Douglas Arms Hotel, 200 - 206 King Street, Castle Douglas, DG7 1DB
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- SECTOR
Hotel for sale
Key features
- 23 Letting Rooms
- Three Bedroom Manager's Flat
- Located in Town centre
- Car Park (15)
- Development potential
- Energy Rating G
- Christie & Co Ref: 6846693
Description
A well positioned 23 bed hotel located in the town centre of Castle Douglas.
The hotel also has a public bar, restaurant, two small meeting / function rooms and a large function room to accommodate around 80.
Located on the first floor is a three bedroom manager's flat.
Centrally nestled within the picturesque market town of Castle Douglas, this comfortable hotel dates back to the 1700's, when it served as a coaching inn for stagecoaches. Douglas Arms Hotel is a three minute drive from Loch Ken, six minutes from Galloway Activity Centre and eight miles from Red Kite Feeding Station.
The nearest airport is Glasgow Prestwick Airport which is 53 miles from the hotel, and there is a local bus service nearby which connects the city to Kirkcudbright, Dumfries, Stranraer, Carlisle, Glasgow & Edinburgh. The bus stations near the hotel are Queen Elizabeth Drive, Brown Crescent, Oakwell Road, and Whitelaw Avenue which are located no more than one mile away.
Dumfries Train Station is the nearest train station to Douglas Arm Hotel, and it normally takes half an hour to reach the hotel from there. Douglas Arms Hotel is also located three minutes from A75, giving easy access to the town of Dumfries, and areas around Castle Douglas.
Restaurant with side lounge and public bar located on ground floor accessed via St Andrews Street.
There are two meeting rooms/small function areas and a large function room known as the Stewart Room which can accommodate around 80 situated to the rear of the reception area.
There are 23 letting rooms located on the first floor, a variety of singles, doubles and twins. In addition is a three bedroom private manager's flats located on the first floor.
All fixtures and fittings within the property are included in the purchase price (excluding any personal items).
External DetailsThe two storey property of painted stone under a pitched and slated roof.
On-street parking is available on a first come first served basis to the front of the hotel with a large car park for around 15 vehicles to the rear.
A great opportunity to acquire a freehold hotel located in the centre of Castle Douglas.
The hotel is currently vacant however, could once again thrive under the right management. In addition to continued use (subject to reinstatement of license), the property also lends itself to various development opportunities - subject to obtaining planning from local authority.
Castle Douglas is well known as Scotland's Food Town due to the town having a strong focus on local produce and independent food businesses.
The incoming purchaser would be in a strong position to capitalise on the existing restaurant space to cater for both locals and tourists.
The hotel is currently vacant and not trading.
Development PotentialThe property would suit a variety of development options including self catering apartments, office, retail or ground floor restaurant/takeaway with residential dwellings at first floor. These potential options would all be subject to obtaining planning from the local Authority.
In addition to developing the main hotel, there is a detached two storey outbuilding to the rear which is currently not being used and could be developed going forward.
According to the Scottish Assessors, the Rateable Value is £35,000 with effect from 1 April 2023.
Confirmation of actual business rates payable should be obtained from the Local Authority.
Brochures
Douglas Arms Hotel, 200 - 206 King Street, Castle Douglas, DG7 1DB
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Dumfries Station16.0 miles
Notes
Disclaimer - Property reference 6846693-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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