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08 October 2021 | Hotels

Christie & Co instructed to market boutique hotel with views over historic Montrose Golf Links

Specialist business property adviser, Christie & Co has been instructed to sell Grey Harlings Hotel, a refurbished, family-run hotel located in the coastal resort town of East Links in Montrose.

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Offering nine ensuite guest rooms, Grey Harlings Hotel boasts spectacular views over the historic Montrose Golf Links – the fifth oldest course in the world and sits a short walk from the town’s beach front.
 
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The boutique hotel benefits from a lounge, bar and restaurant, beer garden that accommodates 60 guests and a car park to the front for 15 cars. In addition, the ground floor features a small gym which has potential for conversion back to a double room if required.
 
This is a unique opportunity to acquire a well-established regional hotel business which has been refubished to a high standard and offers great growth potential. Also included within the sale is a three bed owners flat.
 
The hotel enjoys a central location in the quaint town of East Links, Montrose, which attracts tourists year-round and in particular via the port which in 2019 brought in over 1 million guests to Angus. Dundee is around 38 miles to the south with Aberdeen being 42 miles to the north and can easily travel via car, bus and train.
 
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Tony Spence, Business Agent, of Christie & Co, who is handling the sale, comments, “We’re delighted to be marketing the opportunity to acquire a popular business within Montrose, which our clients have owned for over 15 years. The business enjoys multiple revenue streams, operating as a hotel with a bar and restaurant, whilst the guest lounge area also provides an income stream for small functions and events. The business has a large following on Facebook and Instagram and also boasts fantastic reviews on TripAdvisor(5*) and Google."

The Grey Harlings Hotel is being sold at a freehold price of £750,000. 
 

For further information on this press release, contact:                                                                                             
Bronte Hughes, Corporate Communications Executive
P: 020 7227 0794 or E: bronte.hughes@christie.com

Contact the agent:
Tony Spence, Senior Business Agent - Hospitality Scotland
M: 07701 315 068 or E: tony.spence@christie.com
 
 
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