Burnett Arms Hotel, Banchory - Jan 17.pub - Realla
130 St Vincent Street, Glasgow G2 5HF Tel: 0141 204 3838 Fax: 0141 204 3554
For Sale Due to Retirement / May Let Hotel Business
BURNETT ARMS HOTEL 25 High Street, Banchory, AB31 5TD
Prominent town centre location with excellent frontage to the A93 18 recently refurbished high quality en-suite letting rooms Recently refurbished “Bus Stop” American diner Post refurbishment 6 month turnover to 30 Sept 16 is £478,841 (net) 4 bedroom staff accommodation Offers over £670,000 / rental offers in the region of £45,000 would be considered for a term of lease to be agreed
Edinburgh 0131 225 6612
Glasgow 0141 204 3838
Aberdeen 01224 58866
Viewing strictly by appointment with letting agents. Andy MacPherson M: 07785 951090 Email: [email protected] Douglas Lambie M: 07970 0792642 Email: [email protected]
Leeds 0113 243 6777
Dundee 01382 227900
Situation The Burnett Arms Hotel has an enviable location on Banchory High Street, with excellent main road frontage on to the A93 which is the main Aberdeen/Braemar Road through Royal Deeside. Aberdeen City Centre is only 18 miles away and Banchory is a prosperous town with a population in excess of 8,000 with a sizeable surrounding catchment. Banchory is the largest town in Royal Deeside and the town centre has a mix of good quality national and local retailers. The Property The Burnett Arms Hotel was constructed as a coaching inn in the mid 1800’s and has been in the same family ownership for 51 years and is only now being presented to the market due to the retirement of one of the principal family members. The property is laid out over three floors, with public areas on the ground floor and letting rooms at first and second floors. The façade of the Burnett Arms Hotel is Listed by Historic Scotland as Category B. The Burnett Arms Hotel has recently undergone substantial investment including a comprehensive update of the letting bedrooms, all of which have excellent en-suite facilities, are spacious, well appointed and in excellent decorative condition. Most recently, the public bar has been converted into the “Bus Stop” an American style diner, which is fitted out in contemporary style offering a wide menu, but specialising in gourmet burgers. The other public areas are well appointed in more traditional style, comprising a lounge bar which can seat 50, the 50 cover Coach House restaurant and a reception lounge area offering high teas which can accommodate 25. To the rear with separate access from the hotel car park, is a function suite with split level room, separate bar servery and which can accommodate up to 150 guests. At first floor level, there is a smaller conference room and residents lounge however, these trading areas could be converted into additional letting rooms if desired.
Service Areas There is a large commercially equipped kitchen, male, female and disabled toilets, linen store room and basement beer cellar. Staff Accommodation The staff accommodation is located at first floor level and comprises 4 rooms., bathroom, wc and kitchenette. This could be used as owners accommodation if required. Car Parking There is a small private car park which is lined in tarmac to the rear of the subject property. There is additional disabled car parking immediately to the front of the building directly off the High Street. Licences The Burnett Arms Hotel has a full hotel licence permitting the sale of alcohol for consumption on the premises until midnight throughout the week with a late licence on Friday and Saturday night until 1 am. Staff The business is staffed by a combination of full and part time staff. A full list of staff details can be provided after formal viewing.
Trading Information The most recent 6 month accounts to 30 September 2016 show the benefit of the refurbishment of the “Bus Stop” diner with turnover of £478,841 (net of VAT). Full certified accounts will be made available to parties after formal viewing. EPC EPC available on request. Viewing All appointments to view must be made through the vendor’s agents who are acting with sole selling rights. Offers All offers should be submitted to Ryden with whom purchasers should register interest if they wish to be informed of the closing date. Price Offers in the region of £670,000 for the Freehold (Heritable Feuhold) property are invited, complete with all fixtures and fittings but excluding personal items. Stock to be purchased at valuation. Rental offers in the region of £45,000 would be considered, for a term of lease to be agreed Publication date - January 2017
Ryden is a limited liability partnership registered in Scotland. Messrs Ryden for themselves and for vendors or lessors of this property whose agents they are given notice that: (i) the particulars are set out as a general outline only for the guidance of intended purchasers or lessees, and do not constitute, nor constitute part of, an offer or contract; (ii) all descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; (iii) no person in the employment of Messrs Ryden has any authority to make or give any representation or warranty whatever in relation to this property.
For Sale Due to Retirement / May Let Hotel Business
BURNETT ARMS HOTEL 25 High Street, Banchory, AB31 5TD
Prominent town centre location with excellent frontage to the A93 18 recently refurbished high quality en-suite letting rooms Recently refurbished “Bus Stop” American diner Post refurbishment 6 month turnover to 30 Sept 16 is £478,841 (net) 4 bedroom staff accommodation Offers over £670,000 / rental offers in the region of £45,000 would be considered for a term of lease to be agreed
Edinburgh 0131 225 6612
Glasgow 0141 204 3838
Aberdeen 01224 58866
Viewing strictly by appointment with letting agents. Andy MacPherson M: 07785 951090 Email: [email protected] Douglas Lambie M: 07970 0792642 Email: [email protected]
Leeds 0113 243 6777
Dundee 01382 227900
Situation The Burnett Arms Hotel has an enviable location on Banchory High Street, with excellent main road frontage on to the A93 which is the main Aberdeen/Braemar Road through Royal Deeside. Aberdeen City Centre is only 18 miles away and Banchory is a prosperous town with a population in excess of 8,000 with a sizeable surrounding catchment. Banchory is the largest town in Royal Deeside and the town centre has a mix of good quality national and local retailers. The Property The Burnett Arms Hotel was constructed as a coaching inn in the mid 1800’s and has been in the same family ownership for 51 years and is only now being presented to the market due to the retirement of one of the principal family members. The property is laid out over three floors, with public areas on the ground floor and letting rooms at first and second floors. The façade of the Burnett Arms Hotel is Listed by Historic Scotland as Category B. The Burnett Arms Hotel has recently undergone substantial investment including a comprehensive update of the letting bedrooms, all of which have excellent en-suite facilities, are spacious, well appointed and in excellent decorative condition. Most recently, the public bar has been converted into the “Bus Stop” an American style diner, which is fitted out in contemporary style offering a wide menu, but specialising in gourmet burgers. The other public areas are well appointed in more traditional style, comprising a lounge bar which can seat 50, the 50 cover Coach House restaurant and a reception lounge area offering high teas which can accommodate 25. To the rear with separate access from the hotel car park, is a function suite with split level room, separate bar servery and which can accommodate up to 150 guests. At first floor level, there is a smaller conference room and residents lounge however, these trading areas could be converted into additional letting rooms if desired.
Service Areas There is a large commercially equipped kitchen, male, female and disabled toilets, linen store room and basement beer cellar. Staff Accommodation The staff accommodation is located at first floor level and comprises 4 rooms., bathroom, wc and kitchenette. This could be used as owners accommodation if required. Car Parking There is a small private car park which is lined in tarmac to the rear of the subject property. There is additional disabled car parking immediately to the front of the building directly off the High Street. Licences The Burnett Arms Hotel has a full hotel licence permitting the sale of alcohol for consumption on the premises until midnight throughout the week with a late licence on Friday and Saturday night until 1 am. Staff The business is staffed by a combination of full and part time staff. A full list of staff details can be provided after formal viewing.
Trading Information The most recent 6 month accounts to 30 September 2016 show the benefit of the refurbishment of the “Bus Stop” diner with turnover of £478,841 (net of VAT). Full certified accounts will be made available to parties after formal viewing. EPC EPC available on request. Viewing All appointments to view must be made through the vendor’s agents who are acting with sole selling rights. Offers All offers should be submitted to Ryden with whom purchasers should register interest if they wish to be informed of the closing date. Price Offers in the region of £670,000 for the Freehold (Heritable Feuhold) property are invited, complete with all fixtures and fittings but excluding personal items. Stock to be purchased at valuation. Rental offers in the region of £45,000 would be considered, for a term of lease to be agreed Publication date - January 2017
Ryden is a limited liability partnership registered in Scotland. Messrs Ryden for themselves and for vendors or lessors of this property whose agents they are given notice that: (i) the particulars are set out as a general outline only for the guidance of intended purchasers or lessees, and do not constitute, nor constitute part of, an offer or contract; (ii) all descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; (iii) no person in the employment of Messrs Ryden has any authority to make or give any representation or warranty whatever in relation to this property.
