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Beautiful Perthshire Country Inn For Sale

Glendevon, Perth and Kinross
Asking Price:
£750,000 Furniture / Fixtures included
Turnover:
Available on request
Net Profit:
Available on request

PRICE REDUCED

The Tormaukin Inn is generally regarded as one of the most well known Country Inns in Scotland. Located on the A823, a popular cross country tourist route leading from Stirling and Dollar in the south through “the secret glen” at Glendevon before emerging at the world famous Gleneagles Hotel.

Originally a Drovers Inn, the property is a substantial and expanded stone built property lying under a pitched and slated roof with a variety of extensions to the side and rear. The property and business offers a pleasant mix of historic with contemporary in terms of internal fit out.

Our clients currently run the business under management and do not reside in the business. However, there is a facility for owners accommodation in a chalet at the rear of the hotel with two ensuite bedrooms, living room and small kitchen.

The Tormaukin Inn is an excellent example of a highly regarded and traditional Country Inn occupying a prime trading location in one of the most well known tourist routes in Scotland.

There is a real avenue of opportunity for a hands-on owners to capitalise on recent inward investment in terms of the service areas and front of house in order to drive this business in terms of further turnover increases and further rises in profitability.

The owners are willing to commit to offering vendor finance on generous commercial terms. Full details can be discussed with the agents or at a formal viewing.

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

Property information

Property:

Freehold

Living Accommodation:

Our clients currently run the business under management and do not reside in the business. However, there is a facility for owners accommodation in an a chalet at rear of the hotel with two ensuite bedrooms, living room and small kitchen.

Location:

The Tormaukin Inn is generally regarded as one of the most well known Country Inns in Scotland. Located on the A823, a popular cross country tourist route leading from Stirling and Dollar in the south through “the secret glen” at Glendevon before emerging at the world famous Gleneagles Hotel.

The hamlet of Glendevon offers a peaceful and tranquil location yet retaining closeness to both the M90 & M9 motorway networks leading to and from Edinburgh and Perth and Perth and Glasgow respectively. Edinburgh Airport, Edinburgh city centre as well as Stirling, Dundee and Perth can all be accessed within an hours drive.

The surrounding area is also rich in terms of outdoor sports including world class golf at nearby Gleneagles as well as being less than an hours drive from the home of golf at St. Andrews. In terms of shooting, fishing and walking the area has numerous delights as well as being close to many areas of historical interest including Scone Palace, the Wallace Monument and Stirling Castle as well as being an ideal base for touring Highlands, Perthshire and beyond.

Premises Details:

Originally a Drovers Inn, the property is a substantial and expanded stone built property lying under a pitched and slated roof with a variety of extensions to the side and rear.

There are several entrances into the property including a main customer entrance at the front leading into a reception hallway as well as an additional side entrance leading from the car park into the main restaurant and bar area.

Business Operation

Reasons for selling:

Other business interests.

Employees:
At present the business is run by a hotel manager with the assistance of a head chef and a kitchen brigade of 4. Staff levels fluctuate during the seasons with high season peaking at a full staff compliment over 20 employed full and part-time.

Other Information

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Contact Cornerstone to discuss possible funding options. Vendor purchase finance available - more details on request.

Related Documents:

Contact Broker

Contact Information

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