No longer on the market
This property is no longer on the market
MapProperty
Auction
Property
6 beds
Features and description
- Status: Available
- Type: Commercial
- Ownership: Freehold
- Occupation: Vacant
- AUCTION DATE: 02 May 2024
ENHANCED TERMS OFFERED ON THIS LOT...
Reduced Buyers Fee: % of Sale Price (Min £3250 +vat)
PRIME INVESTMENT OPPORTUNITY to purchase a thriving, well maintained hotel, bar and restaurant. EXCELLENT TRADING LOCATION close the centre of Milnathort, Kinross-shire. This is a rare opportunity to purchase a thriving hotel, bar and restaurant. The hotel's lounge, public bar area and restaurant are a popular choice with visitors to the area and benefit from the passing trade of campers, road trippers, hotel guests and day visitors to the area. The Thistel Hotel is known by the locals for its quality restaurant menu, coffee and cakes, local ales and whiskeys, live music, karaoke nights and modern cocktails which is why the current owners have managed to grow and maintain such a loyal customer base. The bar shows live sports all year round, hosts a weekly karaoke night and has regular live music events, it's easy to see why it's so popular with local residents. The main entrance gives open access to the reception hall on the ground floor and situated to the front of the property you will find the welcoming lounge area and restaurant which is well known and highly regarded in the area for its high quality, locally sourced dishes. To the rear of the hotel is the public bar area and function suite, commercial kitchen and curved bar with a well-stocked gantry. There is both ladies and gents' facilities on the ground floor. The six en-suite bedrooms are located on the first floor and provide a variation of double and family rooms. The current owners have maintained the hotel meticulously. They have built and maintained good relationships with trades and have good processes in place making this opportunity an easy and lucrative investment. Overall, The Thistle Hotel is a thriving well looked after and loved investment at the heart of a popular Kinross-shire town providing the opportunity to work and live in the premises MASSIVE POTENTIAL for continued use as B&B or Boutique Hotel and Restaurant to capitalise on the constant demand locally. Potential rental of over £35,000 per annum. Potential residential conversion Tenure: Freehold. Services, mains water, gas, electric and drainage.
Auction Details
02 May 2024, 10am-3pm
Timed Online Auction
How to Bid Now
Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY.
Future Property Auctions - Scotland's Largest Land and Property Auction House. Over 400 lots auctioned every 2 weeks including flats, houses, land & commercial.
Reduced Buyers Fee: % of Sale Price (Min £3250 +vat)
PRIME INVESTMENT OPPORTUNITY to purchase a thriving, well maintained hotel, bar and restaurant. EXCELLENT TRADING LOCATION close the centre of Milnathort, Kinross-shire. This is a rare opportunity to purchase a thriving hotel, bar and restaurant. The hotel's lounge, public bar area and restaurant are a popular choice with visitors to the area and benefit from the passing trade of campers, road trippers, hotel guests and day visitors to the area. The Thistel Hotel is known by the locals for its quality restaurant menu, coffee and cakes, local ales and whiskeys, live music, karaoke nights and modern cocktails which is why the current owners have managed to grow and maintain such a loyal customer base. The bar shows live sports all year round, hosts a weekly karaoke night and has regular live music events, it's easy to see why it's so popular with local residents. The main entrance gives open access to the reception hall on the ground floor and situated to the front of the property you will find the welcoming lounge area and restaurant which is well known and highly regarded in the area for its high quality, locally sourced dishes. To the rear of the hotel is the public bar area and function suite, commercial kitchen and curved bar with a well-stocked gantry. There is both ladies and gents' facilities on the ground floor. The six en-suite bedrooms are located on the first floor and provide a variation of double and family rooms. The current owners have maintained the hotel meticulously. They have built and maintained good relationships with trades and have good processes in place making this opportunity an easy and lucrative investment. Overall, The Thistle Hotel is a thriving well looked after and loved investment at the heart of a popular Kinross-shire town providing the opportunity to work and live in the premises MASSIVE POTENTIAL for continued use as B&B or Boutique Hotel and Restaurant to capitalise on the constant demand locally. Potential rental of over £35,000 per annum. Potential residential conversion Tenure: Freehold. Services, mains water, gas, electric and drainage.
Auction Details
02 May 2024, 10am-3pm
Timed Online Auction
How to Bid Now
Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY.
Future Property Auctions - Scotland's Largest Land and Property Auction House. Over 400 lots auctioned every 2 weeks including flats, houses, land & commercial.
About this agent
We are Scotland's LARGEST dedicated residential and commercial Property Auctioneer. Our regular programme of large scale property auctions feature lots from throughout Scotland and the wider UK as well as regular properties available for purchase by Private Treaty and Tender. Our Auction calendar features both traditional and online property auctions covering the whole of the country. Each Auction offers a mix of Commercial and Residential property as well as land and other development opportunities. Properties are accepted from both Private and Corporate Vendors alike and we welcome enquires from all potential clients. Future Auctions LTD is a Limited Company registered in Scotland with Registration Number 358597. We are a fully indemnified professional limited company regulated by the Property Ombudsman. Our auctioneers are all members of the National Association of Auctioneers and Valuers thus ensuring our strict code of conduct and professionalism.