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Under Offer - Superbly Presented Traditional Village Inn In The Popular Village Of Ardersier On The Beautiful Moray Firth Coast Presently Trading From Wet Sales Only But With Outstanding Development Potential For Food Trade Tastefully Appointed And Fully Refurbished Public Areas Including Lounge Bar, Public Bar And Pleasant Beer Garden for Sale

Scotland-Highlands and Islands


2 bedroom

Leasehold : £ 30,000
Freehold : £ 275,000

The George Inn is a charming establishment benefiting from a central and prominent trading location with excellent signage on the High Street in Ardersier, on the Moray Firth Coast with its attractive beach just a few minutes walk. This former coaching Inn benefits from a consistent year-round local trade, with some additional seasonal demand from visitors who holiday in this most appealing area.

Attractive and modern two-bedroom self-contained owner’s accommodation with private entrance. A simple business model and ideal proposition for first time buyers providing an attractive home and income proposition.

The George Inn is a charming establishment benefiting from a central and prominent trading location with excellent signage on the High Street in Ardersier, on the Moray Firth Coast with its attractive beach just a few minutes walk. This former coaching Inn benefits from a consistent year-round local trade, with some additional seasonal demand from visitors who holiday in this most appealing area. The business, with its strong reputation for service and quality, drives its turnover from purely wet sales making it an easy-to-operate business. It is evident that the vendors have extensively developed the infrastructure of business now presenting a most attractive facility whilst maintaining the character and charm of a thriving venture; this superbly presented establishment has excellent quality fixtures and fittings. The current proprietors intended to develop a restaurant facility and have undertaken the lion-share of building development work to provide a modern kitchen facility with only a requirement to fit out the kitchen with appliances. There is little doubt that capable new owners could enhance the trading levels of the business with the implementation of the food trade. There is certainly a strong demand and it is only the advancing years of the vendors which has prevented them taking the next step. However, the vendor’s believe that there is significant local demand to supplement income by introducing a catering led outlet.

This smart business generates trade through the provision of excellent service plus the provision of event and music evenings etc. There are two distinct bar areas. The public bar has a darts board, gaming machine, large TV, projector plus screen and pool table, making it a focus for the local community. The lounge bar is most comfortable and has a wonderful ambience; it would make an ideal restaurant with immediate access to the newly built kitchen area. The lounge bar opens into the beer garden. Both bars operate back to back for ease of staffing and benefit from a juke box. These most attractive bars are fully equipped for all the business needs including chill cabinets, ice machine and glass washer etc. Customers can choose from a wide selection of draft and bottled beers, minerals, wines and of course spirits which are conveniently dispensed from a good range of optics. The washrooms, which include a disabled WC, are presented to a very high standard. The owners’ accommodation is situated on the first floor providing a most comfortable home or an additional income stream for letting purposes.

The pleasant village of Ardersier with is population of around 970 sits on the Moray Firth with its strong association with Fort George. Fort George attracts IRO 60,000 visitors per year and the vast majority of these pass the George Inn. The village benefits from being close to Inverness Airport, Castle Stuart Golf Course and within a short drive of Inverness. The area is ever popular with a wide range of visitors whether golfing, fishing or enjoying the many places of interest within the local area including Culloden Battlefield, Cawdor Castle, Loch Ness to name a few. Golf is a great attraction in the area and there is a great choice of courses locally; Castle Stuart GC being the closest to the Inn. It has been confirmed that Castle Stuart Golf Links is set to host the Aberdeen Asset Management Scottish Open for the fourth time in six years in 2016. Ornithologists and naturalists are not short of interests here including bottlenose dolphins in the Moray Firth and the scenic north Highlands has always been a popular tourist destination whether as a convenient base to explore numerous distilleries or to visit archaeological sites and historic castles. Ardersier has excellent local facilities including shops, post office, medical centre, primary schooling etc. A full range of services and social facilities are available in Inverness (The Highlands capital) only 12 miles away.

The present owners purchased the bar in November 2004 and have enjoyed operating the business. However, it is their desire to retire from the hospitality trade that brings this charming business to the market.

PROPERTY - TRADING / SERVICE AREAS
The George Inn is a two storey stone built property under a pitched roof, built in the late 1700s with recent extensions. Entry to the public bar is directly off the High Street where patrons are welcomed into the spacious bar area which has an attractive traditional wooden servery. This area is popular for the entertainment evenings, sports nights, and quizzes. It has a darts lane plus plenty of area to accommodate a pool table. The public bar comfortably accommodate 40 customers. An archway leads to attractive lounge bar which accommodates 35 customers which has a quality tartan carpet, attractive lighting plus a wood-burning stove proving a wonderful ambience. The lounge bar has a side entrance leading to the beer garden and BBQ area. The two bars have a back to back servery. The washrooms which include ladies, gents and disabled WCs are presented to a very high standard. The new owners have developed the property by building an extension which houses a kitchen. The kitchen is almost complete with flooring and all plaster board being in situ and comprises of a food preparation area, a service area, staff WC and storage spaces. The spacious cellar off the High Street allows for ease of delivery plus there is adequate storage throughout.

OWNERS ACCOMMODATION
An attractive feature of this affordable sale is the excellent owners’ accommodation situated on the first floor with a private entrance. With its two double bedrooms, tidy kitchen, spacious lounge, modern family bathroom and study room, the unit provides a most comfortable home. Where new owners do not have a requirement for the accommodation it can be used as letting unit generating an additional source of income.

EXTERNAL AREAS
The external areas of the property extend to a timber-framed covered patio beer garden to seat up to 20 and a BBQ area set with large attractive planters. In addition there is a second beer garden off the main bar. There are hanging baskets to the front and climbing roses to the side of the building. Parking is available for up to 4 cars within the subjects.

SERVICES
The property benefits from mains electricity, water and drainage. The premises are fully compliant with Environmental Health and Fire Regulations. There is lighting to the front and side of the premises.

TRADE
Full accounting information will be provided to all seriously interested parties post viewing.

LICENCE
The business has a liquor license under the Licensing Scotland Act 2005 and a copy of the operating plan is available to interested parties, which details operating practices.

PRICE
Offers Over £275,000 are invited for the freehold interest complete with goodwill and trade contents (according to inventory) Stock at Valuation.

LEASEHOLD OPTION
Capital Ingoing Premium: £30,000. Rent: £20,500 pa, quarterly in advance. Lease Duration: 12 Years with option to purchase (100% capital repayment if within 2 years; 75% if 3 years). Leaser Type: Full repairing and insuring; lessee bears the cost of Insurance.

EPC RATING
The property has an energy rating of G.

FINANCE & LEGAL SERVICES
ASG Commercial is in touch with several lenders who provide specialist finance to the hospitality trade. Paul Hart (Director Commercial Sales) will be delighted to discuss your financing requirements with you and make an appropriate introduction. We have access to a large team of legal experts who act in all legal matters arising.

DIRECTIONS
The George Inn is located as per the map below.

VIEWING
All appointments to view must be made through the vendors selling agents:
ASG Commercial
York House, 20 Church Street
Inverness IV1 1ED
Tel: 01463236123
Mob: 07799896931
E-mail: info@asgcommercial.co.uk

OFFERS
All offers should be submitted in writing to ASG Commercial Ltd with whom purchasers should register their interest if they wish to be advised of a Closing Date if one is set.



Accommodation: An attractive feature of this affordable sale is the excellent owners’ accommodation situated on the first floor with a private entrance. With its two double bedrooms, tidy kitchen, spacious lounge, modern family bathroom and study room, the unit provides a most comfortable home. Where new owners do not have a requirement for the accommodation it can be used as letting unit generating an additional source of income.
 
Tenure: LEASEHOLD OPTION
Capital Ingoing Premium: £30,000. Rent: £20,500 pa, quarterly in advance. Lease Duration: 12 Years with option to purchase (100% capital repayment if within 2 years; 75% if 3 years). Leaser Type: Full repairing and insuring; lessee bears the cost of Insurance.

 
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123 Advert ID 43599    Sellers Ref : George Inn/BSOL

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