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A Renowned 4* Island Hotel With 8 Bedrooms And A Stunning Sea Side Position For Sale

Orkney, Orkney Islands, UK
Asking Price:
£750,000
Turnover:
Undisclosed
Net Profit:
Undisclosed

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A Renowned 4* Island Hotel with 8 Bedrooms and a Stunning Seaside Position - For Sale

Located on the Beautiful Island of Orkney - with stunning waterfront views

Well-Established & Popular Business

Semi-Detached, 2-Bedroom Staff House

Range of Restaurant; Lounge & Bar Facilities

Turnover for 2023 in excess of £720,000 (net of VAT); with attractive profit levels

Graham + Sibbald are delighted to bring to market the Sands Hotel For Sale. Located on the Island of Burray, just off mainland Orkney, once only accessible by boat, but now linked by the iconic causeways - the Churchill Barriers. The hotel itself has an imposing position overlooking the beach and Burray Harbour, with stunning views over Water Sound to South Ronaldsay This location is a fantastic destination enriched with history. The route through these islands encompasses the Churchill Barriers. The Sands Hotel for sale is a 4-Star, 8-bedroom hotel. The hotel offers 6 ensuite letting rooms plus 2 modern suites that are arranged over two floors. As well as the spacious and comfortable letting accommodation, the hotel offers its guests a variety of restaurant and bar facilities.

There is also a staff house, Point Cottage, which comprises a semi-detached two storey house located at the front of the hotel. Point Cottage has two double bedrooms, bathroom, dining room, living room and kitchen. The sellers have owned and operated the Sands Hotel for 9 years and throughout their time upgraded the hotel, the availability of the hotel offers buyers a fantastic opportunity to acquire a long established and profitable destination hotel business. We think this opportunity would really suit an owner operator looking for a wonderful lifestyle on this stunning island.

Offers around £750,000 are sought for the heritable property in the hotel, the trade fixtures, fittings and equipment, together with the goodwill of the business, which is to be sold complete as a going concern. Stock in trade will be purchased at an additional price at valuation on the date of entry. Offers around £150,000 are sought for Point Cottage in addition to the price paid for the Hotel.

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