OIRO £300,000

Hotel for Sale

The Square, Tomintoul, Ballindalloch, AB37 9ET

OIRO £300,000

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Full Description

Welcome to Hotel Square, a delightful hotel nestled in the heart of the Cairngorms National Park.

The business is a popular and well-established hotel and restaurant which has been trading extremely successfully under the current management operation. The current set up is only trading with 14 guest rooms, however the hotel has the potential of around 22 – 26 letting rooms subject to refurbishment with bathrooms suites to be added. This would allow huge potential for growth to the next owner (Trading information will be made available following a formal viewing).

Hotel Square offers potential buyers a fantastic opportunity to purchase a popular and well-established hotel/restaurant in a highly sought-after Highland village location only 5 miles from the famous Lecht Ski resort. The business benefits from good trading figures even with reduced occupancy and presents many possibilities for new owners to increase turnover due to the current reduced room availability of only 10 bedrooms.

Ground Floor
• Entrance foyer/reception area
• Spacious restaurant and bar with cosy fireplace seating area
• Fully equipped industrial kitchen
• Large dining/games room
• Events space/function room with toilets and large storage area, an ideal wedding or party venue

First floor
• Gents and ladies’ toilet
• Laundry room

2nd floor
• 11/12 rooms dependent on set up, 10 currently active and set up as guest rooms with en suite bath or shower rooms.

3rd floor
• 1 single room with en suite bathroom (ideal as a staff bedroom)

4th floor
• 7 en-suite rooms plumbed and new electrics but need refurbishment

Top floor
• 7 rooms on the top floor require full refurbishment

The subjects are connected to main supplies of water, gas and electricity. Hotel Square is only available as a freehold purchase and is currently not available on leasehold therefore no enquiries or viewings are invited on this basis. We have no information regarding the exact site area, and the boundaries appear obvious, the full extent of the feu should be checked by reference to the relevant Title Deed documentation.

(Included in the sale) All fitted carpets and floor coverings, and equipment. The current liquid stock may be purchased by separate negotiation.

This is a brilliant opportunity to acquire a thriving business in the heart of Tomintoul village, with the potential to double current capacity over time.

Google Reviews 4.6 out of 5
Booking.com 8.2 out of 10
Tripadvisor 4.5 out of 5
Restaurantguru.com 4.6 out of 5
Facebook 5 out of 5
(Ratings as of March 2022)