Striking Hotel in Prominent City Centre Location For Sale

Key Information

• Prominent location in the centre of Aberdeen overlooking Union Terrace Gardens
• Operating with the benefit of international branding
• 83 ensuite letting bedrooms
• Lounge Bar (c.40 covers) + Bistro restaurant (c.30 covers)
• Four function rooms with an individual room capacity of up to 75 guests
• Scope to evolve the business
• Heritable (Freehold) / Outright Ownership

Property Description

Graham + Sibbald are delighted to bring to market the Mercure Aberdeen Caledonian Hotel For Sale. Aberdeen is located on the North Coast of Scotland and boasts plenty of activities and attractions for tourists and visitors. The hotel for sale is located in the heart of Aberdeen overlooking Union Terrace Gardens. A short walk from the hotel is Union Street, which is one of the main shopping areas of Aberdeen. Union Terrace Gardens is a popular area in the centre of the city that re-opened in December 2022 following a £28.3 million refurbishment. The improvements are part of a City Centre and Beach Masterplan that is designed to invigorate both areas while enhancing Aberdeen's unique qualities and characteristics. The Mercure Aberdeen Caledonian Hotel is an elegant Victorian 83-bedroom hotel that was designed reflecting the local vernacular and being in the very heart of the original city, is one of the most historic hotels in Aberdeen. The hotel was acquired by the current owners as part of a portfolio that includes hotels in the southern half of England. Therefore, the owners have decided to openly offer the hotel to the market to focus their resources on the hotels closer to them.