Restaurants for sale in Moray

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Mr & Mrs Campbell (Jan 2015)
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Freehold Price: £490,000
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Business Description
DESCRIPTION
The Archiestown Hotel provides a most inviting business opportunity set within some of the most stunning scenery the Highlands has on offer. The property has a significant footprint within a lovely and central village setting. This Victorian Hotel dating circa 1880 has undoubted character and charm with its quintessential appeal and spectacular views. The resplendent main building is in walk-in condition presenting a highly desirable business and home proposition. This Victorian property boasts spacious rooms and has many attractive architectural features including fine cornicing, ceiling roses, high skirting boards etc. However, the property balances the allure of the period features with the need to meet modern hospitality expectations of discerning guests.

The income earning aspects of this most attractive proposition can be summarised as 9 excellent quality en-suite bedrooms with a charming bistro style restaurant set to 26 covers but which can accommodate up to 36. There is a small private dining room which comfortably seats 16 covers and is perfect for exclusive dining gatherings. The business offers versatile accommodation and service options to suit a wide range of clientele whether they are families, couples, individuals or groups. The business is well-deserving of its STB 3-Star (Gold Award) Small Hotel accreditation. In addition the Hotel is featured in the Michelin Guide 2016 and is recognised by VisitScotland’s ‘Taste Our Best’ certification scheme. The trading areas are amply supplemented with impressive guest lounges benefiting from comfortable and stylish furnishings, plus solid fuel fires. The wet sales are generated through the bar within the restaurant.

Many people regularly visit the Spey Valley and this ensures that the business benefits from a high percentage of repeat business. The present owner’s operate the Hotel on a year-round basis and it is the focal point of this small but very attractive village. The Archiestown Hotel is situated on the Malt Whisky Trail and also benefits from trade generated by the Speyside Way. The region has a large number of holiday homes, lodges, campsites and B&Bs which adds to the Hotels trading levels during the tourism season. In addition the many businesses in the area, including distilleries, generates some out-of-season business-to-business trade. Games sports and especially fishing generate a significant flow of customers to this stand-out property.

The business reflects the professionalism and sound application of the current proprietors where service and attention to detail are two key descriptors when summing up the character of this exceptional business. The kitchens offer an excellent range of traditional Highland and modern cuisine, specialising in locally sourced produce reflecting the exemplary standards required by the owners who are supported by motivated staff. New owners could easily maintain business levels at the Hotel. The sale of the Archiestown Hotel represents an exceptional opportunity for new owners to own a prestigious property and operate an impressive business which has a strong trading tradition and is set amidst some of the most stunning scenery in the UK.

Owned and operated by our clients since October 2004 the Archiestown Hotel has been developed into an excellent trading proposition both in terms of the qualitative standard of the infrastructure and the fine trading elements. Therefore they have now reluctantly brought the property onto the market to retire from the hospitality sector.

THE HOTEL
The Hotel dates from 1880 and is mainly of stone construction under a slate roof. The trading accommodation is set over three floors. The business reflects modern standards in keeping with its STB 3-Star (Gold) status. The property boasts comfortable guest facilities bringing together modern amenities without compromising the Hotel’s traditional ambience and charm. The public areas are most pleasantly furnished and attractively decorated, the splendid feel of the Hotel coupled with an inspiring location provides a high level of appeal.

PUBLIC AREAS
The Hotel’s main entrance is accessed from the car park to the Hotels square and leads via a vestibule into a spacious reception lounge which is set to soft furnishings with a period fireplace. From this lounge the reception corridor is accessed with a counter and office. A further most spacious lounge is off the reception corridor, also set to sumptuous soft furnishing with a solid fuel fire. Set to chesterfield style sofas, occasional tables with wood floors and rugs, this is a most elegant guest area. The expansive area has great charm and character reflective of the buildings Victorian origins displaying fine cornicing etc. Beyond the reception is the splendid private dining area that seats up to 16, a door leads to the well-presented ladies and gents washrooms. Directly from the private dining area access is gained to the main dining area set to around 26 seats but can accommodate up to 36 covers. This attractive bistro-style dining area has an endearing ambience and is superbly presented. An attractive feature is the wood-burning stove which provides an excellent focal point on winter nights. Its bar is attractively designed with wine cases as its façade. The bistro is set to quality free-standing tables and chairs and is entirely in keeping with the high quality cuisine prepared by the kitchen. From the reception area are stairs that lead to all bedrooms.

LETTING BEDROOMS
The 11 bedrooms are all set to en-suites and have generous proportions configured as follows:

Room 1 – Double en-suite with shower over bath
Room 2 – Twin / Double en-suite with shower over bath
Room 3 – Twin / Double en-suite with shower over bath
Room 4 – Double en-suite with shower over bath
Room 5 – Double en-suite with shower
Room 6 – Single en-suite with shower
Room 7 – Double en-suite with shower over bath
Room 8 – Double en-suite with shower over bath
Room 9 – Twin / Double en-suite with shower over bath
Room 10 – Double en-suite with shower over bath
Room 11 – Double en-suite with shower over bath

Each bedroom is individually decorated and has its own character. With double glazing and central heating, the rooms are well-appointed and equipped with TV, radio/alarm, tea/coffee making facilities, and hairdryer. Each room has a direct dial telephone and there is Wi-Fi throughout the public areas. 3 of the rooms have zip and link beds which provides a great deal of flexibility in customer provision. Bedrooms 10 and 11 are currently used by the owners for their private use but could easily be brought back into commercial use should new owners wish to live off-site.

SERVICE AREAS
The commercial kitchen is most spacious and well-equipped with a wide range of functional equipment. The kitchen has a sealed commercial floor and an extraction unit. Off the kitchen are ancillary rooms including a wine cellar, preparation room and laundry room. From the kitchen is a door that leads to a yard which facilitates ease of delivery of goods and services. There is an abundance of general and housekeeping storage cupboards plus a linen store on the first floor. The business also benefits from a spacious office unit plus a separate reception office.

GROUNDS
The Archiestown Hotel is set with ample car parking and has an attractive enclosed garden to its rear. During the summer months the Hotel has seating to the village square which proves very popular with locals and visitors alike. There is a utility yard for deliveries etc.

SERVICES
The business benefits from mains electricity, water and drainage. LPG gas for cooking. The subjects are mainly double glazed. The property is fully fire compliant and benefits from an internal CCTV system.

TRADE
Archiestown Hotel is a successful business trading profitably from year-round trading. Full accounting information will be made available to seriously interested parties subsequent to viewing.

LICENSES
The business operates a license under the Licensing Scotland Act 2005 and a copy of this will be made available to interested parties post viewing.
Tenure: Freehold

Number of bedrooms: 2

Accommodation Details:

The current owners utilise rooms 10 and 11 on the second floor for owner’s accommodation, these rooms each have an en-suite facility. There is a 2-bedroom steading development adjacent to the Hotel which is also available should new owners wish to live out with the Hotel. This is available by separate negotiation.

Location Details:

Archiestown is a vibrant village with a very active community plus a range of facilities, including a Post Office serving its circa 180 inhabitants. There is a primary school at Knockando 3 miles away and a secondary school at Aberlour 6 miles away. Aberlour boasts a comprehensive range of amenities, including a supermarket, banks, shops, swimming pool, leisure facilities, library, doctor's surgery and cottage hospital.

The River Spey is world famous for its salmon fishing. Archiestown is located on the Malt Whisky Trail with famous distilleries such as Macallan, Cardhu and Knockando, all within a few miles of the property. There are numerous golf courses in the local area and the Cairngorm Mountains are within easy reach for hill walking and skiing enthusiasts. Locally the area has excellent pathway networks for walking, mountain biking and horse riding linking the Speyside Way long distance path with the Forestry Commission woods. The airports of Inverness and Aberdeen are within easy travelling distance. All this combines to make the area very popular with visitors.

Downloadable Documents

Listed by: ASG Commercial
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Archiestown
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