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The Red House Hotel, Station Road, Coupar Angus, Blairgowrie, PH13 9AL

Guide Price
£1,950,000

Business rates & charges may apply

Christie & Co, Hotels
SIZE

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SECTOR

Hotel for sale

Key features

  • Prominent Roadside Location on A94
  • Long Established Successful Business
  • Hotel, Weddings & Events Revenue Streams
  • Strong Summer Golf Break Trade
  • Recent indoor/outdoor glazed dining extension
  • EPC Rating G
  • Christie & Co Ref: 5245008

Description

Description

The Red House Hotel is a substantial hospitality / event / sport complex extended over the years from the original red sandstone building. The internal space still leaves room for changes of layout and use for an incoming purchaser to exploit depending on their preferred operation. The most recent addition is an attractive glazed conservatory with retractable glazed walls allowing true indoor / outdoor entertaining.

Location

Excellent central location in Coupar Angus which is situated in east Perthshire, south of Blairgowrie between Dundee and Perth. Coupar Angus has developed as a tourist resort and centre for affordable golf tourism.

The Red House Hotel is positioned to the north east side of Station Road, the A94 at its junction with Forfar Road and the A923. The town centre of Coupar Angus is within a few minutes walk.

Internal Details

The hotel has been developed to offer a wide range of facilities. On the ground level there is the bar restaurant (124), inclusive of the conservatory, public bar, snooker room, leisure facility, squash court and pool/darts room. The flexible function facility offers a capacity of 160 however, can accommodate smaller numbers for either private parties or conferences.

Fixtures & Fittings

The majority of trade fixtures and fitting are free from loan or hire purchase agreement however, an inventory will be provided to interested parties.

Letting Accommodation

The letting accommodation is laid over ground and first floor levels and consist of 20 letting rooms all having ensuite facilities. 17 of the rooms have three piece bathroom suites with the other three having shower only.

Room Configuration
12 - Family Rooms
7 - Twin Rooms
1 - Triple Room

The executive rooms come with attractive viewing balconies, whilst free Wi-Fi is available in all bedrooms. Each room has a flat screen TV with complimentary Sky Sports coverage.

External Details

The Red House Hotel sits upon a large plot with an enviable trading position within the town. Directly to the front is the large car park which can accommodate up to 90 cars.

Owner's Accommodation

Located on the first and attic floor levels of the main property there is the spacious owner's accommodation which consists of three double bedrooms (two ensuite), office, shower room and lounge areas.

The Opportunity

The Red House Hotel has been owned, operated and expanded under family ownership for around 40 years. The family are now selling to allow some members to retire and others to pursue alternative business interests.

Staff

Staff will transfer under TUPE regulations in the normal way.

Trading Information

Trading revenues continue to show a strong performance for both rooms and food & beverage. Turnover for the six months to October 2023 has improved from 2022 figures.

Full trading information can be provided to seriously interested parties after a formal viewing.

Development Potential

To the side of the hotel, also fronting the A94, is a large vacant plot for future development offering the opportunity to expand the letting bedrooms and leisure facility. This site is not included within the sale however, the vendor is amenable to discuss this with any purchaser who would be interested in acquiring this additional area.

Business Rates

The Rateable Value as at 1 April 2023 is £78,600. Confirmation of actual rates payable can be obtained from the local Authority.

Energy Performance Certificates

EPC 1

Brochures

The Red House Hotel, Station Road, Coupar Angus, Blairgowrie, PH13 9AL

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Invergowrie Station10.1 miles

About Christie & Co, Hotels

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

Christie & Co, Hotels

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll disco

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Notes

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Disclaimer - Property reference 5245008-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Hotels. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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