The Hotel + Leisure Division of UK Property Firm Graham + Sibbald are delighted to announce the Mercure Aberdeen Caledonian Hotel has been SOLD.
The Mercure Aberdeen Caledonian Hotel is a striking property located in Aberdeen’s City Centre. The 83-bedroom hotel overlooks the Union Terrace Gardens in the heart of Aberdeen. The hotel is an elegant Victorian property, originally designed to reflect the local vernacular and is one of the most historic hotels in Aberdeen. It features a Renaissance style of architecture in white Kemnay granite with stained glass windows that convey Aberdeen’s rich and varied heritage, including the harbour, beach and many castles.
The availability of the Mercure Aberdeen Caledonian Hotel presented a wonderful opportunity to the market, the chance to purchase a historic, well-known hotel in a city centre location with scope to evolve the business.
Katie Tait, Associate in Graham + Sibbald’s Edinburgh office commented “I was delighted to have worked on the sale of the Mercure Aberdeen Caledonian Hotel, alongside my colleague James Williamson in our London office, acting on behalf of our client. It was a pleasure to bring our combined expertise and market knowledge to the transaction and achieve a successful outcome for our client.
The transaction generated significant interest from the market, reflecting the quality and prominence of the asset. We are extremely pleased with the outcome achieved and grateful to have supported our client through a successful sale process. We wish the new owners every success with the hotel going forward.”
Guy Rowles of Millemont commented: “We are pleased to have completed the sale of this landmark Aberdeen hotel and would like to wish the purchaser every success with their ownership. The property has been an important part of the local hospitality market, and we are confident it has a bright future ahead under new stewardship.”
The purchase price was undisclosed.
If you are looking to sell your hotel business, please contact :- Katie.Tait@g-s.co.uk (Edinburgh) or James.Williamson@g-s.co.uk (London)
Graham + Sibbald is a leading multi-disciplinary real estate consultancy, with more than 400 employees operating across 24 offices throughout Scotland and England. The business continues to grow at pace, most recently strengthened by the acquisition of Fleurets.
The acquisition has created one of the UK’s largest dedicated Hotel + Leisure consultancy teams, comprising 19 valuers and 25 agents. Together, the teams bring extensive expertise across the full hospitality spectrum, including hotels, pubs, restaurants, holiday parks, leisure assets and the wider licensed property sector.
