Property Search Registration Register Property Search Login Login
You searched for:
No Search Criteria Specified/All Properties

Documents

Brochure

Contact

Alistair Letham


Telephone
+44 131 240 7570

Quick Contact

Your Full Name 


Your Email Address 

 
Message 
 

Social Media

Share this property via social media

Facebook Link Twitter Link Linkedin Link Pinterest Link
ref: 208451

Historic 10-bedroom town centre hotel in busy Borders town for sale

Available
Marketing
Price
Offers Around £195,000 (€222,398 approx)
Location
Crown Hotel, High Street, Langholm, DG13 0JH
Property Type
Hotels
Print Page
Share Via Email  

KEY FEATURES



attribute
Historic 10-bedroom town centre hotel in busy Borders town
attribute
Full range of bars, coffee shop, restaurant, function and entertainment facilities
attribute
Includes 5-room flat for owners
attribute
Huge potential to develop leisure and local business
attribute
Superb opportunity for experienced operator or new entrant to the trade
attribute
EPC Rating - G

DESCRIPTION


The Crown Hotel, with its white painted and appealing façade, has a prominent location on Langholm’s High Street, Langholm – the “Muckle Toun” as it is known colloquially – is situated alongside the picturesque River Esk and on the main A7 Edinburgh to Carlisle road, ensuring a year round steady flow of potential custom passing through the town. Langholm, which developed on the strength of the 19th and 20th textile industries, is also well known as the birth place of Hugh MacDiarmid and Thomas Telford, The annual Langholm Common Riding (at the end of July) are celebrations of the towns historic past and are a perennial “magnet” for visitors returning to the town.

The Crown Hotel trades as a traditional town centre hotel catering through its bars, restaurant and coffee shop to locals and visitors alike coupled with the bedroom accommodation suitable and of appeal to a range of visitors – tourists; holidaymakers and commercial custom. The hotel also has 3 meeting/function areas for a range of entertainment uses including a “nightclub” style of venue (not in use). Complimenting all of this is a 5-room flat which is ideal for resident owners. The increasing popularity of leisure cycling is an area of business that is increasing and The Crown is targeting this trade, providing lock-up facilities for cyclists’ bikes.

The sellers, who are South of England based, have owned the property since 2007 with the business operated under lease tenancy arrangements until early 2019. The decision to sell gives new owners an opportunity to acquire a well-located hotel property, providing a good home and income lifestyle and with tremendous potential and opportunity to develop a great leisure and local 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