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McEwan Fraser Legal Estate Agent in EH7 4LB
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0 bed property

Available
For Sale
Listed May 23, 2024
£300,000
Available

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Description

" Welcome to Hotel Square, a delightful hotel nestled in the heart of the Cairngorms National Park. The business is a popular and well-established hotel and restaurant which has been trading extremely successfully under the current management operation. The current set up is only trading with 14 guest rooms, however the hotel has the potential of around 22 â-- 26 letting rooms subject to refurbishment with bathrooms suites to be added. This would allow huge potential for growth to the next owner (Trading information will be made available following a formal viewing). Hotel Square offers potential buyers a fantastic opportunity to purchase a popular and well-established hotelrestaurant in a highly sought-after Highland village location only 5 miles from the famous Lecht Ski resort. The business benefits from good trading figures even with reduced occupancy and presents many possibilities for new owners to increase turnover due to the current reduced room availability of only 10 bedrooms. Ground Floor â-¢ Entrance foyerreception area â-¢ Spacious restaurant and bar with cosy fireplace seating area â-¢ Fully equipped industrial kitchen â-¢ Large dininggames room â-¢ Events spacefunction room with toilets and large storage area, an ideal wedding or party venue First floor â-¢ Gents and ladiesâ-- toilet â-¢ Laundry room 2nd floor â-¢ 1112 rooms dependent on set up, 10 currently active and set up as guest rooms with en suite bath or shower rooms. 3rd floor â-¢ 1 single room with en suite bathroom (ideal as a staff bedroom) 4th floor â-¢ 7 en-suite rooms plumbed and new electrics but need refurbishment Top floor â-¢ 7 rooms on the top floor require full refurbishment The subjects are connected to main supplies of water, gas and electricity. Hotel Square is only available as a freehold purchase and is currently not available on leasehold therefore no enquiries or viewings are invited on this basis. We have no information regarding the exact site area, and the boundaries appear obvious, the full extent of the feu should be checked by reference to the relevant Title Deed documentation. (Included in the sale) All fitted carpets and floor coverings, and equipment. The current liquid stock may be purchased by separate negotiation. This is a brilliant opportunity to acquire a thriving business in the heart of Tomintoul village, with the potential to double current capacity over time. Google Reviews 4.6 out of 5 Booking.com 8.2 out of 10 Tripadvisor 4.5 out of 5 Restaurantguru.com 4.6 out of 5 Facebook 5 out of 5 (Ratings as of March 2022)

By appointment through McEwan Fraser Legal on Inverness 01463 211 116

McEwan Fraser Legal are open 7 days a week: 8am - Midnight Monday to Friday & 9am - 10pm Saturday & Sunday to book your viewing appointment.

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Floor plan

Property Location

Average Price
Crime
Nearby Schools
Berwick St Mary's Church of England First School
113.8mi
Berwick Middle School
114.5mi
Holy Trinity Church of England First School
114.6mi
St Cuthbert's Roman Catholic Voluntary Aided First School Berwick
115.1mi
Tweedmouth West First School
115.1mi
Nearby Stations
Carrbridge Station
16.9mi
Aviemore Station
17.4mi
Keith Station
26.1mi
Huntly Station
26.2mi
Forres Station
26.4mi
Schools
Stations
On the map
Road view

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