The Park Hotel has been independently owned and operated as the leading hotel in the area for over 20 years and is well established in the town centre of Montrose.
The lounge bar and restaurant are popular with both guests and local residents and the hotel provides function accommodation for up to 180 guests.
The hotel is formed from a number of interconnected buildings and is of 3 storey height. All public accommodation is provided at ground floor level with 52 letting bedrooms provided over ground, first and second floor levels.
Car park provided to the front elevation.
Location
The Park Hotel is situated on John Street near thetown centre of Montrose on Scotland’s East Coast.
The surrounding area is mixed use in nature and the hotel is a short walk from the town’s train station.
Montrose is situated equidistant between Aberdeen and Dundee (30 minutes drive) with a drive time to Edinburgh and Glasgow of around 2 hours.
Montrose is home to the 5 oldest golf course in the world with two fine Links courses nearby. Many guests use the hotel as a base to explore the many world class and Championship links golf courses Eastern Scotland has to offer.
Accommodation
Private dining and various function space available throughout the hotel.
The Ballroom and Garden Lounge provide space for between 20 and 80 guests individually or can be combined to provide seating for 130 guests, with 180 able to be catered for at evening receptions. The rooms open onto the gardens which provide attractive space during fair weather.
Hotel bedrooms: 52 ensuite rooms in total
- 1 Family Room
- 6 Superior Double Rooms
- 14 Standard Twins
- 23 Standard Doubles
- 7 Standard singles
- 1 Superior single
Terms
Gudie price - £1,350,000 for the freehold going concern.
Specification
- Public Accommodation: Lounge Bar, Restaurant, Ballroom, Garden Lounge.
- Bedrooms: 52 ensuite rooms
- Staff Accommodation: The Gables, included.
- Guide Price: £1,350,000
- Opportunity: Heritable (Freehold) sale. Sold as a trading going concern, fully staffed.
- Additional property: Residential development site to the rear of the hotel available by separate negotiation.