Hotels and Motels for sale in Scottish Borders

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Hotels - Scottish Borders

Scottish Borders, Scotland

  • Freehold Price: £249,950  Price Reduced arrow_drop_down
  • Annual Turnover: £208,000
Seller Reference: BC44908
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Business Description
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Seller Reference: BC44908
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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 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.
Is accommodation included?:
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