MOORINGS HOTEL | FORT WILLIAM | -SHIRE | PH33 7LY > Captivating 4-star, 32-bedroom tourist and commercial hotel > Superbly positioned alongside the Neptune’s Staircase of . > Views of from most bedrooms > Excellent profits on t/o around £1.75 million (net) to August 2017 > EPC Rating = G

OFFERS of £2,250,000 The Moorings Hotel, with its superb location alongside the Neptune’s Staircase, a series of locks on the Caledonian Canal, has evolved over many years to what is now one of Fort William’s premier 4-star hotels. The recent addition of the Moorings Bistro & Café – with access to the Caledonian Canal walkway – along with 5 deluxe bedrooms above, has added an additional facet that has proved extraordinarily popular to the Moorings Hotel. Plus, with views of the famous Ben Nevis, the Moorings Hotel is a great place for tourists, visitors and local alike to come and visit to ‘soak up’ the delights of this location.

Fort William, a perennially and popular well known tourist destination, combines its role as a resort, summer and winter (with the attractions of Ben Nevis, Aonach Mor, Caledonian Canal and surrounding Highland Countryside), and as an important commercial service Introduction centre for the local industries and indigenous population.

MOORINGS HOTEL | BANAVIE | FORT WILLIAM | INVERNESS-SHIRE | PH33 7LY The Moorings, originally a private dwelling, has been substantially The sellers have owned and operated the Moorings Hotel since 1997 extended and developed over many years with the original house now but now, with the decision to retire from the business, the Moorings unrecognisable. The hotels range of facilities – bar, restaurant, bistro, Hotel is offered for sale and is an exciting and excellent opportunity for café, function room and range of bedroom types – ensures its appeal to new owners – whether they be private operators or a small group – to not only a regular base of custom but a wide cross section and the new acquire a very established and profitable business in, undoubtedly, one bistro &café and bedrooms have added to that attraction. of the most popular destinations and localities of Highland .

MOORINGS HOTEL | BANAVIE | FORT WILLIAM | INVERNESS-SHIRE | PH33 7LY MOORINGS HOTEL

Location

The hotel is located in Fort William, a town in the western , on the shores of . It’s known as the gateway to Ben Nevis, the UK’s highest peak, and valley, home to Steall Falls. The stunning Neptune Staircase on the Caledonian Canal, is at the beginning of the southern end of the Great Glen, which leads all the way to Loch Ness.

MOORINGS HOTEL The nearby Nevis Range Resort has ski runs and forest trails, plus a World Cup Downhill Mountain Bike track. Not far away is viaduct, famous for its inclusion in the Harry Potter films and the steam train to . In the town centre, the West Highland Museum focuses on regional life and history, while to the northeast, Ben Nevis Distillery makes some excellent whisky.

MOORINGS HOTEL | BANAVIE | FORT WILLIAM | INVERNESS-SHIRE | PH33 7LY PUBLIC ROOMS From the car park at the front of the hotel the Main Entrance, via a vestibule, leads into the Entrance Hallway with Reception/Reception Office to the left hand side.

The public rooms are arranged throughout the hotel and include the Upper Deck Lounge Bar (50) with bar servery which is open plan to the Moorings Bistro & Café (120 including terrace) which has its own dispense servery and with doors accessing the terraced deck area alongside the Caledonian Canal. At lower ground/garden level is the Mariners Bar (50) with bar servery. Central to the hotel is Neptune’s Restaurant (40) with dispense servery and The Property the Caledonian Function Room (130) which is split level and has its own bar servery. At lower ground/garden level is the Canalside Meeting Room (30) and a small gymnasium with separate ladies’ and gents’ changing facilities with showers and toilets.

LETTING BEDROOMS 32 letting bedrooms – 6 superior deluxe; 10 superior; 16 standard – to sleep 66 (29 zip & link double/twin; 2 double; 1 family). All of the bedrooms have en-suite facilities – 29 bath with shower; 3 shower only. All of the rooms are equipped with ironing board, TV, tea and coffee facilities.

MOORINGS HOTEL | BANAVIE | FORT WILLIAM | INVERNESS-SHIRE | PH33 7LY SERVICED AREAS The main hotel kitchen with walk in fridge. Cellars and cellar store, etc. Office accommodation. Staff-room, with freezers and staff washing machine/tumble dryer. Separate Moorings kitchen to serve the Moorings Bistro & Café.

OUTSIDE The Moorings Hotel has a superb location alongside the Neptune’s Staircase of the Caledonian Canal, with direct access from the hotel grounds and Moorings Bistro & Café to the walkway alongside the canal proving an appealing draw and attraction to the visitors to Neptune’s Staircase (which attracts approx. 50,000 visitors annually – Source: Scottish Canals). There is ample private car parking included with the Moorings Hotel – 45 spaces.

MOORINGS HOTEL | BANAVIE | FORT WILLIAM | INVERNESS-SHIRE | PH33 7LY MOORINGS HOTEL | BANAVIE | FORT WILLIAM | INVERNESS-SHIRE | PH33 7LY The Moorings, Banavie Fort William PH33 7LY

Ben Ard

4 Salen

T SERVICES TRADE EN Banavie C ES Guest House Craignure R C Highland Council, Inverness (01349 886606). Trading accounts for the year ending

L I The Lock E e H s Mains water, electricity and drainage. LPG gas. 30th April 2017 show a total turnover of C a c O Taormina Seanivan r L e i s u t a El Sub Sta o s t H e Partial central heating from oil fired boiler, £1,669,216 (net of VAT) producing an d W S r d fo n l a 's e t T s e a Kalern E n tu plus electric heating. excellent EBITDA trading profit. 2017 season p e N TCB is up on the previous year with the ‘rolling’ Carnoch Glenmallie LICENCE 12-month turnover to 31st August 2017 at The Moorings Premises Licence (Hotel) £1,745,444 (net of VAT). The Jan-Dec2016 room occupancy was an excellent 85.54%. k n c GRADINGS C Lo Trading accounts will be made available to Bol rd AA 4-Star Hotel : STB 4-Star Hotel lla Car o n B C genuinely interested parties preferably after Park Telford House

l o viewing the property. B WEBSITE

Ref : 92468 July 2017 www.mooring-fortwilliam.co.uk

Ordnance Survey National Grid Reference Number : NN1176NW 0m 25m 50m 75m Easting, Northing : 211339m, 777016m s rd la © Crown Copyright 2017. All rights reserved. Licence number 100022432. Plotted Scale - 1:1250l

Ross Lornie & Co Ltd [email protected] T.0131 555 0718 MOORINGS HOTEL | BANAVIE | FORT WILLIAM | INVERNESS-SHIRE | PH33 7LY PRICE Offers of £2,250,000 for the freehold (heritable feuhold/ outright ownership) property complete with goodwill and trade contents (according to inventory) excluding personal items. Stock and valuation.

ADDITIONAL PROPERTY A separate house - 3 MacKay Crescent, , Fort William, PH33 7JB – currently used by staff is available in addition, by separate negotiation

OFFERS Offers should be submitted to Colliers International with who purchasers should register interest if they wish to be informed of closing dates.

FINANCE Colliers International is able to assist perspective purchasers by introducing sources of finance if required. Whilst we do not charge the buyer for this service, we may receive an introductory commission from the vendor or broker involved.

TO VIEW All appointments to view must be made through the vendors’ agents who are acting with sole selling rights.

DIRECTIONS From the north end of Fort William, take the A830(T) road, signposted Mallaig, following this for a little over one mile and the Moorings Hotel, after crossing the canal, is accessed on the right hand side via Banavie.

Fort William (centre) 3 miles; Loch Ness 31; Oban 51: Inverness 64.

MOORINGS HOTEL | BANAVIE | FORT WILLIAM | INVERNESS-SHIRE | PH33 7LY CONTACT Alistair Letham MAIN: +44 131 240 7575

DIRECT: +44 131 240 7570

MOBILE: +44 7836 341710

EMAIL: [email protected]

Colliers International 1 Exchange Crescent Conference Square Edinburgh | EH3 8AN

www.colliers.com/uk/hotels

Property Reference: 202995

Disclaimer Colliers International gives notice that these particulars are set out as a general outline only for the guidance of intending purchasers and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending purchaser should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of Colliers International has any authority to make any representation or warranty whatsoever in relation to this property. (September 2017) Colliers International is the licensed trading name of Colliers International Property Advisors LLP which is a limited liability partnership registered in England and Wales with registered number OC385143. Our registered address is at 50 George Street, London, W1U 7GA.