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Beautifully Presented 9 Bed Hotel, Keith (ref. 1191) For Sale

Keith, Moray
Asking Price:
£225,000 Furniture / Fixtures included
Turnover:
Available on request
Net Profit:
Available on request

9 bedroomed Hotel located in Keith located on the Speyside Whisky Tour. Fully licenced Bar and Restaurant. Walk in condition. Full commercial Kitchen. Suitable for hands on operator. Ideal for husband and wife partnership.

The Fife Arms Hotel is situated in the bustling little town of Keith which is one of the main stops on the Speyside Malt Whisky Trail as the Strathmill, Glenkeith and Strathisla Distilleries are situated in the area.

The property is a substantial stone-built property with public areas on the ground floor and guest accommodation on the first floor. The business is currently being traded by 2 separate tenants - 1 tenant operates the main bar and the other trades the hotel. Therefore, it currently runs as a fully functioning hotel with a separate public bar.

The property will be sold on a fully vacant basis and is ideal for a hands-on operator or husband and wife partnership to run as a full-service hotel.

There is a great scope for development of the business as a new owner could emphasise and utilise the bar and restaurant side of the business. The bar and restaurant revenue would complement the hotel room revenue if both sides of the business were run by the same owner.

Property information

Property:

Freehold

Location:

The Fife Arms Hotel is situated in the bustling little town of Keith which is one of the main stops on the Speyside Malt Whisky Trail as the Strathmill, Glenkeith and Strathisla Distilleries are situated in the area.
The area also benefits from a demand for accommodation due to the large number of contractors as the Blackhillock electrical substation is located near by as well as various offshore and renewable projects in the area.
Keith is about 1 hour and 30 minutes’ drive from Inverness and about 1 hours’ drive from Aberdeen on the A96 Road network. Nearby towns include Huntly, Buckie, Elgin and Aberlour.

Premises Details:

The property is a substantial stone-built property with public areas on the ground floor and guest accommodation on the first floor.

Entrance to the main hotel is at the front of the property although there is a smaller entrance to the side of the property.

Other Information

Financing available:

Contact Cornerstone to discuss how we may assist you in arranging suitable finance.

Related Documents:

Contact Information

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