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Established 2002, Central Scotland Hotel & Restaurant Business For Sale

Hamilton, South Lanarkshire
Asking Price:
£275,000 Furniture / Fixtures included
Turnover:
£200K - £500K
Net Profit:
£50K - £100K

Exciting opportunity to acquire an extremely well run business in Hamilton. Hamilton is the 4th largest town in Scotland and is still growing.

Situated in the excellent location of Hamilton West, a very densely populated area with a vast number of offices, businesses and housing all within a half mile radius there is a great mix of families, professionals and students all within walking distance. This business has high levels of passing traffic as it sits on the main arterial road connecting Blantyre and Hamilton which makes it perfect for advertising.

The building itself comprises eight en suite letting bedrooms, lounge bar, restaurant seating up to 75, conservatory area seating 50, well kept beer garden seating 40, huge kitchen with separate dry store and both a large walk-in fridge and freezer, Fruit and herb garden for the kitchen, outbuildings, greenhouse and car park with 14 large spaces.


Proprietors are retiring and are unable to give full focus and attention to the business hence sale.


Potential for business expansion would be - Delivery/Pick up service, Conferencing, Weddings, Functions, Breakfast trade, Brunch, High teas,

Business is being sold as a leasehold with a new 25 year lease available.
May sell Premises.

Property information

Property:

Leasehold

Leasehold Type:
New
Lease Terms:

New 25 year lease, negotiable

Leasehold Rent:

£45,000 per annum

Location:

Hamilton, resident population approx. 54000, is the administrative centre for South Lanarkshire Council. Highly accessible to the M74 which links M8 Glasgow and Edinburgh. Building is located on an arterial road linking Blantyre and Hamilton with areas of residential housing, offices, technology park, industrial estates within 1.5 mile radius. Great transport links. Hamilton West station less than 500m away.

Premises Details:

Stone constructed detached two storey building with conservatory extension to the rear, paved garden and 14 space car park. Site area, approx. 1026 square meters

Size in square feet:
3380 sq ft

Business Operation

Expansion Potential:

There is potential for expansion of both restaurant and rooms and functions

Competition / Market:

Relatively low levels of immediate competition. Hamilton, being a great central location for travelling around central belt of Scotland and within easy access to links to the North and one hour to Carlisle The Villa Hotel is one of only three independent small hotels in the town.

Reasons for selling:

Owners retiring and unable to give the business full attention

Trading hours:

Hotel 24/7 Operation, Bar/Restaurant 11am till 11.45pm

Employees:
6
Years established:
17

Other Information

Support & training:

Full support available to prospective buyer

Website:
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Contact Information

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