Border Hotel The Green

The Border Hotel has 7 letting bedrooms, with 2 rooms let as a 2-bedroom apartment with living room and kitchenette. For a new owner, if need be, there is the opportunity to reinstate the apartment as a private flat. As well as the wonderful letting bedrooms, The Border Hotel offers its guests, visitors and locals alike, a plethora of areas to relax and socialise, with its bar, restaurant, function room and outdoor terrace. The current owners of The Border Hotel, who have a long, well-loved, history with both the hotel and the village of Kirk Yetholm, have decided to pass on this wonderful opportunity to new owners to acquire an established, popular and well-known village inn/hotel.
From the car park, there are two main entrances into the hotel, to the right an entrance leads through to public bar and restaurant area, with hotel reception accessed off. To the left of the hotel, the entrance leads directly into hotel reception with access to letting rooms.
Trading accounts for the 10-months ended 31st March 2023 show turnover of £300,534 (net). Management accounts for the 6-months ended 30th September 2023 show a healthy turnover of £343,108 (net). A clear indication that the business is on track to “hit” pre-covid sales of close to £500,000 (net). Accounts will be provided to genuinely interested parties, preferably after viewing of the property.
Offers around £575,000 are invited for the heritable (freehold) interest in the property, the trade fixtures, fittings and equipment, together with the goodwill of the business which is to be sold complete as a going concern. Stock in trade to be purchased at an additional price at valuation on the date of entry.