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Rowantree Hotel, Oban, Argyll and Bute, PA34 5NX

OIRO

£1,100,000

Oban Office - 01631 566 122

To make an enquiry, arrange a viewing or request a free market appraisal of your own property call Mairi Kennedy on 01631 567 799 or contact Mairi via Email.

Schedule

Overview

  • Efficient and profitable 24-bedroom town centre hotel
  • High profile Oban main street location
  • Open plan modern bar/restaurant/lounge
  • Established business & excellent profits on T/O £794,291 (net) March 2017
  • EPC Rating = G

Description

The Rowantree Hotel has been extensively refurbished and upgraded by the current owners creating a high quality and boutique style hotel
atmosphere, the success of which is reflected in the improving turnover and profitability over the years.

The hotel's central location to Oban ensures a significant amount of walk in customer from locals and visitors alike to enjoy the restaurant and bar facilities and patio terrace.

With the owner's decision to sell the Rowantree Hotel, to facilitate retirement, the availability offers a wonderful opportunity to purchase a profitable business in good order throughout, in a good location and in one of West Scotlands most popular destinations.

THE PROPERTY
Of a contemporary construction the Rowantree Hotel has its principal accommodation over 3 main levels as follows.

PUBLIC AREAS
From George Street steps lead up to the main entrance which accesses into the open plan public areas. Immediately to the left is the Lounge Area featuring a selection of seating including low level armchairs plus hardwood flooring and an unusual feature, modern inglenook style fireplace. To the rear is the Reception counter with office behind. To the right of the main entrance is the main bar area which is open plan to the Steak House Grill Restaurant which is incorporated into the Conservatory area at the front of the hotel. From the Conservatory there is access to the Patio Terrace overlooking George Street. Parking is also availavle to the rear.

LETTING BEDROOMS
24 Letting Bedrooms to sleep 48 (13 Double; 10 twin; 1 family). All the rooms have ensuite bathroom facilities. Bedrooms are located on the first and second floors of the hotel, 12 at each level. All of the bedrooms are attractively, and simply, decorated and furnished and are equipped with colour television, tea/coffee facilities.

SERVICE AREAS
Main commercial kitchen; wash up and prep area, walk in chill; pantry; beer cellar and bottle store.

Location

Oban, one of the busiest town's on the West of Scotland, is both a regional centre and a very popular tourist destination with excellent facilities including shopping, schools, hospital and other recreational and administrative facilities. It has an active commercial harbour providing both a regular ferry service (CalMac) – the "Gateway" to the Hebrideas and is the base for Northern Lighthouses and remains an important fishing port.

Oban also enjoys regular train service, with the railway terminus on Oban waterfront a short walk from the hotel, which provides rail connections to Glasgow and onwards to the UK rail network. In addition, Oban is a popular home port and cruising destination for the growing number of yachtsmen who explore this wonderful sailing area of West Scotland every year. Truly, Oban is where the commercial and any business aspect of any regional centre have mixed well with being an outstanding and popular leisure destination.

Location

Directions

Fort William 49 miles, Stirling 89, Perth 90, Glasgow 101, Edinburgh 125 On entering Oban on the A85, from Connel, traffic is"channelled" into a one way system along George Street and the Rowantree Hotel will be easily seen on the left hand side and is close to the esplanade.

Important Notice

These sale particulars were prepared on the basis of information provided to us by our clients and/or our local knowledge. Whilst we make every reasonable effort to ensure that they are correct, no warranty or guarantee is given and prospective purchasers should not rely upon them as statements or representations of fact. Furthermore neither Bell Ingram LLP or its partners or employees assume any responsibility therefore. In particular:

  1. prospective purchasers should satisfy themselves as to the structural condition of any buildings or other erections and the state of repair of any services, appliances, equipment or facilities;
  2. any photographs included in these particulars are for general information only and any furniture or contents shown in these photographs are not included in the sale unless this is expressly stated in these particulars; and
  3. any descriptions, measurements or dimensions quoted are approximate only and references to conditions, planning permissions, services, usage, construction, fittings & fixtures and moveable items are for guidance only.