Share This Listing

Message

955 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

The Thrums 25 Bank St 9 Room Hotel Kirriemuir DD8 4BE $1,394,934 CAD ($154,993 CAD/Room)

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Town Centre Location in Kirriemuir - "The Gateway to the Glens".
  • 2-bedroom Owners Accommodation.
  • Impressive Public Bar with Small Function Room.
  • Profitable Business - six figure profit from relatively low turnover.

EXECUTIVE SUMMARY

Established & Well Presented 9-bedroom Hotel Town Centre Location in Kirriemuir - "The Gateway to the Glens" Impressive Public Bar with Small Function Room 2-bedroom Owners Accommodation Profitable Business - six figure profit from relatively low turnover
The Thrums Hotel is located within the charming town of Kirriemuir, noted as the "Gateway to the Glens" and commonly known as the birthplace of author Sir JM Barrie the creator of Peter Pan. Kirriemuir is readily accessible being situated off the A90 and A94, 19 miles north of Dundee and 27.5 miles from Perth.
The town is popular and welcomes tourists year-round. Kirriemuir is a great base for exploring, where visitors can easily access several of the Angus Glens from here with some fantastic walking and wildlife spotting opportunities, including 10 'Munros' - ideal for cyclists, drivers, hill walkers and nature lovers alike. The town itself offers its visitors a variety of local shops, restaurant and pub amenities, with the Thrums Hotel being a local favourite.
The Thrums Hotel itself is an established and very well presented 9- bedroom hotel that offers its guests the best of both with charming features and modern comfortable accommodation. The range of public areas offers guests both places to relax after a day of basking in the wonderful nature Angus has to offer, or to enjoy drinks and a good meal. The hotel benefits from a large public bar with a small function room which can be closed off with sliding doors. There is also private owner's accommodation with the hotel comprising 2-bedrooms, lounge, and shower room. Externally the hotel has car parking for c.20 cars with a patio terrace to enjoy al-fresco dining.
The sellers have owned and operated the Thrums Hotel for 33 years and have, over the years, refurbished and redecorated the hotel to offer good quality letting accommodation and food and beverage facilities. The availability of the Thrums Hotel offers buyers a fantastic opportunity to acquire an established, well-loved town centre hotel business.
The Thrums Hotel dates from the Georgian era and its frontage is Historic Scotland category B-Listed, located in the Kirriemuir Conservation Area.
From Bank Street, there are two main entrances into the hotel, on the right providing access directly to the public bar, on the left opening up into entrance hall and lounge with access to letting accommodation via staircase to first floor. The accommodation can be summarised, briefly, as follows: -
4 X twin 4 X double 1 X family
Store (former office) Range of stores / cupboards Kitchen with prep area Walk in fridge/freezer
Car parking (20 spaces) Patio Terrace with alfresco seating 3 X Outhouse Stores
Mains gas, electricity, water and drainage. Heating and hot water via gas fired boiler.
Offers around £750,000 are invited for the heritable (freehold) interest in the whole properties, the trade fixtures, fittings and equipment, together with the goodwill of the business, which is to be sold complete as a going concern. Stock in trade to be purchased at an additional price at valuation on the date of entry.

PROPERTY FACTS

Price $1,394,934 CAD
Price Per Room $154,993 CAD
Sale Type Investment
Sale Conditions
Business Value Included
  • Furniture, Fixtures and Equipment Included
Tenure Freehold
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 0.21 AC
Building Size 3,656 SF
No. Rooms 9
Year Built 1810
Corridor Exterior

AMENITIES

  • Restaurant

ABOUT 25 BANK ST , KIRRIEMUIR, ANS DD8 4BE

The Thrums Hotel is located within the charming town of Kirriemuir, noted as the “Gateway to the Glens” and commonly known as the birthplace of author Sir JM Barrie the creator of Peter Pan. Kirriemuir is readily accessible being situated off the A90 and A94, 19 miles north of Dundee and 27.5 miles from Perth.

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Guest Room 9 $212.03 CAD -
  • Listing ID: 36425072

  • Date on Market: 2025-06-26

  • Last Updated:

  • Address: 25 Bank St, Kirriemuir DD8 4BE

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}