• 2 bed worker’s accommodation
• Dining / breakfast room
• Seafront location
A rare opportunity to purchase a hotel with spectacular views over Oban bay.
13 en-suite letting rooms
2 bed owner’s accommodation
2 bed worker’s accommodation
Dining / breakfast room
Offers over £474,995 Ref: 41221
The Palace Hotel is an extremely well run business that has been under our clients’ careful ownership for the past 35 years.
The business trades throughout the year and the property has been placed on the market due to the current proprietor’s wish to retire.
Along with business generated through various websites, such as laterooms.com and booking.com, The Palace Hotel also benefits from its own informative website:
The hotel enjoys much repeat custom, particularly due to the welcoming first class service offered by the current owners and receives excellent reviews from previous guests.
The business also receives regular custom from guests visiting neighbouring islands such as Mull, Colonsay, Barra, Uist and Islay, due to its location close to the ferry port.
Summary. The sale of The Palace Hotel offers a rare opportunity to purchase a long established and well run hotel in Oban. The business is currently trading successfully but has much potential for expansion and new owners may wish to benefit from the dining area and bar by introducing evening meals.
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