Dundee's Queens Hotel is on the market for £2.75m
Best Western Queens Hotel in Dundee has been brought to the market by specialist business property adviser, Christie & Co.
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The hotel was constructed in 1878 and over the years has played an important part in Dundee’s history; Winston Churchill famously hosted used it as his base from 1908 - 1922 in his 14 years as MP for Dundee and Frank Sinatra stayed in 1947 during his only visit and show in Dundee.
Owned for the past twenty years by independent hotelier Gordon Sneddon, the 53-bedroom hotel is set over six floors and contains Q Bar, a bar and eatery on the ground floor, separate breakfast room and a range of function suites. The venue currently caters for around 200 weddings and other functions each year and The hotel currently has planning permission for an additional 8 bedrooms and has previously held planning for up to 30 additional rooms.
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Mr Sneddon comments, “It has been an incredible honour as a hotelier to have served the residents and guests of Dundee for the past twenty years and to have played a part in such an iconic building’s history.
"The decision to sell has been a difficult one to reach but with the exciting changes taking place across the city and opportunities opening up every day, it felt like the right time to pass on the baton to a new owner. I have thoroughly enjoyed every minute of my time at The Queens and plan to continue in this vein until it’s time to move on! Therefore, I’d like to reassure locals and guests alike that it will be a warm welcome and business as usual until such times as we sell.”
Stuart Drysdale, Associate Director at Christie & Co comments, “This is a fantastic opportunity for a new owner to build upon a successfully established business in an excellent location. The hotel is being placed on the market with the hope that its new operator will continue to provide the hospitality and service that the hotel is renowned for by both locals and those from further afield.
“Dundee has been transformed in recent years with the ongoing Waterfront development which will include the V&A Museum of Design. This is expected to bring an additional annual 500,000 visitors to the city and numerous hotels are in the pipeline for development to cater for this projected increase in visitor numbers.”
The freehold of the hotel is available for £2.75m through Christie & Co.