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Hotel For Sale , Station Hotel, Arduthie Road, Stonehaven, AB39 2NE

not specified / Leisure / Hotel

For Sale - £1,400,000.00

Available - Last updated: 01 May 2024

The Station Hotel is a substantial and very well maintained, stone building. Internally the property comprises an attractive 80 cover restaurant/lounge bar, a traditional public bar which can accommodation 20 customers seated and equivalent number standing. There is a further 30 cover coffee room and a large function room which in total can accommodation 140 guests around a large dance floor. The upper floor comprises 14 letting bedrooms, of which 5 are ensuite. All letting bedrooms, ensuites and bathrooms were comprehensively refurbished during lockdown. The upper floors also contain a superior 4-apartment owner’s flat.
( Agency Pilot Software ref: 15166 )

Location

Stonehaven has a population of 11,600 and is situated on the north-east coast, 15 miles south of Aberdeen and has immediate access to the A90. Within Stonehaven, the Station Hotel is situated to the west of the town centre in a predominantly residential area. The property lies adjacent to Stonehaven Railway Station and has prominent visibility from Arduthie Road which is the main arterial road leading westwards from the town centre

Accommodation

HOTEL WITH 14 LETTING ROOMS

Terms

RATEABLE VALUE The subjects are currently entered into the Assessor’s Valuation Roll as having a Rateable Value of £92,500. The current UBR (2023/2024) for properties within a Rateable Value over £51,000 is £0.511.

EPC Available upon request.

VAT Unless otherwise stated, all prices, premiums and rents are quoted exclusive of value added tax (VAT). Any intending tenants must satisfy themselves independently as to the incidents of VAT and respect of any transaction.

LEGAL COSTS Each party will be responsible for their own legal cost with the ingoing tenant being responsible for any Land and Buildings Transaction Tax (LBTT), recording, dues, and VAT as applicable

Specification

  • HIGH TURNOVER BUSINESS WITH EXCELLENT NET PROFIT
  • FABULOUS 80 COVER RESTAURANT/LOUNGE BAR
  • 14 LETTING BEDROOMS AND 4-APARTMENT OWNER’S FLAT
  • OFFERS IN EXCESS OF £1,400,000 ARE INVITED FOR THE OUTRIGHT OWNERSHIP INTEREST.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £1,400,000.00 NA

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Douglas Lambie

Ryden LLP

0141 432 1277

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