Hotel And Restaurant Business For Sale In Burntisland Fife

Burntisland, Fife
Price: £ 595,000
Seller Reference: 3949
Asking Price: £595,000
Net Profit: Undisclosed
Sales Revenue: £550,000
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Freehold

Business Summary

Preferred Commercial is delighted to offer for sale this popular hotel and restaurant business, which was established in the 1960s and which has been in our client’s hands since 2004. The business is only now being placed on the market due to ill health. The business operates all year round and generates a turnover in the region of 550,000 per annum with a gross profit of 29% derived from offering 4 x en-suite letting rooms, restaurant and bar services. Our client also offers wedding, function and conference facilities. There are three separate dining areas, a 20 cover breakfast room, restaurant/function room offering 65 covers as well as 36 covers in the bar area. In addition there is a large beer garden offering a further 28 covers. We are advised that planning permission is in place to convert unused outbuildings into further letting accommodation. The property is well maintained and presented to a high standard throughout. There is a quality website in place offering information about the business and services offered, which we feel could benefit from the addition of on-line booking facilities. We feel this is an ideal opportunity to acquire a thriving hotel and restaurant business in such a delightful location and with scope for future growth. Early discussions with Preferred Commercial must come highly recommended.

Popular hotel and restaurant business, which was established in the 1960s and which has been in our client's hands since 2004. The business is only no...

Property Infomation

  Property: Freehold
 
  Living Accommodation: Yes
 
  Details of Accommodation: Substantial 2-storey property situated overlooking the beach and offering restaurant and bar facilities along with 4 en-suite letting rooms. Briefly comprising:

Ground Floor
� Breakfast room offering 20 covers and small self-service area
� Restaurant/function room with 65 covers, bar servery with beer pumps, 2 x drinks chillers and electronic cash register, access to beer garden
� Main bar area with bar servery, beer pumps, drinks chiller, electronic cash register, raised seating area offering 36 covers, juke box, gaming machine and access to beer garden
� Ladies and gents WCs
� Kitchen with 4 large preparation areas, 2 x double fryers, 6-burner hob and ovens, commercial grill, 2 x Panini presses, 2 x microwave ovens, salad bar
� Utility room with double sink, dishwasher, refrigerator and freezer
� Dry store with shelving to suit
� External store with 4 x chest freezers, 4 x refrigerators, 2 x microwave ovens, small oven

First Floor
� Room 1: Double room with wardrobes, TV and en-suite shower room
� Room 2: Double room with wardrobes, TV and en-suite shower room
� Room 3: Twin room with wardrobes, TV and en-suite shower room
� Room 4: Twin room with wardrobes, TV and en-suite shower room

External
� Private parking area with space for approximately 16 cars
� Large beer garden with 28 covers
� Large children's play area
� Outbuildings
 
  Location: Burntisland Sands Hotel is ideally located on the A921 overlooking the town's sandy Blue Flag beach and within easy walking distance of the town centre shops and businesses. There is ample car parking in the vicinity and the hotel has its own private car park. Burntisland Sands Hotel occupies a monopoly trading position, being the only hotel in the town, and is well supported by the community with several groups such as the book club, walking group and swimming club meeting regularly at the hotel. Burntisland boasts an 18-hole golf course, leisure centre with 25 metre swimming pool and wave machine and a railway station, on the Fife Circle Line, less than a mile from the hotel. The town is popular with tourists, who come for the town's beach, wealth of independent shops, as well as nearby attractions. Kircaldy lies 5 miles to the northeast, while Dunfermline lies 11 miles to the west. The M90 Motorway is just 8 miles away offering easy access to Perth in the north and Edinburgh to the south.

Other Details

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