6 bedroom detached house
£339,995
Macduff, Aberdeenshire AB44
  • 5 letting rooms
  • Enviable location within the town
  • Freehold
  • Owner’s accommodation

Reference - 46333

Description
The Park Hotel is a well run and profitable business located within the popular town of Macduff. The business has been owned by the current vendors since 2016, and has under gone extensive refurbishment upgrading the building both externally and internally. The current vendors have substantially increased the business since their purchase and now offers an excellent family run business opportunity. The property has been placed on the market due to the current proprietor’s impending wish to retire from the Tourist trade. The business trades throughout the year and its quality is reflected in the number of awards it currently holds such as achieving 5 out of 5 on Facebook and 4.5 out of 5 on trip advisor. Additional marketing is carried out through its own informative website www.parkhotel-scotland.co.ukThe Park Hotel offers excellent accommodation for both guests and owners.

Situation
Macduff is a town in the Banff and Buchan area Aberdeenshire, Scotland. It is situated on Banff Bay and faces the town of Banff across the estuary of the River Deveron. The town has an aquarium, a maritime heritage centre and a golf course (Royal Tarlair). Coast Festival of the Visual Arts is an annual festival of weekend-long events and attractions in both Banff and Macduff. It runs over the bank holiday weekend at the end of May each year. Many of the nearby villages also contribute to tourism in the area; in particular Gardenstown and Pennan. The Park Hotel is a member of NE250, which is competing with North 500 for tourism. The Park Hotel occupies a commanding corner position on Fife Street, overlooking the town. There are two golf courses within a mile of the hotel.

Building Internal
The Park Hotel is a traditionally built detached Victorian property set over three floors which has been extended to offer a large public bar. The main entrance is from the front which leads into a reception hallway. To the left on entry you will find the dining room. The dining room is well presented and tastefully decorated, benefiting from wooden flooring and a feature fireplace and offers views over the front gardens and across the town to the North Sea. The dining room is well furnished and can accommodate 24 persons.
To the right on entry from the front, you will find the lounge bar. The lounge bar is currently utilized for small functions and private dining parties for non-residents. The lounge is again tastefully decorated and well presented with wooden tables and chairs capable of seating 20 persons. The lounge benefits from having its own bar, and this area can be served directly from the main bar. The lounge also gives direct access from the hotel to the public bar and is opened to the public when busy.
The Public Bar can be accessed via the hotel, off the bar lounge, or from a separate external entrance to the side of the property. The Public Bar is well presented with carpet flooring, (wooden flooring around the bar) and neutral decor. The Public Bar is furnished with wooden tables and chairs, seating 40 persons and is licensed for 120 persons.
The Public Bar also benefits from two large screen TVs, juke box and pool table.
On the first floor you will find the hotel letting bedrooms and managers office.
Ladies and Gents are well located off public areas with disabled access ramp and toilets.

Letting Accommodation
There are 5 letting bedrooms, 4 which have en-suite facilities, with the remaining having a private bathroom directly adjacent. It would require little work to add a doorway from the bedroom into the bathroom, making it en-suite. The rooms are set over the half landing and first floor. The rooms comprise of 1 single, 3 doubles and 1 twin. All the rooms are well presented and furnished. All rooms have hospitality trays and TVs.

Owners Accommodation
Located within the attic conversion and accessed via a private staircase within the office, the owners accommodation is a well presented large double bedroom with seating area, spacious walk in wardrobe and en-suite shower room. The space offers the potential to have a large lounge and double bedroom with minimal reconfiguration. On the ground floor the owners have a private dining kitchen for personal use. The kitchen is fully equipped with wall and floor units and a 6 burner gas range.

Service Areas
As expected with a property the style and size of the Park Hotel, there are ample service areas, including; a fully fitted commercial kitchen, dish wash area, laundry, pantry, spirit store, office and cellar. The property also has excellent external storage and workshop area to the rear.

Building External
The property sits commandingly within a large corner plot over looking the town and harbor. To the front of the property you will find a large car park and front gardens. This area would offer ample space to build a detached owner’s home, or extend the hotel accommodations. To the side of the property, you will find a private owners garden. This garden is laid mostly to grass with a slabbed patio area. Services
We are advised the property has all mains services.

Tenure
The property is held on the Scottish equivalent of Freehold.

Licence
The business trades with the benefit of a full Hotel Licence, and conforms to all fire regulations. The hotel is licensed for a beer garden and have tables and chairs outside.

Accounts
Accounts are available on request after a formal viewing has taken place.

Summary
The sale of The Park Hotel offers a rare opportunity to purchase a high quality, beautifully presented property and business, which is trading well but with potential for expansion of the business.

Price
O/O £339,995 are sought for the heritable property, fixtures, fittings and goodwill. Stock in trade will be additional at valuation.

Inventory
An inventory will be compiled to detail all items of a personal nature excluded from the sale and items subject to lease; this will be available to all parties wishing to offer.

Viewing
Strictly by appointment through the sellers’ sole agents, Bruce & Company. Please remember when viewing that staff and locals may not be aware that the business is on the market and we would be grateful if you do not talk openly about the business while in the area.

This property is marketed by:

Bruce & Company
First Floor, 9a South Gyle Crescent, Edinburgh
0131 268 9615
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