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Reference: DCH1015

ID: MV0264

Luxury Small Hotel In Scotland

United Kingdom

A rare opportunity to purchase a boutique hotel in Central Scotland. The property has recently been extensively upgraded and extended, presenting an excellent standard of accommodation.

Reference: DCH1015

ID: MV0264

Register Interest
Turnover:
£1.3m
Profitability:
25%

Industry Overview

Full service luxury small hotel sector. 

Location




One hour's drive from Glasgow and Edinburgh

Business Description

The hotel has recently been significantly improved and extended and provides a lounge bar, restaurant (80 covers) private car park, external seating terrace, new fully fitted commercial kitchen, and 12+ letting bedrooms

Financial Summary

The hotel has been opened and closed sporadically due to Covid19 lockdowns and so full profit and loss information is not available. As a snapshot, July 2021 turnover (1 month fully open) was £152,000 net of VAT with £62k accommodation sales and £90k food and beverage sales. Forecast annual turnover is approximately £1.3m-£1.4m with a projected Fair Maintainable Operating Profit of £280-£350k

Investment Rationale

Over £1m recent investment in the physical property to include extended restaurant, new commercial kitchen and reception area. Superb lounge bar area for residents and guests. Easy access to central Scotland motorway network and a large population catchment area. Perfect for a base to explore central Scotland and for outdoor enthusiasts, particularly golfers, with numerous golf resorts and Championship grade courses within the area.

Transaction Information

Full sale, freehold, no ground leases or equipment leases, fully fitted and all equipment included in the sale.

To enquire, you will need to complete our Investor Verification Process and sign a Buyer Consent Form.