The Redgarth, Kirk Brae, Oldmeldrum, Inverurie, Scotland, AB51 0DJ

Property Details: • Type: Ask agent • Tenure: N/A • Floor Area: N/A

Key Features: • 6 Ensuite Letting Rooms • Opportunity to extend Letting Rooms • Restaurant & Bar • Dining Room, Private Garden & Car Park • Strong Financial Performance • EV Charger, EPC Rating G • Christie & Co Ref: 5265434

Location: • Nearest Station: Inverurie Station • Distance to Station: 4.1 miles

Agent Information: • Address: Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

Full Description: DescriptionAn excellent opportunity to acquire a historic well performing business in the in the Scottish Highlands with a long trading history. Our clients have owned the business for 34 years and are now reluctantly selling due to retirement. The Redgarth would be well suited to an owner operator, family business or could compliment an existing portfolio due its high level of turnover.LocationOldmeldrum (commonly known as Meldrum) is a village and parish in the Formartine area of Aberdeenshire, not far from Inverurie in North East Scotland. With an expanding population of 3120, Oldmeldrum falls within Scotland's top 300 centres of population. Oldmeldrum is home to one of the oldest whisky distilleries in Scotland, Glen Garioch, which was built in 1797. Local industries are agriculture and engineering services connected to the oil industry in Aberdeen.To the north of the village is Meldrum House, a mansion and castle built in the 17th Century, and which is now a hotel and golf course. Oldmeldrum Town Hall was completed in 1877.To the east of the village is the Oldmeldrum Golf Club. Founded in 1885, its 14th fairway contains a rock where John Comyn, Earl of Buchan is said to have lain and lamented his loss to Robert the Bruce at the Battle of Barra. Also to the east of Oldmeldrum is the ruined Tolquhon Castle which is noted for its highly ornamented gatehouse. The castle was built between 1584 and 1589 and is now maintained by Historic Scotland; the castle is open to the public during the summer months.The town of Oldmeldrum commands wonderful views over the Eastern Grampians, including the Bennachie range of hills. It is surrounded by castles, stone circles and golf courses and being centred on the North-East 250 tourist trail is very popular with visitors.Just outside Oldmeldrum, there is a wide range of activities from archery, to water zorbing, to 4x4 blindfold driving. The on-site Lochter Fishery is host to three lochs – Muckle, Trout, Osprey and Heron, and together there is approximately 20 acres of fishing. With so many transport options, Aberdeen and Aberdeenshire have never been easier to get to. Aberdeen can be reached by road, rail, sea or air and when you get here Aberdeenshire is easily accessible by public transport, taxi or car. As the gateway to the Highlands, and only a 2.5 hours’ drive to Edinburgh or Glasgow, Aberdeen and Aberdeenshire are the perfect point to start visitors Scottish journey.Internal DetailsThe bar and restaurant is situated at ground level and can accommodate for around c.60 via a mixture of moveable tables and chairs, as well as fixed seating. A modern dining room with moveable tables and chairs can accommodate c.40 guests and is used for breakfasts and private events. Located at ground floor to the rear of the building is a fully fitted commercial kitchen, boiler room, cellar and office. Male and female toilets are also situated on this level within the main bar/restaurant area. A private internal staircase gives access to the accommodation located on the first floor.Fixtures & FittingsAll fixtures and fittings will be included in the sale. Any personal belongings owned by the current owners will be removed before the sale.Letting AccommodationThe letting accommodation is located on the first floor and accessible for guests via a separate entrance. Beech Room - Deluxe Double RoomCherry Room - Traditional Twin Room or Super KingYew Room - Executive Double RoomHawthorn Room - Double Room with Sitting Area.Oak Room - Deluxe Double RoomAsh -Deluxe Double Room with Balcony.All rooms are ensuite and finished to a very high standard, with each room having its own unique elements and tastefully designed with no expense spared.External DetailsBeautifully landscaped gardens house a snug heated smoking area than can be used all year round seating c.10 people, accompanied by a selection of picnic tables for c.24 people.A large carpark to the front ha the capacity of c.30 cars.2 x 22 kw electric chargers installed in rear carpark for use by patrons.There is sufficient area to rear of premises for further development.The OpportunityAn excellent opportunity to acquire a well performing business situated in the picturesque town of Oldmeldrum, Inverurie. The business has built a great reputation welcoming both locals and tourists. Our clients have owned the business for 34 years and are now reluctantly selling due to retirement. The Redgarth would be well suited to an owner operator, family business or could compliment an existing portfolio due its high level of turnover.The business currently trades as a restaurant and bar, with six letting rooms each with their own unique look. The bar pours local beer, cask ales and drams from the local distillery, and the restaurant offering dishes ranging from seasonal Scottish specials to fish and chips. All are prepared by a team of well-established skilled chefs. The Redgarth boasts exceptional reviews across online platforms such as Google, TripAdvisor, Booking.com and Facebook.StaffAll employees will transfer with the sale under TUPE.Trading InformationFull Trading Profit & Loss Accounts will be provided to seriously interested parties after a formal viewing.Business RatesThe Rateable Value is £25,500 with effect from 1 April 2023. Confirmation of actual business rates payable should be obtained from the local Authority.RegulatoryPremises LicenseEnergy Performance CertificatesEPC 1