Eastbank Hotel, , 11-17 High Street, Rothes, Aberlour, AB38 7AU
not specified / Leisure / Hotel
For Sale
- £510,000.00
Available - Last updated: 09 July 2025
Key Features
Attractive 14 bedroom hotel located in the heart of the popular Malt Whisky Trail
1 bedroom owners accommodation
Robust business with strong recurring trade
Several development opportunities
Located in lovely and thriving town of Rothes
Highlight
The Eastbank Hotel is a substantial offering, comprising 4 separate buildings resulting in a large and flexible business proposition with the opportunity for development.
Description
The Eastbank Hotel is a substantial offering based in the centre of the lovely town of Rothes located on the very popular Malt Whisky Trail. The property comprises 4 separate buildings which have been purchased over the years. The result is a large and flexible business proposition with the opportunity for new owners to develop as they see fit.
The properties are all well-presented, offering a sound basis for the business to develop.
The business is currently operating under a local manager as the owner is located remotely from the business. At this point the owner has utilised the OYO network to promote the hotel. Over recent months this partnership has resulted in an improving trading situation.
Trade
The Eastbank Hotel is a well-established and successful trading entity in a very prominent location on a busy tourist route. Historically this was a solid performing business. The business trades 14 quality letting bedrooms in the original hotel building and old bank building which are ably supported by the public bar catering for circa 30 guests. There is the opportunity to further drive turnover by letting, the self-catering cottage adjacent to the hotel.
The hotel trades all year-round. Income streams are generated between the accommodation and wet / food sales. Food service is restricted to breakfast and the hotel has enjoyed a good level of repeat business, thus ensuring consistent occupancy levels. The business has a sound reputation locally and is supported by the local and extended community. There are a number of major projects on-going in the area which generates significant business-to-business activity.
Tourism and commercial trade are the key drivers. The North East Coast 250 passes the door and contributes to a recurring robust level of trade. The situation of the business is such that it is easy-to-locate for both those who booked via the internet, and the casual passer-by seeking accommodation / refreshment. The business is excellently signposted and is supported by a modern website (https://www.oyorooms.com/gb/96669/).
Location
Rothes is situated on the A941 about 10 miles South of Elgin and currently has a resident population of an estimated 1200 people. This beautiful town has a long-established history with whisky distilling and is on the Malt Whisky Trail. The town boasts 4 distilleries, Speyburn-Glenlivet Distillery, Glen Grant Distillery, Glen Spey Distillery and Glenrothes Distillery with a further 30 distilleries within 20miles of the town. There are local attractions such as visiting the remains of Rothes Castle, originally built in 1200, museums, castles, visitors centers and walks for wildlife watchers at the nearby river. Rothes makes a great base to explore the stunning Spey Valley and Moray Firth regions, offering mountain biking, rafting, sailing and hiking.
Rother is well connected to the main road and rail networks. The main rail line can be accessed in Elgin or Keith, both a 15 to 20 drive from Rothes. From Keith, Aberdeen, the Oil Capital of Europe, is about 1hr and 15mins away. Dyce international airport is one of the stops are you approach Aberdeen. Alternatively, you can head West from Elgin to Inverness which is a similarly timed journey. This journey now includes passing through the new Inverness Airport station, should a local or international flight be required.
Golf is also a popular attraction within the area with many golf courses within a short drive. The Moray coast has some stunning white sandy beaches; the most notable being at Findhorn and Culbin. The River Spey is a famous salmon river but also plays host to a range of river activities to include white water rafting, kayaking etc. The wide-ranging countryside offers fantastic walks and the Cairngorm National Park with its excellent activity centers and mountains is a short drive away. The Eastbank Hotel could benefit further from trade generated through tourism; the area has a number of camping/caravan parks, numerous B&B’s/guest houses plus self-catering accommodation. Local amenities including schooling, social and welfare facilities are of an excellent standard.
Accommodation
Owners Accommodation
The owners’ accommodation is a one bedroom facility, with a limited mobility shower room, sauna, sauna changing area, toilet and lounge. This was redeveloped in 2009 to act as a gym, it could equality be used as a self-catering unit with the additional of a kitchenette unit. This flexible space offers further opportunity to develop the accommodation options within the hotel.
GAMES ROOM
Behind the old bank building there is a large roomed building which house a pool table and darts board. This area offers the opportunity to encourage locals to form darts and pool teams thus boosting wet sales
Terms
Reason For Sale
The owners have operated the hotel for many years. A change in personal circumstances brings this excellent business proposition to the market.
Rates / Council Tax
The Eastbank Hotel has a rateable value of £15,900, reference VR27339, split as £14,500 non-residential and £1,400 residential (as at Apr 2023). Qualifying businesses will be able to offset some of the cost against the small business rates relief scheme. The owner’s accommodation within Eastbank Hotel has a council tax banding of ‘B’.
Finance and Legal Services
ASG Commercial Ltd is in touch with a variety of different lenders who can provide specialist finance. We will be delighted to discuss your financing requirements with you and make an appropriate introduction where appropriate. We also have many contacts in the legal profession who can assist in all legal matters arising.
Property Quote Price(s)
| Description | Sale type | Guide price | Price type |
| Eastbank Hotel |
For Sale Freehold
|
£510,000.00
| NA |
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