Imposing and centrally located Hotel. 12 letting bedrooms. Public Bar & Function Room (280). Breakfast Room, Restaurant & Lounge. Managers Flat. Currently let on a short term lease basis. Sold with Vacant Possession. Rateable value £17,500.
The property enjoys a prominent trading position in the heart of the Moray town of Keith. The town lies on the main Aberdeen to Inverness trunk road (A96) and is one of the largest centres in the Moray region, located close to the similar sized towns of Huntly and Buckie.
The business is currently let on a short term basis and was previously let on a long term basis. Our clients have no access to the tenants trading accounts.
This is an excellent opportunity to acquire a substantial town centre property. It is strongly felt that the business and hotel would benefit from hands on freehold ownership.
The property has development potential. Any change of use would be subject to local authority planning consent.