14 Bedroom Hotel with Stunning Sea Views by Cullen

  • Freehold Price: £1,350,000
Cullen, Moray, Scotland
Seller Ref:24158029
For Sale

14 Bedroom Hotel with Stunning Sea Views by Cullen

Cullen, Moray, Scotland
Seller Ref:24158029
  • Freehold Price: £1,350,000

Overview

Seller Ref: 24158029

Description

A wonderful opportunity has arisen to purchase the Cullen Bay Hotel, a long established and incredibly popular hotel that benefits from its elevated position and stunning panoramic views over the Moray Firth. This 14 ensuite bedroom hotel has been tastefully extended and upgraded over the years and has become a very popular stopping point for tourist wishing to avail of some of the most beautiful and breath-taking scenery that the North East of Scotland has to offer. The charming hotel has an excellent mix of income from wet, food, accommodation, and functions. Viewing is highly recommended to appreciate the flexibility and potential that the purchase of the hotel offers.

The Cullen Bay Hotel is situated in one of the most picturesque locations on the north east coast of Scotland. Set in a secure site the property sits in a prominent, elevated position and enjoys stunning sea views over the moray coast and a links golf course.

The property is located a short walk from the town centre of Cullen, with many amenities including excellent award-winning restaurants, shops, and links golf course. The small traditional town boasts an extensive tourist trade and hospitality sector.

Cullen is ideally situated approximately midway on the A98 between Inverness and Aberdeen, 20 miles (32 km) east of Elgin and is a popular seaside holiday destination largely due to its fine long sandy beach, golf course and walking trails. With a number of holiday lets and accommodation, a collection of local services, cafes, and attractive small shops, both tourists and locals alike are well serviced.

The Cullen Bay Hotel has been successfully run by the current owners for the last 9 years during which time it has been tastefully upgraded and refurbished. The hotel is open throughout the year, but the main season is from Easter through to October. During the summer months occupancy levels approach 100%.

The hotel has two restaurant dining rooms that can cater for 80 covers at any one time and benefit from stunning panoramic views that are incredibly popular with guests and locals alike. There is also a large and well-presented bar. The hotel is licensed from 1100 to 0100 throughout the week. Lunches are served from 1200 to 1500 and evening meals are served from 1700 to 2030

The Cullen Bay hotel has a large function suite that is exceptionally popular. It is frequently booked for weddings and the location makes a stunning backdrop for ceremonies. The hotel sits on a 2 acre plot and the walled garden is a perfect venue for hosting an elaborate reception where a marquee can be erected to accommodate up to 250 guests.

The hotel has a good mix of income across all revenue streams and there are a great number of areas where the business could be extended; such as the function suite and providing entertainment. Additional rooms could be added to the hotel.

The business is run by the owners with the assistance of a general manager and 3 shift managers. There are 4 part time housekeeping staff, 8 kitchen staff and 7 part time front of house staff.

Number of Employees:
22
Number of Bedrooms:
14
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
Yes
Is this In administrative/receivership:
No
Is stock included:
NA

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