The subjects are a two storey semi detached property, lying under a pitch and slate roof.
Main customer entry is at the front of the property leading into a bright and airy entrance vestibule. All public areas can be accessed from this point.
Public areas briefly comprise:
Well appointed Bar area to accommodate circa 30 covers. The bar is very well presented with a separate pool area with large screen TV and access to an outside patio area. The bar also has a bar and gantry as well as comfortable seating by way of bar stools in addition to timber tables and chairs.
The Restaurant area is situated adjacent to the bar and comfortably cater for 24 covers. The restaurant is well furnished with a timber floor as well as light timber tables and chairs. This area is also ideal for small functions as well as private dining.
Ladies, gents and disabled toilets are well appointed off the public areas.
There is also a fully fitted commercial kitchen and additional service areas
The first floor of the business houses all the letting rooms. The letting rooms are offered to an excellent standard with traditional furniture mixing with contemporary design and fittings. There are a total of 6 rooms, all rooms are double sized offering ensuite facilities.
One of the letting rooms is also a one bedroomed apartment with a bedroom, ensuite bathroom and kitchen.
Our clients purchased the property in 2021 and began a refurbishment programme that has seen a sympathetic renovation of the public areas to today’s impressive levels. The property and business are now offered in walk in condition for new owners to exploit.
Our clients have a retail and property investment arm to their business and the day to day running of the hotel has been devolved to a management team. We believe there is enormous potential for hands on ownership in order to drive the business forward.
The business is well patronised as a food and beverage destination and the letting bedrooms and are well promoted on all room sales platforms.
The business trades well from all three revenues streams with real potential to develop further under new owners.
A guide price of £395,000 is sought for the business. Stock will be additional at valuation.
All queries in relation to redevelopment/ reconfiguration of the subjects should be addressed to Fife Council Planning Department.
A closing date may be set and all interested parties should make a note of interest at the offices of the Sole Agent. We reserve the right to sell or let the property without setting a closing date and we are not obliged to accept the highest or indeed any offer for the sale/lease of the property.
According to the Scottish Assessors website, the draft rateable value for April 2023 is £19,600 per annum.
A copy of the
will be available upon request.
All prices, premiums and rents quoted are exclusive of VAT.