Coastal Hotel and Restaurant in Aberdeenshire For Sale in Macduff- Business 4 Sale .co.uk

Business Summary

Preferred Commercial is delighted to offer for sale this popular hotel, which was established in 1950 and which has been in our client's hands since 2006. The business is only now being placed on the market due to our client's family commitments. Since our client has owned the hotel it has undergone much refurbishment including all bedrooms and a newly fitted kitchen. The hotel offers 5-letting bedrooms, a bar, restaurant and a large function room as well as separate owners' accommodation. The business generates a turnover in the region of £170,000 per annum with a gross profit of 75%. There is scope for a new owner to offer lunches and to provide private function facilities. We feel this represents an ideal opportunity to acquire a well-established hotel with an enviable reputation and in such an idyllic location. Early discussions with Preferred Commercial must come highly recommended.

Property Information

	Property:	Freehold

	Living Accommodation:	Yes

	Details of Accommodation:	Stone built 3-storey property offering 5-letting bedrooms, bar, restaurant and function room. Briefly comprising: Ground Floor • Reception area with reception desk and PC • Conservatory with sofas • Dining room offering 26 covers • Bar/lounge with servery with 6-points of dispense, cash register, sofas, tables and chairs, TV, games machine, pool table and ladies and gents WCs • Kitchen with gas-fired AGA, which also heats hot water, 2 x 6-burner hobs and ovens, grill, 7 microwave ovens, refrigerator, commercial dishwasher, chilled salad cabinet, upright refrigerator and double freezer, extraction system • Dry store room with chest freezer, plate warmer and shelving • Grand function room with separate entrance offering 96 covers, self-contained bar, stage, dance floor and ladies and gents WCs • Owners' private lounge First Floor • Room 1: Double with en-suite walk-in shower, WC and wash basin • Room 2: Double with en-suite walk-in shower, WC and wash basin • Room 3: Single with en-suite walk-in shower, WC and wash basin • Seperate WC with wash basin • Private owners' bedrooms comprising: 2 single bedrooms with wash basin and 1 double bedroom with en-suite bath, shower, WC and wash basin Second Floor • Room 4: Double with Freeview TV, built-in wardrobes, zip-n-link king size bed and en-suite walk-in shower, WC and wash basin • Room 5: Twin with en-suite walk-in shower, WC and wash basin External • Large car park to front • Large garden to rear

	Location:	The Knowes Hotel is located in an elevated position in the heart of Macduff in Aberdeenshire. The hotel overlooks the Moray Firth coast to the Caithness coastline. There is ample off street parking in the private car park. Macduff is a popular destination for tourists drawn to the many nearby attractions such as the historic castles, whiskey trails and golf courses. The town is situated on the A98 approximately 40 miles north of Aberdeen.

Other Details

	Is this a home-based business?	No
	Can this business be relocated?	No
	Is this business part of a franchise?	No

Summary of Business Hours

Open all year

Energy Performance Certificate

View Energy Performance Certicate

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