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Property Listing Details

Property details

  • 11 bedrooms
  • 10 bathrooms
  • 3 reception rooms

Features

  • Freehold
  • A substantial freehold property with 8 en-suite letting rooms
  • Benefits from bar and restaurant with scope to expand
  • Set within a popular area
  • 3 bed owners accommodation, viewing recommended

Listing view statistics

Last 30 days: 425 page views

Since listed: 1079 page views

Description

Reference - 46652

Description
Bruce and Co are now delighted to offer to the market this fantastic hotel, which offers an excellent opportunity to purchase a fully renovated and furnished property with excellent business potential.

The property has traded successfully as a hotel for a number of years, benefiting from being positioned within its own grounds.

Due to other business commitments, the property has been traded on a limited basis as a licenced B&B only.

Accounts
No accounts are available, as the business is currently run on a limited basis, due to other business commitments.

Staff
The business is operated by the owners.

Building External
The main entrance is from the front, off of the car parking area. The property benefits from two separate entrances, one to the public bar, and one to the hotel, for residents only.

To the side of the property you will find an additional parking area.

To the rear of the property there are extensive grounds, along with outbuildings.

Building Internal
The main entrance to the bar is from the front of the property. The public bar is well presented, having undergone a full refurbishment program, and is well furnished.

Located off the bar, you will find the restaurant which again is well presented.

There is also a fully equipped commercial kitchen which has been refurbished, benefitting from a new full extraction system, and comes fully equipped.

There are 8 letting bedrooms, all of which have en-suite facilities.

The rooms have all been fully renovated and furnished, with new beds, bedding, furniture, carpets, windows and ensuites. All rooms benefit from hospitality trays and flat screen TVs.

Residential Accomodation
Located on the lower ground floor of the property, you will find an owners apartment, comprising of 3 double bedrooms, a master ensuite, second shower room and open plan living/kitchen area. The owners accommodations, have been fully refurbished, including a new kitchen, flooring and décor.

Tenure
We are advised that the property is freehold.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

Summary
This is a superb lifestyle change opportunity to purchase a fully renovated and equipped hotel, which offers the potential for all year round trade and excellent profits, along with genuine growth potential for any new owner.

A viewing is highly recommended to fully appreciate the property, location and business opportunity in general.

You could get

Fast broadband Fast broadband

Up to 21.6 Mbps (Source: Ofcom)

Map & Nearby

Local Amenities

  • Stow 7.5 miles
  • Galashiels 8.1 miles
  • Walkerburn Primary School 0.3 miles
  • St Ronan's Primary School 1.6 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Stow 7.5 miles
  • Galashiels 8.1 miles
  • Walkerburn Primary School 0.3 miles
  • St Ronan's Primary School 1.6 miles

Market stats

Sale activity

Average estimated value for a house in EH43:

  • £323,200
  • Price increase

  • £21,228
  • (7.030%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    Not known
  • Properties sold

    Not known

Rental opportunities

Not known

Recent sales nearby

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Estimated running costs

Based on available 3rd party data

Approximate costs
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These results are not provided by RBS and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

The Agent

Price history

Sold prices provided by Land Registry
30th Jan 2019 £399,950 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by Bruce & Company. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Bruce & Company for full details and further information.