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Spean Bridge Hotel and Chalets
Price:
Freehold - £595,000
Location:
Scotland, Highland, Spean Bridge
Business Type:
Commercial Property, Food Service Businesses, Hotels
Spean Bridge Hotel is a substantial property dating from 1897. The Hotel successfully operates over a number of business streams comprising of letting rooms, restaurant facilities, a separate bar (The Commando Bar), a Fish and Chip Shop takeaway facility, holiday chalets and bunkhouse facilities. It is these disparate services that make this opportunity quite unique and provides for a depth of trade to meet a varied client base. This considerable business operation is located within the heart of the village of Spean Bridge amidst the Great Glen. Situated 10 miles north of Fort William and on the main A82 which leads to Inverness, it is sublimely situated to take advantage of pre-booked trade undertaking an odyssey in the West and Central Highlands and passing trade transiting between varied regions including Skye, Inverness, Cairngorms, Mull and Glencoe: all of which are within easy driving distance.
The Hotel provides a good level of accommodation and has a good reputation for its food service. Though the facilities are pitched at the 2-star level, the proprietors ensure that the level of service is of an excellent standard. The Spean Bridge is well known for its friendly and attentive service. The present proprietors accept that there is scope for younger and experienced operators to upgrade both the facilities on offer and the service provision to attract new business, thereby complementing the high levels of trade currently being experienced. A significant proportion of the accommodation trade is repeat business or is obtained through on-line booking agencies. The food aspects of the business benefit from the high number of bed and breakfast and self-catering units within the immediate vicinity of the village. Moreover, in the summer lunchtimes can be busy with passing trade; both from tourists and business travellers. The Spean Bridge Hotel is renowned for its association with commando training during the Second World War and the Commando Memorial just north of the village. The Hotel is a focal point for groups to meet up, with its ‘Commando Museum’ being a significant point of interest. Indeed, the Spean Bridge Hotel hosts a Remembrance Sunday function and the Commando re-enactment society gatherings each year.
The Hotel also draws its trade from the broad range of tourists who visit the area for a wide variety of pastimes and activities. The region has a long tradition of game fishing and field sports on the many estates, lochs and rivers within the area. The area is also renowned for its outdoor mountaineering activities including walking and climbing in the summer months with skiing and ice-climbing being popular in the winter months. For walkers the range of terrain provides a great variety in the level of challenge from non-technical hill-walking to more strenuous mountaineering. There are a great many ‘Munros’ located within a day’s drive with the Cullins on Skye to the West, the Cairngorms to the East, the Nevis Range and Glencoe to the South. There is also an abundance of water sports activities within a short drive, be these loch based or on the west coast. The Great Glen is also an ever-popular destination for those wishing to undertake a more relaxing holiday, taking advantage of the accessibility of some of the most inspiring countryside in the Europe. Furthermore, the area is geared towards tourism with an abundance of recreational activities including castles, historical sites, distilleries, golf, pony trekking, touring and genealogy. The village itself has a number of facilities including visitor attractions, shops and restaurants adjacent to the Hotel.
This area is famous for spectacular scenery and unspoilt mountainous landscape, a reputation which is epitomized by Ben Nevis, Scotland’s highest mountain, only 10 miles away. The breathtaking beauty of the Great Glen plus outstanding forests and nature trails combined to make the area most popular with those seeking an inspirational holiday. The area has an abundance of wildlife, attracting ornithologists and naturalists with red deer, fox, pine marten, badger, otter and many more species locally.
The vendors purchased Spean Bridge Hotel in July 2002 and during that time have invested considerable capital into the business improving facilities and infrastructure. Their efforts have been rewarded with an excellent income and sense of achievement. A decision to retire and relocate closer to extended family members brings this thriving business venture to the market.
THE PROPERTY
Spean Bridge Hotel is an extensive property with a large footprint. The subjects comprise of the original coaching inn which has had significant extensions, an accommodation annex and the provision of lodge units to the rear of the property.
PUBLIC AREAS
Entry to the building is usually through double doors which are accessed from the front of the property and lead into a spacious foyer, which is fully glazed and provides adequate space for the storage of group luggage. Through a further set of double doors guests enter into the main reception area which is set to soft furnishings and is attractively presented. Immediately to the right is a spacious and well-appointed reception office. To the left of the reception area is a guest lounge which is a restful room with double aspect windows and has soft furnishings. Progressing through the reception is the main dining area which is comfortably set to 40 covers and has an independent bar facility. To the rear of the dining room but configured to an open plan setting is the function area which can be utilised for over-flow dining; in total the Hotel can provide seating for in excess of 120 diners. Just off the reception area are customer bathroom facilities and along a short corridor is the Commando Bar; which has an independent access from the side of the building. The Hotel is unique in that it boasts an Exhibition Area which pays tribute to the Commandos of the Second World War. The Fish and Chip (takeaway) Shop is self-contained with its own access and servery point. In addition, it has its own external seating area which proves most popular in the summer months with walkers and passing trade.
ACCOMMODATION UNITS
The Spean Bridge Hotel has a wide range of accommodation services. Within the main building there are 8 rooms on the first floor and 5 rooms on the ground floor; of these rooms, 1 has use of a separate bathroom and the remainder have en-suite facilities. The Annex contains 7 letting rooms on the first floor and a further 3 on the ground floor; all these rooms have en-suite facilities barring two rooms on the first floor which have use of a shared bathroom. All rooms are pleasantly decorated and have hospitality trays and TVs plus additional facilities are available at reception. The Hotel also benefits from 10 chalets/bunkhouse units which are maintained to a good standard and are comfortably appointed. All units have their own shower facilities.
SERVICE AREAS
The Hotel is well appointed and has an excellent range of support facilities. By the reception there is a spacious office. The excellently maintained and ergonomically designed kitchen is perfectly set up to meet the high demand functions that the business deals with. It has a spacious work area and a separate wash up area and excellent storage facilities. There are a number of ancillary rooms that are presently used for storage. There are staff WC facilities. There is an area to the rear of the function room which is presently unused except for storage; this space could easily be brought into use as a coffee shop or other practical purpose. The Hotel also has a laundry and additional store rooms. The cellar to the rear of the Commando Bar also supports the restaurant bar facility.
OWNERS ACCOMMODATION
The present owners occupy the ground floor flat in the Annex which provides a living room, a kitchen, a family bathroom and two bedrooms. In addition, they also utilise a Chalet in the grounds. Staff accommodation is situated on the second floor and comprises of a kitchen, a living room and a bedroom.
GROUNDS
The Hotel covers a large area and has ample parking to meet its needs. The car park to the rear is tarmac and the areas leading to the Chalets are laid with gravel. Within the grounds there is the capacity to develop the site further subject to planning consents. There is an outdoor seated area to the left hand side of the building and there is potential to have a further seated area to the right hand side of the premises, adjacent to the Commando Bar.
DEVELOPMENT POTENTIAL
Within the grounds there is sufficient space to allow for the development of the business further either with the provision of additional accommodation units or through the addition of new customer facilities. In addition, there is potential to develop the rear of the site into residential accommodation units. Such developments would need appropriate planning approval.
SERVICES
The subjects benefit from mains electricity, water and drainage. LPG gas is used. The Hotel has an integral fire alarm system and security cameras are in place.
TRADE
Turnover for the business currently sits at circa £420,000 with an adjusted net profit of £105,000. Full accounting information will be made available to interested parties post viewing.
WEBSITE
www.speanbridgehotel.co.uk
PRICE
Offers over £595,000 are invited for the heritable property complete with goodwill and trade contents (according to inventory).
DIRECTIONS
Spean Bridge Hotel is located in the village of Spean Bridge directly on to the A82, 10 miles north of Fort William and southwest of Inverness (60 miles. Situated 10 miles north of Fort William and on the main A82 which leads to Inverness, it is sublimely situated to take advantage of pre-booked trade undertaking an odyssey in the West and Central Highlands and passing trade transiting between varied regions including Skye, Inverness, Cairngorms, Mull and Glencoe: all of which are within easy driving distance.
OWNERS ACCOMMODATION
The present owners occupy the ground floor flat in the Annex which provides a living room, a kitchen, a family bathroom and two bedrooms. In addition, they also utilise a Chalet in the grounds. Staff accommodation is situated on the second floor and comprises of a kitchen, a living room and a bedroom.
North Yorkshire
£ 750,000
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