Christie & Co bring to market the former Royal Hotel in Bridge of Allan
Specialist business property adviser, Christie & Co is delighted to bring to market, the former Royal Hotel in the Scottish town of Bridge of Allan.
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Prominently located just 10 minutes from Stirling city centre, the former 34-room hotel is in an ideal area to attract both commuter and tourist trade.
The listed period building was originally constructed in the Victorian era and has seen several extensions over the years while maintaining its original character. The property is now closed and vacant, with residential planning in place which is unfortunately due to lapse. Although change of use may be available, it is worthwhile noting that there is a great opportunity with the right amount of investment to reinstate as a thriving boutique hotel within an affluent community.
Tony Spence, Associate Director at Christie & Co, who is handling the sale, comments, “This is a unique opportunity to acquire a property which could be refurbished back into a boutique hotel and we are confident that this could once again thrive, with the right investment and management.
“Unfortunately, the previous application for residential use is due to lapse in January 2024, however, we are optimistic that the local community would get behind the possibility of the former hotel being redeveloped for a suitable use going forward. We expect a high level of demand for the hotel, from local Bridge of Allan entrepreneurs as well as Scottish and international investors.”
For further information on this press release, contact:
Bronte Hughes, Corporate Communications Manager
P: 020 7227 0794 or E: bronte.hughes@christie.com
Contact the agent:
Tony Spence, Associate Director - Hospitality Scotland
M: 07546 698 6684 or E: tony.spence@christie.com
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