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Popular Hotel in Cuminestown Aberdeenshire

Price:
Freehold - £410,000
Turnover:
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Seller Ref:
2709
Location:

Scotland, Aberdeenshire, Cuminestown

Business Type:

Food Service Businesses, Hotels, Pubs

See Other:
Restaurants for sale in Scotland
Bars for sale in Scotland
Hotels and motels for sale in Scotland
Food service businesses for sale in Scotland
Pubs for sale in Scotland
Hotels for sale in Scotland
Description:
THE BUSINESS:
Preferred Commercial is delighted to offer for sale this popular hotel, which was established in 1900 and which has been in our clients' careful hands since 2009. The hotel is only now offered to the market due to our clients' wish to emigrate. The business trades all year round and generates a turnover in the region of £230,000 per annum with a gross profit of 65%. The Commercial Hotel is a traditional hotel with a bar, full restaurant services and function suite used for weddings, live music and other events. We feel the turnover could be further increased by expanding the range of food available and perhaps embarking on a modest advertising campaign. The business is renowned for providing a high quality service and accommodation and won the 'Best Bar None' gold award in 2010. The Commercial Hotel is the only pub in the village and for 6 miles around, and enjoys much repeat trade from the local community. It also hosts biker clubs, pensioner meetings and has its own darts team. There is a website in place advertising services and accommodation provided, which we feel would benefit from online booking facilities. The premises are well-equipped to suit the trade with a large bar area, spacious lounge and commercial kitchen. There are also 5-letting rooms, which have been fitted and finished to a high standard throughout. This is an ideal opportunity to acquire an already popular hotel with huge scope for future growth. Early negotiations with Preferred Commercial must come highly recommended.
Location Details:
The Commercial Hotel occupies substantial detached premises, ideally located in the rural village of Cuminestown, Aberdeenshire. The premises benefit from ample private parking and boast picturesque views of the surrounding countryside. There is a variety of complementary shops and businesses in the town and there are numerous bus stops within easy walking distance. The town is popular with tourists due to its rural location in North West Scotland. The business boasts easy access to the A-road network including the A98 and the A947. Turriff lies approximately 6 miles away, while Peterhead is approximately 21 miles to the east.
Trading Hours:
Mon-Thurs:11am-3pm and 5pm-11pm Fri-Sat:11am-12:30pm Sun:11am-11pm
Accommodation:
Substantial detached 2-storey hotel premises with extensive parking facilities. Briefly comprising: Ground Floor • Bar area with tables and chairs for up to 80 covers • Lounge with tables and chairs for up to 120 covers, pool table and juke box • Bar serving bar area and lounge area with electronic cash register and drinks chiller • Commercial kitchen with 3 x refrigerators, 2 x 6-burner ovens, 2 x microwave ovens, Bain Marie, plate warmer, 3 x chest freezers, storage worktops and sink • Restaurant with tables and chairs for up to 40 covers • Reception area lounge • Large function room with tables and chairs for up to 250 covers • Meeting room with tables and chairs for up to 100 • Bar serving function room and meeting room with electronic cash register and drinks chiller • Cloak room First Floor • Room 1: double bedroom • Room 2: family bedroom • Room 3: family bedroom • Room 4: double bedroom • Room 5: twin bedroom • Bathroom, used by all letting rooms • Office
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