Rhins of Galloway Hotel, A77, Cairnryan, Stranraer, Dumfries and Galloway, DG9 8QU

SALE BY ONLINE AUCTION 23RD OCTOBER 2024 9.00AM.
Online Property Auctions Scotland are delighted to present this amazing business opportunity.
*****PRE AUCTION OFFERS ARE WELCOME ON THIS PROPERTY*****

The business has been operated by the current owners for around 20 years and the sale is brought on by their wish to relocate and retire. A highly profitable business, currently trading as a Bed and Breakfast premises with high value, quality rooms, allowing the new owners to generate a solid income stream from day one, but also expand the business if/ as required.

The premises is a freehold detached property, coastal, and set in around 1.3 acres. It comprises 3 separate apartments and a further 7 letting units with supporting facilities as follows:
6 ensuite letting units (currently marketed as 2 singles, 2 doubles, 2 suites).
1 ensuite letting unit (currently not marketed, but suitable for double/twin/family).
8th letting unit, which is a SELF CONTAINED APARTMENT with 1 bedroom, lounge, bathroom, kitchen and own external entrance.
OWNERS APARTMENT with 2 bedrooms, lounge, kitchen, bathroom and vast unused full height attic space, and both internal passage to main section of building, together with external entrance from its own private garden.
FIRST FLOOR APARTMENT with 4 bedrooms (one originally a kitchen), lounge and bathroom which is currently unused and awaiting some refurbishment (all electrics, fire detection system and emergency lighting are installed and maintained), potential for reconfiguration into additional individual letting units.

Currently unutilised double height function suite (measuring approx. 80ft by 24ft) with supporting bar area, potential for reconfiguration into single height function suite plus additional 6 additional letting units above.

Guest lounge
Guest dining room
Reception area
Toilet facilities
Semi-commercial kitchen
Stores

Stunning views of the sea loch
Approximately 1.3 acres of lawned gardens
Car parking area
Beach and extensive coastal walks readily accessible right across from the building

The property functioned as a full-service hotel and tearoom before transitioning into its present B&B format. The business is currently run to suit the current owners who intentionally operate the business at a very limited capacity with good profit margins. The opportunity to increase this is massive.

The property enjoys a prime location along the main A77 route, just a five-minute drive from Scotland's two ferry ports that provide regular service to Northern Ireland, with around 1.3 million travellers each year. Few food and drink offerings are available locally to serve this trade offering great opportunities.

There is massive scope to extend and enhance this business through numerous options:
The number of letting rooms could be extended by utilising the vacant apartment space, function room space and loft space.
There is scope to extend the premises to the side to add further capacity -potential expansion is demonstrated by the fact that planning applications were made to effectively double the footprint of the building ( not executed) many years ago, with provision for over 60 car parking spaces.
Glamping pods / chalets could be added within the substantial surrounding grounds there used to be a certified 5 pitch caravan site within the grounds.
The dining room could be utilised to cater for restaurant/ takeaway trade during both daytime and evening the dining room served as a tearoom for passing trade for many years.
The function suite and bar area could be used for a number of purposes, such as conference, wedding and funeral packages.
Due to the high volume of passing trade the provision of snacks / tea / coffee via a roadside cabin would also add value with additional outdoor seating areas.

The current owners have been happy running the business on a very limited basis which has suited their work / life balance. Any motivated new owner would be able to substantially increase trade and add value to the business along with increased income.

Located on the edge of Cairnryan, the premises are perfectly located to serve the 2 ferry ports.
P&O ferry terminal to Larne is located within 1 mile.
Stena ferry terminal to Belfast is located within 4 miles.
Both ferry operators run 6 sailings each throughout every 24 hour period, and operate throughout the year. This creates immediate demand for travellers seeking overnight accommodation before sailing.
Cairnryan to Belfast is the busiest domestic short sea crossing in the UK with circa 1.3 million passengers in 2023.
There is a shortage of food and drink providers in Cairnryan itself and this could be very lucrative for the new owners.
The town of Stranraer is located at around 6 miles.
Within Stranraer you will find a full range of shops, supermarkets, bars and restaurants. Located 87 miles Southwest of Glasgow and 52 miles of Ayr. Population of circa 13,000. The area is noted for fishing, farming and tourism.
* Well established trading business
* Massive scope to increase turnover / business
* Busy Summer tourism trade
* Solid year round trade through proximity to ferry terminals

Current room rates (B&B):
2 Single rooms (rate £99)
3 Double rooms (rate £148 for the 2 utilised rooms)
3 Suites (rate £169-£202)
With full utilisation of all 8 letting units at these rates, nightly turnover is £1199 giving a 100% occupancy annual turnover of over £400,000 purely for bed and breakfast provision, without consideration of the lucrative addition of additional food and beverage services, utilising function room and grounds or increasing room numbers.


Trading accounts will be made available to any suitably qualified parties.
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All prices quoted are exclusive of VAT.