Two hotels – Shetland
- £3,900,000
Overview
- Business, Hotels, Hotels and Motels
Description
30-year trading history under the current director, operating as a hotel since the 1930s.
Both properties within a short drive of each other, local to the airport and numerous tourist attractions.
Nearest competing hotel is c.24 miles north in the island capital of Lerwick.
Income diversified through business, tourism, and local oil industry.
Kings Corporate are delighted to present Project Brooke, a leisure company . The business is well-established and its two hotel in Shetland, making it an excellent acquisition. The vendors now wish to retire, with the business representing an excellent acquisition for an existing operator within a similar sector or a new market entrant. Business is available on a freehold basis. Ref: 48694
Details
Updated on February 16, 2025 at 6:52 pm-
Price £3,900,000
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Property Type Business, Hotels, Hotels and Motels
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Property Status For Sale
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Tagline Hotels and Motels
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Annual Turnover £2,500,000
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