Hotel for sale

Restaurant/Hotel Business Opportunity
Wonderful opportunity to acquire The Cross, a well known restaurant/hotel in Kingussie, which is a former water tweed mill in Kingussie situated adjacent to the River Gynack dating from the mid-1800s and renovated into a hotel in the 1990s.
This is a unique property for anyone wishing to take on a prestigious business opportunity in the heart of the Cairngorm National Park. Enjoying a stunning tranquil location set within wooded grounds, the property has a truly romantic setting. This substantial property enjoys an excellent trading location in an affluent area of the town, close to the centre with all facilities within a few minutes’ walk. The Cross benefits from ample grounds affording generous amenity space for both guests and owners to enjoy. The property mainly comprises vestibule, reception area, spacious dining room with double sided woodstove and bar area, double doors to outside area overlooking the Gynack River, secondary reception area, guest bathrooms (ladies, gents and disabled), first floor guest lounge, 9 en-suite guest bedrooms, commercial kitchen, laundry room, staff WC, wine cellar.
There is also private accommodation on the ground floor, comprising spacious lounge, fitted kitchen with private access, and two bedrooms with en suites. There is ample parking for business needs and owners use, attractive gardens and areas of natural growth with the River Gynack set just below the building. There is a pleasant lawn area with guest seating plus an extensive patio area with views of the river.
The Cross ceased trading in late 2023, and for the new buyer, the property offers its services to a business running individually booked meals/rooms, groups and functions, plus there is capacity for booking for sole use parties. It had established itself as a popular destination venue benefiting from a high level of repeat trade, being highly commended by numerous organisations and receiving many laudable comments on numerous visitor review websites. Tourism was the main driver of trade and included the many visitors who play golf, fish, undertake walking and climbing holidays. The location and stature of the building is such that it is easy to locate for those booking via the internet or for the casual passer-by. The rateable value of the property is £18,000 (effective from 01 Apr 2023).

The Cross is situated within the town of Kingussie, highly convenient for guests wishing to walk to the excellent range of nearby shops, facilities, services, etc. The region is served with good communication and commerce links. The A9 is the main arterial road from Perth in the south to Inverness and further onwards into the Highlands. Kingussie is also strategically placed within the Cairngorm National Park, on the main route from Aviemore to Fort William via Spean Bridge. Additionally, Kingussie benefits from having a mainline railway station, which adds to the influx of visitors, especially hill walkers. Moreover, Inverness Airport is easily accessible for those travelling from further afield by air. The region is famous for its wondrous landscapes and outdoor activities based within the Cairngorm and Monadhliath Mountain ranges. Hill walking and water sports are popular in the summer season and the area benefits from ski provision, and snow and ice climbing in the winter. Other outdoor pursuits such as bird watching and fishing also draw a great many visitors to the area who take advantage of the abundance of wildlife in the Spey valley. For the dedicated golfer there are a number of good quality courses within the immediate area, the most famous being Boat of Garten GC. Castles and distilleries offer the more pedestrian tourist with places of culture and history to visit. Kingussie enjoys a most suitable geographic location as a base from which visitors can continue their odyssey of both the Highland and Grampian regions of Scotland.


PURCHASERS NOTES
Please note that these particulars have been prepared by us on the basis of information provided by our client. If there is any aspect of these particulars that you wish clarified or that you find misleading please contact the office where further information will be made available.

• No tests have been made of services, equipment or fittings.
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• All measurements, distances and acres are approximate.
• Fixtures, fittings and other items are not included unless specified in these details.

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