The subjects comprise a traditionally built town hotel for sale of 15 letting bedrooms with bar and restaurant areas as well as a first floor function room. The property is constructed in stone with accommodation over two principal floors under a multi-pitched slate covered roof. The property has been extended to the rear with a two storey extension under a pitched slate covered roof.
( Agency Pilot Software Ref: 39389 )
Location
The Queens Head Hotel is located on Bridge Street in Kelso town centre, just off the main square. Kelso is a very affluent market town located within the Scottish Borders. The town lies within the county of Roxburghshire and sits on the junction of the Rivers Tweed and Teviot. The area has many visitor attractions including Floors Castle, the largest inhabited castle in Scotland and home to the 10th Duke of Roxburgh, Mellerstain House and Gardens, Smailholm Tower and Harestanes. The area is also very well known for shooting, fishing and country pursuits. Kelso also benefits from a championship golf course and a race course
Accommodation
Ground 312 sq m (3,358 sq ft )
First 333 sq m (3,584sq ft )
Second 228 sq m (2,452sq ft )
TOTAL 873 sq m (9,394sq ft )
Terms
STAFF The business is fully staffed, with the owner having limited day to day involvement. We understand that there are seven full time and up to fifteen part time members of staff as required. Formal written contracts are in place.
TUPE will be in effect.
LICENCE The premises benefit from a Premises Licence under the Licensing (Scotland) Act 2005.
SERVICES Mains drainage, gas, electricity and water are all connected to the property. The property also has the benefit of CCTV and burglar alarm systems.
ENERGY PERFORMANCE CERTIFICATE (EPC) The Energy Performance Certificate will be provided upon request.
RATES We are advised that the Rateable Value is £41,300.
TENURE Heritable interest. PRICE Offers over £845,000 are sought for the heritable property, the trade fixtures and fittings, furnishings and equipment, together with the goodwill of the business to be sold complete as a going concern. Stock in trade will be purchased at an additional price at valuation on the date of entry
Specification
• Extensive 15 bedroom town centre hotel
• Immaculately presented
• Cosy public bar and dining area (30 covers)
• Function space
• Planning consent approved to extend restaurant and relocate commercial kitchen
• Same owner operator for the past 12 years