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Former Hotel In Popular Tourist Area, The Crown Hotel, 25-26 King Street, Castle Douglas, DG7 1AA

not specified / Leisure / Hotel

For Sale - £250,000.00

To Let - £25,000.00 per annum

Available - Last updated: 08 June 2020

‘The Crown Hotel’ is a substantial terraced townhouse property of traditional construction, contained over two storey plus attic and basement floor levels.

The property contains a public bar, lounge/restaurant with fitted kitchen, toilets and ancillary accommodation at ground floor level with 11 en-suite letting bedrooms and a three apartment owners flat with private entrance on the upper floors.

The property is furnished but would benefit from modernisation.

Location

King Street is the main thoroughfare running through Castle Douglas town centre and is a mixed commercial and residential locale with car parking and a Tourist Information office directly opposite the property.

Castle Douglas is located within the Dumfries and Galloway region in the South of Scotland, approximately 18 miles west of Dumfries. The town lies south of the A75 road route and is a popular tourist destination located on the South West Coastal 300 route, as well as being labelled as a ‘food town’, with significant increase in population during traditional holidays.

Accommodation

11 bedroom former hotel with public bar & restaurant

Terms

RATING - The rateable value is £24,750. Any new occupier has the right to appeal the assessment within 6 months of taking occupation.

RENT/PRICE - Rental offers of £25,000 per annum are invited for a new full repairing and insuring lease of negotiable term.

Alternatively, offers of £250,000 are invited for our clients heritable interest.

Prices are quoted exclusive of VAT.

EPC - Available upon request.

LEGAL COSTS - Each party to be responsible for their own legal costs incurred with any incoming Tenant responsible for any registration, LBTT and other dues incurred.

Specification

  • Prominent position within Castle Douglas town centre
  • Popular tourist destination
  • 11 bedroom former hotel with public bar & restaurant
  • Two bedroom owners accommodation
  • Price - £250,000

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Offers of For Sale Freehold £250,000.00 NA
Offers of To Let £25,000.00 per annum

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Contact agents

Anthony Zdanowicz

DM Hall

01698 225068



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