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(REF: 1105)  4 Star Bed & Breafast Renevated Church
 
Seller Reference: 1105
B4S Reference: 26517
Asking Price: £595,000
Net Profit:
Sales Revenue:
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Freehold
Location: Elgin, Moray, United Kingdom
  Business Summary   
  KEY FEATURES:
• Consistently high levels of turnover and profitability
• Substantial detached beautiful character premises
• Seven lovely standard guest rooms
• Widespread local reputation and regular year round guest and local customer base
• Lots of further potential
• Super ‘bolt-on’ opportunity for major licensed operator
• Outstanding freehold price for quick genuine sale
• Early viewing essential


THE BUSINESS:
Enjoying all the considerable and private advantages of its fantastic position with little in the way of direct local competition close, The Old Church of Urquhart is situated in the superb rural location, close to the sea at the Moray renound for it’s never ending golden beaches nearby to the Grampian Highlands amidst Malt Whisky County. Benefiting from excellent access to the nearby main road links, this established church conversion has become an important focal point of the community in the course of many years of highly successful trading by providing all the extremely well fitted and appointed traditional free house licensed bar facilities associated with an establishment of this kind. It is a popular venue for regular civil marriages, celebrations and conferences.


Operating from substantial detached premises of real charm and character, The Old Church of Urquhart also offers a full and varied menu of classic home-cooked meals and snacks prepared freshly to order in its extensively equipped catering kitchen, and served in the very pleasant surroundings of an attractively furnished lounge bar and restaurant which may accommodate up to sixty covers in style and comfort.
The property also boasts seven lovely standard (some en-suite) hotel guest rooms, and would naturally furnish any enthusiastic purchaser with ample scope for continued growth not least with regard to considerable further development of its food trade, the possible introduction of function trade, and to possibly extending the property as the surrounding land is in excess of 2 Acres.

The business would also benefit greatly by adopting a far more vigorous marketing policy of its excellent existing facilities and services, particularly with reference to the introduction of online advertising, in order to improve upon the already impressive high levels of turnover and profitability it is achieving in the hands of the current proprietor since being established in 1998.


Alternatively, this versatile proposition would most certainly appeal to some major local, regional or indeed national operator in the licensed hotel and leisure services industry looking to significantly increase its existing share of the market by the acquisition of a substantial and superbly located additional, independent free-of-tie establishment with a valuable local name and an established customer and guest base, and we would unreservedly recommend a viewing in order to show the full beauty and potential of this fantastic property.

Without doubt - one of the finest old buildings in the north of Scotland with a fascinating history...turbulent at times... starting out as a military garrison and ironically perhaps later converted into a place of peace by St Benedictine monks. Recently redeveloped, it now provides a most exclusive holiday home in Scotland. It has now been re-designed to provide guests a truly unforgettable vacation experience whilst still keeping the charm and character of this B-listed building.

Surrounded on three sides by water, Fort Augustus Abbey is set on the southern end of Loch Ness in twenty acres of beautiful mature garden grounds which extend right down to the shoreline of Loch Ness, home of the 'Water Horse' we call Nessie. The Caledonian Canal forms the western boundary and the river Tarff forms the eastern boundary. Loch Ness is just 20 minutes drive from the city of Inverness.

THE HIGHLAND CLUB includes a tennis court and cricket pitch, a club lounge with full sized snooker table with the 'Boathouse' restaurant onsite in the grounds and much more... Once the development is completed, an indoor swimming pool, spa facilities, and gym will be available for the exclusive use of Highland Club residents and visitors. The lovely, picturesque village of Fort Augustus is only a couple of hundred yards from the abbey.
TRADING HOURS:
This business is open 7 days a week to take full advantage of local demand.

FINANCIAL INFORMATION:
The current turnover as it stands for 6 months trading is £65,000, this is due to our clients living/working the other half of the year abroad which is the main reason for the sale.

TENTURE:
Freehold.

PROPERTY DESCRIPTION:
• Stunning scenic 4 Star B&B with Wedding and Alcohol Licences
• 7 large Bedrooms • 5 Bathrooms (3 En-Suite) : The En-suite to the master bedroom containing a sauna as well as the usual bathroom facilities
• 2 Fully Equipped Kitchens
• 3 Further Reception Rooms
• The Bell Tower with 2 Storage Rooms and 1 Study
• Boiler House
• Attractive Part Third Floor Awaiting Conversion
• Weddings/Functions/Conferences
• Private Car Parking and Grounds of approx. 2 Acres
•
*FULL PLANNING CONSENT APPROVED FOR INTERNAL ALTERATIONS AND 3 HOLIDAY CHALETS*

Viewing and Confidentiality
All arrangements to view are strictly by an appointment through the Offices of Local commercial. And no approaches what so ever should be made to the owner or the business. For an appointment to view please telephone 01254 776022.
Quote Ref 1105
  Property Information   
  Property: Freehold
 
  Living Accommodation: Yes
  Other Details   
  Is this a home-based business? Yes
  Can this business be relocated? No
  Is this business part of a franchise? No





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