HOTEL /DEVELOPMENT OPPORTUNITY – PETERHEAD SCOTLAND

  • Price: £329,950
  • Freehold Price: £329,950
  • Annual Turnover: £200,000
Peterhead, Aberdeenshire, Scotland
Seller Ref:50796
For Sale

HOTEL /DEVELOPMENT OPPORTUNITY – PETERHEAD SCOTLAND

Peterhead, Aberdeenshire, Scotland
Seller Ref:50796
  • Price: £329,950
  • Freehold Price: £329,950
  • Annual Turnover: £200,000

Overview

Seller Ref: 50796

Description

10 BEDROOM HOTEL and 4 PUBLIC ROOMS CURRENTLY TRADING
BAR, RESTAURANT AND COMMERCIAL KITCHEN
TURNOVER IN EXCESS OF £200K PA
EXCELLENT TOWN CENTRE LOCATION
AN IDEAL DEVELOPMENT OPPORTUNITY FOR FLATS/HMO
OR AN EXPERIENCED OPERATOR WITHIN L&L
ONLY SELLING DUE TO RETIREMENT
The Albert Hotel has been successfully trading under the current owners for over 20 years , they have 10 bedrooms and 4 public rooms , a bar area and separate restaurant with commercial kitchen , currently trading well but due to their impending retirement this is being sold as a development opportunity such is the demand in the area for residential flats / HMO type accommodation , this is a fantastic business opportunity to right developer , we are expecting a high level of interest so highly recommend an early viewing so not to miss out . Ref: 50796

Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
Yes
Is stock included:
NA

Listed By:

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