Business For Sale in Moray

Buckie, Moray, UK


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This business is marketed by

CCL Group LTD View more business for sale by this agent

CCL is delighted to bring to market The Highlander Hotel, a well established and popular hotel, restaurant and public bar situated in a prime trading location in the heart of Buckie, a thriving coastal market town in Moray. The business offers modern accommodation in a beautiful Victorian property, with 6 comfortable letting rooms. The popular restaurant is a thriving success, renowned for outstanding food while the busy public bar generates a very steady income. This sale represents an ideal opportunity to purchase a highly regarded business presented in true walk in fashion.

Prime trading location.
6 letting rooms (5 en-suite).
Popular Restaurant
Locals Bar
Sizable owner’s accommodation
Strong trading figures and excellent margins.
Superb reviews.
High occupancy levels 
Exceptionally presented and maintained.
Freehold.
Offers over £325,000.

 

Situation

 

Located in the centre of Buckie on the town’s West Church Street, The Highlander Hotel in one of the most central hotels and eating establishments, and benefits from its prominent trading position on the main commercial trading road.  Neighbouring occupiers comprise a mix of residential dwellings and commercial traders with one of the three local primary schools, the secondary school and the local swimming pool and fitness centre being located in the immediate vicinity to the rear.

This affluent coastal town offers great amenities, services and facilities including primary and secondary schools, health and medical care services, local shops, supermarkets, banks and post office. As well as many restaurants, hotels, cafes and pubs. Buckie facilitates good vehicular access and is located just off the A98 Elgin to Fraserburgh road.  The property is well services with excellent road and public transport networks and offers easy access for Aberdeen and Inverness.

Buckie is the perfect base for exploring the surrounding areas of Aberdeenshire and Moray with their outstanding scenery, host of historical, cultural, outdoor and leisure pursuits. On offer are rolling countryside, idyllic beaches, rugged glens, championship golf courses, salmon and sea trout fishing, Whisky Trails, seaside towns, market burghs and turreted castles. The area boasts the most extensive and diverse tourist trade.

The hospitality industry remains a high value and sustainable sector in Buckie with the north east being a popular destination.  Demand for short, weekend and long stay break accommodation is high and the Highlander Hotel is ideally situated to take full advantage and meet that requirement.

 

The Business

The Highlander Hotel is owned and operated by experienced hoteliers who have completely refurbished the property to a very high standard throughout.  It is a successful, well established hospitality business that trades extremely well, generating high revenues from all three income streams. This highly profitable business also benefits from year round trading.

Popular locally as a food and drinks establishment, the restaurant is renowned for high quality cuisine, attracting visitors from far afield to sample the excellent selection of freshly produced meals that are on offer. A selection of dining experiences and menu options are available including al fresco dining during the warmer months.  The public bar and games room are extremely popular with both locals and visitors and benefits from a constant trade which sees healthy wet sales.

The business also maintains a great reputation for offering comfortable accommodation and is a favoured retreat for the many business, leisure and recreational visitors who frequent the area. It’s central location and excellent reputation for both standard and service ensures that the business maintains high occupancy levels throughout the year while generating high numbers of forward bookings from repeat custom.  

The proprietors have chosen to reduce daily trading hours in order to create a comfortable work/life balance that suits their needs. Please note that this is in no way a reflection of trading potential or the demand for its services.  Day time food and bar services are not currently offered on weekdays however there is a significant level of demand for both during these trading hours.  New owners could chose to increase the trading patterns to increase profitability or maintain the current level of activity providing a good level of income.

Operated with the aid of modest staffing assistance, this is an easily managed and well run business that enjoys much repeat custom. The hotel maintains a consistent trade with a strong turnover while the property is in immaculate condition throughout, new owners will be able to commence immediate trading and benefit from a healthy income.

 

The Property

Split over two and a half floors, this fine property is in excellent condition and has been well presented throughout having been refurbished to a very high standard. Offered in true walk in condition, all rooms boast high ceilings and are tastefully furnished and decorated.  

From the front of the property, guests pass through an enclosed court yard before entering the hotel via a double glazed glass panel door.  Visitors are presented with a small porch that leads via a further glazed door to the spacious reception hallway with spiraling stairs leading to the upper floors of letting rooms.

From the hall on the right is the relaxing 32 cover contemporary restaurant while on the left is the 24 cover dining room which is ideally suited for breakfasts, private dining and small functions.  Both rooms are presented with a variety of free standing tables and chairs set in spacious layouts and benefit from larger window frontage providing substantial natural light creating bright comfortable spaces.

To the rear of the hallway is the relaxing lounge bar which is presented with a range of comfortable sofas and tables, a service bar and coffee point, juke box and a large flat screen TV for all essential sports coverage.  Benefiting from its own separate entrance this is a popular local’s bar that includes a separate games room to the rear that houses a pool table. Leading from the games room, visitors are further presented with a small sun room that offers views and access to the rear/beer garden. 

A large fully equipped and well maintained commercial kitchen with extensive surface and food preparation areas is located at the rear of the property on the left. The room is serviced by a generous prep room, freezer room, dry store, beer cellar and laundry room.  The ground floor also includes conveniently located ladies, gents and disabled (with baby changing provisions) WC facilities.

The hotel benefits from 6 comfortable letting rooms located on the first floor consisting a mix of accommodations. These bright rooms are well presented and have been individually decorated offering modern features including 5 rooms with en-suite bath or shower rooms. A separate bathroom with three piece suite is provided for the sixth room.  A functional office is also located on the first floor.

The owner’s accommodation occupies the second floor and comprises a double bedroom, sitting room and bathroom.  There is scope to extend this accommodation with plans having been drafted to create the same.

This grand c.1880 Victorian building with rear extension occupies a prominent trading position with roadside presence on the town’s West Church Street. 

The property is enclosed at the front by a small stone wall with cast iron railings behind which stone chippings and a central path present a pleasing first impression.  A well maintained and enclosed garden mainly laid to lawn with flower beds and a good sized paved patio is located at the rear.  The patio area serves as a parasol beer garden in the summer and further benefits from floodlighting.  A small parking area for 4 cars and a private double garage used by the owner’s area located at the rear of garden.  Ample on street parking is available to the front of the property.


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business information

Sale price: £325,000
Tenure : Freehold
Status: Available
Sectors:
Pubs and Hotel Property
Guest Houses
Hotels and Motels
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