Aberdeen hoteliers invest in neighbouring buildings in ambitious growth plan

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The owners of The Chester Hotel in Aberdeen have acquired the property’s neighbouring buildings, in a bid to grow the business and further commit to hospitality in the city.

Graham and Gillian Wood, who also own The Chester Residence in Edinburgh, have acquired 55-57 Queens Road, the category B listed properties which were built in 1898.

Located next to The Chester Hotel, the buildings are interconnecting Victoria granite villas and comprise 56,000 sq ft across four storeys.

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The property comes with planning consent for hotel, restaurant and bar use, with Graham saying that the acquisition ‘clearly increases our potential’.

The site also features a 22-space car park and a significant area of open ground at the rear.

He said: “The acquisition of the adjacent properties at 55-57 Queens Road provides a good opportunity to purchase a prime west-end property. We will be looking at a number of options for developing the property over time.

“We continue to believe that Aberdeen is a good place to do business. We are pleased with what we have created so far, and this acquisition clearly increases our potential.”

The Chester Hotel opened in 2014 following a £5m refurbishment programme, and comprises a fine dining restaurant, private dining rooms, lounge bar, function suite, spa and 50 bedrooms.

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