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Speyside Self Catering Apartments, South Road, Garmouth, Moray, IV32 7LU

Offers Over
£395,000

£101.36 per sq ft

Business rates & charges may apply

ASG Commercial, Inverness
SIZE AVAILABLE

3,897 sq ft

362 sq m

SECTOR

Leisure facility for sale

Key features

  • Attractive and profitable self-catering business
  • Set in a Grade B listed building with a floor area of approx. 362m²
  • Former hotel with additional apartment block
  • 4 high quality one bed self-catering apartments
  • 5 excellent self-catering letting rooms
  • Conveniently located close to complimentary outlets
  • Ample off-street parking for guests
  • A real turnkey opportunity

Description

Speyside Self Catering offers a unique and highly attractive investment opportunity, located centrally in the quiet and picturesque village of Garmouth. This Grade B listed, two-storey former hotel has been owned and carefully managed by the current proprietors since 2017. The property has been tastefully converted to provide a combination of flexible accommodation options that cater to a variety of guest needs.

The main building comprises five self-catering rooms, one of which is a spacious two-room suite. Each room benefits from its own ensuite facilities, and guests also enjoy access to a well-equipped communal kitchen and a welcoming dining area. The main building can also be reserved in its entirety for private group use, offering additional flexibility and appeal for larger parties or events.

In addition to the main accommodation, the property includes four self-contained one-bedroom apartments, allowing a range of occupancy options. To the rear of the property, guests can relax in a central courtyard and seating area, whilst ample parking is available in the car park directly opposite the premises.

TRADE
This is a well-established, profitable, and efficiently run business that operates throughout the year. Speyside Self Catering has built an outstanding reputation, supported by excellent online reviews and a loyal base of returning guests. The combination of historical charm, modern comfort, and proven income potential makes this an exceptional opportunity for investors or those seeking a lifestyle change in a tranquil Scottish village setting.

Bookings are taken using their own Speyside Self Catering website and Airbnb, with bookings managed through Qbook. All bookings and payments are made online, and guests carry out a self-check in and out, thus making the process cost effective and straightforward.

STAFF
The business is run solely by the owner and his family.

REASON FOR SALE
Having owned the business since 2017 and developing Speyside Apartments into the thriving business it now is, it is the owners desire to retire from the business that brings this turnkey opportunity to the market.

LOCATION
Garmouth is a picturesque village located on the northeastern coast of Moray, Scotland, where the River Spey meets the Moray Firth. Known for its natural beauty, rich history, and peaceful setting, Garmouth offers a charming blend of coastal and countryside living. The village is surrounded by scenic landscapes, with rolling farmland, woodland walks, and access to the famous Speyside Way walking and cycling route.
Despite its tranquil rural setting, Garmouth is exceptionally well-connected. It is located just 9 miles from Elgin, the region's main commercial hub, offering a wide range of shops, schools, healthcare services, and leisure facilities. From Elgin, the A96 trunk road provides direct access to Inverness, the Highland capital, around 45 miles to the west, and Aberdeen, the Granite City, approximately 65 miles to the east. Both cities offer major transport links, including airports, rail connections, and extensive business services, making Garmouth a viable option for commuters and entrepreneurs alike.
The village itself boasts a strong community spirit, a historic golf course, and proximity to sandy beaches and wildlife-rich estuaries, making it a popular destination for nature lovers and outdoor enthusiasts. With its unique setting along the Moray Firth coast and its close ties to the Speyside whisky region, Garmouth is ideally situated for tourism-related businesses, lifestyle ventures, or simply a peaceful place to call home.
The property is within catchment for Mosstodloch Primary School and Milnes High School.

THE PROPERTY
Formerly the Garmouth Hotel, the property has been transformed into the self-catering apartments we see today. The building is made of stone with a white render and a slate roof. The overall finish of the property is of an exceptionally high standard, showcasing thoughtful design that seamlessly blends contemporary style with a sense of comfort and practicality.
The main building is run by oil with the apartment block enjoying electric heating and separate water heaters in each apartment.

Ground Floor
The main building offers individual rooms with their own ensuite facilities. Guests also have full use of the communal dining area and well-equipped kitchen.

On entering the property, to the left is a large laundry and storage room, boiler cupboard and door to rear courtyard. An internal hallway leads through into Room 1 and 6. Room 6 is a single room and Room 1 is a twin room. Both are fresh, comfortable and benefit from ensuite shower rooms.
To the right of the main entrance is the communal kitchen diner. This room is available for all guests to use and is equipped with all the modern conveniences one would desire.

Whilst still on the ground floor, there are two apartments to the right. These both enjoy their own access and are beautifully appointed suites. Apartment 1 is fully accessible.

Both apartments, 1 and 4, consist of a lounge, kitchen, large bedroom and ensuite shower room.

First Floor
Stairs ascend from the main entrance hall to the first-floor landing, which provides access to three well-appointed en-suite guest rooms, including a family suite comprising two bedrooms.

Apartment Block
To the rear of the main building lies a purpose-built apartment block. This hosts two one-bedroom apartments, numbers 2 and 3, both benefiting from separate lounge /kitchen, double bedroom and ensuite with bath.

All linen and towels are provided for guests, and the property is dog friendly.

GROUNDS
To the rear of the building there is a grassed courtyard and car parking is available across the road for more cars than is required for the accommodation. Apartments 1, 2 and 3 have designated outside seating areas. Apartment 4 has direct access to the grass area as have the guests in the existing hotel building.

SERVICES
The property benefits from mains electricity, gas, water and drainage. Electric heating and hot water is provided in all rooms. The main building has single glazed windows due its Listed status and the other areas benefit from double glazed throughout. The entire building is compliant with a modern fire alarm system, emergency lighting and WiFi.

Energy Performance Certificates

EPC 1

Brochures

Speyside Self Catering Apartments, South Road, Garmouth, Moray, IV32 7LU

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Elgin Station7.6 miles

About ASG Commercial, Inverness

17 Kenneth Street Inverness IV3 5NR

SG Commercial is widely regarded as the market leader in the Highlands of Scotland for Commercial Estate Agency. Our passion for maintaining the highest standards of quality and integrity in our day-to-day activities, plus our reputation for determined professionalism in all that we do, enables us to build up a relationship based on trust with our clients and to gain the respect of allied professions within our industry.

As a fully established Commercial Estate Agency we bring together traditional values of personal service whilst drawing on our expertise in E-commerce to utilise modern technologies to maximise our effectiveness in the sale or lease of your property. Our team draws on over 60 years working within the hospitality and retail business sectors either operating businesses or in the marketing and selling of commercial properties.

We are experienced in business transfers covering a wide spectrum of business types. We offer specialist sales and business advice focusing on the hospitality and retail sectors but are equally capable of selling any business within our geographical area of operation. Having developed many business relationships within the finance sector, accountancy, surveying and legal services, we are able to bring a broad range of advice and services directly to you whatever your requirements might be; we are truely a one-stop agency.

As the leading Commercial Estate Agent within the Highlands, we have an enviable track record in concluding business transfers. Our highly qualified team is here to help you sell or buy a business. Our aim is to provide a premier service to our clients with the maximum of support and the minimum of stress.

ASG Commercial is widely regarded as the market leader in the Highlands of Scotland for Commercial Estate Agency. Our passion for maintaining the highest standards of quality and integrity in our day-to-day activities, plus our reputation for determined professionalism in all that we do, enables us to build up a relationship based on trust with our clients and to gain the respect of allied professions within our industry.

As a fully established Commercial Estate Agency we bring together traditional values of personal service whilst drawing on our expertise in E-commerce to utilise modern technologies to maximise our effectiveness in the sale or lease of your property. Our team draws on over 60 years working within the hospitality and retail business sectors either operating businesses or in the marketing and selling of commercial properties.

We are experienced in business transfers covering a wide spectrum of business types. We offer specialist sales and business advice focusing on the hospitality and retail sectors but are equally capable of selling any business within our geographical area of operation. Having developed many business relationships within the finance sector, accountancy, surveying and legal services, we are able to bring a broad range of advice and services directly to you whatever your requirements might be; we are truely a one-stop agency.

As the leading Commercial Estate Agent within the Highlands, we have an enviable track record in concluding business transfers. Our highly qualified team is here to help you sell or buy a business. Our aim is to provide a premier service to our clients with the maximum of support and the minimum of stress.

Notes

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Disclaimer - Property reference Speyside. 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 ASG Commercial, Inverness. 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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