Pubs and Hotel Property for sale in Forres

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The Tastefully Refurbished Cluny Bank Hotel

Forres, Moray, Scotland

  • Freehold Price: £745,000  Price Reduced arrow_drop_down
Seller Reference: 4451199
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Seller Reference: 4451199
Request Details
Business Description
CCL are delighted to bring to market the tastefully refurbished Cluny Bank Hotel, a 19th Century Victorian Mansion that occupies a prominent and elevated position within a quiet residential area in the beautiful town of Forres. The thriving town is a prime tourist destination that benefits from high occupancy levels and visitors throughout the year. The property is well-presented throughout and has been furnished to a high standard. Fully licensed, and with a large well equipped commercial kitchen, there is a great opportunity for new owners to expand the business and cater for private events.

19th Century Victorian Mansion
AA 4 Gold Star Restaurant with Rooms
AA One Rosette Restaurant
TripAdvisor Certificate of Excellence – Solid 5
Prime tourist location
7 En-suite letting rooms
2 Bed owner’s accommodation
0.5 acre enclosed garden
Fully licenced
Excellent reviews
Well-equipped professional kitchens
Parking for 8 cars
Grade B Listing

Cluny Bank has been owned by the current proprietors for over 11 years during which time it has been fully refurbished and upgraded and now benefits from an excellent reputation and reviews. The hotel operates throughout the year with the peak season running from May until the end of October where typical occupancy levels in the region of 75 to 80%.

The business is operated by a husband (chef) and wife (front of house) partnership with the assistance of three part time members of staff who assist with housekeeping, serving and general duties. The majority of income (circa 61%) is generated from accommodation with the remainder coming from food and wet sales. Rooms are let on a B&B basis and comprise 2 single, 1 super king, 1 double and 3 twin/super king rooms, providing flexible configuration options to accommodate 12 guests per night. Marketing via Bookings.com (generates circa 35% bookings) and their own site, rooms are generally let on a mix of one night and multi-night stays.

The hotel benefits from a good mix of visitors and repeat trade from reps and tourists including walkers, cyclists, fishers and golf enthusiasts. Recently they have seen an increase in parties who are either on route to or from the starting point of the NC500. Forres appears to serve as a stop off or half way point for persons travelling to or from the east such as from Aberdeen airport.

Evening meals are offered between 18:30-20:15 in the dining room to both residents and non-residents, the latter of which being required to pre-book a table. Generally, they only undertake one sitting per table per night but there would be scope to expand on this should it be of interest.

The dining room can accommodate 16 covers comfortably but can cater for 24 which is of benefit when catering for private functions such as festive parties during the Xmas period, valentine’s dinners and corporate conferences.

The bar is fully licensed with the vendor being the holder of the personal license. The room comfortably sits 14 guests but can easily accommodate 25, and is reserved for residents and dining parties only. Operating between 18:30- 23:00 daily, the bar serves a good selection of spirits, malt whisky, wine, two draft lagers and soft drinks.

The business boasts AA 4 Gold Star Restaurant with Rooms, an AA Rosette for the Restaurant, TripAdvisor Certificate of Excellence – Solid 5 and has received many other awards for providing quality hospitality, accommodation and food services.
Tenure:
Freehold
Location Details:
Set within 0.5 acre of enclosed garden grounds, Cluny Bank enjoys an elevated position on the banks of Cluny Hill, a fine residential area in Forres. The property occupies an excellent trading location a short walk from the town centre with its many amenities and facilities including excellent restaurants and shops, schools, and medical facilities.
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