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Profitable Royal Hotel in Moray, 8 En-suite Bedrooms, Near Beach, £485,513 Annual Turnover

Undisclosed, Moray
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Under Offer: The Royal Hotel - Cullen Photo 1
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Under Offer: The Royal Hotel - Cullen Photo 12
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Under Offer: The Royal Hotel - CullenUnder Offer: The Royal Hotel - CullenUnder Offer: The Royal Hotel - CullenUnder Offer: The Royal Hotel - CullenUnder Offer: The Royal Hotel - CullenUnder Offer: The Royal Hotel - CullenUnder Offer: The Royal Hotel - CullenUnder Offer: The Royal Hotel - CullenUnder Offer: The Royal Hotel - CullenUnder Offer: The Royal Hotel - CullenUnder Offer: The Royal Hotel - CullenUnder Offer: The Royal Hotel - Cullen
  • Status

    FOR SALE

  • Date Submitted:

    22/09/21

  • Advert ID

    283226

  • Reference

    48776 / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £699,999
  • Turnover: £485,515 (£9,337 Per week)
  • Net Profit: Not Applicable

Key Features

  • Prime Location
  • Established Business

Business Details

Under Offer: The Royal Hotel Cullen

Outstanding and profitable hotel
8 en-suite bedrooms, Restaurant, Bar and function room
Estimated Turnover £750k-£800K
Superb location only 100 meters from beach
Car Park
Beer Garden
An impressive hotel in an excellent location on Scotland's North East Coast. 8 en-suite bed rooms, Restaurant and Bar provide a £750-800k p.a turnover. The hotel thrives on both tourist and the local community with their very popular bar and restaurant. Freehold. Ref: 48776 Ref: 48776
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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.

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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.

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The data showed regarding this advert 'Under Offer: The Royal Hotel Cullen - 48776 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.