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ref: 307913

Popular Castle Douglas town centre hotel for sale

Offers Around £550,000 (€627,275 approx)
Kings Arms Hotel, 31-33, St. AndrewStreet, Castle Douglas, DG7 1EL
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Historic building and former Coaching Inn, now popular hotel in Castle Douglas town centre
10 bedrooms; range of bar and restaurant areas
Spacious 3 bedroom flat for owners
Steady established business, T/O circa. £450,000 (net)
EPC Ratings - C&G


Situated in the heart of Castle Douglas, The Kings Arms Hotel is a thriving town centre establishment serving tourists and locals alike. Set in the picturesque region of Dumfries and Galloway, the hotel hosts a year-round trade of golfers, bikers, cyclists, hikers and sight-seers keen to take advantage of the area's outstanding natural beauty. The hotel also remains a firm and trusted favourite within the local community, and is home to the weekly Rotary Club, Young Farmers' Association and annual Waterloo Dinner, among other notable local events.

The Kings Arms retains rural Scottish charm, while also boasting a variety of modern bar and restaurant facilities to serve a broad clientele. Its ten recently renovated bedrooms are attractive and comfortable, providing guests a home away from home. In addition, the hotel boasts a very spacious 3-bed flat for staff, allowing either a home for new owners or an opportunity to hire residential staff. An adjacent two-bedroom flat, used for self-catering purposes, is available for purchase and is an excellent asset to the hotel's accommodation.

Castle Douglas' enviable position on the A75 Euro route, linking the M6/M74 at Gretna Green to Stranraer and Cairnryan; the Northern Ireland ferry terminal, renders it a busy market town, with easy access to the beaches of the Solway Coast, the Galloway Hills, 7Stanes Mountain Biking venues and the UK's first 'Dark Sky Park' at Galloway Forest. The Hotel has been owned and operated by the same family for over 24 years and provides an established and steady business with room for further development. Available in addition is an adjoining 2 bedroom flat used for self-catering purposes.

The Kings Arms Hotel is a fantastic opportunity for new entries to the hotel and licensed property trade, bringing with it years of an excellent local reputation and popularity. Regularly reviewed on Trip Advisor receiving a 4.5 rating.

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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. 22/10/2019

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