Hotel for sale

Barns Street, Ayr KA7

The Berkeley Hotel encapsulates a prime investment opportunity within the hospitality sector, combining strategic location, excellent connectivity, and substantial growth potential. Positioned close to the heart of Ayr town centre, the hotel enjoys high visibility and accessibility, making it attractive to both leisure and business travelers. Despite currently not being operational due to the previous owners' health issues, the property has a strong foundation for revitalization, with six / seven rooms ready to generate income through serviced accommodation for professionals. The hotel sits on extensive grounds featuring a large, enclosed garden, ideal for events and functions, with the capacity to cater to up to 100 people. Partial refurbishments have been made, with potential for expansion to 13 letting rooms, a sizable bar, dining area, and a private function suite. The property also includes a large car park, laundry room, storage facilities, and a private garden that can be restored to its former glory. This combination of features makes The Berkeley Hotel a compelling project for investors looking to capitalize on its previous success and unlock its full potential as a leading hospitality establishment in Ayr.

Rateable Value

Rateable Value of the property is £21,000 per annum according to the Scottish Assessors website.

Trading Information

It is not being sold as a going concern and no trading information is available.

Tenure

Scottish equivalent of freehold