The opportunity to acquire a hotel in Scotland described by Christie + Co as a ‘quality lifestyle business’, has come to market.
The Hotel Broughty Ferry, a four-star family-run hotel in the fishing village of Broughty Ferry in Dundee, has been owned by the Stewarts for the last 15 years who have now decided to retire.
The 16-bed hotel, which was significantly extended in 1990, comprises a lounge bar, restaurant and side extension and is up for sale with an asking price of £830k for the freehold interest.
The hotel also features a leisure complex, home to a heated indoor swimming pool, gym and Swedish style sauna at the lower ground level.
A former letting bedroom is currently utilised as owner’s accommodation and could also be used as manager’s accommodation or alternatively as an additional letting room.
Stuart Drysdale, director at Christie & Co is handling the sale, said the sale presents a ‘superb opportunity’ for an experienced operator looking to expand their portfolio.
He says: “The owners are well known and regarded in Broughty Ferry and have been instrumental in shaping the hospitality landscape over many years. Now looking forward to a well earned retirement, Mr & Mrs Stewart hope the hotel will be taken on by an enthusiastic and experienced operator, who will continue to serve the local community and the increasing number of visitors to the area. The Hotel Broughty Ferry presents a superb opportunity for an experienced operator looking to take on a quality business, suitable as a lifestyle business or an addition to a hotel portfolio.”