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Leasehold sale - CCL is delighted to bring to market The Chapelbank Hotel and Bistro, a small boutique hotel situated in a prime trading location in the heart of Forfar, a thriving market town in the centre of Angus. The business offers modern accommodation in a beautiful Victorian House, with four beautifully styled and luxurious en-suite letting rooms. The popular Bistro is a thriving success and renowned for outstanding food. This leasehold sale represents an ideal opportunity to purchase a highly regarded business presented in true walk in fashion.
Service Areas As expected with a hotel the style and size of the Chapelbank, there are extensive service areas including a well-equipped large kitchen with ample surface and preparation areas. There is ample storage, cellars and work areas throughout.
Services The property has mains gas, water, drainage and electricity.
Tenure The property is held on the Scottish equivalent of Leasehold.
Trading Figures The business has a good mix of income from wet, food and accommodation sales. The business trades very profitably and full trading information will be provided after formal viewing has taken place.
Summary The sale of the Chapelbank House Hotel offers a fantastic opportunity to purchase the leasehold of a high quality boutique hotel that is currently trading extremely well. Viewing is highly recommended to truly appreciate the size of the hotel and the exceptional value that it offers.
Price Offers in the region of £50,000 are sought for the leasehold of the property, fixtures, fittings and goodwill of the hotel. Stock in trade will be additional at valuation. Owner finance may be available and part exchange options may be considered.
Rent £32,000 pa
Lease Terms The subjects are offered on standard lease on flexible terms for a minimum 20 year period with a 10 year break clause.
For more information about this property, please contact CCL Property, IV30 on +44 1343 337003 * (local rate)
Contact CCL Property about this property
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by CCL Property, and do not constitute property particulars. Please contact CCL Property for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.