bayview hotel 37 shore street macduff banffshire - DM Hall

usiness salesDM HALLFORMER HOTEL PREMISESFOR SALEBAYVIEW HOTEL37 SHORE STREETMACDUFFBANFFSHIRE• PUBLIC BAR & LOUNGE/FUNCTION ROOM• 13 EN SUITE LETTING BEDROOMS• OWNER’S ACCOMMODATION• IN NEED OF REFURBISHMENT/UPGRADING• PROMINENTLY POSITIONED NEXT TO TOWN’S HARBOUR• PRICE REDUCED FOR QUICK SALEOFFERS OVER £100,000Ref: BS270002business sales15 Alva Street, EDINBURGH, EH2 4PH 0131 477 6000www.dmhall.co.uk

LOCATIONThe subjects comprise former hotel premises which occupy arelatively prominent position on Shore Street, directly opposite theharbour within Macduff.Macduff is situated on the A98 Fraserburgh to Fochabers coastal roadroute, approximately 44 miles Northwest of Aberdeen.The location of the property is shown on the undernoted plan.The subjects have been closed for some time and ground floor areasare effectively finished to a shell standard. The property would benefitfrom refurbishment/upgrading throughout.To the rear of the subjects occupying an elevated position, due to sitecontours, is a beer garden.ACCOMMODATIONWe would summarise the accommodation as undernoted:-Ground FloorEntrance hallway, public bar with male & female toilets.Lounge/function room with male & female toilet facilities. Kitchen andstore.First FloorSix en suite letting bedrooms.Attic FloorSeven en suite letting bedrooms. Owner’s accommodationcomprising bedroom, showerroom, office/lounge and kitchenette.ExteriorExternal cellar/store. Beer garden to rear.LICENCEThe subjects are closed and the new style licence, which came into effecton 1 September 2009, was not applied for. Enquires in relation to alicence should be made direct with the Aberdeenshire Council’s licensingdepartment who can be contacted on 08456 08 12 07.ALTERNATIVE USE(S)/REDEVELOPMENT PROSPECTSGiven the nature and location of the subjects, we consider that theyoffer potential for alternative uses, subject to the appropriate consentfrom the Local Authority.Enquiries in this regard should be made direct with AberdeenshireCouncil’s planning department who can be contracted on 08456 0812 07.DESCRIPTIONThe subjects comprise former hotel premises which front ShoreStreet and are of two storey and attic construction, rendered andpainted externally under a pitched slate roof. There are dormerprojections to the front, side and gable walls. The subjects have beenextended to the rear to provide the current accommodation.Internally, the ground floor comprises a public bar and an extensivelounge/function room, both served by male and female toilet facilities.To the rear of the premises is a former kitchen and store room.The first and attic floors provide the letting accommodation. Allbedrooms have en suite facilities although are finished to a relativelybasic standard. Six are arranged at first floor level and seven are onthe attic floor. Completing the first floor accommodation is anowners bedroom, showerroom, office/lounge and kitchenette which iseffectively contained in a two storey extension to the rear of theoriginal building, the lower floor providing cellar/storageaccommodation which is accessed externally.RATESReference to the Assessor's website has shown that the subjects areentered in the current Valuation Roll at Rateable Value £10,250.PRICEOffers over £100,000 are sought for the property.ENTRYEarly entry can be afforded on conclusion of Legalities.OFFERSAll offers should be submitted in Scottish legal terms to DM Hall.FINANCE/BUSINESS MORTGAGESDM Hall are in regular contact with the specialists involved in thefinancing of business and property purchases in Scotland and would behappy to effect the necessary introductions if required.VIEWINGViewing is strictly by appointment and arrangementscan be made bycontacting Beverley Mortimer at this office on 0131 477 6000(option 3) or by e-mail at business.sales@dmhall.co.ukDate of publication March 2010IMPORTANT NOTICEDM Hall for themselves and for the vendors or lessors of this property, whose agents they are, give notice that:(i)(ii)(iii)(iv)(v)While these particulars have been carefully prepared their accuracy is not warranted. Details may change after these particulars have been prepared due to circumstances outwith our control.All descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intended purchasers or tenants should not relyon them as statement or representation of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them.No person in the employment of DM Hall has any authority to make or give any representation or warranty whatever in relation to the property.All prices, premiums and rents quoted are exclusive of VAT.These particulars are provided for record purposes only and are not intended to create, nor to be relied upon as creating, any contractual relationship or commitment. Any contract shall only be entered into byway of an exchange of correspondence with our clients’ solicitors.z