Hotels and Motels for sale in Scottish Borders

View the "Hotels - Scottish Borders" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Hotels - Scottish Borders

Scottish Borders, Scotland

  • Freehold Price: £249,950  Price Reduced arrow_drop_down
  • Annual Turnover: £208,000
Seller Reference: BC44908
Request DetailsEmail email
Business Description
 
 
 
 
 
 
 
 
 
 
 
 
Image 1 of 12 video_library
Seller Reference: BC44908
Request Details
Business Description
• 8 en-suite letting rooms, could add owner's accommodation
• Public lounge bar
• Restaurant/function suite - great potential to increase turnover with full food service
• Outside seating area

The sale of The Castle Hotel offers a rare opportunity to purchase a well presented property which is trading well but with potential for expansion of the business by offering food services.
Price: £249,950
Ref: 44908

The Castle Hotel is a well run business that has been owned by the current proprietors since 2002. The business is currently running under management. Since purchasing the property, the current vendor’s have renovated and upgraded the property. The hotel is now presented in good condition throughout, and offers a profitable small business. The property has been placed on the market due to the current proprietor’s other business commitments. The business trades throughout the year and its quality is reflected in the number of awards it currently holds such as achieving 7.5 out 10 on booking.com and being well regarded in the area. The business is trading well but offers any potential purchaser the opportunity to expand the business. There is significant potential to increase turnover by offering a full food service.
Tenure:
Freehold
Is accommodation included?:
Yes
Listed by:
Request Details

Find out more about this business opportunity.

* REQUIRED

Finance Services

Would you like a free no-obligation discussion with a qualified finance provider who could help you to buy this business?

You will ONLY be contacted by your local ASC Finance director. Your details will not be passed on to any third party.

Please note that Daltons Business will send the above details to the seller of the business. By submitting this form, you confirm that you agree to our website terms of use, our privacy policy and consent to cookies being stored on your computer.
You may also like...
loder imageloder image