Hotel in Castle Douglas on the market
Specialist business property adviser Christie & Co has been instructed to market the Douglas Arms Hotel, a well-positioned hotel in Castle Douglas town centre.
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Dating back to the 18th century, when it originally served as a coaching inn for travelling stagecoaches, the hotel contains 23 letting bedrooms, a public bar, a restaurant, and three function rooms.
The property also contains a three-bedroom apartment historically used as managers’ accommodation on the first floor.
Centrally located in the market town of Castle Douglas, known as a “Food Town”, there is great opportunity to appeal to the many visiting foodies, either with a new offering or by working with a high number of food and drink producers in the area.
The hotel is a three-minute drive from Loch Ken, six minutes from Galloway Activity Centre, and eight miles from Red Kite Feeding Station, attractions which draw visitors all year round.
Tony Spence, Associate Director – Hospitality at Christie & Co, is managing the sale process and commented, “This is a great opportunity to acquire a freehold hotel located in the centre of Castle Douglas. The hotel is currently vacant however it could once again thrive under the right management. In addition to continued use, subject to reinstatement of license, the property also lends itself to various development opportunities, subject to obtaining planning from the local authority.”
The hotel is on the market with a freehold asking price of £225,000. To find out more, visit: https://www.christie.com/6846693/
For further information on this press release, contact:
Jasmine Davis, Corporate Communications Manager
P: +44 7561 115179
E: jasmine.davis@christie.com
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