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Victoria Hotel In Kirkcaldy For Sale

Kirkcaldy, Fife, UK
Asking Price:
£895,000 Furniture / Fixtures included
Turnover:
£500K - £1M
Net Profit:
£100K - £250K

A quality small hotel is available for sale close to Kirkcaldy town centre.
21 ensuite bedrooms, recently upgraded throughout.
Lounge bar and dining room, along with a popular function room to cater for up to 120.
Strong wedding and private function trade.
Large private car park to the rear of the hotel.
Fully staffed and managed.

Property Information

Property:

Freehold

Location:

The Victoria Hotel is situated on Victoria Road a short distance north of Kirkcaldy town centre. The surrounding area is of a mixed use nature with numerous residential properties, commercial office space and leisure properties within the immediate vicinity.
Kirkcaldy is situated on the south east coast of Fife, easily accessible via the A92 trunk road. Dunfermline is located 14 miles to the west, Kinross 17 miles to the north west and St Andrews 24 miles to the north east. Drive time to central Edinburgh via the Queen Elizabeth Crossing road bridge is less than an hour.
The hotel has a good mix of leisure and corporate clients and the wider region is popular with golfers with numerous Championship grade links courses within easy reach to include St Andrews, Kingsbarns, Leven Links, Dumbarnie and Ladybank.

Premises Details:

The hotel is contained within a detached property of traditional stone construction that has been significantly extended over the years.
There is some parking to the immediate front and side of the hotel although principal parking is available to the rear of the property where there is a substantial private car park, with secondary access available to the hotel from the rear.
A central door to the front of the hotel leads to the reception area which in turn provides access to all of the public space throughout the property.
There is a lounge bar, dining room and large function room, all provided at ground floor level. Ancillary accommodation includes a large, fully fitted commercial kitchen, toilets and storage.
The hotel is very well known locally as a wedding venue, with the function room able to cater for 120 guests. Funeral teas and private functions are also commonplace, with the benefit of various options of space available to book.
The letting accommodation within the hotel includes 21 ensuite rooms with a mix of single (1) twin (1), double (13), Deluxe Double (5) and family rooms (1) available.

All rooms have recently been upgraded to a high standard throughout so very little capital expenditure is required by an ingoing purchaser.

The customer base is a mix of leisure, corporate and function based bookings.

All rooms are finished to a similar style and standard with Flat Screen TVs, Complimentary Tea and Coffee Facilities, Hairdryer, and Free Wi-fi.

Energy Performance Rating:
G

Other Information

Financing available:

We can refer specialist Finance Brokers who can assist in sourcing the best finance deal for this type of property

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