Pubs and Hotel Property for sale in Tarbert

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Stunning Harbour Side Licensed Hotel

Tarbert, Argyll and Bute, Scotland

  • Price: £440,000
Seller Reference: WSA1382
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Business Description
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Seller Reference: WSA1382
Request Details
Business Description
The hotel is situated on the Main Street in Tarbert,
overlooking the harbour. Tarbert is a very popular tourist
spot situated within Argyllshire, on the A83 Arrochar
to Campbeltown road and to the north of the Kintyre
Peninsula on the West Coast of Scotland.

The Islay Frigate Hotel is contained within principally a 3
storey and attic building of stone construction. There is a
further 2 storey extension to the rear of the property and a
variety of single storey further extensions.

Internally the ground floor provides a main bar and lounge
area to the front with kitchen facilities to the rear. On the
first floor there is a substantial eating/dining room which
can cater for up to 60 persons at a single seating and
benefits from a wide glass frontage providing stunning
views onto the harbour. On the first floor there are also
further toilets, staff area and additional office/admin space.

On the second floor there are four bedrooms available for
let which have all been renovated over the last 2 to 3 years
and a further four lettable rooms provided at attic level.
To the rear of the property the current owners have
invested money to provide an attractive outdoor seating/
beer garden area which appears to be a bit of a sun trap.

The hotel operates as a typical Scottish
independent, unbranded licensed hotel
trading all year round over a 52 week cycle.

Income is achieved from a combination
of food and beverage sales from the bar
and separate dining room together with
letting bedroom accommodation from 8
bedrooms (3 of which are en-suite). The
existing letting bedroom tariff ranges from
£65 to £130 per room per night for bed and
breakfast accommodation.

The guest profile is largely derived from
leisure and tourism with a significant
proportion of guests coming from mainland
Europe via a number of on-line booking
agent sites.

The bar area functions as a local bar with
an established base of regular customers.
Currently there is a pool table, juke box and
flat screen televisions with sporting events
broadcast via a satellite sports package.
The bar also offers a very attractive array of
local beers and Scottish whiskies.

The business currently operates under full
time proprietor management and although
the owners work within the business,
assistance is provide by approximately 10
members of staff.

There are various options that would
enhance the accommodation amenity
subject to internal layout alterations and
reconfigurations. Possibilities would
include modification of the existing
bedroom layout to provide more ensuite
facilities as well as the potential to
convert the first floor restaurant to provide
additional bedrooms.

The beer garden to the rear also provides
opportunity in terms of improving the
leisure space.
Is accommodation included?:
Number of bedrooms:
Location Details:
Licensed hotel with 8 lettable rooms. Stunning harbour side location. Popular tourist location. Fixed Price £440,000.
Is this business home based:
Downloadable Documents:
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