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South Beach Hotel, 73 South Beach, Troon, Scotland, KA10 6EG

£2,500,000

Business rates & charges may apply

Christie & Co, Hotels
SIZE

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SECTOR

Hotel for sale

Key features

  • Strong Profits
  • Independently owned for over 40 years
  • 32 Ensuite Letting Rooms
  • Bar & Restaurant
  • Large Beer Garden and Car Park
  • Energy Rating F
  • Christie & Co Ref: 5245010

Description

Description

A unique opportunity to acquire a well performing hotel which has been owned by the same family for over 40 years. The business trades consistently well and offers genuine potential for growth going forward. The hotel would be well suited to both an owner operator or multiple operator.

Troon is famously known amongst golf enthusiasts with the 152nd open set to be held there in July 2024.

Location

The South Beach Hotel is located in Troon, a town on the southwest coast of Scotland within South Ayrshire. Troon is well known for its sandy beaches and is very popular amongst golf enthusiasts with the 152nd open set to be held at Royal Troon Golf Club in July 2024.

The hotel is around 35 miles south west of Glasgow via the A77 and M77 and around 25 miles north of Turnberry via the A77. The local train station offers a reliable service to Glasgow, Ayr, Kilmarnock and Girvan with connecting services allowing travel throughout the rest of Scotland and UK. Prestwick Airport is only five miles from the hotel with Glasgow Airport around 40 miles.

Internal Details

Entry to the hotel leads to the main spacious reception area. The main bar is to the right accommodating for around 30 via fixed seating, wooden tables and chairs. The room features a log burner and wood panelled walls with male toilets to the rear.

The lounge can accommodate for around 40 is to the left of the bar serving both rooms. Leading from the lounge is a large function room popular for private events such as birthdays, weddings and corporate events. Male and female toilets are located to the rear with the bar being situated to the right.

A fully equipped and spacious commercial kitchen is to the left as you enter the function room.

Ground Floor

Eight ensuite letting rooms, office, storage, private dining area which leads to gardens, laundry and an additional restaurant / lounge.

Other Floors

First Floor
There are an additional 16 letting rooms located. Each room individually styled and furnished to the highest quality with a mixture of single, double, twin, family rooms and suites.

Second Floor
12 ensuite letting rooms each individually styled.

Fixtures & Fittings

All fixtures and fittings are included within the sale (excluding any personal items).

External Details

A detached two storey property with attic conversion of stone construction with a pitched and slated roof.

Private car parking is available to the side and rear of hotel, with a sheltered beer garden for around 50.

The Opportunity

The South Beach Hotel has been family owned for over 40 years and our clients are selling due to retirement from the trade.

The business trades very profitably and is well placed for a new owner to further increase the existing trade going forward. Hotel stays are normally booked via our clients website ( booking.com or Hotels.com however, there is huge scope given the location of the business to work more closely with golf tour operators to offer golf packages to a wider audience. The business is popular with guests looking to stay, eat and drink however, also caters for weddings and events in the Paton Suite, which can accommodate for 100 seated.

The hotel boasts fantastic reviews across TripAdvisor, Google and Booking.com and has a great following of around 2.6k on Facebook.

Staff

TUPE – The proposed purchaser will be required to offer continuity of employment in accordance with the Transfer of Undertakings (Protection of Employment) Regulations.

Trading Information

Full Trading Profit & Loss Accounts will be provided to seriously interested parties after a formal viewing.

Business Rates

The Rateable Value as of 1 April 2023 is £97,500. Confirmation of actual rates payable can be obtained from the local Authority.

Regulatory

Premises Licence

Energy Performance Certificates

EPC 1

Brochures

South Beach Hotel, 73 South Beach, Troon, Scotland, KA10 6EG

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Troon Station0.3 miles
  • Barassie Station1.5 miles
  • Prestwick International Airport Station2.6 miles

About Christie & Co, Hotels

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

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Disclaimer - Property reference 5245010-fh. 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 Christie & Co, Hotels. 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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