Hotel for sale

139 High Street - DD10

£315,000

Property Description

Commercial information

  • Business for sale

Key features

  • PRICE REDUCED!
  • Huge Potential For Growth
  • Pool Room, Restaurant With 48 Covers
  • Private Car Park

Full description

Tenure: Freehold

Description
Bruce and Co. are pleased to offer for sale The Carlton Hotel, a popular hotel situated in Montrose on the east coast of Scotland. The Carlton Hotel was purchased by our clients over 6 years ago during which time it has been trading successfully and has reluctantly been placed on the market due health reasons. The Carlton Hotel generates the majority of its custom from travelling workers staying in the accommodation due to the location of the business on the East coast of Scotland as well as tourists visiting the area on vacation. Our clients advise us that income is derived from wet sales and letting accommodation. Although trading well, The Carlton Hotel still has potential to grow. The introduction of food sales along with a marketing strategy would no doubt increase turnover considerably.

Situation
The attractive and historic town of Montrose is situated on Scotland's East Coast at the mouth of the River South Esk. Montrose has long been enjoyed as a popular holiday resort and is much favoured for its fine seaside golf courses and host of other activities including shooting and fishing while wildlife enthusiasts can enjoy the views over the magnificent river basin which is approximately 2 miles square in size. The town is equidistant from both Aberdeen and Dundee at around 30 minutes drive on the busy A92 coastal tourist road. The A90 dual carriageway also lies only 10 miles away. Montrose is a popular tourist base located close to Royal Deeside, the Angus Glens and Highland Perthshire.

Building Internal
The business premises occupy an impressive 3 storey detached property located on the High Street of Montrose. Entrance to the business is at the rear of the property which leads into the main stairwell. All public areas are located on the first floor. You are first welcomed by the hotel reception which then leads onto the bar/pool area which is furnished with high backed leather chairs and wooden tables. A fully equipped kitchen is located behind the reception area and has plenty of preparation and storage areas. Also located on the first floor is the breakfast room/restaurant which is open plan offering plenty of space to relax and to accommodate all guests at breakfast. Although the current vendors are not offering food all fixture and fittings are in place and would allow new owners to commence immediate trading.

Letting Accommodation
The Carlton Hotel features 8 letting bedrooms which are located on the upper levels of the property and are accessed via the internal stairway. The rooms are configured with a mixture of twin, double and family rooms which allow our clients to offer lots of flexibility for various party sizes, 7 of the rooms are ensuite and 1 room has a private bathroom.

Building External
The hotel has its own car park to the rear capable of holding 12 cars.

Services
The property has mains water, drainage, electricity, gas.

License
The business trades with a full license.

Accounts
Accounts will be available once a formal viewing has taken place.

Summary
The business trades successfully enjoying a healthy turnover but is operated at a pace comfortable to the current owners’ lifestyle offering excellent opportunities to easily increase turnover!

Price
Offers over £315,000 are sought for the freehold, fixtures, fittings and goodwill. Stock in trade will be additional at valuation.

Viewing
Strictly by appointment through the sellers’ sole agents, Bruce & Company. Please remember when viewing that staff and locals may not be aware that the business is on the market and we would be grateful if you do not talk openly about the business while in the area.

Offers
All offers, couched in Scottish Legal Terms, should be submitted to the seller’s sole agents Bruce & Company.

Further Information
Should you require further information on this or any other property, please do not hesitate to contact us on 0131 314 0660.


Nearest station

  • Montrose (0.2 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 station

  • Montrose (0.2 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.

Disclaimer - Property reference 43883. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by ALTIUS GROUP LIMITED, Bruce & Co. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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