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7-Bedroom Family Run Hotel in Dunoon Argyll

Price:
Freehold - £364,950
Turnover:
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Seller Ref:
2811
Location:

Scotland, Argyll, Dunoon

Business Type:

Food Service Businesses, Hotels

See Other:
Restaurants for sale in Scotland
Hotels and motels for sale in Scotland
Bed & breakfasts for sale in Scotland
Food service businesses for sale in Scotland
Hotels for sale in Scotland
Description:
THE BUSINESS:
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.
Location Details:
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.
Trading Hours:
All year round at a restricted pace
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 • Kitchen with work surfaces, fridge-freezer, freezer, dishwasher, 6-burner gas hob and washing machine • Owners' accommodation with lounge, double bedroom, 2 x single bedrooms, bathroom with bath, shower • Skye: double bedroom with en-suite shower First Floor • Aaron: double/twin bedroom with en-suite shower, • Little Cumbrae: single bedroom with private bathroom • Bathroom with WC, wash hand basin and bath serving Little Cumbrae • Mull: double bedroom with en-suite • Residents lounge with leather sofas Second Floor • Bute: double bedroom with en-suite shower • Great Cumbrae: family bedroom with en-suite shower • Jura: family bedroom with en-suite shower External • Private enclosed gardens to rear • 2 x outbuildings, previously used as basic bunk
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