Victoria Square offers the luxury and servied of a boutique hotel, with the individual touches and warmth of welcome of your favourite home from home. This 5 Star rated restaurant with rooms is located in the shadow of Stirling Castle and within the Georgian and Victorian grandeur of the Kings Park conservation area, the setting could not be better for experiencing the historic heart of Scotland.
To the side of the original property is an impressive glazed conservatory which form a part of the Orangery Restaurant. The Orangery is developing a reputation as of Stirling's finest restaurants and the place to go to celebrate special occasions. The restaurant caters for lunches, afternoon teas and a fine dining menur for both residents and non residents. The current owners have enjoyed developing the business and are looking to sell in order to explore new ventures. They are keen to hand it over to new owners at a point whilst there is still significant growth potential.
Location
The property is situated within the Kings Park area of Stirling, 5 minutes walk from the town centre. The surrounding area is predonimently residential with Stirling Golf Club situated 100 yards to the west. The building is overlooked by Stirling Castle to the north, one of the principal tourist destinations in Central Scotland. Stirling is often referred to as 'The Gateway to the Highlands' with the Ochil Hills providing a picturesque back drop to the town.
Situated at the top of the central Scotland motorway network, the town is easily accessible with the M9 leading south east to Edinburgh (40 minutes) and the M80 leading south west to Glasgow (30 minutes). Many tourists pass through Stirling to journey north to the Highlands and it is the perfect base for exploring Central Scotland, with the area popular with walkers, cyclists and golfers being within easy reach of the Ryder Cup venure, Gleneagles, and the numerous Championshhip courses around Fife and St Andrews.
Accommodation
Letting Accommodation - The letting accommodation consists of 10 ensuite letting bedrooms.
All the rooms have an individual layout and are presented to an excellent standard throughout.
High quality solid wood furniture is provided throughout with rooms benefitting from high ceilings and original cornicing features synonymous with traditional Victorian construction.
Public Accommodation - The property has a large ground floor residents lounge which is available for guests throughout the day and is utilised by dinner guests for pre or post dinner drinks.
The impressive room overlooks Victoria Square with a large bay window and includes original cornicing and a wood burning stove contained within the original fireplace.
The Orangery Restaurant - The Orangery restaurant makes use of both the main dining room and conservatory/orangery depending on trade weather. The main dining room has a mix of semi-fixed leather bench seating and moveable furniture.
The conservatory extension has mosaic tiled flooring and small selection of moveable furniture overlooking leafy Victoria Square itself.
Terms
Opportunity - This is an opportunity for a purchaser to take over award-winning, well-established and still growing business in the heart of Scotland. The property has been very well maintained no capital expenditure required, being exceptional walk-condition.
The business is the only 5 Star rated accommodation in Stirling, which reinforced by its No.1 position on Trip advisor. The current owners do not live on-site, there an attic apartment and lower ground floor level room that are used two live-in members of staff.
The whole of the lower ground floor levfel was previously utilised as owners' accommodation and includes an open plan kitchen and lounge area.
As such there is potential to use some or all of the lower ground floor garden rooms as owners’ accommodation if a buyer wished utilise property for their own living purposes.
The business has traded profitably for years and updated trading information will be provided to serious parties on viewing the property.
Price - Offers in the region of £1,350,000 are sought for Freehold interest. Fixtures and fittings (less some specified personal artwork) within hotel all included sale as a TOGC.
Staffing - The hotel is operated by the current owners with a full compliment of staff. Current staff members will pass over with a sale of the business as a going concern, under TUPE legislation. Contract details can be provided on request.
Rateable Value - The Rateable Value (2023) is £31,450
EPC Rating - G.
Specification
- Visit Scotland 5 Star gold rated accommodation business in the beautiful Kings Park conservation area of Stirling beneath Stirling Castle
- Flexible accommodation with 10 boutique style ensuire bedrooms
- 32 cover restaurant - The Orangery Restaurant.
- Residents' Lounge
- Staff accommodation
- Private gardens and car park
- Award winning and consistently rated No. 1 on Tripadvisor
- High occupancy and room revenues, but still with strong forward growth potential