Offers Over 299,000 (Freehold) THE LOG CABIN HOTEL, GLEN DERBY, KIRKMICHAEL, PERTHSHIRE, PH10 7NA

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1 Offers Over 299,000 (Freehold) THE LOG CABIN HOTEL, GLEN DERBY, KIRKMICHAEL, PERTHSHIRE, PH10 7NA

2 Unique trading proposition set within the beautiful Perthshire countryside ideally situated for visitors wishing to explore the southern Highland region Well-presented, but non-trading hotel offering 13 en-suite letting bedrooms and spacious public areas Substantial potential to trade to a high level; some fixtures and fittings are in place to facilitate a quick return to business Owners / Staff accommodation comprising of 3 rooms Extensive grounds extending to around 2.5 acres with ample parking and some development potential

3 DESCRIPTION The Log Cabin Hotel is a traditional Norwegian pine building of substantial proportions which has been designed to offer an extremely high level of comfort and amenity. The property is set over a single ground floor covering a significant footprint. Rarely is such a unique property available for purchase. Situated in an elevated position in Glen Derby, the business has a glorious trading location offering a rural setting but close to the charming village of Kirkmichael and in a busy area for tourism. The hotel sits within 2.5 acres offering a significant amount of recreational and amenity space and a stunning location with beautiful views towards the hills. There is superb potential for development of further accommodation (pods or further cabins etc) subject to the necessary planning consents. The trading elements are configured to a large lounge with bar to seat around 50 guests which benefits from large open log fire. There is also a further spacious bar area which would make a perfect entertainment venue. With a back-to-back bar to facilitate sensible staff requirements, the bar also has a large stone surround open fire place. The hotel has excellent facilities for guests and service areas are well-appointed. The 13 en-suite letting bedrooms offer new owners the ability to generate a healthy proportion of income through the sale of accommodation. The business would benefit from a makeover before presenting it to customers however the trading elements are generally presented to a good standard. The quality of fixtures and fittings could result in new owners being able to commence trading within a short time-frame post acquisition. The Log Cabin Hotel presents a unique and desirable business opportunity for new motivated owners wishing to take advantage of the latent potential being offered. REASON FOR SALE This property was purchased by the vendor in 2008 and subsequently leased, as they have moved away from the area, the owner now wishes to sell the property freehold. TRADE The Log Cabin Hotel has a unique trading identity, outstanding setting and potential facilities to be a thriving business. The hotel offers excellent space for new owners to develop the business within differing trading models. There is potential for letting as self-catering/group accommodation/conferences or for use as a wedding venue, this is something that the current owner has looked into and received very positive responses from agencies dealing with large group accommodation. Due to the proximity of Kirkmichael which has a good quality hotel, the business

4 could trade purely on a bed and breakfast basis. Equally, the fine commercial kitchen would lend itself perfectly to a full hotel operation producing quality food. The accommodation trading aspects could be easily resurrected with the use of portal websites such as booking.com etc. LOCATION The Log Cabin Hotel is situated with spectacular views and is located in picturesque Glen Derby just a mile south of Kirkmichael. The village has local amenities which include a nursery school, primary school, church, fire station, hotels and a community-owned village shop with post office and filling station. Kirkmichael is on the Cateran Trail and benefits from a pathway network for walkers. The village is located 1.5 hours from Edinburgh Airport, midway between Pitlochry and Blairgowrie, both of which have secondary schools and the usual amenities. Approximately one third of the houses in the village are holiday or second homes with a permanent population of around 150. Golfers are well catered for by Blairgowrie Golf Club, with two 18-hole courses which recently held the junior Ryder Cup in For skiers and snowboarders, the Glenshee Ski Centre is 18 miles to the North. Kirkmichael is also situated just 12 miles from Pitlochry, which has a beautiful 18-hole golf course, the Festival Theatre and many outdoor activities which attract many tourists every year. For the tourist the region offers a great many attractions including castles, distilleries, historic sites, mountaineering, golfing and water sports. The area is renowned for its fishing and field sports but for many just touring the area is sufficient to meet their holiday needs. The southern gateway into the everpopular Cairngorm National Park is only 5 miles away. PROPERTY The property was constructed in the 1960s and is of mainly log construction, set on a concrete base. The building has an elevated outlook and is a single storey property. Access is from a gravel car park, there are two main entrances; one to the hotel reception and the other leading to the bars. GUEST AREAS Upon entry to the reception area, there is a well-positioned reception desk with an office to the rear. Immediately off the reception hallway is a guest lounge / waiting area. Forward from the reception desk is a further room which could be used as a treatment room or shop. Through double doors is the large spacious lounge bar with its feature central log fire. The fire offers a focal point and creates a tremendous cosy atmosphere, especially on winter nights. To the right side of the lounge is a bar servery which offers ample space to display a wide range of alcoholic beverages. To the side of the main bar is a waiter s counter which backs-on to the commercial kitchen facilitating swift service to guests. The lounge bar makes an ideal food service area. Through a corridor there are ladies and gents W.C.s and further on is the main bar. This large area has some fitted seating and again offers great potential for entertainment nights / functions etc. It has an attractive bar counter; both the lounge bar and main bar have wooden floors. From the lounge bar a corridor leads to all letting bedrooms which are located on the ground floor, ideal for guests with mobility issues. All bedrooms have some items of furniture and are configured to: Room 1 - Triple room with en-suite bathroom Room 2 - Twin plus bunkbeds with wet room Room 3 - Triple room with en-suite bathroom Room 4 - Triple room with en-suite bathroom Room 5 - Triple room with en-suite bathroom Room 6 - Triple room with en-suite bathroom Room 7 - Twin room with en-suite bathroom Room 8 - Twin plus bunkbeds with wet room Room 9 - Twin with wet room Room 10 - Twin with wet room Room 11 - Twin with wet room Room 12 - Twin room with en-suite bathroom Room 14 - Quadruple room with en-suite bathroom

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6 SERVICE AREAS The hotel has a well-presented kitchen with full extraction unit and excellent work surfaces. The kitchen comes with a walk-in fridge, 6-ring cooker and a number of freezers and appliances. There is a limited amount of crockery. The cellar is to the side of the two bars. Throughout there are linen / housekeeping cupboards, ample storage, utility and laundry rooms. OWNERS / STAFF ACCOMMODATION There are 3 bedrooms which have in the past being used for staff / owners accommodation. These rooms are situated to the rear of the property with access from service areas. GROUNDS Extensive grounds extending to around 2.5 acres come with the sale. There is ample parking to the front of the property. Within the environs of the hotel frontage are areas of patio areas which would be suitable for external seating. There are areas planted to shrubs and bushes to the front. The rear of the subjects are areas of wild growth which could be developed subject to planning. SERVICES The property benefits from mains electricity, LPG gas, and private drainage and water supply. PRICE Offers over 299,000 are invited for the heritable property plus trade contents as seen (according to inventory). WEBSITE The business does not have a functioning website but can be found on various portal websites. EPC RATING The EPC rating is G. RATEABLE VALUE The rateable value of the property is 8,800 (effective from 01 Apr 2017) and is eligible for 100% discount under the Small Business Bonus scheme for eligible applicants. 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 can act in all legal matters arising.

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8 DIRECTIONS See Map Insert. VIEWING All appointments to view must be made through the vendors selling agents: ASG Commercial Ltd, 17 Kenneth Street, Inverness, IV3 5NR Tel: Mob: (Paul Hart) (Jackie MacGregor) E: Web: 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. HOTELS GUESTHOUSES LICENSED RETAIL OFFICES INDUSTRIAL UNITS 17 Kenneth Street Inverness IV3 5NR Telephone Contains Ordnance Survey data Crown copyright and database