Hotels and Motels for sale in Keith

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Hotels - Moray

Keith, Banffshire, Scotland

  • Freehold Price: £600,000  Price Reduced arrow_drop_down
  • Annual Turnover: £1
Seller Reference: BC47195
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Business Description
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Seller Reference: BC47195
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Business Description
• Substantial hotel with 10 en-suite letting rooms, Restaurant & Lounge Bar 40 covers, breakfast area 25 covers.
• Function Suite with 122 covers & Public Bar with 4 large booths, Flat Screen TV, Pool Table, Dj Booth and 170 capacity.
• Owners’ accommodation, Two bedroom with Ensuite and family bathroom, large living space.
• Call 01772775782 for more details & Viewing requests

Ugie House Hotel and function venue is a substantial well located close to the Cairngorms National Park and Speyside Whiskey Trail. Freehold Ref47195

Ugie House Hotel is a substantial property that has traded as a hotel for several years, the current vendors have owned and operated the business since 2010 purchasing the freehold property in 2016. The property has now been placed on the market due to the current proprietor’s impending wish to retire from the tourist trade.

Keith is at the start of Scotland's Malt Whisky Trail, and has three distilleries: Strathmill, Glenkeith and Strathisla distillery, one of the oldest in the Highlands and since 1950 headquarters of Chivas Brothers, producers of Chivas Regal. Within the town’s immediate environs there may also be found Auchroisk, Aultmore and Glentauchers. The Keith and Dufftown Railway is an 11-mile heritage railway running to Dufftown.

Two annual events attract tourists to Keith. The first of these, the TMSA Keith Festival, falls on the second weekend of June and celebrates the traditional (and not so traditional) music of the area, providing entertainment in the form of concerts, ceilidhs, competitions and sessions. On the second weekend of August the town hosts the Keith Country Show. The show was founded in 1872 and every year promises days of prize-winning livestock and family fun.

Summary. A superb, rarely available lifestyle change opportunity to purchase a well-established family run business which offers all year-round trade and excellent profits along with genuine growth potential for any new owner.

A viewing is highly recommended to fully appreciate the property, location and business opportunity in general.
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