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Hotel In Popular Tourist Location , The Stag Hotel, 21-23 High Street, Moffat, DG10 9HL

not specified / Leisure / Hotel

For Sale - £250,000.00

Available - Last updated: 18 January 2021

The subjects comprise a licensed hotel, restaurant and bar contained within 2 storeys and attic buildings with mainly single storey side and rear extensions. The subjects are predominantly of stone and brick construction with pitched slated roofs.

Ground floor - accommodation comprises a reception, lounge and pool bar, restaurant, kitchen and store rooms, laundry room and toilet facilities. There is further storage/ cellar space accessed externally at the rear. There is also an enclosed, and slabbed, beer garden area with bench seating.

First Floor – This provides 5 en-suite bedrooms (1 single, 2 double, 1 twin and 1 family room). In addition there is an office and a separate bathroom. There is also an unused one bedroom duty managers flat, accessed off the pool bar.

Second Floor – This provides 2 en-suite bedrooms (1 single and 1 twin) plus a separately accessed staff bedroom.

There is a single storey annex/extension fronting High Street which provides 2 further guest bedrooms.

Location

Moffat is a Victorian spa town lying on the River Annan in Dumfries and Galloway. The town is situated just off the M74 (junction 15) and, as a consequence, it is a popular destination for people travelling between Scotland and England being 41 miles from Carlisle, 21 miles from Dumfries and 54 miles south of Glasgow.

Moffat is popular with walkers and outdoor enthusiasts, being close to the Southern Upland Way and the nearby Moffat Hills. Moffat also has a renowned golf course, designed by Ben Sayers, and the picturesque town centre provides a vibrant hub of amenities such as shops, hotels and restaurants, all in close proximity to the subject property.

Accommodation

From measurements taken on site we calculate the approximate following floor areas of the main ground floor accommodation as follows:-

Restaurant: 20.7 sq.m. (223 sq.ft.)

Lounge Bar: 28.8 sq.m. (310 sq.ft.)

Pool Bar: 28.2 sq.m. (303 sq.ft.)

Kitchen: 11.80 sq.m. (127 sq.ft.)

As mentioned above, there are ancillary areas at ground floor and these facilities, together with the upper floor accommodation are shown on the attached layout plans.

Terms

RATES - The subjects are entered in the current Valuation Roll with a Rateable Value of £23,400. Please note that a new occupier has the right to appeal the current assessment.

TENANCY DETAILS - Although the subjects are currently occupied and trading, the wubjects will be sold with vacant possession.

PRICE - Offers over £250,000 are invited for our clients heritable interest in the subjects

EPC - A copy of the Energy Performance Certificate is available upon request. The EPC rating is G.

VAT - Our clients have elected to waive exemption to VAT and accordingly VAT will be payable on the purchase price. It may be possible for the transaction to complete by way of a TOGC, however, interested parties will require to seek their own financial advice in this regard.

LEGAL COSTS - Each party to be responsible for their own legal costs incurred during the transaction.

ENTRY - By mutual agreement however immediate entry following conclusion of missives is available.

Specification

  • Situated within the heart of Moffat town centre.
  • Victoria spa town popular with tourists and leisure/outdoor enthusiasts.
  • Highly accessible to M74 and links to Glasgow and Carlisle.
  • Restaurant, lounge and bars plus beer garden.
  • 9 en suite bedrooms plus staff and managers accommodation.
  • Offers over £250,000 invited.

Property Quote Price(s)

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

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Contact agents

Graeme Todd

DM Hall

0141 432 0877

Jacqueline King

DM Hall

01698 225087



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