Scottish Castle

Currently operating as a luxury 4-Star Building and Country Club with more than 10% ROI, this magnificent property is offered for sale as an ongoing business or for easy conversion to a private residence. The property is a Grade 2 Listed Building meaning it has been designated a property of special historical interest in the UK making it a unique investment opportunity.

The property is nestled on the banks of the River Lossie within beautiful grounds, yet only a few minutes walk to the historical centre of Elgin in Morayshire, Scotland.

Rated at 4-Stars by both the AA and VisitScotland.com, The property is the perfect destination for business or pleasure. Decorated in an elegant country house style, this 19th century Baronial mansion combines the grace of a bygone age with all the modern amenities of a 21st century building.

The property has many Golf Courses nearby, offers a unique experience of a truly magnificent setting and Scottish hospitality. Set on the famous “Whisky Trail” and near many of Scotland’s major attractions.

For further details please contact Khun Napapat (Thai & English) at info@landscopethailand.com or by calling +66 (0)63 429 6546.

Description

The property is a former baronial mansion house, believed to be in excess of 130 years of age which has been extended to provide the current facilities; 22 en-suite bedrooms with a potential to extend further 15 bedrooms, also enjoys a full bar, restaurant, function suite and leisure facilities (gym & swimming pool). There is also a gate lodge, providing a further 3 bedrooms.

The entrance leads directly into the main hallway, to the rear of which is a reception area. The residents’ lounge is comfortably furnished with sofas and armchairs. The restaurant can accommodate circa 40 covers and there is also the bistro providing additional dining (20 covers). The building has a large modern catering kitchen which is comprehensively fitted.

The main hallway to the rear is currently furnished with a full-sized snooker table and adjacent to this is a further lounge and small bar. The function room is separately entered from the front, but also interconnected to the main building. It has a bar with serving area and substantial picture windows overlooking the rear garden area.

Completing the ground floor accommodation is the leisure club which has a swimming pool (10m x 5m), jacuzzi, sauna and steam room facilities. To the rear is a separate gym and there are male and female changing rooms which provide showers, toilets and lockers. There are five en-suite letting rooms at ground floor level, contained within an extension to the rear adjacent to the leisure facilities.

At first floor level there are two rooms which were previously let, one a beauty salon and the other a hairdressers. The remainder of the first floor is principally given over to letting accommodation, there being 18 rooms in total. They are either doubles or twins and many feature 4 poster or sleigh-style beds. Several also have sofa beds to accommodate families. The managers accommodation lies within the turret extension to the rear left, and is effectively on second and third floors. It comprises two bedrooms and a shower room.

The gate lodge is immediately adjacent to the entrance of the building. It has been extended to provide the current accommodation, part of which is over one and a half floors. The ground floor provides a lounge and dining room, both with feature fireplaces/walls, and a modern kitchen. There is also a bathroom, and two double bedrooms, one of which is en-suite. Above at first-floor level is a master bedroom with an en-suite shower room.

The property is set within attractive parkland although this is owned by the Local Authority. To the front of the building is extensive car parking and there is an external seating area together with some garden grounds.

Price & Hotel Operating Lease

The FREEHOLD property is competitively priced at GBP2.3 M (equivalent to c. THB93,883,282)

The Operating Hotel is available with or without an existing operator. Six months notice is required for terminating the existing lease.

Currently trading with 1-Year’s Operating Lease in place at GBP235,000 per annum in effect from December 2018.

NET ROI: 10.21% (based on the existing lease in place)

For further details please contact Khun Napapat (Thai & English) at info@landscopethailand.com or by calling +66 (0)63 429 6546.

Factsheet

Fact

18 January 2019

Information

Project: Scottish Castle

Number of building: 1

Number of unit: 25
 

Unit Type

Number of unit: 25

En-suite bedrooms inclusive of Gate Lodge

Facilities

Restaurant

La beaute Saloon

Wedding Function suite & Leisure Facilities

Gym & Swimming Pool

Gate Lodge (lounge, dining room & 3 bedrooms (recently refurbished ).

Price/Payment

Starting Price: GBP2.3 M (equivalent to THB93,883,282)

Location

The property is within a short walking distance of Elgin High Street, lying on the Western outskirts of the town centre. It is bounded to the West by the River Lossie, and to the East by residential development.

The Morayshire town of Elgin straddles the main A96 trunk route, which links Aberdeen, 68 miles to the Southeast, with Inverness, 37 miles West, the A96 being one of Scotland’s busiest thoroughfares carrying a substantial volume of vehicles to and from the two cities. It is situated on the Grampian Highland Whisky Trail, with many distilleries located nearby as well as first-class golf courses.

nearby amenities

Elgin Cathedral
Benromach Distillery
Loch Na Bo
Spynie Palace
Pluscarden Abbey
Knockando Distillery
Cove Bay
Cooper Park

EXplore the area

Scotland's Malt Whisky Trail

Whisky Trails in Scotland are becoming increasingly popular. The property is situated on the Grampian Highland Whisky Trail, enabling you to visit some of the famous distilleries.

Whilst on the Whisky Trail, you will have an opportunity to sample and purchase some of the most sought after and rare whiskies produced.

  • Benromach Distillery is located at Moray, Speyside, the acknowledged home of the finest Scotch. Benromach Distillery is a perfect example of tradition living in harmony with the modern times.
     
  • Cardhu Distillery was originally known as Cardow. Built along the Knockando River, Speyside and in the heart of whisky country, it gets its name from the Gaelic word for 'black rock'.
     
  • Glen Moray Distillery was established in 1897 along the banks of River Lossie within the city of Elgin and the capital of Speyside, and whisky making region.
     
  • Glenfarclas Distillery has been in the hands of the Grant family for six generations. One of the few independent family owned distilleries functioning in Scotland today, the Grant family has owned Glenfarclas since 1865.
     
  • Glenlivet Distillery produces the largest selling single malt whisky in the American market. Only the official bottling of the company are allowed to use the term appellation ‘The Glenlivet’. Established by father and son team George & J.G. Smith, which is still acknowledged on the label.
     
  • Glenrothes Distillery is proudly a centre of two local legends. One is the resident ghost clearly too fond of the whisky to take leave, and the other of the great fire which saw whisky flowing down the streets.
     
  • Macallan Distillery is a doggedly traditional distillery with its unusually small hand-make copper stills. Macallan Distilleries of Speyside in the Highlands produces the finest of single malt whiskies. The distillers insist on a sherry aging, always in dry oloroso casks which are shipped unbroken from Spain.
     
  • The Glenfiddich Distillery is a Speyside single malt Scotch whisky distillery owned by William Grant & Sons in Dufftown, Scotland. Glenfiddich means ‘Valley of the Deer' in Gaelic, hence the presence of a stag symbol on Glenfiddich bottles. The range extends from Glenfiddich's signature 12-Year Old through to rare, vintage and limited edition bottles.
     
  • Dailuaine Distillery enjoys the quality water from the Bailliemullich Burn and good supply of local barley. A few miles off the main Aberlour to Grantown road in Speyside, Scotland, its location represents the many romantic images of whisky making.
     
  • Knockando Distillery is perched on a high wooded bank in Morayshire amidst the hills along the River Spey. The name Knockando originates from the Gaelic phrase "cnoc an dhu" which means "little black hill".
     
  • Longmorn Distillery is located on the road from Elgin to Rothes and next to Benriach Distillery. Longmorn gets its name from ‘Lhanmorgund’, which means ‘place of the holy man’. There is a small church near by built in honour of an early Christian saint, St. Marnan or Marnoch.
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  • Golf in Morayshire Golf is the national sport of Scotland and not surprisingly you can find some of the best golf courses in Scottish regions. The property has many courses nearby, including Elgin Golf Club.
     
  • Elgin Golf Club was founded in 1906 and is a testing heathland course measuring 6401 yards with par of 69 and a standard scratch of 71, fully justifying its claim to be one of the finest inland courses in the northern part of Scotland. In recent years, the club has hosted a number of Pro-Ams, and received great praise from the Tartan Tour professionals with regard to the standard of the course and conditions of the greens.
     
  • Forres Golf Club is situated just off the A96 about 27 miles east of the Highland capital of Inverness, the town boasts impressive parks and gardens with outstanding floral sculptures as well as its own 18 hole parkland golf course.
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    Designed by Open Championship winners James Braid and Willie Park, the Par 70 course is just less than 6300 yards from the tips and, although not the longest by today’s standards, it provides a good test for golfers of all abilities.

In its recent history Forres has been honoured to host events such as the Scottish Professional Championship, the Northern Open, and the Scottish Young Professionals Championships - a testimony to it’s quality.

  • Moray Golf Club course is considered to be one of the finest links courses in Scotland. A classic links designed by Old Tom Morris with deep revetted bunkers, undulating gorse-lined fairways and smooth fast greens. It is a superb test of golf with seven par fours over 400 yards.

Henry Cotton's preference for precision golf can be seen with the shorter but somewhat tighter new course with greens smaller than the Old but every bit as good, and equally challenging and rewarding.

Moray Golf Club is truly one of Scotland's gems, a fitting tribute to the artistry of Old Tom Morris and Henry Cotton and a must for golfers visiting the area.

  • Kinloss Country Golf Club is an exciting parkland course offers the golfer the choice of playing one of two very different 9-hole courses or the opportunity to play all 18 holes. Course 1: Par 34, 2535 Yds. 
    A gently undulating course offering enjoyable but challenging play together with magnificent panoramic views across the Moray Firth to the distant Caithness mountains. Course 2: Par 35, 2909 Yds. longer and more challenging than Course 1, demanding the concentration of the more experienced player.

Price & Hotel Operating Lease

 

The FREEHOLD property is competitively priced at GBP2.3 M (equivalent to c. THB93,883,282)

The Operating Hotel is available with or without an existing operator. Six months notice is required for terminating the existing lease.

Currently trading with 1-Year’s Operating Lease in place at GBP235,000 per annum in effect from December 2018.

NET ROI: 10.21% (based on the existing lease in place)

 

For further details please contact Khun Napapat (Thai & English) at info@landscopethailand.com or by calling +66 (0)63 429 6546.


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