Well-established Newton Stewart hotel up for sale
Specialist business property adviser Christie & Co has been instructed to market The Crown Hotel, a well-established hotel, bar and restaurant located in the centre of Newton Stewart, Dumfries and Galloway.
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The Crown Hotel occupies a prominent town centre position on Queen Street in Newton Stewart, an established market town in Dumfries and Galloway, and is close to the River Cree and popular riverside walks.
There are 15 refurbished en suite letting rooms situated throughout the hotel, each beautifully presented and thoughtfully equipped. In total, the accommodation comprises four double rooms, four twin rooms, three family rooms and four single rooms.
Arranged across multiple levels, the property is elegantly finished and effortlessly blends historic charm with a well-maintained presentation. A notable feature is the substantial area of private hardstanding to the side and rear, providing valuable off-street parking for around ten cars.
Located on the ground floor, Knights restaurant has established itself as a highly regarded local dining destination benefitting from its own private bar and attractive conservatory area to the rear, which also provides direct access to the beer garden.
On the first floor, the function space, which can accommodate 120 people, is popular for weddings, private functions and celebrations, and there is potential for a new owner to further develop the function side of the business.
The Crown Hotel has an exceptional scenic location in southwest Scotland, surrounded by natural landscape and outdoor tourism opportunities. This property has significant potential beyond its current operation as a traditional hotel. In particular, it could appeal strongly to buyers seeking to develop a wellness retreat, spa destination, boutique nature lodge, or holistic wellbeing venue.
The growing demand for wellness tourism, digital detox retreats, and nature-based hospitality makes this an especially attractive opportunity for investors or operators looking to create a spa or wellbeing hotel, yoga or meditation retreat, luxury rural escape accommodation, or outdoor activity and wellness packages.
There are also five self-catering apartments with a sizeable plot of land available by way of separate negotiation.
The current owner Sinead Farrell has owned the business since 2008 and is looking to sell due to relocating abroad.
Tony Spence, Associate Director – Hospitality at Christie & Co, is managing the sale process and commented, “The Crown Hotel represents an excellent opportunity to acquire a well-established and profitable business in the heart of a popular market town. The property offers a strong combination of high-quality accommodation, a well-regarded food offering, and substantial function space, which together provide multiple, diversified income streams.
“We are continuing to see good levels of demand for regional hotels of this nature, particularly where there is clear scope for a new owner to further develop the business. The Crown Hotel is ideally positioned to benefit from this, and we expect it will attract a wide range of interested parties”.
The Crown Hotel is on the market freehold with an asking price of £895,000.
For more information about the property, visit: https://www.christie.com/6846700/
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