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13 bedroom hotel for sale

Palace Hotel, 20 George Street, Oban, Argyllshire, PA34

POA

Property Description

Commercial information

  • Business for sale

Key features

  • 13 en-suite letting rooms, 2 bed owner's accommodation
  • 2 bed worker's accommodation, Bar area
  • Dining / breakfast room, Guest's lounge

Full description

Tenure: Freehold

The Palace Hotel is an extremely well run business that has been under our clients' careful ownership for the past 35 years.

The business trades throughout the year and the property has been placed on the market due to the current proprietor's wish to retire.

Along with business generated through various websites, such as laterooms.com and booking.com, The Palace Hotel also benefits from its own informative website:

www.palacehoteloban.co.uk

The hotel enjoys much repeat custom, particularly due to the welcoming first class service offered by the current owners and receives excellent reviews from previous guests.

The business also receives regular custom from guests visiting neighbouring islands such as Mull, Colonsay, Barra, Uist and Islay, due to its location close to the ferry port.

The Palace Hotel is situated opposite the bay in Oban, known as the gateway to the Islands, making it very popular with travellers wishing to explore neighbouring islands.

The front entrance is located on George Street, the main road through the town of Oban, which is extremely popular with tourists and is the capital of North Argyll. Attractions in the town include the War and Peace museum, the Chocolate Factory and the Sea Life Sanctuary.

There are excellent transport links in Oban including a busy ferry terminal and railway station along with several bus services, which operate in and around the town.

The Palace Hotel is a traditionally built 1900 terraced property. Set on the promenade, the property is presented in a traditional standard. The main entrance through the front door leads to a reception hallway which has the main staircase leading to all 4 floors.

Situated on the first floor is the breakfast / dining room complete with a licensed bar and with views overlooking Oban bay. The room is fully furnished with cushioned chairs, wooden tables, a television and an open fire and can accommodate all guests residing in the hotel.

There are 13 en-suite letting rooms over 3 levels in the hotel. The rooms are configured as singles, doubles, twins and family rooms and 7 of these benefit from their front facing position with views overlooking Oban. All rooms have a television, tea/coffee making facilities and electric heating.

The owner's accommodation comprises of 2 double en-suite bedrooms. Each room has been finished to a modern standard but with traditional décor in keeping with the style of the property.


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