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Hotel & Leisure Premises For Sale, High Street, Moffat, DG10 9HL

4,166 Sq Ft / Other

For Sale - £230,000.00

Available - Last updated: 08 June 2023

The subjects comprise an established hotel, formed by an end-terraced two-storey and attic building together with a series of single and two-storey rear projections. There are also two adjacent cottages, one of which has been linked internally to the main hotel building. Car parking is available at the front, with a beer garden and external cellarage at the rear. The buildings are of traditional stone / brick construction surmounted by pitched & slated / flat fibreglass roofs. Windows are mostly of double-glazed uPVC casement design

Location

Moffat is located within the Dumfries & Galloway Region of south-west Scotland and lies on the River Annan, surrounded by rolling countryside. The town was historically developed as a spa town during the early 18th century and is now a popular tourist destination, with around 2,500 permanent residents. Due to its warm reputation amongst tourists, travellers and outdoor adventurists, Moffat has a busy commercial centre with shops mostly occupied by a complementary mix of local boutique traders. The subjects occupy a visible position on the western side of the High Street, at its junction with Reid Street, and overlook the main retailing area. Ample public parking is available along the central reservation and outer edges of the High Street.

Accommodation

Ground Floor 184.67sq m ( 1,988sq ft )

First Floor 140.12sq m ( 1,508sq ft )

Attic Floor 40.14sq m ( 432sq ft )

External Cellarage 22.14 sq m (238 sq ft )

TOTAL 387.07sq m ( 4,166sq ft )

Terms

PREMISES LICENCE The current premises licence permits the sale of alcohol during the following hours: Sunday to Wednesday: 11:00 – 23:00 Thursday to Saturday: 11:00 – 00:00 Friday & Saturday: 11:00 - 01:00 (Functions) The premises licence is transferrable through sale.

FIXTURES AND FITTINGS We are verbally advised that all fixtures and fittings are owned outright and will be included as part of the sale.

SERVICES The property is connected to mains supplies of water, gas, electricity and drainage. Space heating is provided by a gas-fired boiler serving a series of wall mounted radiators.

BUSINESS RATES & COUNCIL TAX Rateable Value: £22,200 Council Tax: Band A

ENERGY PERFORMANCE CERTIFICATE (EPC) Energy Performance Rating: Pending

PRICE & VALUE ADDED TAX Purchase offers over £230,000 are invited. We understand that the property is VAT elected.

LEGAL COSTS Each party will be responsible for their own legal expenses however, in the normal manner, the purchaser will be responsible for LBTT, registration dues and VAT where applicable.

PLANNING The subjects are long established as a hotel premises and therefore benefit from a Class 7 (Hotel) consent, however, the property may be suitable for residential conversion, subject to the necessary Local Authority consents.

Specification

  •  ESTABLISHED HOTEL PREMISES 
  • SEVEN ENSUITE LETTING ROOMS 
  • ATTACHED OWNERS COTTAGE 
  • PRIVATE BEER GARDEN 
  • VISIBLE POSITION IN POPULAR TOURIST TOWN

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Stag Hotel For Sale £230,000.00 NA

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Contact agents

Fraser Carson

Shepherd Commercial

01387 334024



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