Hotels and Motels for sale in Larbert

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Imran Ahmed (Nov 2014)
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Freehold Price: £350,000
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Business Description
Commercial Hotel
3 Stirling Road
Larbert
FK5 4AE

DESCRIPTION

The subjects comprise traditional licensed premises which provide a public bar with games room off. There are male and female toilets and accessed from the games area is an enclosed beer garden/smoking area. The main entrance
hallway provides access to the upstairs letting bedrooms and also the kitchen and dining room which are utilised by the residents. Completing the ground floor accommodation is a large cellar/store.

There are six letting bedrooms at first floor level together with a shared bathroom. At attic floor there is a large lounge/bedroom previously utilised for owner’s living accommodation.

To the North of the property is a large car park which can accommodate circa 14 cars.

ACCOMMODATION

We would summarise the accommodation as undernoted:-

Ground Floor
Public bar with games room off. Male & female toilets. Entrance hallway, kitchen, dining room and cellar/store.

First floor
Six bedrooms and bathroom.

Attic floor
Large lounge/bedroom. Store area.

Exterior
Enclosed beer garden and car park.

THE BUSINESS

The Commercial Hotel has been family owned for 34 years,operated by our clients for the last 9 years who now wish to retire from the trade.

Income is predominantly from wet sales although the business also benefits from strong food sales with income averaging £2,000 per week.

The business is well supported locally with an established clientele. Sports events are shown and karaoke is held monthly.

The letting rooms are occupied by contractors and students from the nearby hospital, with the majority generally 4 week stays. Income in 2013 for accommodation was circa £30,000.

Our clients operate the business hands on with assistance from two part time members of staff. The business offers an ideal opportunity for a husband and wife team or similar to operate hands on.

Opening hours are currently as follows –

Monday – Thursday 11.00 am – 12 midnight
Friday & Saturday 11.00 am – 12.45 am
Sunday 12.30 am – 12 midnight

Financial documentation will be provided to interested parties after viewing and confirmation of interest.

Sales for the year ended 31 March 2013 were circa £210,000,net of VAT with excellent levels of gross and net profit achieved.
Tenure: Freehold

Location Details:

The subjects occupy a prominent position on Stirling Road, at its junctions with Denny Road and Main Street. The new Forth Valley Hospital lies a short distance to the North and, as a result, the road is particularly busy. Junction 2 of the M876 is also circa two miles to the North.

Larbert lies two and a half miles North West of Falkirk town centre and Stenhousemuir is directly to the East.

Listed by: D M HALL
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