Holborn Hotel, , Holborn Hotel, Thurso, Caithness, KW14 7BQ

Key Features
Outstanding small hotel in an excellent central trading position on the North Coast 500 route

Comprising 7 comfortable letting bedrooms, Red Pepper Restaurant, and Bar

Strong income levels and solid profitability

Strong history of sustainable trading throughout the year

A highly successful opportunity for new owners to build on this fruitful business and take it to the next level

Freehold or Leasehold option available; details available on Leasehold on request

Highlight
Attractive 7 Bed hotel in Thurso, Caithness on the popular NC500. Including modern Red Pepper Restaurant and Bar. This year-round business has a strong history with solid income levels and profitability.


Description
The Holborn Hotel is a successful licensed hotel which enjoys an excellent trading location, in the centre of the bustling Highland town of Thurso. The building was built over 100 years ago and is of a traditional construction, stone walls with a slate roof. Over the years the building has been adjusted and extended into the well setout building we see today. The business has no single trading dependency and enjoys income across all three traditional revenue streams of beverage sales, catering and accommodation provision. Located on the popular North Coast 500 route has significantly contributed to the hotel maintaining 100% occupancy from May to September in recent years.

On the food and beverage side, the exceptionally spacious bar and covered external seating and enjoys a tremendous level of support from locals, tourists and business clientele alike. The bar is most comfortably furnished and has capacity for at least 60 seated covers internally, supplemented by a further 20 covers set outside on an area of covered smart modern decking. An excellent range of draft beers, spirits, wines and minerals are on offer, these are complemented by a comprehensive and popular bar menu for diners. The high-quality food and beverage operation combined with welcoming staff and the smart, well equipped, modern facilities give the bar a deservedly superb reputation. The introduction of music nights and booked bands has also boosted bar takings and popularity.

Whilst the bar offers a good choice of dining options, the Red Pepper Restaurant, with 40 covers, provides a more formal yet intimate dining experience. Attractive down-lighting, smart hardwood floors and well-appointed furnishings create a fresh modern setting in which to enjoy the delights of individually selected dishes from the carefully planned a la carte menu. Meals are freshly prepared using locally sourced produce where possible, with a choice of fresh fish and shellfish landed locally at Scrabster Harbour. In addition to the restaurant, the hotel has a further private dining room which proves popular for family celebrations, birthdays and business meetings where guests can enjoy the privacy of their own company.


Trade
The business community is highly active in the county resulting in a strong year-round demand for accommodation supplemented by tourists, sporting enthusiasts, North Coast 500 travellers and the many other visitors who visit the area. Bookings for accommodation come in via use of portals such as booking.com and the hotels own website. Business bookings come in via capita travel and various other websites. The level of repeat business is high.

The Red Pepper Restaurant has established a sound reputation and is very popular in the area, supported by a team of three chefs this restaurant is going from strength to strength. The bar food is also well received and the music and entertainment on offer certainly attracts clientele. New owners will benefit from the NC500 tourist traffic.

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