Hotels and Motels for sale in Peebles

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 I love your website – you saved me so much time with my search. I've now bought a restaurant. 

Imran Ahmed (Nov 2014)
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Freehold Price: £850,000 Price Reduced
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Business Description
• 18TH Century Castle
• 13 en-suite letting rooms
• Excellent owners accommodation
• Lounge Bar, 2 Restaurants, Large Grounds

A Stunning Period Property Which has Undergone Extensive Refurbishment
The sale of Castle Venlaw offers a rare opportunity to purchase a high quality, beautifully presented Historic Borders property which is trading well but with potential for expansion of the business.
REF - 43935
Price - £850,000

Castle Venlaw Hotel is an extremely well run business that has been run by the current proprietors since 2011. The property has been placed on the market due to the current proprietor’s other business interests along with bereavement. The business trades throughout the year and its quality is reflected in the number of awards it currently holds such as achieving 4 out 5 on trip advisor and being ranked number 5 in the area. Additional marketing is carried out through its own informative website www.venlaw.co.uk.

The property has run as a hotel since 1949 and has enjoyed much success over the years.
The hotel trades throughout the year from a good mix of tourists and local customers.

Summary. The sale of Castle Venlaw offers a rare opportunity to purchase a high quality, beautifully presented Historic Borders property which is trading well but with potential for expansion of the business.

Price
OIRO £850,000 are sought for the heritable property, fixtures, fittings and goodwill. Stock in trade will be additional at valuation.

Inventory
An inventory will be compiled to detail all items of a personal nature excluded from the sale and items subject to lease; this will be available to all parties wishing to offer.

Viewing
Strictly by appointment through the sellers’ sole agents, Bruce & Company. Please remember when viewing that staff and locals may not be aware that the business is on the market and we would be grateful if you do not talk openly about the business while in the area.

Offers
All offers, couched in Scottish Legal Terms, should be submitted to the seller’s sole agents Bruce & Company.

Further Information
Should you require further information on this or any other property, please do not hesitate to contact us on 0131 314 0660.
Tenure: Freehold

Listed by: Bruce & Co
Find out more about this business for sale opportunity by submitting the form below.
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BC43935
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