FOR SALE BY ONLINE AUCTION WEDNESDAY 26TH MARCH 2025 AT 9AM - ***AMAZING OPPORTUNITY TO ACQUIRE THE OLD MILL INN, A CHARMING HOTEL & RESTAURANT IN BRODIE***WELL ESTABLISHED HOSPITALITY GEM OFFERING A BLEND OF HISTORIC CHARM AND MODERN COMFORTS***ATTRACTIVE INVESTMENT FOR HOTELIERS, RESTAURANTEURS, OR THOSE SEEKING A LIFESTYLE CHANGE IN A STUNNING HIGHLAND SETTING***
***Discover an incredible business opportunity with The Old Mill Inn***
***The subjects comprise of a former mill of solid stone construction which has been converted to provide a five bedroom inn with bar, restaurant, and extensive owner's accommodation***
***Value*** VAS Valuation Group estimated value in March 2023 - £375,000
DM Hall estimated value in August 2022 - £550,000
***SPACIOUS SIZE*** - Total floor area of 2906 sq ft (270 sq m). Site area - 0.67 acres (0.27 hectares)
***KEY FEATURES***
*Prime Location* – Situated on the A96 between Inverness and Elgin, ensuring excellent passing trade from tourists and locals alike.
*Beautifully Presented Property* – Traditional stone-built inn with charming interiors and period features.
*Accommodation* – Spacious guest rooms offering a cosy and comfortable stay for travellers.
*Outdoor Seating & Gardens* – Attractive beer garden and outdoor dining area, ideal for summer trade.
*Ample Parking* – Convenient parking for both guests and diners.
***PROPERTY BREAKDOWN DETAIL***
- Ground Floor - reception, reception hallway, bar restaurant know as Hearth, mill room, front dining room, customers WC, commercial kitchen, various stores, beer cellar.
- First Floor - Five ensuite letting rooms, prep kitchen, various stores.
- Owner's - Private Suite (comprising two bedrooms, lounge, kitchenette and shower room) ensuite bedroom, further bedroom, living room, bathroom
- External Space - Mature garden ground to the front, service areas to the east and a large car park to the rear.
***This is a rare chance to acquire a exciting business opportunity in a stunning countryside location, perfect for attracting tourists exploring Speyside, Moray, and the Highlands as well as Business travellers in the high growth corridor between Inverness and Elgin.
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***RECENT NEARBY RESIDENTIAL PROPERTY SALES***
- 2, Fyrish Road, Findham, Forres, Moray, IV36 3YT - 4 bedroom - SOLD Dec'24 - £470,000
- 25, Watt Road, Forres, Moray, IV36 2PZ - SOLD Dec'24 - £400,000
- 35, Mannachie Rise, Forres, Moray, IV36 2US - 4 bedroom - SOLD Dec'24 - £375,000
***Forres is a town and former royal burgh in the north of Scotland on the Moray coast, approximately 25 miles (40 km) northeast of Inverness and 12 miles (19 km) west of Elgin.***There are many geographical and historical attractions nearby such as the River Findhorn, and there are also classical, historical artifacts and monuments within the town itself, such as Forres Tolbooth and Nelson's Tower.***Brodie Castle, the home of the Brodie Clan, lies to the west of the town, close to the A96.***Forres is situated on the A96 trunk route connecting the cities of Aberdeen and Inverness.***Forres railway station is situated just outside the town and is operated by ScotRail.***As of March 2022, the population of Forres, Scotland was 9,296.***Forres is served by Andersons Primary School, Forres Academy, Drumduan School, Applegrove Primary School and Pilmuir Primary School***A number of Christian churches have a presence in Forres***Forres, Scotland has many amenities, including a swimming pool, fitness centre, beaches, parks, and distilleries.***
GUIDE PRICE - £320,000
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AMAZING OPPORTUNITY TO ACQUIRE THE OLD MILL INN, A CHARMING HOTEL & RESTAURANT IN BRODIE
WELL ESTABLISHED HOSPITALITY GEM OFFERING A BLEND OF HISTORIC CHARM AND MODERN COMFORTS
ATTRACTIVE INVESTMENT FOR HOTELIERS, RESTAURANTEURS, OR THOSE SEEKING A LIFESTYLE CHANGE IN A STUNNING HIGHLAND SETTING
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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