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Town Centre Hotel, Bar & Restaurant, 200 King Street, Castle Douglas, DG7 1DB

not specified / Leisure

For Sale - £250,000.00

Available - Last updated: 05 January 2023

Iconic Town Centre Hotel, Bar & Restaurant

Substantial Private Car Park


Fully Renovated & Trading

23 Bedrooms 

Twin Function Suites

Held On F.R.I Lease

Expiry: 28th January 2051

Rent: Stepped Increase To £24,000p.a. in 2024

Price: £250,000 




Castle Douglas is a town of around 4,200 persons approximately 18 miles south west from Dumfries in rural Dumfries and Galloway and benefits from an expanding tourist industry, tourists being attracted into the area because of the easy access to the Solway Coast and the Galloway hills. It lies west of the town of Dalbeattie (6 miles) and east of Gatehouse of Fleet (14 miles). The hotel is situated at the corner of King Street and St Andrew Street opposite the clock tower in a secondary trading location in Castle Douglas town centre.




The Douglas Arms Hotel is understood to be over 200 years old and a former coaching inn. It comprises a substantial and extended corner 2 storey painted stone property under pitched and slated roof, the hotel being laid out to offer 23 upper floor bedrooms and large ground floor, sectioned to provide corner restaurant (with side lounge), and public bar (accessed from St Andrews Street). 


There are two meeting/small function rooms, and a large 80 cover rear function suite (Stewart Room) situated to the rear of reception desk. There is also a private, 3 apartment managers flat on the first floor. At the rear is a detached 2 storey red brick building which is not being used due to suffering fire damage around 2006. Next to this is a sheltered, walled external seating/drinking area. 


Attached to the red brick building is a steel framed industrial styled canopied roof over approximately 15 car parking spaces, accessed via a pend off King Street or from the rear from Cotton Street.


Executive Summary


Tenant: Payman Holdings 8 Ltd (Part of larger group of companies operating small hotels throughout the U.K)

Expiry: 28th January 2051

Rent: 2022-2023: £11,000p.a.

          2023-2024: £23,000p.a.

         2024-2026: £24,000p.a.

Deposit: £10,000




The property is available on a freehold investment basis for £250,000




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




Available on request




Available by appointment


Lease & Title


Available on request




Whilst it is a good idea to visit a property investment that is being marketed for sale as a customer before making a formal viewing, it is vitally important that such visits are carried out confidentially and that no approach is made to the staff, operators or customers of the business. 

Many investments are being marketed confidentially and the staff and locals may not know that the property is on the market, therefore a casual approach can adversely affect the business.  


Anti-Money Laundering 


In order to comply with anti-money laundering legislation, the successful purchaser/tenant will be required to provide certain identification documents. The required documents will be confirmed to and requested at the relevant time. 


Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £250,000.00 NA

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Will Rennie

TSA Property Consultants

0141 538 0192

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