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(REF: 2811)  7-Bedroom Family Run Hotel in Dunoon Argyll
 
Seller Reference: 2811
B4S Reference: 30560
Asking Price: £364,950
Net Profit:
Sales Revenue: £40,000
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Freehold
Location: Dunoon, Argyll and Bute, United Kingdom
  Business Summary   
  Preferred Commercial is pleased to offer for sale this 7-bedroom family run 3 star hotel, which was established in 1900 and which has been operated by our clients since 1983. The hotel is only now offered to the market due to our clients' wish to retire. The business is run at a pace to suit our clients and trades all year round, generating a turnover in the region of £40,000 per annum with a gross profit of 90%. St Ives Hotel offers 7-letting rooms, all of which have flat screen tv, telephone and tea/coffee facilities, along with a high quality breakfast and evening meals by request. The business also holds a residents licence and serves a selection of alcohol. We feel the turnover could be further increased by embarking on a modest marketing campaign and from the introduction of lunchtime meals and offering packed lunches. A new owner could easily increase turnover by running the business to its full capacity. The business has an enviable reputation and is renowned for its quality accommodation and friendly service. The hotel enjoys much repeat trade and word of mouth recommendations. There is a website in place advertising the accommodation and services provided, with online booking facilities. The premises have been finished to a high standard throughout and boast 3-bedroom owners' accommodation and 2 outbuildings. We feel the owners' accommodation and outbuildings could be utilised as further letting accommodation. This is an ideal opportunity to acquire an already popular hotel in such as desirable location. Early negotiations with Preferred Commercial must come highly recommended.
  Property Information   
  Property: Freehold
 
  Living Accommodation: Yes
 
  Details of Accommodation: Substantial 3-storey hotel premises with private parking facilities. Briefly comprising:

Ground Floor
• Porch with seating area
• Entrance hallway
• Dining room with wooden tables and chairs for up to 24 covers and corner bar servery
• Kitchen with work surfaces, fridge-freezer, freezer, dishwasher, 6-burner gas hob and oven, washing machine, tumble dryer, double fryer, grill, microwave oven and toaster
• Owners' accommodation with lounge, double bedroom, 2 x single bedrooms, bathroom with bath, shower, WC and wash hand basin
• Skye: double bedroom with en-suite shower, WC and wash hand basin

First Floor
• Aaron: double/twin bedroom with en-suite shower, WC and wash hand basin
• Little Cumbrae: single bedroom with wash hand basin and private bathroom
• Bathroom with WC, wash hand basin and bath serving Little Cumbrae
• Mull: double bedroom with en-suite bathroom
• Residents lounge with leather sofas, fireplace and bay window with views over bay


Second Floor
• Bute: double bedroom with en-suite shower, WC and wash hand basin
• Great Cumbrae: family bedroom with en-suite shower, WC and wash hand basin
• Jura: family bedroom with en-suite shower, WC and wash hand basin

External
• Private enclosed gardens to rear
2 x outbuildings, previously used as basic bunkhouses
• Garden to front leads to waterfront
• Private parking
 
  Location: St Ives Hotel occupies substantial 3-storey mid-parade premises, ideally located on a private road on the waterfront in the town of Dunnon, Argyll. The premises benefit from ample private parking and surrounded by a wealth of complementary shops and businesses. The town's amenities and attractions are nearby including, Argyll College, Castle House Museum, Pier and the Cowal Golf Club. Dunoon is situated on the Cowal peninsula and lies on the Firth of Clyde. The premises boast spectacular views over the bay and are surrounded by picturesque countryside. The town is a busy seaside resort, popular with tourists and is often referred to as 'The Gateway to the Highlands'. The premises boast easy access to the a-road network and there are regular ferries running to Gourock. Greenock lies approximately 8 miles away, while Glasgow lies 32 miles away.
  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   
  All year round at a restricted pace





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