The Crown Hotel, a well-established hotel, bar and restaurant in the centre of Dumfries and Galloway market town Newton Stewart, is up for sale through Christie & Co.
Occupying a prominent town centre position on Queen Street, close to the River Cree and popular riverside walks, the Crown has 15 recently refurbished ensuite letting rooms in a variety of sizes.
Arranged across multiple levels, the property is said to be ‘elegantly finished’.
On the ground floor, Knights restaurant is a highly regarded local dining destination with a private bar and conservatory area to the rear, which provides direct access to the beer garden.
On the first floor, the function space, which can accommodate 120 people, is popular for weddings, private functions and celebration.
There is a substantial area of private hardstanding to the side and rear of the property, providing off-street parking for around ten cars.
In a scenic location in southwest Scotland, surrounded by natural landscape and outdoor tourism opportunities, the property is described as having significant potential beyond its current operation as a traditional hotel.
The growing demand for wellness tourism, digital detox retreats, and nature-based hospitality makes this an especially attractive opportunity for investors or operators looking to create a spa or wellbeing hotel, yoga or meditation retreat, luxury rural escape accommodation, or outdoor activity and wellness packages.
The sale also involves five self-catering apartments with a sizeable plot of land available by way of separate negotiation.
The current owner, Sinead Farrell, has owned the business since 2008 and is looking to sell due to relocating abroad.
Christie & Co’s Tony Spence said: “The Crown Hotel represents an excellent opportunity to acquire a well-established and profitable business in the heart of a popular market town.
“The property offers a strong combination of high-quality accommodation, a well-regarded food offering, and substantial function space, which together provide multiple, diversified income streams.
“We are continuing to see good levels of demand for regional hotels of this nature, particularly where there is clear scope for a new owner to further develop the business.
“The Crown Hotel is ideally positioned to benefit from this, and we expect it will attract a wide range of interested parties.”
The Crown Hotel is on the market freehold with an asking price of £895,000.
