4 bed Flat For Sale £40,000
Langholm, Dumfries & Galloway DG13

Reference - 48116

Description
The Zara Continental is located on the busy high street in the tourist town of Langholm, with private parking to the rear of the property. The property features 12 letting rooms, restaurant with 50 covers and a small bar area with pool table. It is only a short drive from Clan Armstrong Centre. Zara Continental is also a 20 minute drive away from Lockerbie Train Station and 30 minutes away from Carlisle airport.

The Zara Continental with restaurant, bar and lounge was a smoke free hotel which offered free wifi, room service, flat screen TVs with digital channels, and other amenities such as coffee makers, electric kettles and free toiletries. Flexible owner’s accommodation of four double bedrooms, lounge, bathroom, and fitted kitchen which could also be used to increase the amount of letting rooms or staff accommodation. This is a great investment opportunity to be reopened into a vibrant hotel and restaurant serving the local community and tourists alike.

Traditionally a B&B that did provide an all day restaurant with extensive Indian menu with bar snug area and games area. The turnover was in excess of £200k pa but with added marketing and social media exposure, this opportunity has great potential, especially as there is also an empty retail unit with a double frontage which could be rented out to a local business.

Accounts
Previous accounts can be inspected on viewing.

Building External
The Zara Continental is a substantial detached building situated in a prominent location on the high street of this busy town of Langholm, with a traditional stone built façade with a slated tiled roof. This vibrant tourist town attracts a lot of walkers and ramblers, who come to visit the various walking areas and hills within the valley of the River Esk, as well as a very busy passing trade with tourists visiting the burgh of Dumfries and Galloway.

Building Internal
The Zara Continental is divided into three areas on three levels but are all connected internally. Entering through the main PVC double glazed door leads into the pool room, bar /reception area, then into the restaurant with timber tables with the ability to provide 50 covers.

There is a chef’s stainless steel kitchen, with free standing appliances and dry store room. You then have access to the owner’s lounge and fitted kitchen area, access to 6 of the letting rooms, 3 double rooms which have en-suites and another 3 double rooms that share a large bathroom.

The rear entry to the retail unit is also located for easy access. Within the bar area are the stairs which lead up to the first floor, where you have a further 6 rooms consisting off 3 doubles, 2 family rooms and a twin, all with private en-suites.

The second floor is where the private owner’s accommodation is located with 4 double bed rooms, bathroom and an office room. These could also be used as extra letting rooms or staff accommodation. Using as addition lettings rooms would have the potential to substantially increase turnover.

There is also a double frontage empty retail unit attached available to rent out.

Residential Accomodation
4 bedroom flat, with bathroom and lounge.

Sales
Currently Not Trading.

Staff
Was previously managed by the owners with 3 full time and 3 part time staff.

Summary
Bruce and Co are delighted to bring to market this fantastic business opportunity which can be developed into something truly special, we are expecting a high level of interest, so we recommend early viewing so not to be disappointed.

Tenure
This is available on a leasehold basis at £20,000pa exclusive of rates. The freehold is also available if required.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

Trading Hours
Previous Trading Hours
Tuesday – Sunday 16:00 – 22:00 (Restaurant )
24 Hour for Hotel