12 room town hotel
Popular public bar
Residential development potential
Offers over £695000
The Imperial Hotel occupies a prime position within the market town of Castle Douglas situated on the main road opposite the town’s library and nearby Markethill Park. The Hotel benefits from excellent roadside presence with an impressive location on King Street which also houses further restaurants, hotels and a number of retail facilities. Castle Douglas has been designated a Food Town with approximately fifty local business involved in either the production or selling of food and drink. Alongside this the town and surrounding area has a number of pleasant attractions including Threave Castle and gardens whilst further afield Dumfries and Galloway is known for its stunning scenery including Galloway forest park and an excellent coast line. Castle Douglas offers a wide range of goods, services and recreational facilities and is well positioned on the A74 providing easy access to mainline railway facilities at Dumfries and the M74 motorway network allowing easy access to both the North and South.
The Guest House occupies a central location in the commercial coastal town of Peterhead, a few meters from the local amenities, facilities and services which includes a number of primary schools and a secondary school.
The property is well serviced with good road and public transport networks, being located 30miles north of Aberdeen just off the A90 a major coastal road in the northeast of Scotland passing through Aberdeenshire, Angus and Perth, providing links from Fraserburgh to Aberdeen and beyond.
The town has a diverse economy including food processing, textiles, service industries and fishing. It is fast becoming a major oil industry service center, playing a significant role in the development of North Sea oil and gas with significant industrial developments being introduced to the area including the world’s first full scale Carbon Capture Storage Project operated by Shell.
Peterhead has one of the UK’s most versatile ports serving a broad range of industries including oil and gas, renewables, fishing and leisure. With recent investments in the area and further developments within the energy sector planned, the demand locally for letting accommodation is sustainable and almost guarantees full occupancy.
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