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The Grapes Hotel 16 Douglas Square, Newcastleton, TD9 0QD

10 bedroom Commercial Property

Offers Over £275,000

Information

  • Bedrooms - 10
  • Reception Rooms - 6
  • Bathrooms: - 11
  • Garden - Rear
  • Parking - Off-street
  • EPC - Unknown

About the property

A most impressive, terraced hotel brings an exciting opportunity to commercial investors or franchisers looking to open their doors in the picturesque village of Newcastleton. The Grapes Hotel, located centrally at 16 Douglas Square, is a substantial, historic building that extends over a total of 745 sq.m (8,022 sq.ft) and currently offers expansive accommodation over three storeys. Offered to the market with vacant possession, the premises currently houses eight letting rooms, a self-contained two-bedroom owner’s apartment as well as three lounges/dining spaces (accommodating approximately 40 covers each), two function suites, three bars, commercial kitchen, male and female toilets that serve the ground floor as well as multiple store rooms / cellars.

 Internal Accommodation:

Internally, the ground level of the hotel comprises of an entrance hall with dining room, commercial kitchen, food store, lounge room with bar and cellar that leads through to WC facilities with the addition of the rear steading building that has been developed into a large games room with its own separate bar and a store room.

The first floor level above the original building comprises of six letting bedrooms as well as a laundry room and separate WC. Bedroom one, two, four and five all benefit from their own en-suite bath/shower rooms while bedrooms three and six share a separate shower room. Within the first floor of the steading, there is a self-contained owner’s apartment that comprises of an open plan lounge/kitchen, two double bedrooms and a well appointment Jack & Jill family bathroom. Also located on the rear elevation of the first floor is a rustic function suite with separate bar area.

The attic level comprises of a further two letting bedrooms with a shared shower room.

 External Accommodation:

In addition to the expansive internal accommodation, The Grapes Hotel also benefits from a well-appointed beer garden to the rear that also provides delivery access. There is also an off-street car park to the front of The Grapes Hotel that provides an abundance of parking for guests.

Overall, this stunning hotel is a wonderful addition to the commercial sales market and would ideally suit a commercial investor or franchise owner. It should also appeal to those with the vision to convert into a residential dwelling – whether this would be one large home or multiple terraced properties or apartments. Viewings are considered essentially in order to fully appreciate.

 Location:

The small rural village of Newcastleton, nestled within the beautiful valley of Liddesdale, offers a wide range of local amenities, leisure facilities and a well-regarded primary school as well as a wealth of community spirit and functions - inclusive of ‘Copshaw Festival’. A few miles from the border with England, on the Liddel Water, is the site of Hermitage Castle, a historic site which attracts tourists throughout the year and is open seasonally. Newcastleton is 10 miles east of Langholm, 17 miles south of Hawick, 24 miles north of Carlisle and 74 miles south of Edinburgh.

 Trading Figures:

The Grapes Hotel was tenanted for ten years prior to Covid, no trading records are available for this time.

 Listed Building Status, Conservation Areas and Other Relevant Planning Matters:

The Grapes Hotel is a category C listed building with further controls imposed by Planners to protect the architectural or historic interest of the building. Any proposed alteration may require listed building consent.

The hotel is also located within a conservation area and is designated by the Planning Authority to preserve character. They require planning permission to be sought for a range of works that would otherwise be considered permitted development.

 Rateable Value:

According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have been entered into the valuation roll at £14,500 (Draft 2023 Revaluation Rateable Value: £14,650). The uniform business rate for the current year is £0.49 pence in the pound. Occupiers may be eligible for 100% rates relief through the Small Business Bonus Scheme if the combined rateable value of all their business premises in Scotland is £35,000 or less.

 Legal Costs:

Each party shall be responsible for their own legal costs incurred in connection with the transaction with the purchaser liable for any LBTT and VAT.

Rooms

Features

  • Substantial terraced hotel
  • 8 letting bedrooms
  • 2 bedroom owners apartment
  • 6 lounges / function rooms
  • Picturesque location
  • Town centre location

Viewing Information

Strictly by appointment with the Selling Agent. To arrange an appointment to view please contact Cullen Kilshaw Hawick on 01450 372336.

Negotiator: Lauren Brown

We are open at the following times:

Monday to Friday: 9.00am to 5.00pm
Saturday: 9.00am to 12.00 noon

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