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Alistair Letham


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ref: 306483

A neat and tidy 6-bedroom village centre hotel for sale.

Available
Marketing
Price
Offers Around £350,000 (€399,175 approx)
Location
Thistle Hotel, 25-27, New Road, Milnathort, Kinross, KY13 9XT
Property Type
Hotels
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KEY FEATURES



attribute
Well located and close to population centres; leisure amenities; and very accessible to M90.
attribute
Includes good range of bar, restaurant and function facilities.
attribute
Trading under management - annual T/O c. £240,000 (net).
attribute
EPC Rating = G.

DESCRIPTION


The Thistle Hotel is a well-known and well established hotel located in the centre of the village of Milnathort. The hotel, as do many such hostelries in this sort of location, serves not only the local community well through its bar, catering and function facilities but also, with the attractively refurbished bedrooms, a range of visitors including commercial and tourist custom.

Milnathort, is well located, and easily accessible via the M90 and is close to significant population centres. The adjacent Loch Leven and nearby Lomond Hills are “landmarks” in the locality that all aide to identify Milnathort “on the map”. Plus, for the outdoor enthusiast there are many amenities that exist - gliding; RSPB Centre; fishing; golf, walking; cycling - all on the doorstep which attract many visitors to the area that brings benefit to the Thistle Hotel.

The Thistle Hotel has been in the same ownership – a local company – since the 1980’s. The hotel is currently run under management but it is thought, now, it would be best in private ownership with resident owners who can maximise these excellent facilities. The Thistle Hotel offers a great opportunity for new owners maybe seeking their first foray into the licensed property/hotel sector.


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