Glencarse Hotel, Main Street, Glencarse, Perthshire, PH2 7LX

£495,000

Size

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Tenure

Freehold

EPC

Parking

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Primary use
Hotel

Key features

  • Prominent Roadside Location
  • 5 Ensuite Letting Rooms
  • Owners 3 Bedroom Accomodation
  • Pub & Restaurant/Function Room
  • Fully Fitted Commercial Kitchen
  • EPC Rating E
  • Christie & Co Ref: 5245046

Description

Description

A unique opportunity to acquire a well performing hotel which has been well run since 2013. The former 18th Century coaching Inn trades consistently well and offers genuine potential for growth going forward. The hotel would be well suited to both an owner or multiple operator.

Location

Glencarse is a village in the Scottish Council area of Perth and Kinross. The village is situated four miles (6 kilometres) east of Perth, lying alongside the A90 road. It was formerly served by Glencarse Railway Station on the Caledonian Railway.

Perth is a city in central Scotland, on the banks of the River Tay. It is the administrative centre of Perth and Kinross Council area and is the historic county town of Perthshire having a population of 47,430.

Perth is situated approximately 20 miles west of Dundee, 40 miles north of Edinburgh and 60 miles north east of Glasgow, lying at the hub of central Scotland’s motorway network. As such, the city benefits from an excellent strategic location.

Internal Details

Entry to the hotel leads to the main spacious reception area with a small seating area with leather sofas and chairs.

The pub can be accessed via its own entrance to the left, accommodating around 50 via fixed seating, wooden tables and chairs. The room features a pool table and large TV's showing live sport, with male and female toilets to the rear.

The lounge is to the right of the reception area and can accommodate for around 70, with a mixture of loose tables and chairs. The restaurant/function room is popular and can be used for private events such as birthdays, weddings and corporate events with its own bar. 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 rear and sits behind the restaurant/function room. The laundry room as well as ample storage is located off the kitchen.

The beer cellar is located in the former stable block building.

Fixtures & Fittings

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

Letting Accommodation

Located in the former stable block building next to the the main hotel are five ensuite letting apartments recently refurbished to a stylish, contemporary design.

Room 1
Double & Single
Sleeps 3

Room 2
Twin Room

Room 3
Double Room

Room 4
Double Room

Room 5
Twin Room

External Details

Located to the rear is the beer garden with tables and chairs.

A large garden area is also located to the rear which the owners have explored developing for further accommodation with the correct planning consents.

Customer car parking can found to the rear.

Owner's Accommodation

Spanning the footprint of the main building is spacious three bedroom owners accommodation which is accessed via an internal staircase.

• Kitchen/dining room
• Large storage room with tanks
• Main Bathroom
• 2 x Double Bedrooms
• Main Ensuite Double Bedroom
• Livingroom

The Opportunity

The Glencarse Hotel was bought by our clients in 2013, who 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.

There is huge scope given the location of the business as there is a local wedding venue within walking distance of the hotel, which the business currently benefits from. It is popular with guests looking to stay, eat and drink however, also caters for weddings and events, which can accommodate for 70 seated. Hotel stays are normally booked via Booking.com.

The hotel boasts fantastic reviews across TripAdvisor, Google and Booking.com and has a great following 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.

Trading Hours

Monday - Tuesday
Closed

Wednesday to Thursday
12.00pm - 9.00pm

Friday - Saturday
12.00pm - 11.00pm

Sunday
12.00pm - 6.00pm

Business Rates

The Rateable Value as of 1 April 2023 is £11,700. Confirmation of actual rates payable can be obtained from the local Authority.

Regulatory

Premises Licence

Additional information
Service charge
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Business rates
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Use class
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Listed building
No
Business for sale
Yes
Energy performance certificate: D

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Glencarse Hotel, Main Street, Glencarse, Perthshire, PH2 7LX

NEAREST STATIONS

National Rail

Perth Station

5.3 miles

About Christie & Co, Hotels

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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.

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Disclaimer - Property reference 5245046-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.