Hotels and Motels for sale in Newton Stewart

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Hotels - Dumfries & Galloway

Newton Stewart, Dumfries and Galloway, Scotland

  • Leasehold Price: £199,950
  • Annual Turnover: £170,000
Seller Reference: BC47799
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Business Description
 
 
 
 
 
 
 
 
 
 
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Seller Reference: BC47799
Request Details
Business Description
• 10 ensuite bedroom Hotel with Bar & Restaurant. Plus a detached stone built 5 bedroom, 3 reception room owner’s property.
• Public and Private Bars, Beer Garden and Outbuildings, Dining Room, Café and potential Function Room
• The Wicker Man cult venue
• Future Chanel 4 ‘4 in a bed’ venue

This unique Leasehold opportunity of an 10 bedroom hotel /café and a 5 bed room detached owners accommodation within a 1 minute walking distance. Leasehold Ref 47799

The Ellangowan Hotel was a former coaching inn and dates back to 1898. Creetown is just off the A75, 1.5 hours from M6/M76 and an hour from Stranraer ferry terminal. The restaurant / café has 37 covers. A fully licenced public and private bar for up to 50. A beer garden with timber tables and parking for guests at the side.

This hotel is in need of some upgrading but all 10 rooms have en suites. In first year owner has increased turnover from £130 to £180k pa. There is a lot of scope to increase substantially in the future.

The bar was used in the 1973 cult British Classic Film, ‘The Wicker Man’, starring Christopher Lee and Brit Eckland is really an exciting opportunity for the new owners. Chanel 4 ‘4 in a bed’ want to use the hotel as a venue, which can be linked to a future marketing and social media campaign.

The owner’s accommodation is across the market square in a detached stone built house with 5 double bed rooms, 3 reception rooms and large garden ideal for a family home.

This is a life style opportunity in the historical village of Creetown for the new owners to manage a great 10 bedroom hotel while living within the village in a stunning 5 bedroom house.

Summary. Bruce and Co are delighted to offer this great opportunity to market the Ellangowan Hotel with a substantial owners accommodation, and expect high response therefore recommend an early viewing.
Tenure:
Leasehold
Is accommodation included?:
Yes
Listed by:
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