A Well Presented Hotel and Bar for Sale in Innerleithen

  • Price: £565,000
  • Annual Turnover: £200,000
Innerleithen, Scottish Borders, Scotland
Seller Ref:BAC2310118
For Sale

A Well Presented Hotel and Bar for Sale in Innerleithen

Innerleithen, Scottish Borders, Scotland
Seller Ref:BAC2310118
  • Price: £565,000
  • Annual Turnover: £200,000

Overview

Seller Ref: BAC2310118

Description

The St Ronans Hotel is a popular busy tourist hotel and local bar that dating back to the early 1800’s. The business has been owned by the current vendors since 1996 and is only on the market due to the current proprietor’s impending wish to retire.
Innerleithen is the Mountain Biking capital of the UK, home to the world championships and a newly built £17m mountain bike innovation centre which generates a strong revenue stream for St Ronans. In addition, Innerleithen is on the Tweed, one of Scotland’s great Salmon rivers attracting many fishermen, with a number of local shooting estates.

The business trades throughout the year and is rated 4/5 on TripAdvisor and and 5/5 on Facebook.

Additional marketing is carried via Booking.com and through its own informative website stronanshotel.com generating strong occupancy rates.
The St Ronans Hotel offers excellent accommodation for both guests and owners.

Innerleithen is a county town of Peeblesshire, Scotland, and Home to Traquair House.
The village is just a few miles from the popular tourist town of Peebles, and only 25 miles south of Edinburgh. The St Ronans occupies a commanding position in the centre of the Village.

St Ronans is a traditionally built terraced property set over three floors which dates back to the early 1800’s. There is a separate entrance at the front or can be accessed through the bar lounge area. The Pub is a typical welcoming local’s bar, it is well maintained with several seating areas, a wood burner and large tv, and pool table room. This leads to an extensive beer garden with glorious views up to the hills. There is a dining room with 20 covers with a large well-equipped kitchen.

There are 7 letting bedrooms, all which have en-suite facilities. The rooms are set over the first and second floor. All the rooms are well presented and furnished. All rooms have hospitality trays and TVs.
There is additional space on the ground floor to create a further en-suite room which could be suitable for disabled access. And the current Dining Room has direct access to the street and could create a sizable self-catering apartment, with the breakfast being provided in the bar.

The owner’s accommodation is a beautiful alpine style wooden chalet that has a large open plan sitting room and kitchen, a large bedroom and beautiful bathroom, built within the last 2 years. This could be used also as guest accommodation providing a strong additional revenue stream. There is also ample room to build another wooden cabin beside the existing chalet as the services have already been laid in.

As expected with a property the style and size of the St Ronans , there are ample service areas, including a fully fitted commercial kitchen, still room, dish wash area, laundry, spirit store, cellar. The property benefits from state-of-the-art biomass heating system.

Annual Turnover: £200,000

Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is stock included:
NA

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