Hotel for sale
Property description & features
- Tenure: Freehold
- Fantastic profitable lifestyle business
- Beautiful lochside location on busy tourist route
- Massive opportuinity to enhance / increase business
Online Property Auctions Scotland are delighted to present this amazing business opportunity.
*PRE AUCTION OFFERS ARE WELCOME ON THIS PROPERTY*
Currently trading as Bed and Breakfast premises.
The premises comprise.
7 letting rooms (all ensuite)
3 bed flat on upper level (currently unused)
Guest lounge
Function suite with bar
Dining room
Kitchen
Additional ensuite letting room (currently unused)
Reception area
2 bed owner's accommodation with vast unused attic space.
The business is currently run to suit the current owners who operate the business at a limited capacity with good profit margins. The opportunity to increase this is massive.
Currently maintained to an exceptionally high standard throughout with well-presented letting rooms.
Set just off the main A77 route to Glasgow, the premises are set within approximately 1.3 acres of well-maintained grounds.
The business has been operated by the current owners for around 20 years. The sale is brought on by their wish to relocate and retire.
There is massive scope to extend and enhance this business through numerous options.
The number of letting rooms could be extended by utilising the vacant apartment space.
There is scope to extend the premises to the side to add further capacity.
Glamping pods / chalets could be added within the substantial surrounding grounds.
The dining room could be utilised to cater for lunch / dining / takeaway trade.
The function suite and bar area (25m x 8m) could be used for a number of purposes.
Due to the high volume of passing trade the provision of snacks / tea / coffee via a roadside cabin would also add value with additional outdoor seating areas.
The current owners have been happy running the business on a very limited basis which has suited their work / life balance. Any motivated new owner would be able to substantially increase trade and add value to the business along with increased income.
The premises have previously been used as a full hotel, nightclub and tea rooms.
Located on the edge of Cairnryan the premises are perfectly located to serve the 2 ferry ports.
P&O ferry terminal to Larne is located within 1 mile.
Stena ferry terminal to Belfast is located within 4 miles.
Both ferry operators run 6 sailings each within a 24 hour period. This creates immediate demand for travellers seeking overnight accommodation before sailing.
Cairnryan to Belfast is the busiest domestic short sea crossing in the UK with circa 1.3 million passengers in 2023.
There is a shortage of food and drink providers in Cairnryan itself and this could be very lucrative for the new owners.
The town of Stranraer is located at around 6 miles.
Within Stranraer you will find a full range of shops, supermarkets, bars and restaurants. Located 87 miles Southwest of Glasgow and 52 miles of Ayr. Population of circa 13,000. The area is noted for fishing, farming and tourism.
2 Single rooms (rate £99)
2 Double rooms (rate £148)
3 Suites (rate £169-£202)
* Well established trading business
* Massive scope to increase turnover / business
* 7 en suite letting rooms / suites
* 6 vacant rooms
* Large semi commercial kitchen
* Large function suite with bar.
* Guest lounge
* Owner's accommodation, 2 bedrooms, lounge, kitchen, shower room, large full height attic room.
* Substantial well-maintained grounds
* Views over Loch Ryan and shore
* Busy Summer tourism trade
* Solid year round trade through proximity to ferry terminals
Trading accounts will made available to any suitably qualified parties.
Viewings are strictly by appointment only through Online Property Auctions Scotland.
To view legal documents relating to this property 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.
All prices quoted are exclusive of VAT.
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Property reference 246174. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Online Property Auctions - Glasgow.
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