£825,000

10 bedroom property for sale

Cassillis Street, KA7
property property
bedrooms 10 bedrooms
property_incontent_1

Property description

The Arrandale Hotel in Ayr presents a rare investment opportunity in the heart of this popular Scottish seaside resort. This charming 3-star establishment, nestled on a quiet residential street in the oldest part of town, offers the perfect blend of tranquillity and convenience. With its prime location just a two-minute stroll from Ayr's sandy beach and town centre, the hotel is ideally situated for both leisure and business travellers. The property features 10 well-appointed rooms, including 9 en-suite and one single room with a private bathroom, all individually decorated to ensure a unique and comfortable stay for guests. The hotel's ground floor boasts a welcoming reception area, a spacious dining room that can accommodate 20 covers, and a versatile guest lounge complete with a bar, fireplace, and ample seating. A large, well-equipped commercial kitchen and utility area support the hotel's operations. The Arrandale Hotel retains many original features, including ornate cornicing, which adds character and charm throughout the building. Recent upgrades, such as a modernised fire alarm system, demonstrate the current owners' commitment to guest safety and property maintenance. Currently operating on a bed and breakfast basis, the Arrandale Hotel offers significant potential for expansion. Previously, the hotel was exceptionally busy with functions, and its restaurant and bar were open to non-residents for lunch and evening meals. The property's alcohol license and prime location near local attractions provide a solid foundation for growth in Ayr's thriving tourism market. New owners could consider reopening the restaurant for regular service, expanding the events and functions offerings, and potentially developing partnerships with local attractions to create package deals for tourists. Ayr itself is a popular tourist destination, offering visitors a range of attractions including a charming seafront, art galleries, the famous Ayr Racecourse, leafy suburbs, and excellent golfing facilities. The town's proximity to Glasgow, just 37 miles northeast, makes it easily accessible for domestic and international travellers. With 18 years of family ownership and a strong base of repeat customers, the Arrandale Hotel has established a loyal clientele. The business is currently run by the owner with the assistance of three part-time staff members, providing a solid operational foundation for new ownership. This listing presents a unique opportunity to acquire a characterful property with established clientele and substantial growth potential in Ayr's vibrant hospitality sector. The Arrandale Hotel's prime location, coupled with its blend of traditional elegance and modern comfort, makes it an attractive investment for discerning buyers seeking to enter or expand their presence in the Scottish tourism market. Tenure Scottish equivalent of freehold. Trading Information Trading information will be released after formal viewing has taken place.
Read more
property_header

Property photos

property_incontent_2

Interested in this property?

Check Your Credit Report & Score

Council tax

Ask agent

First listed

Over a month ago

Cassillis Street, KA7

Marketed by

CCL Property Ltd 62 High Street,Elgin,Moray,IV30 1BU
Call agent on 01343 610520
Contact agent

Placebuzz mortgage repayment calculator

Property price£
Deposit£
Interest rate%
Repayment period
Monthly repayment

The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

View all property for sale in Ayr

Cassillis Street, KA7 - Streetview

DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by CCL Property Ltd. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact CCL Property Ltd for full details and further information.
property_vrec_1