Hotels and Motels for sale in Tarbert

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Outstanding, well established harbour facing hotel and restaurant in Tarbert, Argyll

Tarbert, Argyll and Bute, Scotland

  • Freehold Price: £425,000  Price Reduced arrow_drop_down
  • Annual Turnover: £500,000
Seller Reference: Anchor
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Seller Reference: Anchor
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Business Description
ANCHOR HOTEL AND RESTAURANT
Harbour Street, Tarbert, Argyll, PA29 6UB

• Established 3-star hotel facing the marina
• Presented to a high standard throughout
• Little or no CAPEX required
• 12 letting rooms, restaurant/bar & function/dining area
• Idyllic setting within popular tourist location
• Currently run under management
• Ideal for a chef, group owner or family operation

SITUATION
The Anchor Hotel commands an excellent trading location, sitting directly overlooking the marina within the pleasant fishing village of Tarbert, Loch Fyne, Argyll. Located on the picturesque West Coast, Tarbert is regarded as the gateway to the beautiful peninsula of Kintyre.
Tarbert has a wide range of amenities including Primary and Secondary education, medical centre, dentist, local supermarket, pubs and hotels and is the last stop before the Islay Ferry service at Kennacraig, which makes it very popular with overnight visitors before their visit to the “Whisky Isle”.
The surrounding area is ideal for the outdoor enthusiast. There are walks available within the village of Tarbert and beyond with opportunities for cycling, sailing, golf, fishing, bird watching, shooting and diving to name just a few. Other ferry service departs daily from Tarbert to Portavadie via CalMac. Which has opened up a whole new stream of tourist and business customers to tarbert and the kintyre pennisulla since its arrival.
Throughout the year Tarbert hosts a variety of music, food and boating festivals/events, with the most famous being the seafood festival and the Scottish Sailing Series, which is Scotland’s biggest sail racing event. For visitors it is the ideal base from which to explore the beautiful islands of the Inner Hebrides as well as the Kintyre and Mid Argyll areas. Campbeltown Airport is c. 45 mins and Glasgow International Airport is c. 2 hours drive. Tarbert is served well by City Link bus route to/from Glasgow/ Campbeltown as well as other local bus routes to surrounding areas.

INTERNAL DETAILS
Access to the hotel is given directly from Harbour Street, leading into a welcoming entrance foyer and reception desk straight ahead. The staircase to upper floors/ bedrooms is to the left-hand side and a corridor leading to the male/female toilets and function/dining room is to the rear. The bar and restaurant can also be accessed from the foyer, to the right-hand side.

BAR & SEABED RESTAURANT: Offered on a split-level basis with the bar area to the front commanding outstanding views of the harbour, both areas are presented to a very high standard. Renowned for its culinary delights the Anchor Hotel has previously been listed in the Michelin Guide and has built up an excellent name not just locally but in the surrounding areas. The restaurant and bar offer an outstanding dining experience with a pleasing home from home atmosphere within a very relaxed environment incorporating modern décor with wonderful displays of art on the walls. Offering an a la carte menu as well as seasonal and seafood menus and children’s menu, ensure that the Seabed restaurant has something to offer all taste buds.

DINING & FUNCTION ROOM: Located to the rear of the restaurant and fitted out to the same exacting standard, this room can be opened to incorporate the restaurant and bar area, which makes it ideal for larger functions/weddings, via folding walls.
Also set over a split level the room, which can take up to 90 comfortably, benefits from its own bar, has access directly to the kitchen making it perfect for meetings/ functions and can run independently from the other public areas. The corridor at the side gives private access for its guests. If not being used for functions it is used as an extension to the restaurant. Food can be served in all 3 areas.

LETTING ACCOMMODATION
Located over the first, second and third floors, the hotel comprises of 12 en suite bedrooms, with the 8 rooms to the front commanding outstanding harbour and sea views. Each room is presented to a high standard contemporary design with a Scottish twist and include flat screen TV, hospitality rays, ironing station, hairdryer, telephone and luxury toiletries.

BUSINESS
Having purchased the property in 2010, the owners have spent a lot of time and effort in developing the hotel into one of the finest businesses in the area, renowned for its atmosphere, culinary delights and setting. Run completely under management, the owners do not work in the hotel so as a result offers an excellent opportunity for a family, chef proprietor or a private multiple operator to take on board what is an extremely well-established business and grow on what is already being offered.
Trading with a 3 star accolade from Visit Scotland, further accolades include “Certificate of Excellence” and 4.5 rating from TripAdvisor, ranking it as the #1 hotel in Tarbert, 8.5 from Bookings.com and has previously been listed in the Michelin Guide.
Throughout the year the hotel benefits from high levels of repeat, passing and local trade and has also built up an excellent corporate client base from CalMac Ferries, Argyll & Bute Council, NHS and Forestry Commission.
During the summer months Tarbert is busy with tourists and sailors taking advantage of the location, exceptional sailing waters,
Tenure:
Freehold
Location Details:
Idyllic harbour facing hotel and restaurant within busy fishing village in Argyll
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