ShareSave
£375,000

Canonbie, Dumfriesshire, DG14

Bedrooms
10

Key Features

  • 17th century, 10 bedroom detached hotel
  • Public bar (24), lounge (40) and restaurant (60)
  • Post Office/self-contained shop unit
  • Dedicated private accommodation
  • Large car park (24) and front patio (24)
  • Successful business - net profits £100,000+
  • SELLER REF 91925

Description

Canonbie ('Canonbaidh' in Scottish Gaelic) is a small village in Dumfriesshire. Located in the southeastern reaches of Dumfries and Galloway, it is located 9 miles northeast of Gretna Green, 6 miles south of Langholm and 2 miles north of the Anglo-Scottish border. Canonbie is adjacent to the A7 road which runs from Carlisle to Edinburgh and provides easy access to the Scottish Borders, Cumbria and Northumbria.

One of Scotland's oldest coaching inns, The Cross Keys Hotel is a traditionally built, two-storey, detached stone building which dates back to the 17th century. Sitting at the head of the village on the River Esk, this impressive building lies within a conservation area, however it is not a listed building.

The Cross Keys Hotel has been operated by our clients since 2013 and they now wish to offer the property to the market in order to retire. Since purchasing the property, our clients have carried out an extensive refurbishment programme which has retained the period character and charm of this traditional coaching inn. The works included the refurbishment of all en suite bedrooms and the upgrade of the business's public areas.

The Hotel is operated solely by our clients as a lifestyle business. If a new operator were to extend its opening hours, increase staffing numbers and reinvigorate the business as a destination venue, we believe it could become even more lucrative. The premises is only a few miles from Gretna Green so marketing the business to wedding guests and using the venue for private hire could see an increase in income.

It is our understanding that the year end turnover for March 2022 stands at £214,355, resulting in net profit of £103,939. Further accounting detail will be made available to serious parties following a formal viewing.

FREEHOLD Offers Over £375,000 to include fixtures, fittings and goodwill. Stock at valuation in addition.

No direct approach to be made to the business; please direct all communications through Sidney Phillips. Viewing strictly by appointment only.

Property details

Tenure
Freehold
Council Tax Band
Ask Agent
Date Posted
2026-01-29

Utilities & Restrictions

Utilities

Electricity
Ask Agent
Water
Ask Agent
Heating
Ask Agent
Broadband
Ask Agent
Sewerage
Ask Agent

Rights & Restrictions

Public Rights of Way
Ask Agent
Private Rights of Way
Ask Agent
Listed Property
Ask Agent
Restrictions
Ask Agent

Property Features

Accessibility
Ask Agent
Parking
Parking Available
Garden
Garden

Important notice: Information, maps and tags on this page are supplied by the advertising agent or generated automatically. LandSale has not verified them. Relying on these details is at your own risk, always carry out independent checks before committing to a purchase.

Enquire about this property

Contact Sidney Phillips Limited, Northern

Northern

View agent profile