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ref: 224735

Excellent GlasgowCity Centre 52 bedroom hotel for sale

Available
Marketing
Price
Offers Around £3,400,000 (€3,877,700 approx)
Location
Best Western Glasgow City Hotel, 27 Elmbank Street, Glasgow, G2 4PB
Property Type
Hotels
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KEY FEATURES



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Excellent City Centre 52-bedroom hotel
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Conveniently located for Glasgow’s exhibition/entertainment “hub”
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Residents lounge and breakfast room
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Established B&B business, only – operated under management
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Good profits on turnover £817,735 (net) January 2019
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EPC Rating - G

DESCRIPTION


The Best Western Glasgow City Hotel is a well-established and well located business in Glasgow City Centre, convenient to the commercial and retail centres of the city and the important exhibition and entertainment “hub” at the SECC and Hydro. The City Hotel is therefore an ideal hotel business for a good cross section of the leisure, corporate and business traveller. The hotel is a short walk from Charing Cross railway station, which provides convenient links to Glasgow’s Queen Street mainline station and the M8 motorway is readily accessible, only a few hundred metres away.

Originally created from two adjoining town houses, The Best Western City Hotel has been extended to the rear and provides an excellent cross section of style of bedroom accommodation. The business, quite purposely, has been operated on a bed and breakfast basis only which not only ensures ease of management but also good profitability.

The City of Glasgow needs little introduction – it being an important commercial centre and of course is a convenient base from which to explore other localities of Scotland.


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. 26/08/2019

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