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The Cross Keys Hotel High St

10 Room Hotel Castle Douglas DG7 3RN £450,000 (£45,000/Room)

Investment Highlights

  • Ten-bedroom hotel with owner accommodation
  • Area is a gold Dark Sky Park - attracts many stargazers.
  • Situated in the smallest and one of the most picturesque Royal Burgh in Scotland.

Executive Summary

McEwan Fraser Legal is delighted to present to the market the Cross Keys Hotel, a ten-bedroom hotel with owner accommodation situated in the centre of New Galloway, the smallest and one of the most picturesque Royal Burgh in Scotland.
The Hotels accommodation, public bar and restaurant are a popular choice with the locals, local businesses, and hotel guests, the hotel attracts many leisure visitors to the area for golf, walking, cycling, fishing, motorbiking and, as this area is a gold Dark Sky Park - stargazers.
The main entrance gives open access to the reception hall on the ground floor and is situated to the front of the property. Here, you will find the first of the 10 en-suite bedrooms, as well as the restaurant, breakfast room, games room, and bar. The well-equipped commercial kitchen is also situated on the ground floor and has everything required to service the public areas. The laundry and ladies and gents WCs are located to the rear of the property.
The further nine en-suite bedrooms are located on the first floor and provide a variation of double and family rooms. The one-bedroom owners suite is located on the first floor and offers a spacious lounge, dining kitchen, and master en-suite.
Externally the hotel offers a large car park to the rear and, up several steps from the car park, is a large garden.
The current owners have built and maintained good relationships with trades and have good processes in place making this opportunity an easy and lucrative investment.
Overall, the Cross Keys Hotel offers an exciting investment to own and live in premises located in a popular area with massive potential for growth.
Tenure: Freehold.
Services, mains water, gas, electric and drainage.
Accounts: Will be made available following a formal viewing or note of interest by your solicitor.
Electricity Supply: SP Energy Networks
Water Supply: Scottish Water
Sewerage: Scottish Water
Mobile Coverage: 4G

Attachments

Brochure

Property Facts

Price £450,000
Price Per Room £45,000
Sale Type Investment
Tenure Freehold
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 0.02 AC
Building Size 4,062 SF
No. Rooms 10
Number of Floors 2
Year Built 1753

Amenities

  • Restaurant

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 10 £52.00 -
  • Listing ID: 34032729

  • Date on Market: 29/11/2024

  • Last Updated:

  • Address: High St, Castle Douglas DG7 3RN

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