219 King Street, MLS # NB019606, St. Andrews Business For Sale

219 King Street, St. Andrews, New Brunswick, Canada, E5B1Y1

$2,900,000.00

PROPERTY INFORMATION

Business Type:
Business
Property Type:
Business
Industrial Area:
0
Age:
1897
Financial Statement:
No
Freestanding:
No
Heating:
Baseboard heaters, Forced air, Radiator

Remarks

Once in a lifetime opportunity to own Kingsbrae Arms, an exceptional landmark Inn overlooking the Bay of Fundy adjacent to famed Kingsbrae Garden. For more than 20 years the inn has achieved record-breaking revenues and earned countless awards. The historic estate is located in St. Andrews by the Sea and is currently in operation with website, Kingsbrae.com and proprietary booking engine. The main house was built in 1897 and is decorated in polished wood and marble, featuring over 14 period fireplaces throughout. One-of-a-kind four-poster beds and mahogany armoires grace the guest suites in the main house. A fully equipped professional kitchen with walk-in fridge and 3000-bottle capacity wine cellar are a chefs culinary dream. The adjacent cottage features south-facing floor to ceiling passive solar windows giving out to herb and vegetable gardens with a greenhouse providing produce for the restaurant. A second commercial kitchen in the cottage increases venues for entertaining discerning guests. Buyers will appreciate the attention to detail throughout, which can be viewed on the website. There are a total of 17 well-appointed rooms and suites for year round operation to maximize revenue potential along with multiple venues for weddings, events and restaurant dining options. There are four staff bedrooms. The inn and cottage can be sold separately, however the bundled price of the two properties represents a significant discount off the individually priced properties. (id:5706)

Brokered By: FUNDY BAY REAL ESTATE GROUP INC. (S188)