Hotel for sale

63 Springbank Terrace - AB11

£534,995

Property Description

Commercial information

  • Business for sale

Key features

  • 6 letting rooms
  • 3 star Scottish Tourist Board
  • Excellent owners accommodation
  • Excellent reputation

Full description

Tenure: Freehold

Description
Cragganmore Guest House is an extremely well run business that has been run by the current proprietors for nine years. The property has been placed on the market due to the current proprietor’s impending wish to retire from the tourist trade. The guest house trades throughout the year and its quality is reflected in the number of awards it currently holds such as achieving 4 out 5 on trip advisor and being rated 3 stars by STB. Additional marketing is carried out through its own informative website www.cragganmoreguesthouse.co.uk.
It enjoys much repeat custom, particularly due to its excellent location in the centre of Aberdeen.

The Aberdeen Guest House offers excellent accommodation for both guests and owners.


Situation
Aberdeen is the Oil Capital of Europe. The city is located in the North East of Scotland on the A90 and is easily accessible from both Edinburgh and Glasgow.
Cragganmore occupies a central location in the heart of the city and benefits from being just 10 minutes from Union Street


Building internal
Cragganmore Guest House is a traditionally built terraced property set over three levels. The building itself dates back to circa 1877 and has been extended and well maintained. It is presented to a very high standard and is now offered at true walk in condition. The main entry is from the front that leads into a reception hallway which in turn gives access to all accommodation, public and private areas.

Cragganmore benefits from a large welcoming reception hallway. From here you will find the large guest dining room. The room is tastefully decorated and well furnished with wooden tables and chairs. The dining room features an open plan kitchen from which the vendors serve a good hearty Scottish breakfast. The property boasts excellent accommodation for both guests and owners, further benefiting from off street parking and a rear garden, something which is rare in the centre of Aberdeen.


Letting Accommodation
There are 6 letting bedrooms, 5 which have en-suite facilities, with the remaining having a private shower room. The rooms comprise 1 single, 1 double, 2 twin and 2 triple rooms( all with single beds). All rooms have been refurbished to a high modern standard and include LCD televisions, tea/coffee making facilities.

Room tariffs range from £35-£80


Owners Accommodation
The owners accommodation is located on the garden level of the property. The accommodations can be accessed from the guest area of the property and also via the French doors from the rear garden. The accommodations comprise of a large double bedroom with en-suite shower, large lounge and kitchen, with fully fitted and integrated appliances. The owners accommodation also benefits from a private garden to the rear.

Service Areas
As expected with a property the style and size of Cragganmore Guest House, there are ample service areas including a garage, utility room and outhouse storage area.

Building External
The front of the property is straight to street. To the rear is parking for three cars, a good sized garage and garden area, laid mostly to grass.

Services
We are advised the property has all mains services

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


Legal
The business trades with the benefit of a full Guest House Licence and conforms to all fire regulations.

Trading Figures
Accounts are available on request after a formal viewing has taken place.


Summary
The sale of Cragganmore Guest House offers a rare opportunity to purchase a high quality, beautifully presented Aberdeenshire property which is trading well but with potential for expansion of the business.

Price
OIRO £534,995 are sought for the heritable property, fixtures, fittings and goodwill. Stock in trade will be additional at valuation.

Inventory
An inventory will be compiled to detail all items of a personal nature excluded from the sale and items subject to lease; this will be available to all parties wishing to offer.

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 477 6060.


Nearest stations

  • Aberdeen (0.3 mi)
  • Dyce (5.6 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 (0.3 mi)
  • Dyce (5.6 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 43337. 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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