County Hotel
3-5 High Street
Selkirk
TD7 4BZ
• Established family owned hotel
• Prominent High Street location
• 9 e/s rms, restaurant, lounge bar and function room
• 3-bedroom self-contained owners flat
• Undergone refurbishment since purchasing in 2018
• Presented well throughout with private parking
• Close to all local amenities
• Ideal opportunity for family/chef proprietor
Since purchasing the hotel in 2018, our clients have spent a lot of time and effort refurbishing the premises and establishing it as a well-known and reputable business within the town.
The business is run very much to suit our clients’ requirements, who are looking to retire from the trade and since Covid (March 2020), decided to operate on a bed and breakfast basis only (a fully cooked breakfast is offered to hotel guests) with the addition of various functions/meetings throughout the year. During the Common Riding in July when the hotel is very busy, they adapt the trade accordingly as they have functions and hotel guests that book annually for this event.
When the hotel was fully operational turnover was c.£440k net of vat per annum so the opportunity is there for any discerning purchaser looking to get into this busy market, especially for a family operation or a chef proprietor who could easily grow the trade levels once again. If not then it will continue to trade successfully as a B & B.
Rooms sales are driven via the website www.countyselkirk.com and Bookings.com where the hotel has a 4 star rating and a 4 star rating via TripAdvisor.
A viewing is highly recommended to fully appreciate exactly what is on offer and the potential this opportunity has.