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Atholl Road, Pitlochry, Perth and Kinross, PH16 5BX

£1,300,000Freehold

20203

Key Information

Tenure:Freehold
Council tax band:Not available

Key Features

20 En-Suite Letting Rooms
3 Star Accommodation
50+ Cover Restaurant
Excellent Reviews
Free Wi-Fi Throughout Hotel
Fully Licenced
Prime Tourist Location
Secure Parking
Staff/Owners Accommodation
Substantial site of approx 1 acre

Description

This is a rare opportunity to purchase one of Pitlochry’s most prominently situated hotels owing to the retirement of the current owners after 25 years. Occupying an enviable and elevated position on the main road into and out of the charming town of Pitlochry, is the Acarsaid Hotel, a welcoming and well-maintained hotel with 20 En-Suite letting rooms.

The property is in immaculate condition throughout and has been furnished to a very high standard. The hotel benefits from a full licence and, given the popularity of Pitlochry, there is ample opportunity to increase revenues by reopening the restaurant to non-residents for lunches and evening meals. The Acarsaid Hotel occupies a site which extends to approx. 1 acres in total and is well suited to either extension or redevelopment.


The Acarsaid Hotel is in Pitlochry, one of the most scenic locations in the centre of Scotland, a true honeypot destination for tourism The hotel is located in the town centre of Pitlochry that has many amenities including excellent restaurants, cafes, and shops. Pitlochry is also home to the nationally renowned Festival Theatre, the award winning “The Enchanted Forest”, Blair Atholl Horse Trials, Etape cycling race as well as two world famous distilleries. Although a small traditional town, it boasts an extensive year-round tourist trade and hospitality sector, offering a wide range of activities and entertainment to both locals and visitors.


Highland Perthshire provides an abundance of recreational activities with opportunities to explore surrounding mountains, lochs, glens, and forests. Extremely well located for Walking, Hiking, Cycling, Fishing, Shooting, White Water Rafting, Kayaking, Skiing and even Bungee Jumping. The area is also home to a world-renowned Highland Games. The town is located just off the A9 and is extremely well serviced with good road and rail networks providing links to Perth(26miles), Edinburgh (70 miles), Glasgow (83 miles) and Inverness (86 miles) and their respective airports. Pitlochry railway station is on the main line from London to Inverness served by both the East Coast route and Scotrail.


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Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
ÂŁ6,840 /mo.25 Years, 5% Interest
Loan
ÂŁ1,170,000
Total Repay
ÂŁ2,051,911

Commercial Land & Buildings Transaction Tax (LBTT)

You’ll have to pay the LBTT of:
ÂŁ53,500
0% up to ÂŁ150,000
1% between ÂŁ150,000 and ÂŁ250,000
5% above ÂŁ250,000
Your effective LBTT is 4.12%

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