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5 bedroom hotel for sale

Linsmohr Hotel, Old Meldrum Road, Pitmedden, AB41

Sold STC £475,000

Property Description

Commercial information

  • Business for sale
  • Use class orders: D2 Assembly and Leisure

Key features

  • Fully Refurbished, Enviable Location
  • 5 En-Suite Letting Rooms
  • Large Restaurant
  • Function Suite

Full description

Tenure: Freehold

The Linsmohr Hotel was previously valued and listed at 595,000 in April this year. The price has been lowered to 525,000 due to a breakdown in the business relationship between the current owners. The current owners have only traded for 10 months.

Under the management of the previous owners the Linsmohr Hotel was a well run and profitable establishment worth far more than the 595 previously sought. At this price there is a fantastic opportunity to own a profitable business and make serious capital gains. The hotel trades throughout the year and its quality is reflected in the number of awards it currently holds such as being rated number 1 hotel in Ellon area on TripAdvisor. Additional marketing is carried out through its own informative website.

It enjoys much repeat custom, particularly due to its excellent location just fifteen minutes from Aberdeen Airport.

More information from this agent

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