Offers Over £450,000

Hotel for Sale

New Road, Milnathort, Kinross, KY13 9XT

Offers Over £450,000

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Full Description

McEwan Fraser Legal is delighted to present to the market The Thistle Hotel situated in Milnathort a small town in 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.

Tenure: Freehold.
Services, mains water, gas, electric and drainage.

Accounts: Will be made available following a formal viewing or note of interest by your solicitor.