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Thriving Town Centre Hotel In Kirkcudbright For Sale

Kirkcudbright, Dumfries and Galloway
Asking Price:
£375,000 Furniture / Fixtures included
Turnover:
£200K - £500K
Net Profit:
Available on request

Due to personal relocation opportunity, we are currently offering a short term price reduction for a July Sale Completion.

Very busy town centre hotel for sale. Situated in one of Dumfries and Galloway's most beautiful areas, this thriving small family run hotel, has increasing turnover year on year. Renovated to a high standard with an excellent reputation for food and within the local community. A "ready to go" business with huge potential to increase revenue further. Idea lifestyle opportunity.

Further information available upon request, please contact seller below for more details.

Property information

Property:

Freehold

Living Accommodation:

Various different areas within the hotel can be utilised for personal accommodation. Previously all unused hotel bedrooms have been utilitised (including a small one bedroom flat within the hotel - ideal for a master suite if converted), however current owners have recently bought and converted/renovated a 4 bedroom duplex accross the road from the hotel - will also be for sale once completed, by seperate negotiation.

Location:

Kirkcudbright, a beautiful and thriving seaside town in Dumfries and Galloway. Know as the "Artists Town" it is a very busy tourist spot, with our summer festivities committee organising events every week all summer long.

Premises Details:

9 bedroom town centre hotel. Currently only operating with 3 of the 9 bedrooms - exceptional opportunity to increase turnover further.

Planning Consent:

N/A

Energy Performance Rating:
F

Business Operation

Expansion Potential:

Huge further expansion potential, various outbuildings, further bedrooms to be converted, etc.

Competition / Market:

Very little local competition.

Reasons for selling:

This hotel was taken over as an ongoing project by the current owners approx 5 years ago. It has since been upgraded, and although not yet "finished" now boasts a fantastic reputation with both locals and holiday makers. The birth of a second child, as well as the sudden passing of one of the key partners in the business has left the current proprietor thinking it is time to have some "down time" with family. This is a very busy business with almost unlimited potential to even further increase revenue for someone very energitic and motivated!

Trading hours:

24/7

Employees:
7
Years established:
current owners took over as a closed entity 5 years ago

Other Information

Support & training:

2 weeks of training/support can be given by current owners if required.

Financing available:

Finance of up to £160,000 available for suitable purchasers from current hotel brewery supplier.

Furniture / Fixtures value:
£35,000 - included in the asking price
Inventory / Stock value:
£3,000
Website:
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Related Documents:

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