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Profitable And Established Hotel Within Busy Coastal Town For Sale

Kirkcudbright, Dumfries and Galloway, UK
Asking Price:
£1,350,000
Turnover:
£1,252,333
Net Profit:
Undisclosed

Selkirk Arms Hotel
High Street, Kirkcudbright, Dumfries and Galloway,

• Outstanding family hotel in heart of the “Artists’ Town”
• 17 e/s bedrooms & fantastic range of bars, restaurants & meeting rooms
• Excellent mix of local, visitor and repeat custom
• T/O for year end March 24 c. £1.25m (net)
• 4.5 rating with TripAdvisor & 4 Star VS
• Ideal for an owner operator or as part of small portfolio

FREEHOLD: Offers Around £1,350,000


The Selkirk Arms Hotel is a successful and profitable business, which has benefitted from a regular programme of refurbishment and upgrading to keep the hotel at its best possible position.
The hotel is just off the town centre, and enjoys the additional amenity of having neat peaceful gardens ,with outdoor seating, and a useful private car park. All in all, this
combination of compact facilities and “critical mass” combine to create a highly profitable, rewarding and successful business.
The present owners acquired the hotel in 2007 and spent many years developing a highly reputable and profitable business. The hotel is now not only one of the finest hotels in the local area but Scotland’s South-West. Business trade is generated from repeat custom together with general tourism and high levels of local support. The sale of the Selkirk Arms Hotel offers a fantastic opportunity to acquire a well-established business with excellent cash flow and profitability.

Property Information

Property:

Freehold

Location:

The hotel is situated close to the centre of the attractive and well-known coastal town of Kirkcudbright, which combines successfully the more modern attractions of a picturesque resort, with a regular town centre, which includes a variety of businesses and activities and a range of local small industry and services. Kirkcudbright has long been a centre for visual artists and is known as “the Artists’ Town” (the importance of which was recognised with the opening, by the Princess Royal in 2018, of Kirkcudbright Galleries – a regional gallery of national significance celebration and promoting the unique art heritage of Kirkcudbright). The
town had a long association with the Glasgow art movement, including the
Glasgow Boys and the Scottish Colourists, Peploe and Cadwell, who based
themselves in the area over a 30-year period from 1880 to 1910, establishing the Kirkcudbright Artists’ Colony. Also, among those who moved here from Glasgow were Hornel and Henry. Plus, of course, the all important and ever popular visitor and tourist custom prevails.

Kirkcudbright, in the beautiful Dumfries & Galloway region, has easy access to the beaches of the Solway Coast, to the Galloway Hills, Mountain Biking venues, a range of challenging golf courses and the UK’s first ‘Dark Sky Park’ at Galloway Forest. Supporting this are two recent editions to Kirkcudbright and Galloway, the Dark Space Planetarium and the new Dark Art Distillery, both in the town centre, providing additional visitor attractions.

Premises Details:

The Selkirk Arms Hotel is an impressive townhouse dating back to 1770 and believed to have been in hotel use continuously since that time and is an Historic Scotland Listed Building, Category B. The hotel split over ground, first and second floors accessed from both the High Street and from the rear car park.

ACCOMMODATION SUMMARY
The front of the hotel, accessed via the High Street, leads to reception office
with counter behind. The hotels accommodation is laid out over 3 main levels,
briefly, as follows:-

Public Areas
Burns Room Lounge (20)
Lounge Bar (38)
Bistro (18)
Artistas Restaurant (70)
The Wee (Public) Bar (16)
Function/Meeting Room (within the annexe) (12)

Letting Accommodation
17 Bedrooms to sleep 36
8 x Double
5 x Twin
2 x Single
2 x Family
All bedrooms ensuite - 8 x Bath with Shower; 8 x Shower only; 1 x Bath only

Service Areas
Commercial Kitchen
Prep and Wash up Areas
Beer Store
Spirit Store
Laundry
General Storage

Outside
Enclosed garden area at the rear
Seating terrace for alfresco activities
Outdoor pizza oven
Private Car Parking (10 spaces)

Energy Performance Rating:
G

Other Information

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