Hotel for sale
Property description & features
- Tenure: Freehold
- Former Hotel and Bar in the Village of Cuminestown
- Well Positioned as the Only Public House and Accommodation in the Village
- Huge £90,000 Reduction on the Guide Price!
Family-run for 13 years, the hotel is now for sale due to retirement. The hotel is well positioned as the only public house and accommodation in the village, popular with various clubs both local and from further afield. There are 5 letting rooms with space for development of a further 5 with private accommodation on the second floor, or up to 10 with no private accommodation (STPP). 24+ cover dining room public bar, with separate lounge bar and 250+ capacity function hall. Fully fitted commercial kitchen. Large car park to the rear of the property.
The Hotel comprises:
Ground Floor
Public bar
Lounge bar
Fully fitted kitchen
Dining room
Sitting room
Function hall
Reception
First Floor
5 bedrooms
Bathroom
Shower Room
Proposed second floor (floorplan in legal pack)
5 en-suite bedrooms
Private accommodation setup with 3 bedrooms, bathroom, shower room, office and living room
Please note, there is some damage to the roof/ceiling above the dining room, caused by a roof leak last year. This damage is reflected in the reduced guide price.
Cuminestown is a village in the Formartine area of Aberdeenshire, Scotland, and sits at the centre of the parish of Monquhitter. It is only 24 miles to Peterhead and circa 30 miles from Aberdeen Airport. Due to the location there is always demand for contractors and offshore workers' accommodation where food and drink can be provided.
This is an incredible and hugely discounted opportunity for an owner-operator or multi-site operator to bring back the only pub in the village, whilst growing the accommodation income. The added
benefit of rooms, kitchen and function capacity can increase the potential revenue substantially.
With a public bar, lounge, dining room, function hall, reception bar, letting rooms and the future development potential - the property lends itself to multiple uses, including:
Worker's Accommodation as meals can be included
Pub/lounge and food offering
Function hall catering for 20-250+ where required
Close links to North Sea coast for tourism
Large footprint, should a developer wish to demolish and build homes
To view legal documents for all properties, and to register for our online auctions please visit our website.
Purchases are subject to a Buyer's Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup/Special Conditions in the Legal pack to confirm.
Places of interest
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