UP SHOP/POST OFFICE
To the left of the property is a SELF-CONTAINED SHOP UNIT. The unit is currently leased to the Post Office until 2026, achieving a monthly rent of £600.

FIRST FLOOR
Private Accommodation:
DOUBLE BEDROOM with EN SUITE. Spacious LOUNGE area.

Letting Accommodation: (10 Rooms in total, 9 which have en suite facilities)
2 SINGLE BEDROOMS (one with private shower room)
4 DOUBLE BEDROOMS
2 TWIN BEDROOMS
2 FAMILY ROOMS (which can sleep 3-4 people)

The rooms have all been refurbished by the current vendor and are presented at walk in condition. All rooms have flat screen TVs and hospitality trays.

EXTERNAL
FRONT PATIO with seating for 24. CAR PARK with space for 24 vehicles can be found across the road. To the side there is a a service entrance to the kitchen along with 2 GARAGES, one of which is leased with the Post Office.

The Cross Keys Hotel has been operated by our clients since 2013, they are now looking to offer the property to the market in order to retire. Since purchasing the property in January 2013, our clients have carried out an extensive refurbishment program. This includes refurbishment of all en suites, along with new bedroom furniture and upgrading of the public areas, all the while retaining the period character of this traditional coaching inn.

The Hotel is operated solely by our clients, as a lifestyle business. We believe with the introduction of staff and a more enthusiastic owner/operator this could become an even more lucrative destination business. As the premises is only a few miles from Gretna Green the opportunity to provide a function room/restaurant to wedding parties could see an increase in income. The café opened in 2022 and provides afternoon teas, this offering could be expanded with direct marketing towards coach companies as a stop off point, due to its proximity to major roads and sizeable amounts of parking.

It is our understanding that the year end turnover for March 2022 stands at £214,355 resulting in net profit of £103,939. Further accounting detail will be made available to serious parties following a formal viewing.

Canonbie, Dumfriesshire, DG14

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Gretna Green Station6.8 miles

About Sidney Phillips Limited, Northern

Northern

About Sidney Phillips

Pub, hotel and restaurant specialists with a bespoke and personal service

Whether you are looking to buy or sell a pub or a licensed business, we take great pride in delivering a personable service.

Our comprehensive expertise and experience ensure we are able to provide the highest standard of service to clients in the market.

Sidney Phillips operates a bespoke agency service which can assist with buying and selling of both leasehold and freehold assets.

Our specialisms include the sale of 'going concern' businesses as Business Transfer Agents with years of specialist sector knowledge.

A trusted and established name

Established in 1898, Sidney Phillips boasts a network of nine regional offices, providing unrivalled local knowledge with national coverage.

Our experienced team specialises in providing sales, acquisition and valuation services to the licensed trade including public houses, hotels, restaurants, coffee shops, clubs, leisure units, investments and development sites.

We pride ourselves on our professional approach and discretion, acting for a wide range of clients including pub companies, regional brewers, private investors, developers and individual freeholders, leaseholders and tenants.

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