Freehold Offers Over 300,000. Former. Castle Campbell Hotel Dollar

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Hubert McDaniel
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1 Freehold Offers Over 300,000 Former Castle Campbell Hotel Dollar

2 Castle Campbell Hotel 11 Bridge Street Dollar FK14 7DE 9 Letting Bedrooms Lounges & Bar Restaurant Function Room Village Bar Owners/Staff Accommodation Car Park Not Trading Sold as seen no warranties provided Offers Over 300,000 Freehold INTRODUCTION This former coaching inn is situated in the much sought after small town of Dollar, known as one of the Hillfoot Villages, located between the Ochil Hills to the north and the River Devon to the south. It is on the A91 which runs from Stirling to St Andrews. Edinburgh 34 Miles Glasgow 36 Miles Stirling 10 Miles St Andrews 38 Miles Perth 19 Miles Dollar is the home of Dollar Academy, a leading Independent Day & Boarding School Click Here For More about Dollar THE PROPERTY The property is a listed building C (S) category. Situated on a prominent corner position on the main street of Dollar this extensive building is laid out over 3 floors. The property previously traded as an all service hotel with a village bar, lounge bar, function room and restaurant and attracted trade from a wide variety of sources. This is a very popular tourist area, with many places of historic interest and scenic beauty nearby. There are an extensive number of golf courses within easy traveling distance (Dollar has its own golf club) as well as many other fine sporting and leisure opportunities. Edinburgh, Glasgow and other major tourist towns & cities are within easy driving distance and the facilities with Castle Campbell Hotel ensured that the business, when trading, attracted strong levels of trade from locals living in a wide surrounding area. The majority of the public areas are in reasonable decorative state, however the former village bar which has a separate entrance from the rear of the property requires renovation/redecoration. The bedrooms are mostly furnished and presented to a reasonable standard and all have ensuite facilities. Please note all equipment and furnishings within the property are included in the sale price, however, no warranty is provided as to their condition or if the equipment is serviceable. OWNERS/STAFF ACCOMMODATION There are a variety or rooms and offices including ensuite bedroom and lounge on the lower ground floor which have in the past been utilised as staff/owners accommodation. SERVICE AREAS A wide range of kitchen and associated areas, plus extensive storage. A range of commercial catering equipment (not warrantied as working) are also included in the sale price.

3 EXTERNAL There is a large car park to the rear of the hotel. RATEABLE VALUE The current rateable value is 40,000 (due to be revalued in 2017). SERVICES It is understood all mains services including gas is connected to the building, however the property is being sold as seen and no warranty is given as to the electricity or gas supply nor the condition of the central heating system and water boilers. LICENSE It is understood that the property no longer holds a Premises Licence. SUMMARY For many years the Castle Campbell Hotel was known to be one of the best small hotels of its kind in this attractive town. Surrounded by beautiful scenery Dollar attracts visitors throughout the year. The town is perhaps best known for being the home of the prestigious Dollar Academy. With bars, function room, 9 letting bedrooms, extensive service areas plus owners/ managers accommodation and a car park, the property lends itself to a large number of development possibilities (subject to local authority approval). Not currently trading the property does now require some investment and is being sold on a as seen basis with no warranties or certification available. TRADING FIGURES Historic trading figures are not available. EPC Energy Rating G PRICE The asking price is offers in excess of 300,000 to represent the heritable property, goodwill, fixtures and fittings. VIEWING Strictly by appointment via the sole selling agents Cornerstone Business Agents. Phone or info@cornerstoneagents.co.uk. OFFERS All offers couched in Scottish legal terms should be submitted to the sole selling agents.

4 Cornerstone Business Agents The Walled Garden, Bush Estate Midlothian EH26 0SD Phone Fax E mail info@cornerstoneagents.co.uk

5 IMPORTANT NOTES RE. THIS BUSINESS Sales Particulars & Web Listings Please note any information contained in sales particulars or web listings for businesses being marketed by Cornerstone Business Agents is intended for general guidance only and should not be taken as statements of fact. Prospective purchasers should always seek independent professional advice before committing to purchasing a business. Viewing Appointments Whilst it is a good idea to visit a business that is being marketed for sale as a customer before making a formal viewing, it is vitally important that such visits are carried out confidentially and that no approach is made to the staff, owners or customers of the business. Many businesses are being marketed confidentially and the staff and locals may not know that the business is on the market, therefore a casual approach can adversely affect the business. Formal viewing appointments should always be made via Cornerstone Business Agents by calling or completing our viewing request form. If you wish to cancel an appointment or will be delayed please inform Cornerstone as soon as possible. During out of office hours please call the business direct - however only speak to the person to whom your appointment is with. Please drop us an at info@cornerstoneagents.co.uk or give us a call on after you have viewed to let us have your thoughts and feedback on the business you have viewed. Trading Figures & Accounts As sales particulars are readily available to be downloaded from the internet it is rare that confidential trading figures are included in sales particulars. For reasons of confidentiality accounts are in most cases only available after a formal viewing. We understand that this can cause problems as it is pointless viewing a business that is not affordable. We therefore suggest that you call Cornerstone and ask for the agent handling the sale who will give guidance on trading levels and profitability before you view. PLEASE NOTE THERE ARE NO TRADING FIGURESAVAIALBE FOR THIS PROPER- TY. Business Finance There are a wide range of funding options available to assist with a business purchase. Cornerstone work with a wide range of lenders and commercial finance brokers to ensure that purchasers of our clients businesses obtain the most advantageous funding facilities available. Please contact us if you would like to discuss business finance options with one of our independent specialists. We strongly advise that business purchasers discuss funding criteria with a specialist broker at an early stage. Discussing funding criteria with a single lender is unlikely to result in the best funding solution being found. Please call to speak to one of our finance specialists. Legal Aspects of Buying a Business in Scotland You will need to instruct a Scottish solicitor to act on your behalf when buying a business in Scotland. Scottish law differs from English law. It is important to instruct a solicitor who is experienced in buying the type of business you are considering.

KIRKTON INN, 123 MAIN STREET, DALRYMPLE, AYR, KA6 6DP

KIRKTON INN, 123 MAIN STREET, DALRYMPLE, AYR, KA6 6DP GUIDE PRICE 175,000 + VAT (Freehold) REF. 953 Substantial Hotel Premises Currently closed 12 letting bedrooms Public bar and lounge bar Breakfast room & dining room Extensive car park to rear Located close