Hotels and Motels for sale in Castle Douglas

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Hotels - Dumfries & Galloway

Castle Douglas, Dumfries and Galloway, Scotland

  • Freehold Price: £679,950
  • Annual Turnover: £461,792
Seller Reference: BC48255
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Seller Reference: BC48255
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Business Description
• Located in the town centre of Castle Douglas
• 10 letting rooms, range of bar and restaurant areas.
• Turnover for year end March 2019 of £461,792
• Separate 3 bedroom owner’s accommodation, with additional 2 bedroom Flat attached currently used as airbnb.

Profitable historic building and former coaching inn, The Kings Arms Hotel, is in a prime location in the town centre of Castle Douglas in a central location. Turnover for year end March 2019 of £461,792 with potential to increase. 3 Bedroom owners accommodation. Freehold Ref 48255

Family-run hotel located in the busy town centre of Castle Douglas, on the A75 Euro route, linking the M6 /M74 at Gretna
Green, this 200-year-old former coaching inn makes the perfect base for golfing, tourist holidays and walking.

The King's Arms Hotel is a thriving, established hotel offering 10 modern, fully furnished letting rooms with ensuite facilities and one with a private bathroom. It has a restaurant with 50 covers and a bar area that can seat a further 40 covers. Further benefits include a courtyard beer garden, ancient magnolia vine, ornamental flower boxes and statues to the rear, with a private car park for up to 20 cars.

The King's Arms Hotel attracts diverse clientele, including golfing groups who return year after year, walkers, cyclists, motorbikers and sightseers. This business is well supported by the local community, hosting weekly Rotary Club, Young Farmers' Association, Burns suppers, funerals, and various other family occasions.

The owner’s accommodation is an impressive, large 3 bedroom flat within the hotel on a separate wing. It is easily accessible with its own private rear entrance. This could be rented out separately for clients or staff. Also included with this sale is another 2 bedroom flat comprising of lounge, fitted kitchen and family bathroom, currently being used as a self – catering or airbnb. Both sets of accommodations have been decorated to a high standard throughout.

Summary. Bruce & Co are delighted to bring to market this historical hotel in a fabulous location in the town centre of Castle Douglas, we are expecting this property with all the extra owners accommodation to be of great interest and highly recommend early viewings to avoid disappointment.
Tenure:
Freehold
Is accommodation included?:
Yes
Listed by:
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