Situated in the centre of the high street in the historic town of Lockerbie. This highly successful hotel is a rare and unexpected opportunity due to personal circumstances for a community minded hotelier who knows and loves the trade. Since the recent redevelopment of this period property, the hotel has seen an increase in trade. The unit comprises of a small but busy public bar popular with the locals, a residents lounge, a substantial dining room/ restaurant popular during the week and with a busy weekend trade. A large up to date kitchen, and still room. A spacious function suite used during the day by local clubs, is also popular for private bookings and is successful at the weekend as is the local disco. With 12 letting rooms, boasting a minimum 70% occupancy and advanced bookings, the current lessees are forecasting the same for at least the next year. The hotel also has owners accommodation, an enclosed patio area off the function room and smoking facilities. The hotel is offered with extensive business and income potential and lease flexible terms. The property would benefit from internal modernization within the bedrooms and lounge areas and this is reflected within the flexible terms. This is a seriously exciting opportunity for the right operators to realize the full potential of this business. Iona Pub Partnership offer full Business Development and marketing support For further info, contact Sarah Lowry on 07989146602