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Arrandale Hotel, 2-4 Cassillis Street, Ayr, KA7 1DW

£825,000

1010

Key Information

Tenure:Not available
Council tax band:Not available

Key Features

Fully Licensed
10 Bedroom Hotel
2 Bed Owner’s Accommodation
Long Established
Easily Managed with Part Time Staff
Close Proximity to Ayr City Centre & Beach

Description

The Arrandale Hotel in Ayr presents a rare investment opportunity in the heart of this popular Scottish seaside resort. This charming 3-star establishment, nestled on a quiet residential street in the oldest part of town, offers the perfect blend of tranquillity and convenience. With its prime location just a two-minute stroll from Ayr's sandy beach and town centre, the hotel is ideally situated for both leisure and business travellers. The property features 10 well-appointed rooms, including 9 en-suite and one single room with a private bathroom, all individually decorated to ensure a unique and comfortable stay for guests.
The hotel's ground floor boasts a welcoming reception area, a spacious dining room that can accommodate 20 covers, and a versatile guest lounge complete with a bar, fireplace, and ample seating. A large, well-equipped commercial kitchen and utility area support the hotel's operations. The Arrandale Hotel retains many original features, including ornate cornicing, which adds character and charm throughout the building. Recent upgrades, such as a modernised fire alarm system, demonstrate the current owners' commitment to guest safety and property maintenance.
Currently operating on a bed and breakfast basis, the Arrandale Hotel offers significant potential for expansion. Previously, the hotel was exceptionally busy with functions, and its restaurant and bar were open to non-residents for lunch and evening meals. The property's alcohol license and prime location near local attractions provide a solid foundation for growth in Ayr's thriving tourism market. New owners could consider reopening the restaurant for regular service, expanding the events and functions offerings, and potentially developing partnerships with local attractions to create package deals for tourists.
Ayr itself is a popular tourist destination, offering visitors a range of attractions including a charming seafront, art galleries, the famous Ayr Racecourse, leafy suburbs, and excellent golfing facilities. The town's proximity to Glasgow, just 37 miles northeast, makes it easily accessible for domestic and international travellers. With 18 years of family ownership and a strong base of repeat customers, the Arrandale Hotel has established a loyal clientele. The business is currently run by the owner with the assistance of three part-time staff members, providing a solid operational foundation for new ownership.
This listing presents a unique opportunity to acquire a characterful property with established clientele and substantial growth potential in Ayr's vibrant hospitality sector. The Arrandale Hotel's prime location, coupled with its blend of traditional elegance and modern comfort, makes it an attractive investment for discerning buyers seeking to enter or expand their presence in the Scottish tourism market.

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Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
ÂŁ4,127 /mo.25 Years, 4.5% Interest
Loan
ÂŁ742,500
Total Repay
ÂŁ1,238,117

Commercial Land & Buildings Transaction Tax (LBTT)

You’ll have to pay the LBTT of:
ÂŁ29,750
0% up to ÂŁ150,000
1% from ÂŁ150,000 to ÂŁ250,000
5% from ÂŁ250,000 to ÂŁ825,000
Your effective LBTT is 3.61%

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