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Just added
Freehold
Offers over
£549,000
Hotel for sale
Stags Head Hotel KW10, HighlandLocal area information
Property location
Nearby amenities
- Golspie Primary School 0.2 miles
- Golspie High School 0.2 miles
- Golspie 0.4 miles
- Dunrobin Castle 1.3 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- Our Ref: P89
- Attractive fully licenced small hotel
- Located in an excellent trading position on the popular North Coast 500
- Trades throughout the year generating a good level of turnover and profits
- Includes a popular public bar, modern restaurant, ballroom and 5 attractive letting bedrooms
- Spacious and comfortable owners’ accommodation and well-equipped service areas
Description
The Stags Head Hotel is a substantial detached property dominating the centre of Golspie. The original building was built in the late 1800’s and has been developed and extended a number of times over the years. Purchased by the current owners 2003, the building has enjoyed some significant upgrades to create this very successful operation.
The hotel is very well-known and enjoys a good reputation for the quality of the provision offered. With a very good reputation as evidenced on TripAdvisor with a score of 4.5, there is no doubt that the purchase of The Stags Head Hotel offers an exciting opportunity. The business currently trades year-round, with the majority of trade occurring during the main tourist season (April to October). This hotel offers guests a great standard of accommodation throughout with the 5 letting bedrooms being of a good standard. The owner’s accommodation is spacious and comfortable and would be suitable for a family.
Reason for sale
Having purchased the property in 2003 the current owners have upgraded the facilities to create the lovely property it is today. They are now ready to retire which brings this successful business to the market.
Trade
This profitable business currently employs a loyal and locally sourced team of staff. They are used to working throughout the business resulting in the staff provision being both flexible and robust. The business operates all year, closing very few days in the year. In the winter the hotel operates with a reduced offering due to lower demand. Over the winter months the room trade is mostly for local and commercial patronage, some of whom are regular visitors to the hotel. The hotel benefits from being independent of the brewery companies.
The current owners are central to a number of events in the village. Namely, the gala week, they sponsor 2 local football teams, and a number of football teams stop en-route to/from Wick and Brora for after match drinks while waiting to take advantage of the adjacent fish and chip shop.They also sponsor the local pipe band (with equipment being stored in the hotel and the bus arriving and departing from the hotel when they are playing in the regions towns and villages). There are also a number of local groups which regularly use the facility as a social meeting place. This community spirit is rewarded with increased food and wet sales.
The current owners have their own active facebook page. They are listed on TripAdvisor with a rating of 4.5 and are listed on a number of other web sites.
Location
Golspie lies on the east coast of Sutherland and is an attractive coastal resort with a bustling main street and excellent local services. Situated on the popular North Coat 500 route, the main route from Inverness to Scrabster passes through Golspie, so represents an easy drive to get to the property. This lovely village is smart and well-kept with pretty stone cottages and many fine buildings. The gorgeous long sandy beach attracts many visitors in all weathers and the friendly shops and cafes make everyone feel most welcome.
For golfers there is an excellent golf course and just 12 miles south is Dornoch with its world-class golf course and yet another glorious beach. There are some great scenic walks to be enjoyed including one at the 'Big Burn' with its fabulous waterfalls. Just north of the village is Dunrobin Castle with an interesting history and pretty gardens. Natural attractions such as the National Nature reserve at Loch Fleet is on the doorstep, and Golspie is the home of the most northern UK outdoor karting track. Tourists include walkers, winter-sports enthusiasts, cyclists, bird-watchers, motorcyclists, golfers and fishermen. Local events and the position on North Coast 500 are also a great draw to the area.
With a population of circa 1300, the village provides both a primary and secondary school. The village is connected by road and rail to Inverness to the south and the towns of Wick and Thurso to the north.
The property
The Stags Head Hotel was originally built during the later part of the 1800’s. The hotel is a substantial detached villa of traditional stone construction under a slate roof, which has been extended and adjusted internally several times over the years. The result of these works is a well laid out hotel with lots of potential. The area occupied by the public bar was extended first and much later the ballroom was added to the rear.
The reception is immediately inside the main door to the hotel, it is nicely carpeted and provides access to the restaurant on the right. The stairs to the guest rooms lie ahead and guest toilets are on the left.
The owner has invested in the property and has an ongoing programme to keep this facility in great condition, the windows have largely all been replaced recently. Only the kitchen windows, which appear in good condition, have not yet been done. The main hotel hot water cylinders and boiler were replaced in 2022. Over the next few months, the ballroom ladies’ toilets will be renovated.
Public areas
The public bar is located behind the restaurant and enjoys a pleasant, cosy ambience with a seating capacity of 20 people with standing room for a further 20 or more when required. The public bar has direct access to outside via a door near the dedicated toilets, The straight bar lies along one side making it ideally located to ensure all customers are properly served. The toilets, which are finished to a high standard, are located to the rear of the building beside the public bar entrance. The bar has a large flat screen TV for sport and is a great attraction for the significant number of locals who frequent the bar. Food is served within the public bar currently, which is particularly well supported by dog owners.
The décor is fresh and inviting, offering a mix of bar stools, tables and chairs, in front of a well-equipped and sizeable bar. The flooring is wood effect laminate and the walls have wood finish at low level to protect the walls from damage. This well thought out area is very practical and easy to maintain.
Letting bedrooms
Entry to the guest accommodation is via the main stair directly from reception. All accommodation is located at 1st floor level.
In total, the hotel offers 5 letting bedrooms which are all light and airy, and well-equipped with attractive furniture. All rooms are heated with comfortable beds. The in-room services include TV and hospitality facilities. Ironing boards and irons are stored centrally. The shower rooms are presented to a high standard throughout. The letting rooms are configured as follows:
Room 1 – Double bed, with dedicated bathroom
Room 2 - Double and Single Bed, with ensuite
Room 3 - Double Bed, with ensuite shower room
Room 4 – Double bed, with ensuite
Room 5 – Double and single bed, with ensuite shower room
Finance and legal services
ASG Commercial Ltd is in touch with a variety of different lenders who can provide specialist finance. We will be delighted to discuss your financing requirements with you and make an appropriate introduction where appropriate. We also have many contacts in the legal profession who can assist in all legal matters arising.
Owners accommodation
The owners accommodation is secure and in a separate area of the building located to the rear of the hotel over the main kitchen and ballroom toilets. This accommodation is delightfully spacious and is arranged over 2 floors and comprises a bathroom and 2 double bedrooms on the 1st floor with stairs leading to the second floor, where there is a large lounge / diner and kitchen. There is also direct access at 1st floor from the rear external service area. Though the second floor is within the roof void, it is surprisingly spacious, due to the introduction of a full length dormer on the south elevation.
Services
The property benefits from mains electricity, lpg for cooking and the flat central heating, oil is used for the hotel central heating and most of the hot water, mains water and drainage. Lpg gas is used for cooking. The hotel complies with environmental health requirements, has an integral hard-wired fire alarm system and is Wi-Fi enabled throughout.
Accounts
Full accounting information will be made available to interested parties subsequent to viewing.
Title number
The title number for property is STH272.
Price
Offers Over £549,000 are invited for the heritable property complete with goodwill and trade contents (according to inventory), excluding personal items. Stock at valuation.
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, should one be set.
Development opportunities
Though the current owners operate the hotel fully, there are some areas where the trading model could possibly be adapted:
Operate a web site with on-line booking.
Development of the restaurant offering to serve lunch to non-residents.
Morning coffee and afternoon teas could also be considered given the level of passing trade on the A9.
Maximising the opportunity of the ballroom facility
Change use of laundry storage area to additional bookable meeting space
Develop the unused room over the guest bedroom in to owners’ accommodation and rent out the current owner’s accommodation as self-catering or seasonal staff accommodation, with the appropriate statutory approval.
Licence number
The business has a licence under the Licencing Scotland Act 2005, hc/cser/0407, and a copy of the operating plan is available to interested parties, which details operating practices. Normal operating hours are 11:00 hours to 23:00 Sunday, Monday, Tuesday, Wednesday, 11:00 – 01:00 Friday and 11:00 – 00:00 Saturday.
The Stags Head Hotel is a substantial detached property dominating the centre of Golspie. The original building was built in the late 1800’s and has been developed and extended a number of times over the years. Purchased by the current owners 2003, the building has enjoyed some significant upgrades to create this very successful operation.
The hotel is very well-known and enjoys a good reputation for the quality of the provision offered. With a very good reputation as evidenced on TripAdvisor with a score of 4.5, there is no doubt that the purchase of The Stags Head Hotel offers an exciting opportunity. The business currently trades year-round, with the majority of trade occurring during the main tourist season (April to October). This hotel offers guests a great standard of accommodation throughout with the 5 letting bedrooms being of a good standard. The owner’s accommodation is spacious and comfortable and would be suitable for a family.
Reason for sale
Having purchased the property in 2003 the current owners have upgraded the facilities to create the lovely property it is today. They are now ready to retire which brings this successful business to the market.
Trade
This profitable business currently employs a loyal and locally sourced team of staff. They are used to working throughout the business resulting in the staff provision being both flexible and robust. The business operates all year, closing very few days in the year. In the winter the hotel operates with a reduced offering due to lower demand. Over the winter months the room trade is mostly for local and commercial patronage, some of whom are regular visitors to the hotel. The hotel benefits from being independent of the brewery companies.
The current owners are central to a number of events in the village. Namely, the gala week, they sponsor 2 local football teams, and a number of football teams stop en-route to/from Wick and Brora for after match drinks while waiting to take advantage of the adjacent fish and chip shop.They also sponsor the local pipe band (with equipment being stored in the hotel and the bus arriving and departing from the hotel when they are playing in the regions towns and villages). There are also a number of local groups which regularly use the facility as a social meeting place. This community spirit is rewarded with increased food and wet sales.
The current owners have their own active facebook page. They are listed on TripAdvisor with a rating of 4.5 and are listed on a number of other web sites.
Location
Golspie lies on the east coast of Sutherland and is an attractive coastal resort with a bustling main street and excellent local services. Situated on the popular North Coat 500 route, the main route from Inverness to Scrabster passes through Golspie, so represents an easy drive to get to the property. This lovely village is smart and well-kept with pretty stone cottages and many fine buildings. The gorgeous long sandy beach attracts many visitors in all weathers and the friendly shops and cafes make everyone feel most welcome.
For golfers there is an excellent golf course and just 12 miles south is Dornoch with its world-class golf course and yet another glorious beach. There are some great scenic walks to be enjoyed including one at the 'Big Burn' with its fabulous waterfalls. Just north of the village is Dunrobin Castle with an interesting history and pretty gardens. Natural attractions such as the National Nature reserve at Loch Fleet is on the doorstep, and Golspie is the home of the most northern UK outdoor karting track. Tourists include walkers, winter-sports enthusiasts, cyclists, bird-watchers, motorcyclists, golfers and fishermen. Local events and the position on North Coast 500 are also a great draw to the area.
With a population of circa 1300, the village provides both a primary and secondary school. The village is connected by road and rail to Inverness to the south and the towns of Wick and Thurso to the north.
The property
The Stags Head Hotel was originally built during the later part of the 1800’s. The hotel is a substantial detached villa of traditional stone construction under a slate roof, which has been extended and adjusted internally several times over the years. The result of these works is a well laid out hotel with lots of potential. The area occupied by the public bar was extended first and much later the ballroom was added to the rear.
The reception is immediately inside the main door to the hotel, it is nicely carpeted and provides access to the restaurant on the right. The stairs to the guest rooms lie ahead and guest toilets are on the left.
The owner has invested in the property and has an ongoing programme to keep this facility in great condition, the windows have largely all been replaced recently. Only the kitchen windows, which appear in good condition, have not yet been done. The main hotel hot water cylinders and boiler were replaced in 2022. Over the next few months, the ballroom ladies’ toilets will be renovated.
Public areas
The public bar is located behind the restaurant and enjoys a pleasant, cosy ambience with a seating capacity of 20 people with standing room for a further 20 or more when required. The public bar has direct access to outside via a door near the dedicated toilets, The straight bar lies along one side making it ideally located to ensure all customers are properly served. The toilets, which are finished to a high standard, are located to the rear of the building beside the public bar entrance. The bar has a large flat screen TV for sport and is a great attraction for the significant number of locals who frequent the bar. Food is served within the public bar currently, which is particularly well supported by dog owners.
The décor is fresh and inviting, offering a mix of bar stools, tables and chairs, in front of a well-equipped and sizeable bar. The flooring is wood effect laminate and the walls have wood finish at low level to protect the walls from damage. This well thought out area is very practical and easy to maintain.
Letting bedrooms
Entry to the guest accommodation is via the main stair directly from reception. All accommodation is located at 1st floor level.
In total, the hotel offers 5 letting bedrooms which are all light and airy, and well-equipped with attractive furniture. All rooms are heated with comfortable beds. The in-room services include TV and hospitality facilities. Ironing boards and irons are stored centrally. The shower rooms are presented to a high standard throughout. The letting rooms are configured as follows:
Room 1 – Double bed, with dedicated bathroom
Room 2 - Double and Single Bed, with ensuite
Room 3 - Double Bed, with ensuite shower room
Room 4 – Double bed, with ensuite
Room 5 – Double and single bed, with ensuite shower room
Finance and legal services
ASG Commercial Ltd is in touch with a variety of different lenders who can provide specialist finance. We will be delighted to discuss your financing requirements with you and make an appropriate introduction where appropriate. We also have many contacts in the legal profession who can assist in all legal matters arising.
Owners accommodation
The owners accommodation is secure and in a separate area of the building located to the rear of the hotel over the main kitchen and ballroom toilets. This accommodation is delightfully spacious and is arranged over 2 floors and comprises a bathroom and 2 double bedrooms on the 1st floor with stairs leading to the second floor, where there is a large lounge / diner and kitchen. There is also direct access at 1st floor from the rear external service area. Though the second floor is within the roof void, it is surprisingly spacious, due to the introduction of a full length dormer on the south elevation.
Services
The property benefits from mains electricity, lpg for cooking and the flat central heating, oil is used for the hotel central heating and most of the hot water, mains water and drainage. Lpg gas is used for cooking. The hotel complies with environmental health requirements, has an integral hard-wired fire alarm system and is Wi-Fi enabled throughout.
Accounts
Full accounting information will be made available to interested parties subsequent to viewing.
Title number
The title number for property is STH272.
Price
Offers Over £549,000 are invited for the heritable property complete with goodwill and trade contents (according to inventory), excluding personal items. Stock at valuation.
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, should one be set.
Development opportunities
Though the current owners operate the hotel fully, there are some areas where the trading model could possibly be adapted:
Operate a web site with on-line booking.
Development of the restaurant offering to serve lunch to non-residents.
Morning coffee and afternoon teas could also be considered given the level of passing trade on the A9.
Maximising the opportunity of the ballroom facility
Change use of laundry storage area to additional bookable meeting space
Develop the unused room over the guest bedroom in to owners’ accommodation and rent out the current owner’s accommodation as self-catering or seasonal staff accommodation, with the appropriate statutory approval.
Licence number
The business has a licence under the Licencing Scotland Act 2005, hc/cser/0407, and a copy of the operating plan is available to interested parties, which details operating practices. Normal operating hours are 11:00 hours to 23:00 Sunday, Monday, Tuesday, Wednesday, 11:00 – 01:00 Friday and 11:00 – 00:00 Saturday.
More information
Listed by
ASG Commercial
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