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12 bedroom hotel for sale

Royal Hotel, Church Road, Keith, Banffshire, AB55

Guide Price £325,000

Property Description

Commercial information

  • Business for sale
  • Use class orders: C1 Hotels

Key features

  • Investment Opportunity
  • Substantial Property With Accommodation Over 3 Floors
  • Sale Of Landlord Interest Only (Business Unaffected)

Full description

Tenure: Freehold

This investment opportunity is situated in the Moray town of Keith. Accommodation comprises:- lobby & reception, public bar, function Room (280), breakfast room, lounge, formal restaurant, 12 ensuite letting bedrooms, managers flat, full commercial kitchen & storage areas.

This is a substantial stone built property with accommodation lying on ground, first and second floors. There is also an extensive flat roof extension to the rear. The bulk of the property lies under a pitched and slated roof.

Please note that this is a sale of the landlord investment and not the sale of the business. The business is not for sale and remains unaffected.

This investment represents a 8.35% yield exclusive of purchaser costs.


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