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Hotel for sale in Angus

Montrose, Angus
Advert ID
45104 / Rightbiz
Freehold Price: £575,000
• Excellent profits with further development opportunities.
• Enviable location within the town
• Profit Potential by introducing meals
• 15 En-suite letting rooms, Excellent owners’ accommodation

Ref 45104
A Well Presented and Popular Hotel With Excellent Potential
The sale of The Star Hotel offers a rare opportunity to purchase a high quality, beautifully presented property and business, which is trading well.
PRICE - £575,000

The Star Hotel is a former coaching Inn that dates back to the early 1760s. The business has been owned by the current vendors since 2010 and has under gone extensive refurbishment in the bar and many of the rooms. The business has been operated by the vendor and now offers an excellent investment opportunity or as a family ran business. The property has been placed on the market due to the current proprietor’s impending wish to retire from the Tourist trade. The business trades throughout the year and its quality is reflected in the number of awards it currently holds such as achieving 4 out 5 on Google. Additional marketing is carried out through its own informative website
The Star Hotel offers excellent accommodation for both guests and owners.

Summary. The sale of The Star Hotel offers a rare opportunity to purchase a high quality, beautifully presented property and business, which is trading well but with potential for expansion of the business.

OIRO £599,000 are sought for the heritable property, fixtures, fittings and goodwill. Stock in trade will be additional at valuation.
Listing Details
Location: Montrose, Angus
Sector: Bed And Breakfast
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Advert Reference: 45104 / Rightbiz

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