The Kings Arms Hotel is a 10-bedroom town centre hotel, located in the heart of Castle Douglas, within the thriving, popular region of Dumfries and Galloway. The hotel is a town centre establishment which welcomes tourists and locals alike. Set in the picturesque region of Dumfries and Galloway, the hotel also hosts a year-round trade of golfers, bikers, cyclists, hikers and sight-seers keen to take advantage of the area's outstanding natural beauty – where the next National Park may be located.
The Kings Arms retains rural Scottish charm, while also boasting a variety of modern bar and restaurant facilities to serve a broad clientele. In addition, the hotel for sale boasts a very spacious 3-bedroom flat, ideal either as a home for owners or excellent accommodation for residential staff. Plus there is an adjacent 2-bedroom flat, currently used for self-catering purposes, which is available to be purchased in addition.
( Agency Pilot Software ref: 53365 )
Location
The business for sale is located in Castle Douglas, enjoying an enviable position on the A75 Euro route, linking the M6/M74 at Gretna Green to Stranraer and Cairnryan; the Northern Ireland ferry terminal; plus it is a busy market town, with easy access to the Solway Coast, the Galloway Hills, 7Stanes Mountain Biking venues and the UK's first 'Dark Sky Park' in Galloway.
The Kings Arms Hotel, which has been owned by the sellers for over 30 years, is a fantastic opportunity for new entrants to the hotel and licensed property trade, bringing with it years of an excellent local reputation and popularity.
Accommodation
From the street pavement, steps lead up to the hotel’s main entrance, which leads into the entrance vestibule and hotel reception from where there is access to the public areas and bedrooms.
The accommodation can be described, briefly, as follows:
Public Areas Entrance
Vestibule Reception Foyer with Reception Desk & Office behind
Snug Bar
Lounge Bar (18) with Bar
Servery Bar Lounge (14)
Restaurant (60)
Resident’s Lounge at first floor level Letting Bedrooms
10 Letting Bedrooms to sleep 21.
2 x double 4 x twin 1 x triple 1 x family 2 x single 9 bedrooms ensuite; 4 x bath with shower; 4 x shower only; 1 x bath only 1 bedroom with separate, private bath with shower room.
Terms
TRADE Extract accounts for the year ended 30th November 2023 show a turnover of £506,320 (net). Trading information will be exhibited to seriously interested parties preferably following a formal viewing.
STAFF TUPE regulations will apply to all members of staff.
LICENCE Premises Licence under the Licensing (Scotland) Act 2005.
WEBSITE/RATINGS https://www.galloway-golf.co.uk/ Trip Advisor – 4.5 Excellent Hotels.com – 9.2 Wonderful
SERVICES Mains electricity, water, gas and drainage. Central heating and hot water from gas fired boilers.
ENERGY PERFORMANCE CERTIFICATE Kings Arms Hotel – EPC Rating – G 31 St Andrew Street – EPC Rating - C The EPC is available on request.
RATEABLE VALUE/COUNCIL TAX Kings Arms Hotel - Rateable Value £30,000 (1st April 2023) 31 St Andrew Street – Council Tax – Band “B”
TENURE Heritable (Freehold) / Outright Ownership
Specification
- Well-Established 10-Bedroom
- Town Centre Hotel Located in Busy Market Town in Popular Dumfries & Galloway
- Great Range of F&B Facilities; inc Beer Garden Spacious
- 3-bedroom Private Accommodation
- Adjoining 2-bedroom flat Available in Addition
- Turnover in excess of £500,000 (net)