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DG7

£850,000

Business rates & charges may apply

Sidney Phillips Limited, Northern
SIZE

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SECTOR

15 bedroom hotel for sale

USE CLASSUse class orders: A4 Drinking Establishments, C1 Hotels and Sui Generis

A4, C1, sui_generis_3

Key features

  • Detached, 12 en suite bedroom hotel & restaurant
  • 3 internal trade areas and commercial kitchen
  • Sizeable car park and riverside terrace/garden
  • 3 bedroom private apartment with stunning views
  • 16 electric hook-up campsite with fishing rights
  • Freehold (Heritable) or new, free-of-tie, Leasehold opportunity
  • SELLER REF 95694

Description

The Ken Bridge Hotel, an 18th century coaching inn, is situated on the banks of the River Ken. It is only a short distance from the village of New Galloway which is noted for being the smallest Royal Borough in Scotland.
The hotel is situated on the junction of the A712 and the A713 West Coast tourist route, making it visible to all passing traffic. It is a superb centre for fishing, golfing, hill walking, cycling, mountain and gravel biking and bird watching, as well as for field and water sports. The hotel commands spectacular views of the river, the glen and the historic Ken Bridge and is on the edge of Galloway Forest Park (a designated International Dark Sky Park).
The Ken Bridge Hotel occupies a detached, three-storey building with single storey and two-storey extensions. It is of stone construction under a pitched slate roof.

The Ken Bridge Hotel provides a rare opportunity for an operator to purchase a business with four, ready-made revenue streams: letting accommodation, evening restaurant, bar and campsite. Introducing a breakfast offering and hosting wedding receptions would also generate additional income.
The business welcomes a variety of guests including contractors who work at the nearby hydro power stations and wind farms, families, holidaymakers, members of classic car clubs and fishermen, as well as those travelling on business.
The Ken Bridge Hotel is operated by our husband and wife clients alongside their two children and two part-time members of staff. The premises are currently operated as a lifestyle business and, as such, we believe this opportunity to be ideal for a purchaser looking for the same. Alternatively, the premises could suit conversion into an all day, destination, food-led venue due to its commercial kitchen and plethora of on-site parking.

Accounting detail will be made available to serious parties following a formal viewing.

FREEHOLD (Heritable) Asking Price £850,000 to include fixtures, fittings and goodwill. Stock at valuation in addition. 

Alternatively our client will consider the creation of a new lease on the following terms:

LEASEHOLD PREMIUM £20,000 to include fixtures, fittings and goodwill. Stock at valuation in addition. 

Brochures

DG7

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Dumfries Station20.9 miles

About Sidney Phillips Limited, Northern

Northern

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.

Notes

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Disclaimer - Property reference 95694. 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 Sidney Phillips Limited, Northern. 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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