£0 £1000000
£0 £1000000

Well Established Hotel Business With An Enviable Reputation

Girvan, Ayrshire

< 1-15 >

Enlarge

For Sale

£259,995 +SAV

Ref: B05776

Freehold

Overview

Please Quote Reference B05776

Hilton Smythe are delighted to welcome to the market stylish well-established hotel business with an enviable reputation. The Royal Hotel has been under the careful & meticulous ownership of our client for the last 18 years and is only now being offered for sale as it’s our clients desire to take well-earned retirement from within the industry

The Royal Hotel has a great reputation with guests for the high-quality service, accommodation and delicious cuisine, which has resulted in a loyal client base, with a lot of repeat trade and word of mouth referrals all resulting in some superb online reviews.

The business attracts bookings from all four corners of the globe with many of these being repeat visitors with the business building up an impressive list of clienteles due to the friendly facilities and privacy that are on offer.

The turnover is generated by offering 7 well-presented guest rooms, with 5 en-suite facilities with a further 2 rooms sharing a bathroom and all being finished to a great standard.

Breakfast and meals are served in the spacious and sunny 35-seater restaurant by our client and uses only the best quality ingredients and locally sourced produce where possible. Guests can also relax in the public bar area within the hotel.

During the summer months guests can enjoy a drink in the beer garden that comes with a range of garden furniture available to sit & enjoy the surroundings.

Separate Owners accommodation comprises a good sized 3-bedroom property, with lounge, bathroom, kitchen, office space and laundry area.

The business has an excellent website in place to advertise the business and the services offered along with the option to book a room.

We feel that there is scope to increase turnover further by undertaking a robust marketing campaign via local & national press along with choice sporting magazines and targeting large corporate companies as a venue of choice for travelling executives.

A tremendous opportunity to own this highly desirable, turnkey business, and early enquiries must come highly recommended to avoid disappointment.

EARLY ENQUIRIES HIGHLY RECOMMENDED.

Turnover
Accounts will be made available to interested parties (no accounts were available at time of booking). For further information quote reference B05776.

The business is run & managed by the current owner.

The business currently operates to suit the needs of the individual guests over a 12-month period.

The Royal Hotel is located within the popular Ayrshire town of Girvan, situated on Montgomerie Street not far from the town centre.

Girvan is situated on the Ayrshire coast, set against a scenic coastal backdrop that includes the island of Ailsa Craig, renowned for its extraction of granite. The town benefits from being located some 20 miles from Prestwick Airport, with Glasgow airport to be found 60 miles away, making this part of the Ayrshire coast a popular destination.

Girvan is well serviced in terms of local amenities with primary and secondary schooling & a good selection of independent restaurants and shops located in the town centre along with being well serviced with leisure facilities that also include the world-famous Turnberry links golf course.

The town further benefits from good road and rail links to & from Glasgow & further afield.

The Royal Hotel is in a substantial, 3 story, well presented end of terrace property that has undergone a period of refurbishment to a good standard over the years.

Accommodation comprises:

  • Ground Floor - Public bar area, separate well-appointed restaurant area (35 covers) with further bar, W/C’s, access to owner’s apartment, cellar area.
  • Lettings rooms are over the 1st & 2nd floors with 5 rooms en-suite with a further twin & single room sharing a bathroom.
  • Owners Apartment consisting 3 bedrooms, lounge, bathroom, kitchen, laundry room and office space.
  • Externally there is ample off-street parking in the private car park, generous beer garden area located to the rear of the building.

Tenure
We are advised that tenure is offered on a freehold Basis.

Similar Businesses For Sale

9

Well established 20-bedroom Hotel for sale

Ilfracombe, Devon

£749,995 +SAV

Discover Business

5

Exciting Tearoom & B&B business for sale

Cheltenham, Gloucestershire

£99,995 +SAV

Discover Business

15

Currently, the hotel only operates 4/5 days a week and closes for over 2 months in the year to stay under the VAT threshold to suit the semi-retired owner, leaving immeasurable scope for expansion.

Girvan, Ayrshire

£449,000 +SAV

Discover Business

Need help to find your dream business?

Our buyer matching service can help, sign up today.

Find your dream business

    Sales Negotiator Photo

    Cheryl Hunt

    Sales Negotiator

    Need help with finance to purchase this business?

    Hilton Smythe have their very own independent commercial finance broker Hilton Smythe Finance who can help with raising the money to buy your new business.

    Try our finance calculator

    Finance Calculator

    Powered by Hilton Smythe

    £259,995 +SAV

    4%
    £77,999
    £181,997
    20 years
    £0

    60 monthly payments of

    £0

    Apply Now

    Representative Example

    Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83


    Rates may differ as they are dependent on individual circumstances. Subject to status.

    Popular business searches in the UK