2607 - 18th Century Country Inn on Isle of Bute, Preferred Commercial
2607 - 18th Century Country Inn on Isle of Bute, Preferred Commercial
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Business Details
18th Century Country Inn on Isle of Bute
Kingarth, Glasgow and Strathclyde, Scotland
Advert Ref: 2607
Business Description
Preferred Commercial is delighted to offer for sale this popular country inn, which dates back to 1786 and which has been in our clients' hands since 1997. The business is only now being placed on the market due to our clients' wish to relocate. Kingarth Hotel offers a public bar, restaurant and function facilities, 3 letting rooms and a bowling green, and generates a turnover in the region of £400,000 per annum with a gross profit of 60%. Plans have been drawn up to convert existing chalets, which are currently used for storage, into a 2-storey block of 10 letting rooms, which would no doubt increase turnover. There is also scope to market the function side of the business further. The premises boast 2-bedroom owners' accommodation which are finished to a high standard throughout. There is a quality web site in place which offers information about the services and facilities of the hotel as well as local information and attractions. The business boasts an enviable reputation for the quality of food and service and benefits from much repeat custom. We are advised that there is a 2011 Ford Tourneo minibus, used as a courtesy bus, available by separate negotiation. We feel this is a rare opportunity to acquire a thriving and well-established country inn in such a desirable location. Early discussions with Preferred Commercial must come highly recommended.
Business Status
Price Reduction
Property
Freehold
Location
The Kingarth Hotel occupies substantial premises on a prominent corner trading position in the rural area of Kingarth on the Isle of Bute. The hotel is located just a short walk from the beach at Kilchattan Bay and is ideally located on the A844, the main road around the island. The main town of Rothesay and ferry terminal lie approximately 7 miles to the north. The Isle of Bute is one of Scotland's most easily accessible islands. Situated in the Firth of Clyde and benefiting from several ferry services, the island lies less than 2 hours from Glasgow. The area is popular with tourists, who visit for the many attractions such as the ruined 12th century St. Blain's Chapel, Rothesay Castle and the Bronze Age standing stone cirles.
Premises Details
Substantial country inn premises, situated on a prominent corner location. Briefly comprising: Ground Floor • Main bar with well-equipped servery for both bar and dining areas, seating in bar area for up to 60 and dining area with 20 covers, pool table, large flat-screen TV, bar servery boasts glass washer, cash register, coffee machine and wine chiller • Ladies and gents WCs • Club lounge with raised private dining area with log burning stove, tables and chairs for up to 20 covers • Function room with seating for up to 80, ladies and gents WCs and access to bowling green • Serving room, used during functions • Commercial kitchen with stainless steel preparation surfaces, 4 x microwave ovens, salad bar, under-counter refrigeration, 4-door refrigerator, 4-door freezer, 2 x double fryers, 2 x 6-burner hobs and ovens, Bain Marie, plate warmer and large dishwasher. • Compact cellar with 9 operating lines and 11 spare lines First Floor • Red Room: twin room with en-suite bath, shower, WC and wash basin, TV with DVD player and Freeview, WiFi access • Blue Room: double room with en-suite shower, WC and wash basin, TV with DVD player and Freeview, WiFi access • Green Room: twin room with en-suite shower, WC and wash basin, TV with DVD player and Freeview, WiFi access • Owners' lounge with adjoining kitchenette • Owners' bathroom • 2 x owners' bedrooms External • Covered seating area for approximately 30 people, serving bar • Covered seating area for approximately 16 people, serving function room • Seating area for approximately 40 people to front • Former letting chalets, currently used for furniture storage • Dry storeroom and laundry with fridge/freezer, 2 washing machines and tumble dryer. • Bowling Green, currently used by Kingarth Bowling Club on a rent free agreement • Large car park to side
Trading Hours
Hotel All year round Bar and Restaurant Mon - Thurs: 12.00pm - 1.00am Fri - Sat: 12.00pm - 2.00am Sun: 12.00pm - 12.00am