Hotel for sale

62 Victoria Promenade - PA23

£263,000

Property Description

Commercial information

  • Business for sale

Key features

  • Situated in the Popular Tourist Area of Dunoon
  • 8 Letting Bedrooms
  • 3 Bedroom Owner's Apartment
  • FREEHOLD

Full description

Tenure: Freehold

Situation
Dunoon is a resort town situated on the Cowal Peninsula in Argyll, Scotland. It sits on the Firth of Clyde to the south of Holy Loch and to the west of Gourock. The town lies near the southern end of the A815 road. At its northernmost point, near Cairndow, this road joins the A83 and provides access to the town by road from Loch Lomond and Glasgow.

Business
Milton Tower Hotel has been run by the current proprietor since 1988 and has been placed on the market due to the current proprietor’s ill health.

Milton Tower is a lovely, small, family run hotel on the waterfront of Dunoon. The hotel offers 8 spacious bedrooms with stunning views over the Firth of Clyde.


Building Internal
Milton Tower Hotel is traditionally an end terraced hotel. The property is set in its own grounds, overlooking the Firth of Clyde. Internally, the hotel has been well maintained and is now offered in walk in condition. The main entry is from the front that leads into a reception hallway, which in turn gives access to all accommodation and public areas.

Public Areas
Situated to the right hand side of the reception hallway is the restaurant, which is furnished with wooden tables and chairs and comfortably seats 20. The residents’ lounge is located on the first floor and features a welcoming fireplace and a selection of soft seating with stunning views over the Clyde to Ayrshire.

Letting Accommodation
There are 8 letting bedrooms, 7 of which have en-suite facilities and 1 having a private bathroom. The bedrooms have been furnished to a good standard and include TV and tea/coffee making facilities. Room tariffs range from £28pp/pn B&B.

Owner's Accommodation
The owner’s accommodation features an en-suite bedroom in the attic, with 2 further bedrooms and private bathroom located on the top floor of the property.

Service Areas
As expected with a hotel the style and size of The Milton Tower Hotel, there are spacious service areas including a well equipped large kitchen with dish wash area and freezer room. There is also a separate garage to the rear of the property.

Building External
To the front of the property are mature landscaped gardens and a customer car park.

Tenure
The property is held on the Scottish equivalent of Freehold.

Licence
The business has no premises licence in place.

Services
The property has mains water, drainage and electricity with cooking by gas. Heating is by way of gas central heating.

Trading Information
Full trading information will be made available after a formal viewing has taken place.

Summary
The sale of Milton Tower Hotel offers a rare opportunity to purchase a well positioned Argyll Hotel with the potential to substantially improve the business. The property benefits from its stunning location on the Firth of Clyde with stunning views.


Nearest stations

  • Inverkip (3.5 mi)
  • IBM Halt (4.1 mi)
  • Gourock (4.5 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

  • Inverkip (3.5 mi)
  • IBM Halt (4.1 mi)
  • Gourock (4.5 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.

Disclaimer - Property reference 39737. 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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