HOTEL /DEVELOPMENT OPPORTUNITY – PETERHEAD SCOTLAND

**Newly Reduced** 10 Bedroom Hotel with Bar, Restaurant & Kitchen
Turnover is in excess of £200K pa
Excellent Town Centre Position
An Ideal Development Opportunity, considering all the up and coming work that is happening in the area
The Albert Hotel is a terraced property, is spread over 3 floors & dating back to around late 1800s

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 . The demand for serviced accommodation is escalating due to the forthcoming projects – and the preparation is all ready underway – levelling up, Acorn , Carbon Capture etc Ref: 50796