50 St Cuthbert Street, Kirkcudbright, DG6 4DY

Prominent Corner Position
3 Storey Hotel with Bar, Function Suite & Restaurant
Prime Development Site
Rates Exempt
Staff Quarters
Free of Tie
£XXX

Location

Kirkcudbright is a county town in Kirkcudbrightshire within Dumfries and Galloway Region lying southwest of Castle Douglas and Dalbeattie at the mouth of the River Dee, some 4 miles from the Irish Sea on the on the north Solway shore. This harbour town has a local population is around 3,500. The town which has an active fishing fleet and is renowned for its artistic connections, with small art galleries and a museum that stage exhibitions throughout the year. The Royal Hotel sits in the centre of Kirkcudbright in a Conservation Area on a prominent corner site overlooking the junction of St Mary Street (A711) and St Cuthbert Street. The A711 is the main trunk road through the town, connecting with Castle Douglas 10 miles north east. This is one of the primary junctions in the town and diagonally opposite is the Kirkcudbright Bay Hotel, and some local offices and shops

Subjects

The Royal Hotel comprises a substantial corner situated 3 storey painted ashlar stone structure traditionally built structure under pitched and slated roof, primarily fronting St Cuthbert Street but occupying the upper floors on St Mary Street. It was built c. 1860, is Category C listed and designated part of the property recorded as 35 & 37 St Mary’s Street, Royal Bank of Scotland and Royal Hotel. On the ground floor it provides a traditional corner situated public bar, a lounge/games room, dining room (40 covers), and rear function suite (120). On the upper floors are 17 en-suite twin/double/family bedrooms, although only 8 are in use as the others require upgrade. There is a commercial kitchen although not presently in use. Also on the second floor is a 2 bedroom managers flat with living room and kitchen.

The subjects benefit from separate private apartment dwelling with dedicated access. The subjects would lend themselves to a variety of uses such as divisional works to form 2/3 individual units with potential for residential dwellings at 1st & 2nd floors.

NAV/RV

The subjects have been assessed and entered onto the valuation roll with the following NAV/RV

£XXX

Price

Our client is offering the subjects on a freehold & leasehold basis. The subjects are available on a freehold basis for £XXX or leasehold for £XXXper annum on a new full repairing and insuring lease for a negotiable term.

V.A.T.

All prices and premiums quoted are exclusive of V.A.T.

Viewing

Viewing van be arranged via the sole marketing agents

Plans

Full floor plans are available on request.