KW1 5ED - Hotel for sale in Mackays Hotel, Union Street, Wick, KW1 5E…

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Hotel for sale in Mackays Hotel, Union Street, Wick, KW1 5ED, KW1

Summary - Mackays Hotel, Union Street, Wick KW1 5ED

1 bed 1 bath Hotel

**Standout Features:**
- Prime riverside location in Wick on the NC500 tourist route
- Award-winning, fully operational 30-bed hotel with various amenities
- Established bistro and whisky bar, popular with tourists and locals
- Extensive development opportunities, including vacant buildings and land
- Biomass boiler and Green Award for tourism, showcasing environmental commitment

**Summary:**
Mackays Hotel offers a unique opportunity to own an award-winning establishment in a prime location on Union Street, Wick. With 30 well-appointed en suite bedrooms, the hotel boasts a renowned bistro, whisky bar, and versatile function spaces, making it an attractive destination for leisure and business travelers alike. Built in 1883, this traditional stone property combines historic charm with modern amenities, including a biomass boiler for eco-friendly operations.

The potential for future growth is significant, with options to expand accommodations and event offerings to capitalize on the increasing tourism around Wick, John O’Groats, and the Orkney Islands. The ample surrounding land enhances development prospects for self-catering options or residential units, meeting the rising demand as this coastal area evolves into a hub for renewable energy and tourism.

While the hotel operates a robust business model with an annual turnover exceeding £1.1 million, potential investors should note the current EPC rating of F and assess necessary maintenance and possible renovations. This is a rare chance to shape the future of a well-established business in a thriving area. Act quickly to secure this exceptional investment opportunity!

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