Hotels and Motels for sale in Dundee

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Imran Ahmed (Nov 2014)
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Freehold Price: £419,995
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Business Description
• Popular Tourist Location
• Owners Accommodation
• Function Hall Registered For 250
• 50 cover Restaurant, 20 Cover Bar Area

18 Bed Hotel in Discovery City of Dundee.
Excellent opportunity to acquire a large successful hotel. Having undergone substantial refurbishment this 18 bedroom hotel is presented in fantastic condition. Due its perfect location in Dundee.
REF - 43026
Price - £419,995

Bruce and Co. are delighted to introduce to the market Craigtay Hotel, a beautifully renovated hotel in Dundee. Craigtay Hotel provides modern bed and breakfast accommodation in a traditional and commanding property with elegant interior making the business very unique in the local area. The business has been under the very caring ownership of our clients for 3 years during which time they have carefully implemented substantial refurbishments to the property to a very high standard and the business has reluctantly been offered for sale due to their impending wish to retire. Craigtay Hotel offers a choice of dining options in the bar or the restaurant and the business is well supported by the local community. Another attractive aspect of Craigtay Hotel is its function room which provides the perfect venue for conferences, parties, christenings and most importantly weddings. In fact, weddings have become a speciality at Craigtay Hotel and have proven in the past to be popular. Despite the success and popularity of this business there is still potential to increase turnover by increasing the marketing currently in place, particularly concentrating on the weddings/functions facility as at present our clients operate the business at a pace comfortable to their lifestyle.

Summary. Excellent opportunity to acquire a large successful hotel. Having undergone substantial refurbishment this 18 bedroom hotel is presented in fantastic condition. Due its perfect location in Dundee, close proximity to the motorway network and enviable customer base early viewing is essential as we anticipate extremely high interest.
Tenure: Freehold

Listed by: Bruce & Co
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BC43026
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