Hotel/Restaurant in Dumfries and Galloway for Sale, Great Investment Opportunity with 4 Bedroom Owner's Accommodation
Undisclosed, Dumfries and Galloway
- Status
FOR SALE
- Date Submitted:
23/09/20
- Advert ID
266977
- Reference
47973 / Rightbiz
- Call Agent:
- Freehold: £389,950
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Hotel Restaurant western Southern Uplands
Investment opportunity12 Letting rooms
Previously t/a hotel, restaurant & bar with games room
4 bedroom owner's accommodation
The Zara Continental is a great investment opportunity to be reopened into a vibrant hotel and restaurant serving the local community and tourists alike. This property is based in a prime location in a picturesque town in southern Scotland, featuring 12 letting rooms, a restaurant and a small bar area with a pool table. The turnover was in excess of £200k pa but with added marketing and social media exposure, this opportunity has great potential, especially as there is also an empty retail unit with a double frontage which could be rented out to a local business. Freehold. Ref: 47973
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Listing Statistics
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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