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  • For Sale By Unconditional Online Auction
  • Guide Price* : £450,000+
  • Auction Ended 19/11/2020

Huntly Arms Hotel Charlestown Road, Aboyne, Aberdeenshire, AB34 5HS

For Sale Via ONLINE AUCTION, bidding opens on 17th November at 12 noon and closes on 19th November at 12 noon - REGISTER TO BID!

Location

Aboyne is a village which sits within the Marr area of Aberdeenshire, one of six administrative regions that make up Aberdeenshire Council. The village is located within Royal Deeside approximately 30 miles west of Aberdeen, 81 miles south east of Inverness and close to the Cairngorm National Park. It is accessed via the A93, the main arterial route from Aberdeen, and the B976. Stagecoach provides regular bus services to Aberdeen and the surrounding towns and villages. The area is home to a number of castles and is a popular tourist destination along the River Dee. Nearby attractions include Aboyne Castle, the Loch of Aboyne and Aboyne Golf Club. Every August, the Aboyne Highland Games is held on Charleston Green, situated directly opposite the subject property. These traditional highland games are in their 150th year and are a major attraction to the village each summer.

Description

52 En-Suite Bedroom Hotel

Rarely available at auction, this is a fantastic opportunity to purchase the Huntly Arms Hotel which is set in the picturesque village of Aboyne, surrounded by the beautiful Cairngorms Park and a stone’s throw from the River Dean. Probably the oldest coaching inn to be found in Scotland, the hotel dates back to 1432 and has played host to Jacobite leaders and later to Queen Victoria, who often rested at the Hotel on her way to Balmoral. The hotel ceased trading in March 2020 and the current owners are now looking for someone to take over the business and run it to its full potential. The property was valued by Lambert Smith Hampton in February 2018 at £925,000 (available on request) and the hotel had a turnover for 2017 year end of £553,216 so offers massive potential for the right buyer.

The accommodation comprises, Ground floor: reception and waiting area, Dinnie lounge bar , Grill room, function suite, The Tavern public bar, commercial kitchen, retail unit, former spa building, various stores, male & female WC’s, Pool room. On the upper floors are 52 en-suite letting bedrooms and Linen Stores. There is also a self-contained ground floor retail unit which is accessed from Station Square. Traditionally two separate units the property was previously trading as a pet supplies retailer. There may also be scope to convert the separate unused cottage to a residential dwelling (subject to relevant planning consents). This would further enhance the property and generate further additional income along with the retail unit.

The property is situated on grounds extending to approximately 1.36 acres and offers a unique opportunity to purchase this Hotel and utilise it to its full potential. Viewing is strongly recommended to appreciate the property on offer at such an attractive price.

52 En-Suite Bedroom Hotel
Extensive Grounds Approx 1.36 Acres
Historic Building
Turnover For Year End 2017 At £553,216
Previous Valuation 2018 At £925,000

Tenure

See Legal Pack

Administration Charge

Purchasers will be required to pay an auction fee of 1% of the purchase price subject to a minimum of £3,000 inc VAT unless otherwise stated

Disbursements

Please see Legal Pack

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* Guide | £450,000+
  • Hotel
  • 52 Bedrooms
  • Tenure: See Legal Pack
  • Unconditional (Immediate Exchange)

Call the team on 0141 339 4466 for more information

Note

  1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  2. General : While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.