Superb 12-Bedroom 4 -Star Boutique Hotel in heart of Scotland's Golf Coast
The Nether Abbey Hotel, a 4-star hotel, has been owned and operated by the same family for over 60-years, has become the "go-to" North Berwick establishment which welcomes not only repeat local custom but attracts both new and repeat visitors from North America, Europe and the UK.
Over the last 20 years the sellers have continuously invested into the hotel and it lives up to its 4-star status providing a truly first-class visit for its customers.
The Nether Abbey Hotel has an impressive established local, national and international client base and is truly that of a "turn-key" business with no immediate improvements required to the hotel but with the potential to develop in future years.
( Agency Pilot Software ref: 52213 )
Location
The Nether Abbey Hotel is located in North Berwick in the heart of Scotland’s golf coast, East Lothian. North Berwick, being a highly sought after location, is truly a fantastic destination due to its picturesque coastal setting, sandy beaches, and wonderful views of the surrounding islands. It offers a rich history with impressive castles and vibrant local culture and, of course, golf enthusiasts can enjoy world-class courses. As well as an superb golf destination, North Berwick has much to offer the leisure visitor from a climb to the “whale-bone” on North Berwick Law to a stroll around the picturesque harbour and beach area.
Accommodation
Public Areas From the front car park the main entrance leads via a vestibule into the entrance lounge with reception desk.
• Upper Front Restaurant (22)
• Music Room (40) – versatile meeting/function room
• Fly-Half Bar/Restaurant (50) with bar servery
• Conservatory Restaurant (20) – doors to terrace
• Outside al-fresco Terrace (50)
Letting Bedrooms 12 Letting Bedrooms to sleep 24
• 10 x Zip & Link
• 2 x Double 1 feature, 5 exec and 6 standard bedrooms. All ensuite: 1 x bath with separate shower, 7 x bath with shower over, 4 x shower only. Service areas
• Commercial Kitchen
• Pastry Room
• Beer Cellar Staff Accommodation\
• Bedroom with ensuite shower room Outside
• Car Parking (22 spaces)
Terms
PRICE Offers of £1,800,000 are invited for the heritable (freehold) interest in the property, the trade fixtures, fittings and equipment, together with the goodwill of the business, which is to be sold complete as a going concern. Stock in trade to be purchased at an additional price at valuation on the date of entry.
EXCLUSIONS Personal effects of the vendors. Standard industry items held under lease or lease purchase arrangements.
WEBSITE / RATINGS https://netherabbey.co.uk/ Visit Scotland – 4 Star Best Bar None, East Lothian – Gold Award 2020 Trip Advisor Rating – 4.5, Travellers’ Choice 2023
SERVICES Mains gas, electricity, water and drainage. Central heating and hot water from gas fired boilers.
ENERGY PERFORMANCE CERTIFICATE Nether Abbey Hotel –
EPC Rating – F The EPC is available upon request.
RATEABLE VALUE Nether Abbey Hotel - Rateable Value £80,000 (1st April 2023) TENURE Heritable (Freehold) / Outright Ownership
Specification
- Located in highly sought after town of North Berwick
- Range of bar; restaurant; private dining and function space
- Wonderful outdoor dining terrace
- Well established business - forecasting T/O over £1.4m (net)