Restaurants for sale in Oban

View the "8 Bedroom Town Centre Hotel with Restaurant and Bar for Lease - Oban" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 


I can honestly say I was overwhelmed by the amount of interest and enquires this generated. Very easy to advertise your business with great results!

Jo White (April 2016)
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Freehold Price: £320000.00 Leasehold Price: £35000
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Business Description
8 Bedroom Town Centre Hotel
Recently refurbished to a high standard
Woody Lounge Bar
Boathouse Restaurant
Large Beer Garden

The Rockport Hotel was acquired by the current owner at the start of 2015. Following an extensive refit and refurbishment the business reopened in July 2015. The Hotel has 8 very well presented letting rooms, The Boathouse restaurant with over 40 covers, a large beer garden and Woody's bar. There is an owner's/managers bedroom, and a brand new laundry room. The Hotel is presented excellent throughout and is genuinely in walk-in condition.

The business is grown significantly in all areas since the reopening in July. The bar is very well supported and restaurant and room sales are starting to grow. There is real scope to increase sales from all departments.

Premium offers are sought for a new 10 year full repairing and insuring lease is offered for an initial annual rent of £25,000 per annum, increasing to £35,000 over the first three years. The lease will be free of tie.

Offers in the region of £320,000 for the freehold (Scottish equivalent) will be considered.

A copy of the EPC will be provided to seriously interested parties.
Tenure: Freehold, Leasehold

Location Details:

The Rockport Hotel is located close to the town centre of Oban, within a short walk of the harbour area. Oban is a busy tourist town and is the self proclaimed “Seafood Capital of Scotland” with several award winning seafood restaurants. The town is the largest between Glasgow and Inverness and is the busiest ferry port with ferries running to many of the western isles. The town has a railway station with daily trains to Glasgow. There is a resident population of 8,574 which rises to as much as 25,000 during the summer months.

Glasgow is some 98 miles to the south, Fort William is some 44 miles to the north and Inverness some 108 miles to the north.

Leasehold Term:

A new 10 year lease is offered to the market for an initial rent of £25,000 per annum

Listed by: Seymour & Co
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