The Square, Dufftown, Keith, Moray, AB55 4AD
£375,000
Key Information
Key Features
Description
Substantial property with good sized owners accommodation and 6 letting rooms and potential for multiple income streams
The Fife Arms in Dufftown presents an exceptional business opportunity for new owners, poised to capitalize on the thriving tourist sector in Scotland's whisky capital. Located in the heart of Speyside, Dufftown attracts numerous visitors year-round due to its status as the "malt whisky capital of the world" and its central position on the famous Speyside Whisky Trail. The town's popularity is further bolstered by events like the Spirit of Speyside Whisky Festival, which draws whisky enthusiasts from around the globe.
The newly refurbished Fife Arms is ideally situated to cater to this steady influx of tourists. With six modern chalet-style letting rooms accommodating up to 13-14 guests (2 twin rooms, 2 double rooms, 1 king room, and 1 family room), the property is well-equipped to meet the demand for quality accommodation in the area. The recent completion of renovations means new owners can start operating immediately, benefiting from updated facilities without the need for additional investment.
The property's potential extends beyond lodging, with the opportunity to reinstate the former bar and restaurant, supported by a fitted commercial kitchen. This addition could attract both tourists and locals, creating an additional revenue stream. The Fife Arms also boasts practical amenities such as a secluded car park, enhancing its operational efficiency and guest convenience.
Given Dufftown's rich cultural offerings, including distillery tours, the Dufftown Whisky Museum, and nearby attractions like Glenfiddich and The Balvenie distilleries, the Fife Arms is perfectly positioned to serve as a base for exploring the region. The town's scenic surroundings, including the Cairngorms National Park and the River Spey, further enhance its appeal to outdoor enthusiasts.
With its prime location, newly refurbished facilities, and the potential for multiple revenue streams, the Fife Arms represents a lucrative opportunity for new owners to tap into Dufftown's flourishing tourist market. The property's central location in the Square, near the famous clock tower, ensures high visibility and easy access for guests. As Speyside continues to attract whisky lovers and tourists from around the world, the Fife Arms is well-positioned to provide comfortable accommodation and potentially expanded services to meet this growing demand.
Tenure
Scottish equivalent of Freehold.
Trading Figures
The Fife Arms has not traded since refurbishment and therefore no trading information is available.
Rateable Value
ÂŁ4,500 per annum.
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