UK property firm Graham + Sibbald are delighted to bring to the market the Douglas Arms Hotel, 22 High Street, Banchory, Aberdeenshire, AB31 5SR- a wonderful opportunity to acquire an established business in a popular locality.
The Douglas Arms Hotel has a prominent main street location on Banchory’s High Street. Whilst, as a result, the hotel attracts many passers-by on the main A93 Aberdeen to Balmoral and Braemar Road, it is the patronage from locals, visiting fishermen, tourists and golfers, as well as a range of commercial custom, that is the core of the Douglas Arms Hotel trade – a good owner driven business and hotel.
The Douglas Arms Hotel has 8 Letting Bedrooms with quality Lounge Bar/Bistro and Café Bar. The hotel also has an attractive outdoor balcony Terrace and the former Lounge Bar/Restaurant (currently used as a bicycle shop) suitable for additional development. Included is a spacious 4-room private flat.
The Douglas Arms Hotel is being sold by Steven Ross and Scott Hutcheon who have owned the Douglas Arms for 16 years and successfully developed the business creating a popular town centre hotel facility.
Alistair Letham, a Hotel + Leisure Consultant with Graham + Sibbald, commented, “Royal Deeside has perennially been a popular destination; maybe even more so now. The Douglas Arms Hotel with its prominent High Street position is well placed to reap the benefits of both its town centre and main Deeside Road location. The business is well-established and has the opportunity to further develop and grow utilising the former lounge bar/restaurant. The inclusion of a 4-room private flat is ideal for resident owners.”
Graham + Sibbald are inviting “Offers over £550,000” for the Douglas Arms Hotel, Banchory.
Please contact Alistair Letham (Alistair.letham@g-s.co.uk) or Katie Tait (Katie.Tait@g-s.co.uk) for more information on this fantastic business opportunity. Alternatively you can visit our website – https://www.g-s.co.uk/property/?property=51468.
Graham + Sibbald has over 250 employees and 23 partners working across its 21 UK offices in Scotland and England.
