King's Arms Hotel 31-33 St Andrew St 10 Room Hotel Castle Douglas DG7 1EL $920,657 CAD ($92,066 CAD/Room)

Well-Established 10-Bedroom Town Centre Hotel Located in Busy Market Town in Popular Dumfries & Galloway Great Range of F&B Facilities; inc Beer Garden Spacious 3-bedroom Private Accommodation Adjoining 2-bedroom flat Available in Addition Turnover in excess of £500,000 (net)
The Kings Arms Hotel is a 10-bedroom town centre hotel, located in the heart of Castle Douglas, within the thriving, popular region of Dumfries and Galloway. The hotel is a town centre establishment which welcomes tourists and locals alike. Set in the picturesque region of Dumfries and Galloway, the hotel also hosts a year-round trade of golfers, bikers, cyclists, hikers and sight-seers keen to take advantage of the area's outstanding natural beauty, from the interesting Solway Coastline to the renowned Galloway Dark Sky Park.
The Kings Arms retains rural Scottish charm, while also boasting a variety of modern bar and restaurant facilities to serve a broad clientele. Its 10 recently renovated bedrooms are attractive and comfortable, providing guests a home away from home. In addition, the hotel boasts a very spacious 3-bed flat, ideal either as a home for owners or excellent accommodation for residential staff.
An adjacent two-bedroom flat, used for self-catering purposes, is available for purchase and is an excellent asset to the hotel's accommodation.
Castle Douglas' enviable position on the A75 Euro route, linking the M6/M74 at Gretna Green to Stranraer and Cairnryan; the Northern Ireland ferry terminal, renders it a busy market town, with easy access to the beaches of the Solway Coast, the Galloway Hills, 7Stanes Mountain Biking venues and the UK's first 'Dark Sky Park' at Galloway.
The Kings Arms Hotel, owned by the sellers for over 30 years, is a fantastic opportunity for new entrants to the hotel and licensed property trade, bringing with it years of an excellent local reputation and popularity. Regularly reviewed on Trip Advisor receiving a 4.5 rating.
The Kings Arms Hotel is a historic former coaching inn dating back to the early 19th century, situated on the corner of St Andrew's Street and Queen Street.
The Kings Arms Hotel comprises lounge bar, bar, restaurant and letting accommodation arranged over two floors, with owner's accommodation located at first floor and a separate annexe, accessed adjacent to the main hotel entrance, presently used as Airbnb accommodation.
From the street pavement, steps lead up to the hotel's main entrance, which leads into the entrance vestibule and hotel reception from where there is access to the public areas and bedrooms. The accommodation can be described, briefly, as follows: -
Entrance Vestibule Reception Foyer (4) with Reception Desk & Office behind Snug Bar (10) Lounge Bar (18) with Bar Servery Bar Lounge (14) Restaurant (60) Resident's Lounge at first floor level
2 X double 4 X twin 1 X triple 1 X family 2 X single
Situated on the first floor is a private flat, ideal for owners or managers, with accommodation of:-
Living Room 3 X Double Bedrooms (one with walk-in wardrobe) Kitchen Bathroom
Commercial Kitchen Still Room with Walk in Fridge, Chest Freezers Staff Room with Changing Facilities & WC Drying & Laundry Room Range of Stores Beer Cellar/Spirit Store in basement
Adjacent is a separate ground floor flat (31 St. Andrew Street) used as a letting annexe to the hotel or for short term s/c letting (Airbnb style). The accommodation comprises: -
Living Room 2 X Double Bedrooms Kitchen Bathroom with bath & shower
Mains electricity, water, gas and drainage. Central heating and hot water from gas fired boilers.
Offers around £495,000 are invited for the heritable (freehold) interest in the Kings Arms Hotel, 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.