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ref: 302759

Busy 8-bedroom hotel in popular Deeside town for sale

Available
Marketing
Price
Offers Over £700,000 (€798,350 approx)
Location
Douglas Arms Hotel, 22 High Street, Banchory, AB31 5SR
Property Type
Hotels
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KEY FEATURES



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Busy 8-bedroom hotel in popular Deeside town for sale
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High St. location & proximity to good population centres
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Refurbished lounge bar/bistro; private flat
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Established & stabilised business with good level of T/O
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EPC Rating = G

DESCRIPTION


The Douglas Arms Hotel has a prominent main street location in Banchory’s High Street – truly a town centre hotel. Whilst, as a result, the hotel draws custom from passers by on the main A93 Aberdeen to Braemar Road, it is the patronage from locals, visiting fishermen, tourists and golfers, as well as a range of commercial custom, that is the core of the Douglas Arms Hotel business – a good owner driven and operated hotel.

Banchory is a busy community on the River Dee, only some 18 miles from the City of Aberdeen – where there is the International Airport. Deeside increased in popularity in the 19th century courtesy of Queen Victorias purchaser of the Balmoral Estate at nearby Ballater where the Royal Family still visit annually – ensuring the continued perennial appeal of the Royal Deeside to a myriad of visitors all of which produces businesses to the local hotels. It is, however, the fame of Deeside for its field sports, fishing; shooting; stalking; that gives huge benefit to the Douglas Arms Hotel, coupled with the ease of accessibility to Aberdeen.

The current owners purchased the Douglas Arms Hotel in 2007 and have successfully developed the business creating a popular town centre hotel facility. With the decision taken to dissolve the partnership the Douglas Arms Hotel is to be sold offering a wonderful opportunity to new owners to acquire an established business in a popular locality.


Misrepresentation Act
Colliers International gives notice that these particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Purchasers, Lessees or Third Party should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of Colliers International has any authority to make any representation or warranty whatsoever in relation to this property. 22/10/2019

Colliers International is the licensed trading name of Colliers International Property Advisers UK LLP which is a limited liability partnership registered in England and Wales with registered number OC385143. Our registered office is at 50 George Street, London W1U 7GA.

Copyright (c) 2019 Colliers International Property Consultants Limited. Company registered in England & Wales no. 7996509.
Registered office: 50 George Street, London W1U 7GA  Tel: +44 20 7935 4499