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Popular Hotel Set In Coastal Village Of Portmahomack For Sale

Portmahomack, Highland, UK
Asking Price:
£340,000
Turnover:
Available on request
Net Profit:
Available on request

• Popular Highland hotel in a spectacular prime coastal location offering outstanding views in the ever-popular coastal village of Portmahomack.

• Successful and profitable business generating a strong profitability from a year-round operation with scope for further growth.

• Set within the picturesque seaboard village capitalising on buoyant tourist trade and local demand trading wets sales, food and rooms.

• Four quality en-suite bedrooms plus attractive and spacious trading areas.

• Three-bedroom owners' accommodation; ideal for family use or further self-catering letting potential.

• Exciting opportunity for first-time buyers offering an exceptional "Home and Income" lifestyle business opportunity.

Property Information

Property:

Freehold

Living Accommodation:

At present 3 rooms are utilised as owner’s accommodation. There is a large smart bedroom with en-suite bathroom. A kitchenette / dining / office / utility room and to the front aspects a lounge with views to the bay. These rooms could be reconfigured to suit new owners’ personal preferences.

Location:

Portmahomack with its population of circa 600 is a highly popular residential village but is also a very attractive tourist destination during the summer season. The village is only a short distance from the NC500 tourist route and attracts many day visitors who believe this attractive harbour is well worth the detour. Portmahomack is the only west facing village on the east coast of Scotland and therefore benefits from stunning sunsets. It is also reported as one of the driest places in Scotland and famous for its safe, sandy beach and small harbour designed by Thomas Telford. Portmahomack attracts both “day-trippers” and more long-term visitors partly due to its unusually sunny and pleasant micro-climate. The village has a caravan site which is well frequented in the main season. Portmahomack has a number of small visitor attractions including a Discovery Centre Pictish Museum, Tarbatness Lighthouse, dolphin trips and a 9-hole golf course. It is also a popular start point for coastal walks around the Tarbat peninsular and is a magnet for water sports enthusiasts with its sheltered open waters. However, within the larger catchment area there are a broader range of attractions including Fearn Abbey, Tain Pottery, Anta Pottery, Glenmorangie distillery, and Dunrobin House to name a few.

For sports enthusiasts there is ample variety including fishing, field sports, outdoor activities and golfing venues. For the dedicated golfer, there are a number of outstanding quality golf courses within the immediate area, the most famous being Royal Dornoch and the championship course at Tain. Portmahomack is well located for exploring the wider Highland region and taking in its many natural attractions. Inverness, Culloden Battlefield and Loch Ness are all within an hour’s drive of the village. Outdoor pursuits such as bird and nature watching also draw a great many visitors to the area who take advantage of the abundance of wildlife. Within the Cromarty Firth seals are readily observed and in the Moray Firth the dolphins are a great attraction.

The area around Portmahomack has a strong farming tradition with some light engineering in the area. The resulting influx of workers for agriculture, oil and renewable industries makes this part of Ross-shire a vibrant business location. Portmahomack is close to the newly revitalized Nigg fabrication yard and a short drive to the busy A9; the arterial route from Inverness to Thurso. The local town (Tain) has good rail links and an excellent range of shops and amenities for visitors and residents alike. Tain also has a full range of education facilities while Portmahomack has its own primary school.

Premises Details:

Description
the castle hotel is a well-presented, traditional, small highland hostelry overlooking the seafront on to the dornoch firth. Enjoying solid year-round trade with local support, the business drives significant levels of business even during winter months from this thriving highland community. From its central trading location in the popular village of portmahomack, the business benefits from the broader catchment area of the seaboard villages, being close to the highland town of tain plus the strong influx of tourists during the holiday season, especially between easter and october. The hotel has been transformed under the present ownership and is now a focal point of the community and is a destination venue for the broader population. The current owners have invested in both the physical aspects of the business and, importantly, the trading aspects of the establishment which now offers a venue with a traditional ambience.

The castle hotel offers 4 comfortable en-suite guest rooms available year-round plus a spacious bar where wet sales and catering are delivered to a good standard. The commercial aspects of this business are well presented with excellent ancillary areas. In addition to the trading aspects, the owners utilise 3 bedrooms for their own needs. This is a stunning small hotel which would ideally suit new to market operators or a first-time venture for experienced operators wishing to become self-employed.

Trade
this is a sustainable business exhibiting a positive level of income and sound profitability. The hotel generates its turnover from the sale of 4 attractive en-suite letting bedrooms which is supported by good levels of wet and food sales. The business trades year-round and is popular with tourists and the local population alike. The bulk of tourist visitors are seen during the main tourist season which runs from easter to october. Though a small venue, the castle hotel is known for its music nights and traditional pub ambience. The business has a strong reputation which is reflected on review websites such as tripadvisor. There is a number of bed and breakfast and self-catering businesses locally which draw in business to the hotel. The trading aspects are well presented on a number of portal websites such as booking.com and has its own comprehensive website presence (www.castlehotel.pub) with an automated booking service and is on facebook (www.facebook.com/castlehotel.pub).

Staff
the business is owner operated with the support of a small team of local professional staff.

The property
the castle hotel is a substantial property of traditional stone construction under a pitched slate roof. The building has accommodation arranged over two floors, and is presented to a good standard of decorative order.

Public areas
the main hotel door opens directly into the spacious ‘l’ shaped bar. To the right is a sitting area leading to the open-plan dining area complete with hardwood flooring and a wood-burning stove. To the left is the main seating area within the bar, which is a mix of tables and chairs as well as some booths. This is a spacious and comfortable area with a further welcoming solid-fuel stove. Beyond the bar is a further elevated customer area containing the pool table, and two dartboards. Additional entertainment is offered via the large widescreen tv. There is a further dining room located off the bistro area currently used as a utility area, offering some further business development where new owners wish to expand the food service. From the rear dining area, a door opens on to the main stairwell which leads upstairs to all letting bedrooms. There is a separate bathroom on the first floor that could be developed as a single bedroom in conjunction with the other en-suite rooms.

Letting bedrooms
the hotel has 4 comfortable letting bedrooms all located on the first floor. These are comfortable and attractively furnished rooms and all benefit from electric heating, colour television, hair dryer, toiletries and tea / coffee making facilities. They are presently configured to:

the dalmore - family room (double bed and bunk beds) suitable for 4 persons, benefits from an en-suite shower room with underfloor heating.

The grouse - family room (one double and one single bed) with an en-suite shower room and underfloor heating.

The morangie - twin or double room (zip and link beds) boasting sea views towards the dornoch firth with an en-suite shower room and underfloor heating.

Highland park – cosy twin / double bedroom (zip and link beds) with an en-suite shower room and underfloor heating.

Service areas
the hotel has a good-sized and well-equipped commercial kitchen with an adjoining wash-up area and laundry facilities. There is ample fridge and freezer capacity and storage space for dry goods etc. To the rear of the building is a separate vegetable store, beer cellar and wine / spirit store.

Grounds
the castle hotel is a substantial property enjoying sea views and a prime site centrally situated in the village of portmahomack. To the rear of the business there are various outbuildings as mentioned above together with an elevated garden and drying green. There is external seating to the front of the premises ample free parking locally.

Services
the property benefits from mains electricity, water and drainage. The heating throughout is electric and supplemented with 2 wood-burning stoves. Lpg gas is used for cooking. Wi-fi is available in all areas. The property is mainly double glazed. The business is fully fire compliant and meets environmental health standards.

Business Operation

Reasons for selling:

The vendors purchased the Castle Hotel in July 2017 and have enjoyed their time at the helm of this popular village Inn. However, it is due to their wish to scale down their involvement in work that they have decided to place this thriving business to the market.

Other Information

Related Documents:

Contact Information

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