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Hotel Within Historic Scottish Borders Town Of Selkirk For Sale

Selkirk, Scottish Borders, UK
Asking Price:
£380,000
Turnover:
Available on request
Net Profit:
Available on request

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.

Property Information

Property:

Freehold

Living Accommodation:

Located on the first floor and accessed from within the hotel, also has separate private access to the rear of the hotel, via the carpark.
This spacious private self-contained flat comprises of 3 bedrooms, dining kitchen, bathroom and lounge. This space has also benefitted from a new boiler c. 2022, new bathroom c.2020 and most recently a new kitchen.

Location:

The County Hotel occupies a prominent location on the High Street of the historical town of Selkirk (Royal & Ancient Burgh), within the Scottish Borders.
The Scottish Borders is renowned for the wonderful countryside and local activities including walking, nature trails, fishing, riding, cycling, golf and shooting to name but a few. Selkirk itself, sits high above the Ettrick and Yarrow Valleys in the heart of the Scottish Borders and it is famous for its braes and wynds and its annual Common Riding featuring the Standard Bearer and attendants. Regarded as one of the oldest of the Borders festivals, dating from the Battle of Flodden in 1513 the Common Riding event attracts many visitors and over 400 riders.
Selkirk is easily accessed via road and rail services and is within close proximity to the other Borders towns of Galashiels, Jedburgh, Hawick and Melrose with Edinburgh being only c.38 miles via the A7.
Glasgow is c. 82 miles via the M8 and A72.

Premises Details:

Since purchasing the property in 2018, the County Hotel has been greatly refurbished and is presented in good condition throughout. Located on the High Street and dating from c. 1746 (then traded as the Grapes Inn) the property is instantly recognisable due to its whitewashed façade and pillared entrance, with an archway that leads to the private parking to the rear. The property is split over 3 levels, built of a traditional construction under a varying pitched roof and extended to the rear, with separate access to the function room and owners flat.

INTERNAL DETAILS

Reception
Accessed directly from the High Street, the reception hallway is bright in its appearance, with wood effect flooring, leading to all public areas on the ground floor with a staircase to the upper floors/bedrooms.
There is also a small reception desk with an office to the rear including the CCTV equipment.

Lounge Bar
Licensed for 40 and located to the front of the hotel, directly next to the reception, with separate customer access from the High Street. Split into 2 areas this brightly decorated and welcoming space is fitted to a modern design with wood effect flooring, feature exposed brick design wallpaper and comfortable tub style seating with solid wood tables.
This modern bright design flows into the raised area which incorporates further seating, tables and a feature bar servery. Ladies and gents’ toilets are also located to the rear.
In addition, a small servery sits between this bar and the restaurant, allowing staff to easily navigate the back of house and kitchen on first floor.
Breakfast is served in both this room and the restaurant.

Restaurant
In keeping with the style and design of the lounge bar this bright and well-presented restaurant offers covers for circa 60 with a bar servery in the corner. A noticeable feature of this room is the pillared archways which split the room down the middle, allowing for changeable seating layouts, comprising varying freestanding tables and chairs.
There is access to the kitchen on the first floor, with a one-way system in place via the front and back staircases.
To the rear is access to an external seating area which is licensed for an additional 20 covers.
Ladies and gents toilets are also available.

Function Room
Located on the first floor, next to the kitchen, this large room is of a more traditional design incorporating a “minstrels” gallery and can accommodate varying function sizes with a capacity of circa 120. This room has its own bar, ladies and gents toilets and ample storage.

LETTING ACCOMODATION

The hotel trades with 9 ensuite letting bedrooms which are split over the first floor and second floors.
Having benefitted from refurbishment since our client’s ownership, each of the rooms are presented well and offer TV and tea and coffee making facilities.
Comprising: 2 king size and 1 small king size on first floor with 1 king size, 1 twin, 2 doubles, 1 family and 1 single on the second floor.

OWNERS ACCOMODATION

Located on the first floor and accessed from within the hotel, also has separate private access to the rear of the hotel, via the carpark.
This spacious private self-contained flat comprises of 3 bedrooms, dining kitchen, bathroom and lounge. This space has also benefitted from a new boiler c. 2022, new bathroom c.2020 and most recently a new kitchen.

Energy Performance Rating:
F

Other Information

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