Family-run hotel in Glencarse on the market after 11 years of ownership through Christie & Co
Specialist business property adviser, Christie & Co has been instructed to market the Glencarse Hotel, in Glencarse, Perthshire.
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Located on a prominent roadside location on the A90, The Glencarse Hotel is situated between Perth and Dundee, Scotland, and is ideal for both commuters and tourists travelling between cities.
The 18th-century hotel features five contemporary ensuite letting rooms, as well as a public bar and restaurant which can be booked for private events, and also caters for weddings. Externally, the property features a beer garden as well as a large garden area which offers scope for development, subject to the correct planning consents. Additionally, there is a spacious three-bedroom owners accommodation on the first floor. The hotel has been family-run for the last 11 years.
Simon Watson, Business Agent at Christie & Co who is handling the sale, comments “The Glencarse Hotel is a well-established hotel with huge potential for growth due to its multiple revenue streams. The owners’ accommodation could be developed into additional letting rooms, and the land to the rear of the building has previously been explored for development. The business would be well suited to an owner-operator or couple looking to make an addition to a current portfolio.”
Glencarse Hotel is on the market with a freehold asking price of £495,000.
For further information on this press release, contact:
Niamh Toman, Junior Corporate Communications Executive
P: +44 7768 646 984 or E: Niamh.toman@christie.com
Contact the agent:
Simon Watson, Business Agent– Hospitality
P: 07754 559 534 or E: simon.watson@christie.com
Visit Christie & Co’s Business Search page to find out more about current hospitality listings.