27 bedroom hotel for sale

Kaim Park Hotel, Edinburgh Road, Bathgate, EH48 1EP

Offers in Region of £1,950,000

Property Description

Commercial information

  • Business for sale
  • Use class orders: C1 Hotels

Full description

Tenure: Freehold

INTRODUCTION

The Kaim Park Hotel has been a well known "landmark" hotel on the Bathgate scene and has a range of facilities that can be of appeal to locals, visitors and commercial custom - rooms, bar, restaurant, function, garden, etc -and with the hotel's prominent roadside location there is excellent ease of accessibility.

Bathgate, and nearby Livingston are recognised as areas of considerable commercial and industrial growth in a wide range of businesses. As a result the Kaim Park Hotel can benefit hugely from the spin off from these commercial enterprises. Of course with the M8 -Scotland's central belt motorway - on the doorstep (Junctions 3a or 4) Bathgate is easily accessible to both Edinburgh or Glasgow.

The seller has owned the Kaim Park Hotel since 2007 and over the years there has been significant investment into the property. With the seller now concentrating on other business interests and developments, elsewhere, the seller changed the focus of the business with profitable accommodation contracts; with the restaurant and function facilities now under utilised. Therefore, new owners, whilst continuing the valuable "room contracts" have the opportunity to reintroduce a full F&B facility at the hotel.

THE PROPERTY

The origins of the Kaim Park Hotel are centred around the 19th century detached villa which, now, has been enveloped with a number of extensions and additions. The principal accommodation is as follows.

PUBLIC AREAS

From the car park the hotel's main entrance leads via a vestibule to the Entrance Hallway where there is the reception counter and office behind. The Conservatory Dining Room is to the right hand side and is L shaped and provides seating for around 55 covers. There is access to a timber decked platform outside the Dining Room. To the left of the hallway is the Lounge Bar which also incorporates part of the conservatory to the front. Alongside and with a separate external entrance is the Coach Inn - a Public Bar facility accommodating around 30. The Lounge and Public Bar serveries are back to back.Towards the rear of the main property is the Glenavon Function Room, a small meeting room that can accommodate up to 40 persons and the room, if required, can be split in two.

At the main entrance is the separate Torchfire Function Suite - a separate building - which can accommodate up to 120 and has its own bar and kitchen facilities.

(As already stated the restaurant & function facility are currently under utilised.)

LETTING BEDROOMS

27 Letting Bedrooms to sleep 54 (8 twin, 16 double, 3 king size double). All of the bedrooms have en suite facilities.(13 bath with shower, 14 shower only). The rooms are all equipped with central heating, direct dial telephone, colour television, radio/alarm clock, hairdryer and tea/coffee making facilities.

SERVICE AREAS

Commercial kitchen with prep and wash up area. Servery kitchen in the Torchfire Function Suite. Range of beer stores, general store, cellarage.

OUTSIDE

The Kaim Park Hotel is situated in around 1.7 acres of private grounds. This comprises private guest car parking for approximately 50 cars. Plus a private garden area in which there is children's play area.

DEVELOPMENT

Plans were approved in 2008 (now expired) to extend the property with the addition of 13 bedrooms at the first floor level about the Torchfire Function Suite. These plans are available to prospective purchasers via the selling agent.

SERVICES

West Lothian Council ( 01506 280000 ). Mains electricity, water, gas and drainage.

LICENCE

Premises Licence

WEBSITE

www.kaimpark.info

TRADE

With the closure of the restaurant and insignificant use of the function facility, the nature of trading at the Kaim Park Hotel has changed allied to the introduction of the profitable accommodation contracts secured. Based on this, the seller projects, that the EBITDA profitability of the business will be c.300,000, subject to verification.

Trading accounts will be made available to genuinely interested parties, preferably after viewing.

PRICE

Offers around 1,950,000 for the freehold (heritable feuhold/outright ownership) property complete with goodwill and all trade contents (according to inventory), excluding personal items. Stock at valuation.

OFFERS

All offers should be submitted to Colliers International with whom purchasers should register interest if they wish to be informed of closing dates.

FINANCE

Colliers International is able to assist prospective purchasers by introducing sources of finance if required. Whilst we do not charge the buyer for this service, we may receive an introductory commission from the lender or broker involved.

TO VIEW

All appointments to view MUST be made through the vendors' agents who are acting with sole selling rights.


Energy Performance Certificates (EPCs)

Nearest stations

  • Bathgate (0.8 mi)
  • Armadale (3.0 mi)
  • Livingston North (3.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Colliers International (Hotels), Edinburgh

1 Exchange Crescent, Conference Square, Edinburgh, EH3 8AN

0131 291 0011 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

  • Bathgate (0.8 mi)
  • Armadale (3.0 mi)
  • Livingston North (3.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Colliers International (Hotels), Edinburgh

1 Exchange Crescent, Conference Square, Edinburgh, EH3 8AN

0131 291 0011 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 208737. 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 Colliers International (Hotels), Edinburgh. 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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