Hotels and Motels for sale in Golspie

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Excellent Hotel / Development Opportunity on the North Coast 500 Route

Golspie, Highland, Scotland

  • Freehold Price: £175,000
Seller Reference: Caberfeidh Hotel
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Business Description
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Seller Reference: Caberfeidh Hotel
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Business Description

  • Substantial and traditional small Highland hotel set in the ever-popular village of Golspie on the North Coast 500 tourist route, offering a regeneration or development opportunity.

  • Excellent presence and prominent frontage on main A9, with seaward views onto a golden sandy beach overlooking the Dornoch Firth from rear of property.

  • Presently non-trading, the sale offers an affordable proposition for someone to resurrect the business or to undertake a development project, subject to consents.

  • Accommodation includes 6 letting rooms (2 en-suite), large function room and lounge bar plus 1-bedroom owners' flat.

  • Beer garden to rear with lawn area leading on to the promenade.

The Caberfeidh Hotel is a striking property centrally situated in the Highland coastal village of Golspie. The property, which is over a hundred years old, has had a longstanding presence in the Main Street of Golspie which forms part of the A9 linking Inverness with Thurso and Wick. This arterial road is also part of the popular North Coast 500 tourist route.

This non-trading, seaside property is both substantial and impressive, with its rear aspects overlooking the Dornoch Firth, which attracts a huge footfall of people walking the promenade. Internally there is a spacious bar and dining area, plus an attractive owners flat and 6 letting bedrooms, 2 of which are en-suite. It would be possible, subject to consents to convert the remaining four bedrooms which currently share a bathroom into 2/3 further en-suite rooms. There is a large function room to the rear of the property which is a popular venue in the village due to its size. This area has a wooden floor and a further bar which can accommodate around 190 for a function or 100 for a formal function. Patio doors open from the function room on to a large area of decking and garden area which overlooks the beach and sea. .There is no doubt a beer garden serving meals would generate trade.

The owner's accommodation comprises of a lounge, bedroom and a stunning modern bathroom with large Jacuzzi bath and waterfall shower. The loft area is fully floored and partitioned and could easily be used, again subject to consented alterations, as owner's accommodation should new owners wish to include the existing accommodation with the hotels letting rooms.

The hotel's turnover was mainly generated from wet sales with further income from the letting bedrooms. The business was open year-round with a solid local trade and tourists who visited the area in the main season (April to October). The Premises licence has now lapsed and new owners should they decide to resurrect the hotel will need to apply to the licensing board. The area attracts a wide range of trade, from those visiting nearby Dunrobin Castle to golfers, fishermen, walkers, mountain bikers, ornithologists and many more. The sale of The Caberfeidh offers opportunities for new owners to provide a catering service which the previous operators refrained from doing such. The hotel was until recently leased out for a significant number of years as the owner of the property was pursuing other interests. Now that the tenant has left the property, the owner wishes to sell the freehold interest. No trading accounts are available to support this sale.

Golspie is a popular Sutherland village located on the busy A9 trunk road which links Inverness with Thurso and the Orkney Ferry. The village has award-winning beaches and is located on the shores of the Moray Firth beneath the shadow of Ben Bhraggie Mountain. Golspie also has an excellent 18-hole links golf course and is in easy reach of the famous courses at Brora and Royal Dornoch. These attributes combine with the natural scenic beauty of Sutherland to make it highly popular with a wide range of visitors. The village has a wide range of shops and amenities, with schooling and medical facilities. This region of Sutherland is a most attractive residential area with a vibrant community spirit.

Of traditional stone construction under slate roofing, the property dates from around the 1900s. This sale has been priced to reflect the developmental aspects and condition of this business. Set over two floors, the attic may offer some development potential subject to consents. The main hotel entrance leads directly into a reception hallway. To the right is the bar complete with attractive hardwood floor, spacious servery and area for gaming options of pool or darts. To the rear of the reception area is the impressively large function room. As with the rest of the building, the function room benefits from central heating, has a purpose-built wooden floor and its own dedicated bar servery. Especially large windows offer excellent natural light in the function room which also provides direct access to the beer garden to the rear of the hotel. This is of great benefit, offering additional space for function parties, outside dining opportunities and an unrestricted area for smokers. There are customer restrooms just off the reception hallway. Stairs off the reception hall lead up to the guest bedrooms.

All the letting accommodation is located on the first floor. The hotel currently has 2 en-suite letting bedrooms to sleep 5 guests (1 double and 1 triple room). There are four further bedrooms, 2 singles and 2 twins which share a bathroom but there may be scope to convert these rooms to further en-suite bedrooms subject to building warrants.

Also located on the first floor is the spacious owner's accommodation in the form of a 1-bedroom flat comprising a lounge, large bathroom and small walk in wardrobe/dressing room. An attractive feature of this flat is the modern and large bathroom with a double sized Jacuzzi bath and waterfall shower.

The hotel has a commercial kitchen which is well-appointed with adjacent washing-up space, service area and dry goods store. Entry to the kitchen is from the bar via a staff and office area. The kitchen offers access to the rear of the building. There is a large cellar and ample storage. The hotel is being sold non-trading, as a development project, without warranties, certification or licence.

To the rear of the property is a beer garden and lawn area which leads on to the promenade, providing direct access to the beach. There is no private parking with the hotel but Golspie has excellent public parking facilities and there is a free car park across the street from the business.

The building offers a range of flexible options. The unit could be developed into a purely bed and breakfast establishment or could be reconfigured into flats for residential or holiday accommodation. Any changes of use, for example to residential accommodation, would require consents from the local planning officer.

The property benefits from mains electricity, water and drainage plus has gas-fired central heating which is fuelled from a propane gas tank located within the grounds.
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