Licensed and Leisure
FREEHOLD LICENSED HOTEL WITH DEVELOPMENT POTENTIAL - FOR SALE SHIP HOTEL HARBOUR ROAD, EYEMOUTH BERWICKSHIRE TD14 5HT
Fantastic business opportunity Ideal property for ‘hands on’ owners Attractive harbour side location Potential alternative residential development potential Price - offers invited in excess of £225,000
Licensed and Leisure
Description The Ship Hotel is a traditional two storey and attic stone built property with basement under a pitched and slated roof. There is a large external area to the front of the hotel with a public car park adjacent. The hotel offers accommodation over ground, first, attic and basement floors comprising a public bar with a nautical theme, restaurant with 45 covers, catering kitchen, function room and six letting rooms. It is potentially a great opportunity for a lifestyle operator. The property also benefits from a large beer garden area to the front of the property with substantial public parking on the harbour side adjacent.
Accommodation
Location
The accommodation is as follows:-
Eyemouth is a small town and civil parish in Berwickshire, in the Scottish Borders area of Scotland. It is 2 miles east of the main north/south A1 road and just 8 miles north of Berwick-uponTweed. It has a population in excess of 3,400 people.
Ground Floor
Eyemouth is not far from the small villages of Ayton, Reston, St. Abbs, Coldingham, and Burnmouth. The town's name comes from its location at the mouth of the Eye Water. The Berwickshire coastline consists of high cliffs over deep clear water with sandy coves and picturesque harbours. A fishing port, Eyemouth holds a yearly Herring Queen Festival. The coast offers opportunities for birdwatching, walking, fishing and diving. Accommodation includes several hotels, B&Bs, and a holiday park. The Ship Hotel has an almost perfect location being situated prominently at Eyemouth’s harbour, which is a popular seaside resort during the summer, whilst part of the harbour also serves for fishing. The area can get quite busy. There is also a caravan park located at the rear, that easily draws in customers and the hotel is only an hour's drive from the centre of Edinburgh. The area is a part seaside resort and part working fishing harbour which is the main hub day to day commercial activity in the town.
The ground floor of the premises is arranged to provide a public bar, restaurant (providing 45 covers), commercial kitchen, storage areas, cellar and public toilets.
First Floor The first floor accommodates 4 letting bedrooms and function room.
Attic The attic level accommodates 2 letting bedrooms.
Basement The basement comprises a good sized storage, cellar and utility areas.
Rating
Legal Costs
We understand from the Local Assessor’s website that the subjects have the following rating assessment:Rateable Value UBR (2015/16) Rates Payable
£14,900 £0.48 £7,152 (exclusive of water/sewerage)
Under the small business rates scheme announced for 2015/2016, properties with a Rateable Value between £12,000 and £18,000 may qualify for 25% relief on rates payable depending on individual circumstances. Further enquiries should be made direct to the Local Authority.
Licence We understand from Punch Taverns that The Ship Hotel holds a current Premises Licence and further information is available upon request.
Planning We have been advised verbally by the local Planning Department that the property has permission for it’s existing use.
Energy Performance Certificate
The hotel has great potential, particularly with refurbishment, to create an attractive operation. There is also scope to develop both the food and bar trade in addition to further developing the rooms and to create further letting accommodation on the first floor within the existing breakfast room. The property would particularly suit an individual or couple operating as owner occupier with the drive to take the business forward and develop the business to its full potential. Given its location adjacent to the harbour, the property also has potential for residential development, subject to the appropriate statutory consents being obtained.
Trading Information The premises are owned by Punch Taverns and have historically been leased out. We are not in receipt of any trade information relating to the business which can be relied upon by any prospective purchaser. Purchasers are therefore asked to assess their own opinion of likely sales and profitability for the business.
Unless otherwise stated, all prices, premiums and rents are quoted exclusive of Value Added Tax (VAT). Any intending purchaser must satisfy themselves independently as to the incidence of VAT in respect of any transaction.
Summary This hotel offers a long established, successful business model in a fantastic Scottish setting with potential all year multi sector trade.
Viewing / Further Information The premises are still occupied, therefore, viewing is strictly by appointment through the sole selling agent Ryden LLP
Outright ownership.
Terms
Further information or a copy of the Certificate is available on request.
The premises are available for sale. The purchase price is to include all trade fixtures and fittings. Any stock will be additional and payable at date of entry.
The Ship Hotel represents an ideal opportunity for a new operator to take the reins of a long established small hotel with bar and restaurant, located in an excellent busy harbour side location.
Value Added Tax
Tenure
EPC Rating = G
The Opportunity
Each party will be responsible for their own legal costs incurred with the purchaser being responsible for any Stamp Duty Land Tax, recording dues and VAT as applicable.
The premises are available for sale at a price in excess of £225,000 exclusive.
Andrew Macpherson Mobile 07785 951090 [email protected] Alan Herriot [email protected] Direct: 0131 473 3382 Mob: 07880 722 326
Date of Publication: October 2015
Ryden is a limited liability partnership registered in Scotland. Messrs Ryden for themselves and for vendors or lessors of t his 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 rep resentations 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 what ever in relation to this property.
A full size plan can be provided upon request
Fantastic business opportunity Ideal property for ‘hands on’ owners Attractive harbour side location Potential alternative residential development potential Price - offers invited in excess of £225,000
Licensed and Leisure
Description The Ship Hotel is a traditional two storey and attic stone built property with basement under a pitched and slated roof. There is a large external area to the front of the hotel with a public car park adjacent. The hotel offers accommodation over ground, first, attic and basement floors comprising a public bar with a nautical theme, restaurant with 45 covers, catering kitchen, function room and six letting rooms. It is potentially a great opportunity for a lifestyle operator. The property also benefits from a large beer garden area to the front of the property with substantial public parking on the harbour side adjacent.
Accommodation
Location
The accommodation is as follows:-
Eyemouth is a small town and civil parish in Berwickshire, in the Scottish Borders area of Scotland. It is 2 miles east of the main north/south A1 road and just 8 miles north of Berwick-uponTweed. It has a population in excess of 3,400 people.
Ground Floor
Eyemouth is not far from the small villages of Ayton, Reston, St. Abbs, Coldingham, and Burnmouth. The town's name comes from its location at the mouth of the Eye Water. The Berwickshire coastline consists of high cliffs over deep clear water with sandy coves and picturesque harbours. A fishing port, Eyemouth holds a yearly Herring Queen Festival. The coast offers opportunities for birdwatching, walking, fishing and diving. Accommodation includes several hotels, B&Bs, and a holiday park. The Ship Hotel has an almost perfect location being situated prominently at Eyemouth’s harbour, which is a popular seaside resort during the summer, whilst part of the harbour also serves for fishing. The area can get quite busy. There is also a caravan park located at the rear, that easily draws in customers and the hotel is only an hour's drive from the centre of Edinburgh. The area is a part seaside resort and part working fishing harbour which is the main hub day to day commercial activity in the town.
The ground floor of the premises is arranged to provide a public bar, restaurant (providing 45 covers), commercial kitchen, storage areas, cellar and public toilets.
First Floor The first floor accommodates 4 letting bedrooms and function room.
Attic The attic level accommodates 2 letting bedrooms.
Basement The basement comprises a good sized storage, cellar and utility areas.
Rating
Legal Costs
We understand from the Local Assessor’s website that the subjects have the following rating assessment:Rateable Value UBR (2015/16) Rates Payable
£14,900 £0.48 £7,152 (exclusive of water/sewerage)
Under the small business rates scheme announced for 2015/2016, properties with a Rateable Value between £12,000 and £18,000 may qualify for 25% relief on rates payable depending on individual circumstances. Further enquiries should be made direct to the Local Authority.
Licence We understand from Punch Taverns that The Ship Hotel holds a current Premises Licence and further information is available upon request.
Planning We have been advised verbally by the local Planning Department that the property has permission for it’s existing use.
Energy Performance Certificate
The hotel has great potential, particularly with refurbishment, to create an attractive operation. There is also scope to develop both the food and bar trade in addition to further developing the rooms and to create further letting accommodation on the first floor within the existing breakfast room. The property would particularly suit an individual or couple operating as owner occupier with the drive to take the business forward and develop the business to its full potential. Given its location adjacent to the harbour, the property also has potential for residential development, subject to the appropriate statutory consents being obtained.
Trading Information The premises are owned by Punch Taverns and have historically been leased out. We are not in receipt of any trade information relating to the business which can be relied upon by any prospective purchaser. Purchasers are therefore asked to assess their own opinion of likely sales and profitability for the business.
Unless otherwise stated, all prices, premiums and rents are quoted exclusive of Value Added Tax (VAT). Any intending purchaser must satisfy themselves independently as to the incidence of VAT in respect of any transaction.
Summary This hotel offers a long established, successful business model in a fantastic Scottish setting with potential all year multi sector trade.
Viewing / Further Information The premises are still occupied, therefore, viewing is strictly by appointment through the sole selling agent Ryden LLP
Outright ownership.
Terms
Further information or a copy of the Certificate is available on request.
The premises are available for sale. The purchase price is to include all trade fixtures and fittings. Any stock will be additional and payable at date of entry.
The Ship Hotel represents an ideal opportunity for a new operator to take the reins of a long established small hotel with bar and restaurant, located in an excellent busy harbour side location.
Value Added Tax
Tenure
EPC Rating = G
The Opportunity
Each party will be responsible for their own legal costs incurred with the purchaser being responsible for any Stamp Duty Land Tax, recording dues and VAT as applicable.
The premises are available for sale at a price in excess of £225,000 exclusive.
Andrew Macpherson Mobile 07785 951090 [email protected] Alan Herriot [email protected] Direct: 0131 473 3382 Mob: 07880 722 326
Date of Publication: October 2015
Ryden is a limited liability partnership registered in Scotland. Messrs Ryden for themselves and for vendors or lessors of t his 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 rep resentations 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 what ever in relation to this property.
A full size plan can be provided upon request
