DescriptionA very well presented small hotel with bar and restaurant, popular with both locals and visitors to the area.
LocationThe hotel is situated on Dundee Street close to the Carnoustie Golf Links and the beach, on the corner of Barry Road and Dundee Street, part of the A930 in the Scottish coastal town of Carnoustie.
Carnoustie is famous for its links Golf Course and recently hosted the Senior Open Championship 2024, ensuring a massive economic injection to the town and local region during the summer.
The A930 continues east from the hotel and forms the main High Street in the town, with a mix of residential, retail and commercial properties in the vicinity. Dundee is located 14 miles to the west of the town and Arbroath is seven miles to the north east, along the North Sea coast. Carnoustie also benefits from its own train station with regular services provided north and south.
Internal DetailsThe main bar area, a capacity of c.60, has a traditional pub feel with fixed and loose upholstered furniture, pool table, darts board and its own main street entrance. The bar is a well visited business from locals and visitors to the town, pouring a great selection of draught products, wines, spirits and soft drinks.
A small seating area on the opposite side of the bar is used for hotel guests, with a seating capacity of c.16. This is also used as the reception/check-in area for hotel guests.
The main restaurant/breakfast area can accommodate c.36 seated guests and is located to the front of the hotel, and has huge potential for growth.
Located to the rear of the building is a fully fitted commercial kitchen with ample storage space, and the laundry room.
Fixtures & FittingsAll fixtures and fittings required for the operation of the business will be included in the sale as a going concern.
Letting AccommodationThe hotel includes eight ensuite letting bedrooms.
First Floor
Two single bedrooms
Four double/twin bedrooms
Second Floor
Two double/twin bedrooms
The rooms are all fitted to a comfortable standard with two of the rooms being recently upgraded.
External DetailsA shared car park is located to the rear of the hotel that can only be accessed via security barrier.
A small outside seating area located to the rear within the car park area that is licensed for outside use.
The OpportunityThe Corner Hotel is privately owned and operated enjoying an excellent local reputation for hospitality with the Lounge Bar having a traditional and welcoming atmosphere.
The owners have decided to sell to pursue other interests and this brings a fantastic opportunity for a new owner to take over a small hotel with multiple revenue streams.
Our client will also consider leasing the business with an annual rent of £45,000 and ingoing premium negotiable.
StaffAll staff will be transferred with the sale of the business under TUPE regulation.
Trading InformationTrading figures will be made available after a formal viewing has been undertaken.
Trading HoursSunday - Thursday
11.00am - 12.00pm
Friday - Saturday
11.00am - 1.00am
Business RatesThe Rateable Value is £26,100 as of 1 April 2023. Confirmation of actual business rates payable should be obtained from the local Authority.
RegulatoryA Premises Licence is in place and will be made fully transferable.