Scottish Borders Hotel, Bar & Restaurant with 15 En-suite Bedrooms for Sale, Recently Refurbished for £250k
Undisclosed, Scottish Borders
- Status
FOR SALE
- Date Submitted:
04/10/23
- Advert ID
600685
- Reference
50531 / Rightbiz
- Call Agent:
- Freehold: £1,400,000
- Turnover: £952,839 (£18,324 Per week)
- Net Profit: Not Applicable
Business Details
Queens Head Hotel Scottish Borders
Substantial hotel , bar & restaurant with 15 bedrooms all en-suite80 seated dining room & bar ,20 cover outside seated beer garden .
Fantastic location in a busy borders tourist town
Over £250k spent on recent refurbishment
Retirement Freehold Sale
Bruce and Co. are delighted to offer for sale , a substantial victorian property that has successfully traded for a number of years. The current vendor have owned and operated the business since 2008 when they purchased the freehold property. The Hotel boasts an enviable reputation for excellent food and homely accommodation, proving popular with both tourists and locals, with many repeat visitors and a loyal client base. The property has undergone significant refurbishment, seeing the bedrooms, bathrooms, ladies and gents toilets, public bar, kitchen and the lounge bar , restaurant and beer garden areas be tastefully renovated. Freehold Ref: 50531
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Listing Statistics
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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.
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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.
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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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