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ref: 208442

Charming country 10 ensuite bedroom hotel in popular Conservation Area.

Available
Marketing
Price
Offers Around £375,000 (€427,688 approx)
Location
Cross Keys Hotel, High Street, New Galloway, Castle Douglas, DG7 3RN
Property Type
Hotels
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KEY FEATURES



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Close to Southern Upland Way, New Galloway Forest Dark Sky Park & Loch Ken.
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Easily managed good class characterful facilities.
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3 restaurant areas; bar/bar lounge; large car park and 1-bed owner’s flat.
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Purposely trading below middle VAT threshold – significant scope to develop business.
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EPC Rating = G

DESCRIPTION


The Cross Keys can trace its roots back to 1737 as a coaching inn and, at the turn of the last century, the hotel incorporated adjacent properties including the police station to form, what is now, a good class country village hotel. The property is in excellent condition and offers further scope for development (subject to consent) with a large rear courtyard and garden area. Within the local hospitality trade, the Cross Keys Hotel has deliberately aimed at being a relatively low volume/good quality unit, and has built up a loyal following from local and tourist trade. The Cross Keys is a compact and easily managed hotel providing a comfortable “home and income” with an enjoyable and rewarding lifestyle.

New Galloway lies within the Ken Valley, a Biosphere and Conservation Area of outstanding natural beauty. It is the smallest Royal Burgh in Scotland and retains its original charm from a bygone age. The Cross Keys is centrally located within the picturesque village, which has good local amenities. New Galloway is famous for its picturesque scenery and has been a favourite with holidaymakers and outdoor sporting enthusiast of all ages and interests. Situated at the gateway to the New Galloway Forest Park, the area offers an excellent variety of outdoor pursuits including hill walking, sailing, water ski-ing, motor biking, fishing, ornithology, shooting and cycling. The Forest is also the UK’s first “Dark Sky Park” boasting some of the darkest skies in Europe, making it a brilliant place to enjoy star-gazing with over 7,000 stars and planets visible with the naked eye from the Forest Park. New Galloway also has its own 9 hole golf course which enjoys breath-taking views across Loch Ken and there are numerous other courses within a short driving distance.

The seller has owned and operated The Cross Keys Hotel since 2007. The decision to sell is to facilitate retirement offering new owners a wonderful opportunity to acquire a delightful village “inn” providing a “home income lifestyle” with scope to easily develop and grow the business.


Misrepresentation Act
Colliers International gives notice that these particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Purchasers, Lessees or Third Party should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of Colliers International has any authority to make any representation or warranty whatsoever in relation to this property. 19/07/2019

Colliers International is the licensed trading name of Colliers International Property Advisers UK LLP which is a limited liability partnership registered in England and Wales with registered number OC385143. Our registered office is at 50 George Street, London W1U 7GA.

Copyright (c) 2019 Colliers International Property Consultants Limited. Company registered in England & Wales no. 7996509.
Registered office: 50 George Street, London W1U 7GA  Tel: +44 20 7935 4499