A Deeside hotel has gone on the market, with offers expected to top the £1m mark for the popular property.
The Douglas Arms Hotel in Banchory is being sold by Colliers International on behalf of the property’s current owners who purchased the hotel in 2007.
Located on the town’s main high street, the traditional stone-built hotel has eight bedrooms, a large lounge bar / bistro with an outdoor balcony terrace.
There is also a separate breakfast room and public bar, making it popular with locals and visitors to the area.
Some currently unused accommodation means that new owners will have an opportunity for additional development.
Alistair Letham, a director in the UK hotels agency team at Colliers International, said: “The Douglas Arms Hotel is a well-established business in the perennially popular Royal Deeside town of Banchory and draws custom year round from not only visiting tourists and field sports enthusiasts but also the local community.
“The current owners purchased the hotel in 2007 and have successfully developed the business, creating a popular town centre facility. With the decision taken to sell the Douglas Arms Hotel, this offers a wonderful opportunity for new owners to acquire an established business in a popular locality.”
Selling agent Colliers International is inviting offers around £925,000.