The Havelock House Hotel Nairn For Sale

Business description

The sale of the Havelock House Hotel and Henry’s Coffee Shop and Bistro gives the opportunity for a self employed lifestyle at the helm of this profitable and easily run year round business. The location of this property benefits from an edge of town location and a coastal setting. This business would be suitable for a family unit or partners.

Havelock House Hotel is a substantial and attractive stone built property located close to the centre of the popular seaside town of Nairn; which has acclaimed blue flag beaches. As a fully licensed business, the Havelock House Hotel offers a warm and friendly welcome where comfort and quality feature highly in all aspects of trading activity. Over recent years the present owners have carried out an ongoing and substantial refurbishment programme bringing the property onto the market in first class condition. A smart Coffee Shop and Bistro (Henry’s) has recently been added to the range of modern facilities on offer, completing this strong, year round commercial business. The present owners have a young family and choose to retain a significant amount of accommodation for their own use, consequently focusing largely upon food and beverage income, supplemented by two rooms retained as guest accommodation. However, new owners could utilise 5 rooms for letting purposes thereby increasing the potential for further sales. The spacious lounge bar is well supported by both locals and tourists alike; its capacity boosted by a further 70 covers provided by the modern bench and table type seating laid out on an area of neat decking leading from the main bar. This outdoor area provides alfresco dining with sea views. Locals are participative in a range of darts / pool competitions, quiz nights and other entertainments are well supported. Food and beverage sales go hand in hand and the business benefits from a good track record and ongoing referrals from local bed and breakfast establishments and other accommodation providers in the area. Prior to the main 2009 season, the owners have created a bespoke Coffee Shop & Bistro to meet the demand for specialist teas, coffees and casual dining outwith the bar. This new trading activity is already enjoying good support and will add to existing income streams.
Nairn is an attractive, residential seaside town with stunning ‘blue flag’ beaches which helps to draw in a large influx of holidaymakers spread throughout the year. The Havelock House Hotel is situated close to the centre of the town, highly convenient for ease of access. Nairn boasts extensive facilities for visitors; two championship golf courses, an excellent indoor swimming complex and a sports centre. The Moray Firth is renowned for its aquatic life, especially its dolphin population which can be observed from commercial boat trips. For the less energetic nearby Cawdor Castle offers a taste of Scotland’s medieval past while Culloden Battlefield and visitor centre is an ongoing testament to Bonnie Prince Charlie’s final futile attempt to gain the throne in 1746. Whether a Whisky Trail, a boat trip on Loch Ness or a visit to one of many accessible Scottish Castles, Nairn is in easy reach of a wide range of visitor attractions and is a popular holiday venue.
The present owners bought the Hotel in 2004 and have enjoyed a rewarding and successful lifestyle to date. Running the business to suit their own trading preferences has resulted in much repeat trade and the forging of many friendships with regular guests. Catering to their desire for an easily run business, the owners operate largely on a food and beverage basis with nominal income from accommodation trade. Over the years the business has benefited from significant upgrading and with the opening of Henry’s Coffee Shop & Bistro is now poised to deliver increasing trade from an already successful base. It is the owners’ planned emigration that brings this excellent home and income lifestyle opportunity to the market.

THE PROPERTY
Of traditional construction Havelock House Hotel is an attractive detached villa, of stone construction under a slate roof with a small extension to the rear. Accommodation is laid out over three floors. The property is a “C” listed building.

PUBLIC AREAS
Each trading area of the Havelock House Hotel benefits from its own separate entrance. To the side of the building, from the Car Park, is the main bar entrance which opens into the spacious, well appointed lounge bar. The bar benefits from a substantial, well laid out servery and offers a wide range of popular entertainments for patrons including pool, darts, trivia / gaming machines, widescreen SKY television etc. The spacious bar is supplemented by outside seating for over 70 more covers. To the front of the building, the separate Coffee Shop and Bistro entrance is clearly signed. This modern facility has only recently been opened to meet the customer requirements for informal dining, home baking and specialist teas / coffees outwith a bar environment. The Coffee Shop has been designed and equipped to an exceptionally high standard with the benefit of a neat wood panelled ceiling, solid wooden floor, smart L.E.D. down-lighting, widescreen TV and fresh colourful décor. A separate central entrance leads to an Inner hallway at the foot of the stairs which in turn leads to the Lounge Bar to the left and the Coffee Shop to the right. The stairs lead to the guest bedrooms and owners’ accommodation.

Letting Bedrooms
The business presently has 5 comfortable double bedded letting bedrooms. The current owners presently utilise 3 of these rooms for their own use but if new owners were to revert these back to letting rooms, this would add to an improvement in trading figures. The 2 current letting rooms have excellent modern en-suite facilities with both bath and shower. Bedrooms are very comfortable, attractively furnished, have central heating, radio alarms, colour television /DVD/ Digibox, hairdryers and tea/coffee making facilities.

PRIVATE ACCOMMODATION
Presently owners’ accommodation is located over the first and second floors and has its own private access. This consists of three double bedrooms (all en-suite), a spacious Lounge, good sized office, kitchen, dining area and further family bathroom with both bath and shower. New owners may chose to bring some accommodation back into use for letting purposes.

SERVICE AREAS
The Hotel has a commercial kitchen and washing-up space. The Coffee Shop and Bistro has its own preparation and servery area and adjoining stillroom. There is a separate boiler / laundry room and linen store. There is a beer cellar in the basement with good access for deliveries.

GROUNDS
Havelock House Hotel is a substantial property and benefits from private parking for 8 cars and additional on road parking. Attractive areas of modern decking have been set out off both the Lounge Bar and the Coffee Shop. These boost trading capacity and prove particularly popular during fine weather. The bar decking area affords sea views whilst enjoying alfresco dining.

DEVELOPMENT POTENTIAL
Planning Consent has been granted to extend the building, however, with plans to emigrate it is not a project the present owners plan to pursue.

SERVICES
Mains electricity, gas, water and drainage. Gas central heating.

LICENCES
The business has been granted a new premises licence.

Trade
Trading figures will be made available to genuinely interested parties subsequent to a formal viewing.

Price
Offers Over £485,000 are invited for the heritable property complete with goodwill and trade contents (according to inventory), excluding personal items. Stock at valuation.

Finance & Legal Services
ASG Commercial is in touch with several lenders who provide specialist finance to the hospitality trade. We will be delighted to discuss your financing requirements with you and make an appropriate introduction.

We have a large team of legal experts in-house

Property information

Property:

Freehold

Living accommodation:

Presently owners’ accommodation is located over the first and second floors and has its own private access. This consists of three double bedrooms (all en-suite), a spacious Lounge, good sized office, kitchen, dining area and further family bathroom with both bath and shower. New owners may chose to bring some accommodation back into use for letting purposes

Location:

Superb central trading location in the busy, ever popular, coastal town of Nairn

Premises details:

Of traditional construction Havelock House Hotel is an attractive detached villa, of stone construction under a slate roof with a small extension to the rear. Accommodation is laid out over three floors. The property is a “C” listed building.

Other information

Expansion potential:

Planning Consent has been granted to extend the building, however, with plans to emigrate it is not a project the present owners plan to pursue.

Planning consent:

Planning Consent has been granted to extend the building, however, with plans to emigrate it is not a project the present owners plan to pursue.

Reasons for selling:

Planned emigration.

Financing available:

Selling Agents can arrange finance

Related documents:

• 
• Schedule of Particulars