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Outstanding 4-Bedroom Hotel In Aberdeenshire For Sale

Banchory, Aberdeenshire
Asking Price:
£270,000
Turnover:
Available on request
Net Profit:
Available on request

Impressive Victorian building set within the attractive village of Lumphanan in rural Royal Deeside.

An excellent easy to operate licensed business trading mainly from wet sales and room lets generating a sound net profit, offering a superb home and lifestyle opportunity.

New hands-on operators with a penchant for food could introduce a more comprehensive dining option and there is scope to expand trading hours.

Smart kitchen facilities, attractive bar and lounge / dining / plus 4 modern and well-presented en-suite letting bedrooms.

Spacious 2-bedroom owners’ accommodation and bathroom facilities plus ample off-road parking.

Property information

Property:

Freehold

Living Accommodation:

The owner’s accommodation is set to the second floor and comprises of two large rooms which can both be used as sleeping accommodation or one could be used as a family living space. There is a modern family bathroom on the second floor.

Location:

Lumphanan is a delightful village in the heart of Royal Deeside which is a popular tourist destination. This picturesque village is surrounded by some of Royal Deeside’s most scenic countryside. Approximately 26 miles to Aberdeen City, Banchory (7 miles), Aboyne (8 miles) and Westhill (20 miles), the village is a good commuting location to larger centres of population. The village has its own primary school and a pre-school. Along with a short, but challenging, 9-hole golf course, Lumphanan also has a multi-sports court. The village boasts a great sense of community.

The Macbeth Arms is the only licensed premises with accommodation in the village with a population of approx. 700. Lumphanan is famous as the site where Macbeth fell in the battle of Lumphanan in 1057. Macbeth’s Stone and Macbeth’s Well are in close proximity to the village and attract a large number of visitors tracing the history of Macbeth. There are many attractions within close proximity to the hotel including the lovely country towns of Aboyne, Ballater, Banchory and Braemar, including the Queen’s residence at Balmoral which is only 25 miles away. With many tourist attractions within easy reach of the hotel and a plethora of outdoor activities ranging from walking, golfing, skiing, shooting, and fishing, there is ample opportunity to develop this business to the next level.

Premises Details:

DESCRIPTION
Macbeth Arms Hotel is a traditional hotel, dating from the late-1800s, benefitting from a strong trading location with a prominent corner site. Sitting within the popular rural Aberdeenshire village of Lumphanan in the heart of Royal Deeside, it is popular with those visitors undertaking an odyssey of the North-East of Scotland including the many places of historical significance. The vendors have modernised this property throughout now bringing it to the market as a walk-in proposition. Internally the property has a modern bar with pool table and large TV. Off the bar are modern bathroom facilities plus a charming and compact dining area. Within the 4 guest bedrooms are modern en-suites and the quality of fixtures and fittings are very high. The kitchen and utility areas are also modern plus there is spacious owners’ accommodation on the second floor.

TRADE
The Macbeth Arms Hotel is a popular venue and focusses trade on wet sales and the letting bedrooms. The bar opens from 5 pm during the week and at midday at the weekends. Therefore, there is scope to expand trade at lunchtimes, especially where new owners are looking to increase the food provision. Meals are mainly provided for overnight guests. The hotel is the only licensed premises within the village and offers a sustainable business development opportunity for new owners to build upon current trade and take it to the next level. There are 4 quality en-suite letting bedrooms. The hotel operates mainly year-round and benefits from a modern website

THE PROPERTY
Macbeth Arms Hotel is a stunning property of traditional stone construction under a pitched slate roof. A Victorian property, the hotel has accommodation arranged over 3 levels.

PUBLIC / SERVICE AREAS
The hotel has two entrances; one leading directly into the bar and the other taking guests into a reception area. Both access points are at street level. The building has an attractive façade. The main door leads into a vestibule which enters into an area between the bar and dining room. This area also offers access to the stairs leading to the first and second floors and via a corridor to the kitchen and utility room set to the rear of the subjects. Off the bar are ladies and gents W.C.s.

Bar - This area is highly attractive with a contemporary bar servery. The well-stocked gantry and multiple beer points are ideal for its functionality. The room benefits from double aspect windows allowing the natural flow of light and for ease of service. Set comfortably to about 24 seats, the bar is popular with locals and guests alike. The bar has a pool table and a large TV plus juke box.

Dining Room – This attractive yet compact room is ideal for breakfasts and small gatherings. It can seat c16 but is only set to 8 covers.

Letting Accommodation - Off the reception is the stairs which lead to the owner’s accommodation and letting bedrooms. The letting accommodation is contained on the first floor and the 4 letting bedrooms are set to:

Room 1 - Super King / Twin beds with en-suite shower room
Room 2 - Large room with king sized bed with seating area in a bay window. Complete with en-suite bathroom with shower above the bath
Room 3 - King sized bed with writing desk and en-suite shower room
Room 4 - Twin room with en-suite shower room

All letting bedrooms benefit from flat-screen TVs with Freeview, hospitality trays and hair dryers. The bathrooms are well-appointed and the quality of furnishings is of a high level.

Kitchen – There is a modern domestic style kitchen which is well-appointed. The kitchen has a modern extraction unit, ample floor and wall mounted units, a 5-ring range and a centre island.

Utility Room – The utility room is set to the rear aspects with access to a small yard. The utility room also has additional wall and floor mounted storage units.

Cellar – the cellar is accessed off a rear corridor with stairs leading down. This spacious area houses a small laundry, a beer cellar and a bottle store. There is also a spirits store.

GROUNDS
There is a small courtyard to the rear of the property for the storage of bins etc. There is ample on-street car parking adjacent to the hotel.

PLANS
Indicative plans of the property can be obtained by contacting the selling agents ASG Commercial.

SERVICES
The Macbeth Arms Hotel benefits from mains electricity, water supply and drainage. Oil-fired central heating provides hot water and heating. Cooking utilises LPG gas. The main property is fully double glazed. The hotel is fire compliant and meets EHO requirements. There is Wi-Fi throughout.

Business Operation

Reasons for selling:

The present owners purchased the hotel in August 2014. They have improved the quality of the trading aspects and now feel that it is time to retire thus offering scope for enthusiastic new proprietors to further develop the operating aspects beyond its current level.

Other Information

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    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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