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Hotel for sale in HIGHLAND

£239,995 Freehold
  • Well Established Family Run Commercial Hotel 30-40 Cover Restaurant / Dining Potential
  • Exclusive Wedding Venue Potential
  • Owners' Accommodation within Hotel Forbes Magazine - Top 10 Remote Getaways in the World
  • Private Car Parking Scope for Extensions / Conservatory
Ref. 36372

HOTEL for sale in HIGHLAND
Click to Enlarge HOTEL for sale in HIGHLAND HOTEL for sale in HIGHLAND
HOTEL for sale in HIGHLAND HOTEL for sale in HIGHLAND HOTEL for sale in HIGHLAND


Situation

Located in the remote picturesque small hamlet of Garvault by Kinbrace, The Garvault Hotel is approximately a 120 minute drive from Inverness, the capital city of the Highlands. To the south lies Kildonan and the road to the coast at Helmsdale giving access to the north Highlands. This Highland hamlet is known for it's stunning mountain scenery and heather-clad hills. The Garvault Hotel is situated twixt two of the Highlands' great Sporting Estates and, as a result, is set amongst stunning wildlife including stags and wild birds in a backdrop of stunning mountain scenery and glens / lochs spoiling one for salmon and trout fishing. To the west is the road that leads to Mount Torridon and the Applecross peninsula, as well as the tourist route to the Isle of Skye.

The old crafting county of Sutherland has a population of over 13,000 deriving most of it's commerce from tourists both from Scottish main cities and outwith Scotland. It is without doubt one of the remotest, sparsely populated, yet most romantic and beautiful destinations. Early Viking settlers named the county and despite it's topography and geographical position, the county enjoys excellent travel and communication links with the rest of Scotland. The property itself has high speed satellite broadband and the general area boasts the A9 link road. In addition there is a railway line (historically essential for timber transportation) and airports at Wick and Inverness are easily accessible.

The Garvault hotel has the honour of being voted Forbes magazine best top 10 remote getways in the world.

The area all around The Garvault Hotel itself is very busy with tourists and hill walkers as well as outdoor enthusiasts. Fishing, shooting and trekking are very popular. The hill walkers arrive from the ancient hill settlement of Beinn Griam Mor (590 metres), surrounded by Scotland’s many Munro’s. Tourists flock to the area from all around the world given it’s majestic beauty, history and wildlife. The Garvault Hotel is thus attractively situated as a natural base camp for touring Sutherland and the North / Northwest Highlands.


The Business

The Garvault Hotel is set in a romantic backdrop in a sought after Highlands location. The Garvault’s present owners have developed a good business but are now seeking an easier lifestyle and feel that a new incumbent would be better placed to take advantage of The Garvault’s full potential.

The business has been run successfully by the current proprietors for over 6 years. In that time the Hotel has been extensively refurbished and the business model has been efficiently enhanced year on year. The resultant increases in turnover, and higher than (sector) average gross profits, leaving a good foundation for future growth and development.

There exists huge scope for significant extension or development (subject to necessary consents) and creation of further lodges / chalets or camp-site areas to add to the large variety of tourists and outdoor enthusiasts take return regularly.

The Hotel is remote, yet situated on an ever increasingly popular tourist trail in the Highlands, and has easy access across the Highlands and to the South. This would be an ideal ‘lifestyle’ opportunity for those seeking a home and business looking beyond the city for a quality life. The Hotel is the perfect ‘’base camp’’ for exploring the whole of the Highlands and Islands, which includes the Ferry Port at Scrabster, which is a 1 hour’s drive away, and also the Orkney Islands.


The Property

The Garvault Hotel is a hotel of great character, detached and full of old world charm and character, yet updated and modernised to good standards. Part of the Hotel building does require cosmetic finishing and outbuildings have great scope for renovation / conversion. The Hotel is spacious and has a ''cosy'' feel. The Hotel offers guests a good standard of comfort in a formal, yet friendly, relaxed atmosphere.

The Hotel is entered via the main front entrance (additional entrance to side and private service access via rear entrance) leading into the hall, which in turn leads to all parts. The ground floor has a large hall / reception area which leads to reception room / lounge and guests greeting area / dining. The large commercial kitchen is conveniently located adjacent to the bar and dining areas, all equipped to good modern standards and with all ancillary equipment. The staircase leads to the upper hall and which in turn leads to the 8 letting bedrooms, all giving good views of the romantic landscape in the distance and an air of spaciousness. All bedrooms have en-suite facilities. The hall area also gives access to the formal drawing room and lounge. This area could easily be utilised for either private functions / conference room; wedding reception room and / or additional restaurant seating. Outside there is further accommodation potential by way of camp site, bunkhouse and bothy conversion for outdoor enthusiasts.

There is scope for additional extensions / conservatory conversions / bothy conversion (all subject to necessary consents) and potential to expand upon the existing business vis-à-vis outdoor lodges / chalets; campsite facility and restaurant dining in order to maximise current potential. The business is currently run as a small Hotel i.e. lettings with bed and breakfast.

It should be noted that whilst the Hotel is currently run as a small family ‘lifestyle’ business, there is significant scope to expand the business model in order to create an exclusive Hotel / Restaurant and self catering facility for visitors and outdoor enthusiasts. The commercial kitchen has superb scope with adequate support and storage areas to allow for an increase in cover capacity without need for large-scale investment. The general mid and high season footfall through the area, together with the ‘local’ demand, for a good quality dining establishment would lend itself to a commercial business along these lines. Alternatively, the bed and breakfast Hotel business is profitable and can be continued as a commercial model on its own.


Exterior

To the side of the Hotel is access out to a large private enclosed car park and rear garden area. This area amply allows for car parking up to at least 15 cars and in part can be utilised as outdoor seating / dining for guests. The front and rear areas are attractively presented with a large rustic garden area and there is a small pond within the grounds. The Garvault Hotel also benefits from having its own extensive grounds and paddock / field areas amounting to circa 30 acres or thereabouts. Any new current incumbents could easily keep horses / ponies and use the outlying field areas for equestrian use.


Service Areas

The business benefits from having an excellent fully equipped commercial kitchen offering an excellent range of cooking appliances. There is also a wash up area and staff wc located within the Hotel. There is ample storage within the building and contained within the grounds is additional outhouse storage. Ladies, Gents and Disabled toilets are well appointed within the Hotel. There is a rear service area.


Services

Private water and drainage. Off grid elecictricity and LPG gas.


Tenure

The property is held on the Scottish equivalent of Freehold


Trading Figures

Accounts for the business show a healthy turnover with higher than average gross profits. Full trading information will be made available to seriously interested parties after a formal viewing has taken place.


Summary

This is an excellent lifestyle business suited to a husband and wife team who can run the business on a hands-on basis in order to maintain high profit levels. Currently, the business is not exploiting the full potential of the dining / restaurant area, and there is significant scope for a new purchaser to expand the business quickly and with little cost. New proprietors have huge scope to increase the restaurant part of the business, including bar area trade and the function / catering parts of the business, in order to thereby expand the business model, taking advantage of tourist and regular local trade during the day, including day-trippers, coaching parties and shooting / golfing fraternity.


Price

Offers over £239,995 are sought for the heritable property, fixtures, fittings and goodwill. Stock in trade will be additional at valuation.


For more information about this business please contact Bruce & Co on 0844 7011 811 or email info@bruceandco.co.uk