The Mormond Inn, Strichen by Fraserburgh
Price:
Freehold - £280,000
Location:
Scotland, Aberdeenshire, Strichen by Fraserburgh
Business Type:
Commercial Property, Hotels
The Mormond Inn is an attractive and substantial property situated within the village of Strichen on the A981; the Inn has an excellent trading location on the junction of Water Street and Bridge Street. The village’s name stems from Lord Strichen and there are presently about 2,000 people who live in its environs. The Inn derives its name from Mormond Hill and was originally a ‘Drovers’ Inn, dating back to around 1766. Constructed in stone with a pitched and slated roof, the Inn has a prominent position on the banks of River Ugie which runs through the village and is well known for its salmon and trout fishing during the season. The Inn maintains fishing rights on the river over a distance of approximately 2 miles. During the tenure of the current owner the building and services have been greatly improved upon and is now presented in good order throughout. The subjects have an extensive grounds leading to the river and which provides an excellent area for families to enjoy the warm spring and summer evenings.
The village has a number of facilities and shops but Fraserburgh is only 8 miles away with a full range of amenities. The area has a strong tradition of agriculture and fishing, with the North Sea providing an element of employment for the local community in the oil industry. The area is abounding with history and heritage. The Strichen White Horse is constructed of quartz on Mormond Hill and is a popular visitor attraction. Deer Abbey was a Cistercian monastery and was founded by 1219 close to the village. Further afield the Museum of Scottish Lighthouses and Fraserburgh Heritage Centre draw in a number of visitors to the area. Other attractions such as golf, castles and historic sites make the area appealing to those spending their holidays in the region.
The business has traditionally traded mainly on wet sales with a loyal customer base from within the village and beyond. During the summer season trade benefits from the influx of tourists and visitors to the area. The Inn has the potential to provide a good level of catering but the present owners have through choice decided not to pursue this income stream. The bar draws in trade through the provision of good facilities including a pool table and darts board. In addition, the Mormond Inn is a known a popular venue for live music nights and discos. There is only one bar within the business which provides a cost effective operation. The Bar is separated into two distinct sections with a semi-circular counter serving both public areas. The rear of the Inn is a suntrap and the balcony area, which can comfortably seat 30 and is very popular with locals and visitors alike. The business has a growing turnover but the vendors accept that there is much greater potential than is presently being realised. New owners would have the ability to let some of the accommodation and to develop the catering aspects of the business.
Though the present owners only purchased the business in April 2010, they have invested heavily in the upgrading of services and infrastructure. It is a change of family circumstances that bring this very good business with excellent potential prematurely to the market.
THE PROPERTY
Dating from 1766 the main part of the Inn is of traditional construction and stands in its own grounds affording views to the River Ugie. The subjects comprise of a number of more recent extensions with some flat roofing. The property is laid over three floors and the grounds extend to approximately 1 acre.
PUBLIC AREAS
The public entrance is directly to the front of the building from the main street through a hardwood glazed door leading into a hallway. To the right is the entrance to the main bar trading area. The bar is split into two distinct areas; a games space and a seated area. The first area has a pool table and darts lane and is presented to a high standard. The seated area is set with free-standing chairs and tables and has a carpeted area which can be moved for music nights. The attractive wooden bar sits to the centre of the room with a good vantage to monitor events. The bar is presented in good decorative order with wood panelling and some exposed stonework plus a good quality wooden floor. To the rear of the building is a balcony which is accessed from the bar through double doors and is set to free-standing patio style furniture to seat 30 and affords outstanding views along the river and over to the bridge.
To the left of the main hall is the brightly illuminated restaurant which can comfortably accommodate eight tables seating up to 32 guests. The restaurant has a feature fireplace and offers delightful views across to the rear of the subjects. The restaurant is serviced by both male and female WCs just off the main reception hallway and there are separate facilities within the bar.
LETTING BEDROOMS
The Inn has 2 letting bedrooms en-suite facilities. Bedrooms are comfortable, attractively furnished and are presently being used by family members.
PRIVATE ACCOMMODATION
At present the owner’s accommodation is a one-bedroom basement self-contained flat with a private bathroom, double bedroom and lounge. In addition owners make use of the large lounge on the mezzanine floor off the kitchen hallway which boasts a large log fire. This commodious room also doubles as an office space. The vendors currently use the two letting bedrooms for family use.
SERVICE AREAS
The Inn has an excellent kitchen and wash-up area which is well-equipped and in good order. The laundry area is within an adjoining area of the kitchen. There are adequate fridges and freezers to enable a good level of food service; these are situated in a separate room adjacent to the kitchen. There is a dry goods store and adequate other storage areas. To the rear of the kitchen is a small porch which acts as a delivery point for kitchen goods. To the rear of the property are a number of utility and storage rooms, including a cellar.
GROUNDS
The Inn is a substantial property and has a large open area with a number of building footprints. The subjects have sufficient grounds to indicate that there is some development potential either for additional letting accommodation or dwellings subject to the necessary consents. There is car parking for approximately 12 cars to the front and rear of the property.
SERVICES
The Inn benefits from mains electricity, drainage and water. Oil fired boiler provides hot water /central heating, with LPG gas for cooking.
LICENCES
The business has a Licence in accordance with the Licensing Scotland Act 2005. A copy of the operating plan will be made available to interested parties.
TRADE
Trading figures will be made available subsequent to viewings.
PRICE
Offers over £280,000 are invited for the heritable property complete with goodwill and trade contents (according to inventory), excluding personal items. Stock at valuation.
DIRECTIONS
Fraserburgh 8 miles, Peterhead 15 miles and Aberdeen 35 miles.
The Mormond Inn is an attractive and substantial property situated within the village of Strichen on the A981; the Inn has an excellent trading location on the junction of Water Street and Bridge Street.
PRIVATE ACCOMMODATION
At present the owner’s accommodation is a one-bedroom basement self-contained flat with a private bathroom, double bedroom and lounge. In addition owners make use of the large lounge on the mezzanine floor off the kitchen hallway which boasts a large log fire. This commodious room also doubles as an office space. The vendors currently use the two letting bedrooms for family use.
North Yorkshire
£ 750,000
|
|
Business Services that may be of Interest:
|
|
|