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£329,950

Hotel for sale

Property photos

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Business
Retirement

£329,950

Hotel for sale

Queen Street, Peterhead AB42

Local area information

Property location

Nearby amenities

  • Peterhead Central School 0.1 miles
  • Peterhead Academy 0.2 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • **Newly Reduced** 10 Bedroom Hotel with Bar, Restaurant & Kitchen
  • Turnover is in excess of £200K pa
  • Excellent Town Centre Position
  • An Ideal Development Opportunity
  • The Albert Hotel is a terraced property, is spread over 3 floors & dating back to around late 1800s
The Albert Hotel has been successfully trading under the current owners for over 20 years, they have 10 bedrooms and 4 public rooms, a bar area and separate restaurant with commercial kitchen, currently trading well but due to their impending retirement this is being sold as a development opportunity such is the demand in the area for residential flats / HMO type accommodation, this is a fantastic business opportunity to right developer, we are expecting a high level of interest so highly recommend an early viewing so not to miss out . The demand for serviced accommodation is escalating due to the forthcoming projects - and the preparation is all ready underway - levelling up, Acorn, Carbon Capture etc Ref: 50796

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Listed by

Bruce & Company

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  1. Zoopla
  2. Commercial for sale
  3. Aberdeenshire
  4. Peterhead
  5. Queen Street

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