Shepherd brings to market Maxwood Hotel, Galston for sale or lease
05/06/2023
General News
Shepherd Chartered Surveyors is bringing to market Maxwood Hotel, Galston for sale or lease.
Located in a primarily residential area of Galston a short distance from the town centre, the long-established and well-known hotel is set within an extended and converted Victorian villa which includes landscaped areas to the front with beer garden and parking to the rear.
Ground floor accommodation comprises an entrance vestibule, restaurant, bar, kitchen, cellarage, two sets of customer toilets, management offices and storage accommodation, while the first floor comprises four bedrooms (two with en-suite shower rooms), a storeroom, bathroom and shower.
The property is well appointed throughout with the restaurant having around 60 covers with a large public bar adjacent. The hotel has a large well-appointed commercial kitchen. The four first floor bedrooms are currently not in use.
Shepherd Partner Kevin Bell said: “This hotel has been owned for a number of years by our clients who are looking to sell to enable them to focus on other interests. In order to suit their other commitments, the business trades only three days a week, from Friday to Sunday, opening restricted hours during these days with the current trading operation being food led.
“There is undoubted scope to extend the trading hours and develop the bar trade with potential to generate income from the currently unused letting bedrooms. We consider there to be significant potential to increase income levels within a short period of time.”
Offers over £175,000 are invited. Alternatively, rental offers over £12,000 per annum are invited together with an ingoing premium of £15,000. Interested parties should contact the sole selling and letting agent on 01292 267987.
ENDS
For further information please contact Kevin Bell on 01292 267987
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