Hotel & Restaurant – N E SCOTLAND

Outstanding and profitable hotel & restaurant
Victorian granite building dates back to the late 18th century
20 bedrooms and 50 covers
Fittings and decoration have all been finished to a very high standard

An impressive hotel and restaurant in an excellent location on Scotland’s North East. The standard of cuisine, fixtures, fittings and decoration has all been finished to a very high standard by the current owners with over £250,000 being invested over recent years. The current owners have successfully managed to expanded the business from originally a 7 letting room establishment by adding a further 13 bedrooms over the ten years since they purchased the property. The property compromises of 20 letting rooms and 50 cover restaurant with one final consideration is that this substantial property provides flexible owners accommodation. If required the once detached owners bungalow which is now 4 of the 20 letting rooms, could easily be reconverted to suit the needs of a new owner. A very healthy turnover of £488,607 p.a with an exceptional EBITDA of £200,000. The hotel thrives on tourists, workers, corporate businesses and the local community. Viewing highly recommended. Ref 49028 Ref: 49028