Flat for sale in Kirkcaldy KY1, 9 Bedroom

Reference - 46457

Description
The Elbow Room is an extremely well run family business, that has been owned by the current proprietors since 2004.

The property was purchased in stages by the vendors, with the rooms being added in 2008. The business has undergone a full refurbishment program.

Since purchasing, the business has gone from strength to strength, benefiting from having a spacious public bar and a large restaurant/function suite, which can accommodate up to 100 guests and 6 well presented en-suite letting rooms.

The Elbow Room enjoys an excellent reputation as one of the finest places to eat, drink and sleep within the area.

The property has been placed on the market due to the current proprietor’s wish to retire.

The business trades throughout the year and its quality is reflected in the number of awards it currently holds such as achieving 4.5 out 5 on and 5/5 from its customers through Facebook.

Additional marketing is carried out through its own informative website .

The business is well located on Rosslyn Street in the town of Kirkcaldy. Kirkcaldy is a town and former royal burgh in Fife, on the east coast of Scotland. It is approximately 11 miles north of Edinburgh and 27 miles south-southwest of Dundee.

Sales
Current sales average £502,000 excluding VAT per annum.

Accounts
Current records and accounts can be inspected when viewing.

Trading Hours
The business trades seven days per week, offering a lunch and dinner service, morning tea and coffee to non residents, along with bed and breakfast to guests staying at the hotel.

Staff
The business is managed by the owners along with a team of full and part time members of staff.

Building External
The front of the property is straight to the street, benefitting from having separate entrances for the public bar and the hotel.

To the rear of the property you will find a large carpark, capable of parking in excess of 20 cars.

The property further benefits from having a well presented beer garden and outside seating area to the rear.

External access to the owners accommodations and private gardens is also from the rear car park.

Building Internal
On entering the property from the main front entrance, you are welcomed into a reception hallway, which in turn gives access to all areas, both private and public.

To the right on the ground floor, you will find the large restaurant/function suite. This area can accommodate up to 100 guests for a function, and 80 persons for dinner.

The restaurant is tastefully decorated and well furnished with conference chairs and tables.

The restaurant further benefits from having its own bar and the option to split the room into two areas via concertina doors, allowing smaller functions to the rear, whilst the restaurant is still functioning.

To the left on entry, you will find the bar ‘snug’. The snug offers a quieter place for guests to enjoy an after or pre dinner drink, or simply for those wanting a quieter space to enjoy a drink with friends. The snug gives access to the main public bar.

The bar is again well presented, benefiting from a pool table, large screen TVs and a juke box. The bar is well furnished with wooden tables, along with upholstered stools and high bar stools.

The Elbow Room has 6 en-suite letting bedrooms set over the first floor, made up of a mix of 2 doubles, 1 twin, 2 family triples and one large family, which can sleep six. Two of the bedrooms further benefit from having a timber decking roof terrace.

All rooms have en-suite facilities with showers and the large family room benefiting from a bath and separate shower cubicle. All of the bedrooms have flatscreen TVs, fridges and complimentary hospitality trays.

As expected with a property of this style and size, The Elbow Room Hotel, there are ample service areas including; a fully fitted commercial kitchen with a 6 burner gas range, chargrill, double fryer and full extraction system.

The property also has a manager’s office, laundry room, cellar, dry goods store, freezer room, garage, storerooms and a boiler room. There is ample storage on the first floor of the hotel f

Residential Accomodation
Set over two floors, the spacious owners accommodations offers excellent family living, comprising of 2 sitting rooms, a family kitchen/diner, a family bathroom and 3 double bedrooms, 2 of which are ensuite.

The owners accommodation is well presented and tastefully decorated throughout.

The owners property further benefits from having a large timber decking roof terrace and ground level patio to the rear.

Tenure
We are advised that the property is freehold.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

Summary
The sale of The Elbow Room offers a rare opportunity to purchase a high quality, beautifully presented property which is trading well, with potential for expansion of the business. A viewing is highly recommended.