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Grant Arms Hotel, 42 High Street , Fochabers , IV32 7DX

not specified / Leisure / Hotel

For Sale - £449,000.00

Available - Last updated: 17 September 2024

  • A well-maintained independent hotel located in the centre of Fochabers.
  • This popular hotel enjoys an excellent reputation.
  • Profitable and well-run business trading all year round.
  • Comprises 8 spacious and well-appointed en-suite letting rooms, lounge bar and café / breakfast area.
  • Private owners’ accommodation, well equipped service areas and well-maintained beer garden to rear.

 

Location

Situated in the centre of Fochabers, the property is an ideal central location for touring and exploring Morayshire and Aberdeenshire.  Fochabers was founded in 1776 by Alexander Gordon the 4th Duke of Gordon and is built on a grid with wide streets.   There are a number of historically interesting buildings within the town and the wider area.

 

The town centre of Fochabers has a good range of retailers, there are delightful small bespoke shops as well as a useful local supermarket. It also offers a museum, arts gallery, gym, bowling club, cricket club as well as a post office and doctor’s surgery.   Schooling is provided locally at Milne Primary and Milne Secondary Schools.  One of the main local employers is Baxter’s Food, having their headquarters in Fochabers.  To the west, approximately 15 miles away, is Elgin. This is the main commercial centre of Morayshire, where amenities include banks, post office, garage services, restaurants, swimming pool, ice rink, gym, ten pin bowling, cinema and Dr Gray’s Hospital. 

 

For those who enjoy sport, there are various options, including golf, fishing, mountain biking, cycling, and skiing. The Whale and Dolphin Conservation Society as well as beautiful and beaches offer additional activities for all to enjoy.  Currently, owners organise golf and fishing packages for hotel guests.  In July, Fochabers hosts Speyfest, offering additional attractions with the best in traditional and contemporary Celtic music.

 

Accommodation

Grant Arms was originally built in the 1800s, since then extensions have been added to the rear.  The property is a substantial detached villa of traditional stone construction under a slate roof, with limited areas of metal profile roof over the extensions. It incorporates a number of desirable additions, such as en-suites and additional letting rooms. The property also benefits from a beautiful sun lounge to the front which is designed to take full advantage of the evening sunset and stunning views. 

 

Café / Breakfast Room

The Café / Breakfast room is an attractive area on the left as you enter the front of the building. The area is set to tables and chairs in various configurations together with a 3-seater sofa. This room, which provides 33 covers, benefits from recent redecoration and the installation of a generous well equipped new kitchen / servery area to the rear of the space.

 

Lounge Bar

The lounge bar has a comfortable seating area with hardwood flooring and is set with a useful mix of bar stools, bench seating and tables and chairs. The area is generously set out, resulting a lovely spacious room. The bar is pleasantly decorated with an eclectic mix of memorabilia mounted on the walls.  The bar is centrally located making it a perfectly positioned to oversee the room.

 

LETTING ROOMS

There are 8 attractive, spacious and well-appointed letting bedrooms. All rooms have tea and coffee making facilities, direct dial telephones, hairdryers, colour televisions and Wi-Fi.  Four bedrooms are located on the 1st floor with a further four bedrooms on the 2nd floor.  All rooms have undergone significant levels of successful refurbishment and modernisation since the current owners took over.

 

Rooms are configured as follows:

 

Bedroom 1 – Spacious double sleigh bed, with shower ensuite

Bedroom 2 - King bed, with shower ensuite

Bedroom 3 - Spacious double sleigh bed, with shower ensuite

Bedroom 4 - Single bed, with shower ensuite

Bedroom 5 - Double sleigh bed, with shower ensuite

Bedroom 6 – Family room with double sleigh bed and 2 single beds, with shower ensuite

Bedroom 7 - Single bed, with shower ensuite

Bedroom 8 - Twin bed, with shower ensuite

 

SERVICE AREAS

The hotel benefits from a very well fitted commercial kitchen which currently facilitates evening meals. It is fully equipped with a 4-burner and 6-burner gas range (with ovens under), 2 double grills, microwaves, 2 floor standing deep fat friers and 2 table top deep fat friers. The main cooking apparatus is located below an effective extraction canopy with grease filters.  There is a separate pass with hot cupboard and heated surface, preparation area and wash up area with a commercial dishwasher. There are excellent work surfaces throughout, a walk-in larder, several fridges, freezers and useful storage cupboards. 

 

The adjacent laundry area comprises, a tumble dryer and washing machine (currently most laundry is outsourced).  Throughout the building there is a good level of distributed storage for linen, cleaning materials and hoovers etc.  There are 2 sets of toilets local to the café / breakfast area which are bright and well presented.  There is a spacious office just inside the front door to the right. 

 

OWNER’S ACCOMMODATION

The owners’ accommodation is located to the rear of the building on the first floor. The secure accommodation comprises a large double bedroom, a smaller double bed room, lounge and bathroom all with a good level of storage.  

 

Terms

The business benefits from mains electricity, mains gas, water and drainage. Heating and domestic hot water is provided by a gas boiler. Gas is also used for cooking. The building has a fully compliant fire alarm system, emergency lighting and fire extinguishers. There is free Wi-Fi for guests.

 

Specification

This attractive sale presents a number of opportunities to develop the current business further, these could include:

Increasing the number of tables within the lounge bar

Increase the winter offering and packages for functions over that period

Develop the winter commercial trade market

Open the café / breakfast area for evening meals

 

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £449,000.00 NA

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