Guest Houses for sale in Castle Douglas

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Y. MacGregor (Nov 2017)
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Freehold Price: £339,995 Price Reduced Annual Turnover: £1
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Business Description
• Detached Property
• 6 Letting Bedrooms
• 2/3 Bed Owners Accommodation
• Excellent Potential

Former Hotel In Castle Douglas
Excellent opportunity to purchase a once popular hotel which is ready for new enthusiastic owners to return the business to its former glory.
REF - 43163
Price - £339,995

Bruce and Co. are pleased to offer for sale The Station Hotel situated in the town of Castle Douglas within Dumfriesshire. The property was purchased by our clients in 2003 when they began trading as a licensed hotel and restaurant. Due to health reason in 2009, the vendors down sized the business and continued to trade as a B&B until, due to bereavement, our client ceased trading in 2010. The business has now been placed on the market due to our clients impending wish to retire and relocate. The Station Hotel is well presented to a good standard and needs no further work before new owners could commence immediate trading. In addition to revenue derived from letting accommodation the business benefits from a bar area and a function room/restaurant both of which offer excellent ways to increase turnover when this business is made operational again.

Summary. Excellent opportunity to purchase a once popular hotel which is ready for new enthusiastic owners to return the business to its former glory.

Price
Offers over £339,995 are sought for the freehold, fixtures, fittings and goodwill. Stock in trade will be additional at valuation.
Tenure: Freehold

Listed by: Bruce & Co

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BC43163
Seller Reference:
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