Commercial Property for sale

22 Guild St - AB11

£1,399,995

Property Description

Commercial information

  • Business for sale

Key features

  • Established City Centre Hotel
  • 29 Bedrooms With A Further Three Under Construction
  • Stylish & Elegant Bar With 02:00am License
  • Expectional All Year Round Occupancy

Full description

Tenure: Freehold

General
A unique opportunity for a company to own it’s own iconic landmark building and hotel in Aberdeen city centre.
Aberdeen is the oil capital of Europe with some of the highest rates and occupancy in the country.

Sopranos boasts the very best location in the city. Shops, transport, food and culture are all on it’s door step
and for good measure some harbour views.


There is also the option for another local hotel to manage the day to day running of the business, if required.

Location
Sopranos boasts the best location: Opposite Union Square Shopping centre and in the heart of the city centre. It is located 50 metres from Aberdeen’s unique Transport Hub: Brand new train and bus stations all complimented by a port, taxi rank and the 727 Jet direct airport link bus which starts and stops outside the hotel. The city’s art galleries, cinemas and theatres are within five minutes walk. It is also at the gateway to the historical Merchant Quarter, home to the city’s best independent bars and restaurants.

History
Originally the Caledonian hotel, Sopranos was built in 1872 as Aberdeen’s first Railway hotel. It’s granite façade and baronial spires on the exterior, give way to modern bedrooms and an arty, stylish and elegant reception, bar and restaurant.

Management
The business has been carefully crafted to operate easily and efficiently. There is a simple cost efficient but effective management structure that allows new owners to take a back step or to explore the function and incremental opportunities with a more hands on approach. There is also the option for another local hotel to manage the day to day running of the business, if required.

Refurbishment & Services
Since the purchase of the hotel in 2005 every bedroom has been refurbished with new bedroom fittings and bathrooms, along with new corridors and ceilings. The hotel benefits from a new bar, kitchen restaurant and bistro added in 2009.

Assets & Property
Sopranos has 29 hotel bedrooms and a further 3 under construction. The entrance lobby leads to a beautiful Florentine & Parisian designed bar and restaurant space on the ground floor. The ground floor can easily be reduced in size to make way for a company’s office space or to add more bedrooms. Guests services and reception can be offered from either the ground floor or mezzanine. There are two entrances to the hotel and the restaurant. Both are off the main road - Guild street. There are a total of 22 double/twin rooms and seven single rooms with another three under construction. Above the mezzanine office level are a further three floors of bedrooms.
On the first floor a meeting and function room, for 30 delegates, converts from two of the large bedrooms. There is easy provision of a management flat on the third floor. The cellar offers a very large storage area with boiler room, drinks cellar, maintenance area, stores and laundry.

Future Oppurtunities
The hotel offers unrivalled opportunities to a new owner who wants to maximise the venue’s assets, as the current owners operate abroad away from the hotel industry. In 2016 the New Tivoli Theatre will complete it’s substantial refurbishment - the hotel is 20 metres away.

Showcase Your Brand
Looking to showcase your brand? Sopranos offers you an unrivalled opportunity to see your name and logo up in lights. The property is one of the first properties visitors see when they arrive in Aberdeen by boat, bus, train or air.

Trading Hours & Tarriff
The catering facilities are currently closed on Sunday. The business trades 12 months a year. Tariffs range from £55.00 at weekends and from £75.00 to £350.00 per person at peak mid week periods.

Electircal & Services
A complete new L2 fire safety/alarm system was added in 2009. 2014 saw the completion of the fuse boards upgrades and the complete rewiring of the ground floor. A new security camera system was added in 2013. The water board fitted an anti flood device to the cellar in 2012.

Nearest stations

  • Aberdeen (0.1 mi)
  • Dyce (5.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Bruce & Co

First Floor Office, Unit 9A South Gyle Crescent, Edinburgh, EH12 9EB

0131 291 0567 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Aberdeen (0.1 mi)
  • Dyce (5.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Bruce & Co

First Floor Office, Unit 9A South Gyle Crescent, Edinburgh, EH12 9EB

0131 291 0567 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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