£0 £1000000
£0 £1000000

Well Established Hotel Business With Enviable Reputation

Newtonmore, Inverness-Shire

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Archived

£499,995 +SAV

Ref: B05501

Freehold

Overview

Please quote reference B05501

Hilton Smythe are delighted to welcome to the market this well-established hotel business with an enviable reputation. Braeriach Hotel has been trading from this location for over 130 years and has been under the ownership of our clients for the last 15 years and only now is being offered for sale due to our client’s desire to retire from the industry and their ill health. 

The business has an outstanding reputation with guests for the high-quality service, excellent 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 great trip advisor & google reviews.

The business attracts bookings from all four corners of the globe with many of these being repeat visitors and is popular with tourists, golfers, walkers, businesspeople, one off weekend breaks & further sporting fraternity.

Over the last few years the guest house itself has undergone a programme of refurbishment and can now be found in great condition throughout.

The turnover is generated by offering 10 guest rooms, 6 of which have en-suite facilities with the others having shared bathrooms, with many of the guest rooms benefiting from superb countryside views. There is potential to increase the number of rooms as the top floor is currently used as owner’s accommodation.

It must be noted that there is a self-contained 2-bedroom flat that is currently under renovation that would be ideal for use as owner’s accommodation or even as a further Air B&B option. In addition, there is also a 1-bedroom bedsit style apartment above the kitchen.

The current owners also have planning permission in place for further development to the rear of the building to include several 2 bed apartments.

The premises are in excellent general condition having undergone a substantial programme of refurbishment over the past couple of years and is maintained to a great standard throughout.

we feel that this is an excellent opportunity for a new owner to take this popular business to the next level.

There is scope to further increase turn over with the introduction of more online partner booking sites, & perhaps national press marketing to attract & grow the weekend break experience.

A tremendous opportunity to own this highly desirable turnkey business that does not require massive capital investment, and early enquiries must come highly recommended to avoid disappointment.

Turnover
Accounts will be made available post viewing.

Please quote reference B05501

The business is run & managed by the current owners with various full time & part time members of staff.

The business currently operates all year round.

Braeriach Hotel is located on the Main Street within the popular Highland village of Newtonmore which is an area of outstanding natural beauty, in the heart of the stunning Cairngorms National Park.

In addition to the hotels location it benefits from, both the Cairngorm and the Lecht ski and winter sports resorts being found a short distance away, with the major attraction of the cairngorm Funicular railway ensuring the resort attracts visitors all year round.

The local area is a real hot spot in terms of a tourist destination within Scotland with many activities to be found right on the doorstep including fishing, golfing, shooting, hill walking, mountain biking, along with water sports taking place on many of the Highland lochs. Many visitors also embark on the famous “whisky trail” a chance to visit many of the finest distilleries in the world all located within the highlands of Scotland.

Braeriach Hotel enjoys the benefit of lying just off the A9 and provides an ideal location from which visitors can continue their tour of the Highland and Grampian regions. It is also an ideal stop over for travel over to the West Coast and Fort William. 

The village of Newtonmore has a good-sized supermarket, Post Office, several cafes, restaurants and hotels.

Primary schooling is available in the village whilst secondary education is available in Kingussie. Newtonmore has both national rail and bus links & is only 15 miles from Aviemore & 46 miles to Inverness.

Braeriach Hotel is in a substantial, well presented period property that has undergone a period of refurbishment over recent years to a great standard throughout.

On entering you are quickly aware that you have entered a hotel setting that is full of contemporary design complimented by high quality fixtures and fittings running throughout the property.

The ground floor comprises, entrance / reception area, Public bar area with seating for 20 covers, separate games room with pool table, and seating areas, male & female w/c facilities.

Separate restaurant on the ground floor, accommodating space for 20 diners for breakfasts & evening meals.

Full commercial kitchen area fitted with a host of industry standard equipment and presented in excellent condition.

Upper levels contain 6 lettings bedrooms with en-suite facilities, with a further 4 room with shared bathrooms facilities along with current owner’s accommodation located on the top floor.

To the rear of the hotel there is currently a 2-bedroom apartment under construction, of modern design & finish, along with a 1 bed studio apartment located above the kitchen area that requires a degree of modernisation.

An extensive list of fixtures & fittings will be provided by the current owner.

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

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