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The Villa Hotel, 49-51 Burnbank Road, Hamilton, South Lanarkshire, ML3 9AQ

£50,000

883

Key Information

Tenure:Not available
Council tax band:Not available

Key Features

For Lease / May Sell
Rent IRIO £50,000
8 En-suite Bedrooms
Large Conservatory
145 Covers in total
Beer Garden & Mini Orchard
Good Condition Throughout
Lease Terms By Negotiation

Description

A wonderful opportunity has arisen to purchase The Villa Hotel, a long established and incredibly popular hotel that benefits from a prime position within a busy thoroughfare in the town on Hamilton, South Lanarkshire. This 8 ensuite bedroom hotel has been tastefully extended and upgraded over the years and has become a very popular stopping point for visitors to the area and contractors given the easy commute to both Glasgow and Edinburgh. The charming hotel has an excellent mix of income from wet, food, accommodation, and functions. Viewing is highly recommended to appreciate the flexibility and potential that the purchase of the hotel offers.

Situation:
Hamilton is home to excellent shopping facilities, sports amenities including golf courses, swimming pool, gyms, and parks. Hamilton racecourse is within walking distance of the hotel. There are several highly regarded schools as well as the nearby Hamilton College. The town of Hamilton has a wide variety of restaurants, bistros and pubs and is home to South Lanarkshire Councils headquarters. For those commuting by public transport there are regular bus and train links to the surrounding towns including East Kilbride, Motherwell, Glasgow, and Edinburgh. Hamilton West train station is within a few minutes’ walk of the hotel. The nearby M74 motorway provides excellent road links throughout the west of Scotland.

The Business:
The Villa Hotel has been successfully run by the current owners for more than 30 years during which time it has been tastefully upgraded and refurbished. The hotel is open throughout the year and welcomes families visiting the area, tourists exploring central Scotland, contractors and many more types of guests. The hotel has a restaurant and conservatory which between both can cater for 105 covers at any one time and benefits from a garden to the rear which has its very own mini orchard and capacity for an additional 20 covers. There is also a large and well-presented bar with capacity for an additional 20 covers. It is well known in the area for the extensive range of whisky and gin it offers. The hotel is fully licensed.

The Villa Hotel has a large commercial kitchen with a range of modern equipment including walk in fridge and freezers.

The hotel has a good mix of income across all revenue streams and there are a great number of areas where the business could be extended, such as extending the current hours and providing entertainment.

Property:
The Villa Hotel has been well maintained and upgraded by the current owners. Entrance to the hotel is from the large car park at the front and into the main reception area. On the ground floor you will find the main restaurant, conservatory, and bar. The bar leads to the conservatory and out into the rear garden. On the ground floor you will also find the large commercial kitchen, breakfasting area and ladies and gents’ toilets.

On the first floor are the 8 ensuite letting rooms.

External:
This hotel is a detached 2 story building on an elevated site sitting on around a quarter of an acre. There is ample parking at the property with enough space for at least 20 cars. To the rear of the property there is well looked after beer garden and mini orchard.

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Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
£263 /mo.25 Years, 5% Interest
Loan
£45,000
Total Repay
£78,920

Commercial Land & Buildings Transaction Tax (LBTT)

You’ll have to pay the LBTT of:
£0

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