Detached house for sale in Crianlarich FK20, 7 Bedroom

Reference - 46207

Description
The Luib Hotel offers an excellent opportunity to purchase a long established business in the popular Loch Lomond and Trossachs National Park. Dating back to the seventeenth century, the property has a long history as a coaching inn and hotel in the later years. The current vendors purchased the hotel in 1987, running the business for several years before leasing out the business. Since taking the property back in January 2018, the vendors have carried out several improvements and renovations, including, but not limited to; new wiring, new roofing, new flooring, new kitchen and new ceilings in some public areas. The business has healthy forward bookings for the 2018 season and is now offered to market in walk in condition. The property has a long history as a coaching inn and hotel in the later years. The hotel is now presented in walk in condition throughout, and offers a profitable family business.
The property has been placed on the market due to the current proprietor’s wish to retire from the hospitality industry.
The business trades throughout the year and its quality is reflected in the number of awards it currently holds such as achieving, 3 stars from Visit Scotland, 4.5 out 5 on trip advisor and being highly regarded in the area. Additional marketing is carried out through its own informative website

The business has traded extremely well but offers any potential purchaser the opportunity to expand both the property and business.

The Hotel trades throughout the year. The business has a good mix of tourist guests, contractors and business visitors, as well as serving as a convenient stop off for lunch or dinner for the weary traveler. The Hotel offers lunch and dinner to non-residents.

We are advised that the hotel currently has 75% of the summer months already pre booked.

Situation
The Luib Hotel lies on the A85 Stirling to Crianlarich Road in the Loch Lomond and Trossachs National Park.

Building Internal
The Luib Hotel dates back to the seventeenth century, and sits commandingly within its own grounds. The property is a detached stone built property, that has been tastefully renovated and extended at various periods.

The main entrance of the Hotel is via a large traditional entrance from the front of the property. The main entrance leads into a period reception hallway. The hallway is well presented and tastefully decorated in keeping with the property.

To the side of the property, located off the car park, you will find a second entrance to the hotel, which gives access directly into the public bar.

The Public Bar is well presented and decorated in keeping with the property. The bar is located to the right on entry, and is of traditional construction, with a well presented gantry to the rear. The Bar further benefits from a feature fireplace with open fire. The bar further benefits from a new carpet and gives access to the reception hallway and restaurant.

The Restaurant area, has not previously been used, but offers an excellent space to accommodate 20+ persons. The restaurant has had a new ceiling and flooring by the vendor and is ready for use.

Located behind the bar, you will find the service areas of the property. The vendors have completely renewed and replaced the kitchen, complete with new appliances and work surfaces.

Ladies and Gents facilities and well located of the public areas on the ground floor.

Letting bedrooms are situated on the 1st floor.

Letting Accommodation

The Luib Hotel has 5 letting bedrooms, all of which are ensuite. The rooms consist of 3 doubles and 2 twins. All of the bedrooms are presented to a good modern standard and benefit from flatscreen TVs, hairdryers, Wifi and hospitality trays.

Owners Accommodation

Located on the first floor of the property you will find the owners apartment. The apartment offers good family living and comprises 2 double en suite bedrooms. Previous tenants have utilized the

Building External
The property occupies an enviable location and sits commandingly within its own spacious grounds. There is a large car park to the right of the hotel. The front sits slightly back from the A85. To the rear there is a large grassed area, with a static caravan in situ, for either owners or staff. To the side of the car park there is a large grassed play area for children.

We are advised that the property has policies of circa 1 acre.

Services
We are advised the property has mains electricity, septic tank, kerosene hw/CH with water via a natural spring supply.

Tenure
The property is held on the Scottish equivalent of Freehold.

Legal
The business trades with the benefit of a full Hotel Licence, and conforms to all fire regulations.

Summary
The sale of The Luib Hotel offers a rare opportunity to purchase a high quality, beautifully presented property which has trading well but with potential for expansion of the business. Viewing is highly recommended.

Call to Action
oiro £399,950 are sought for the heritable property, fixtures, fittings and goodwill. Stock in trade will be additional at valuation.

Inventory
An inventory will be compiled to detail all items of a personal nature excluded from the sale and items subject to lease; this will be available to all parties wishing to offer.

Viewing
Strictly by appointment through the sellers’ sole agents, Bruce & Company. Please remember when viewing that staff and locals may not be aware that the business is on the market and we would be grateful if you do not talk openly about the business while in the area.