O/O £3.75m
£3,750,000
Type
Hotels
City
CONFIDENTIAL
Tenure
Heritable
CDLH have been instructed on as STRICTLY PRIVATE & CONFIDENTIAL basis to seek a purchaser for an excellent central Scotland Hotel. The Hotel has strong bedroom income with an occupancy of 83.90% and a ARR of £87.70 for 2023. The hotel is run entirely under management and has income streams from bedrooms, functions, and a popular restaurant operation.
Turnover approx. £2.25m excluding VAT and the EBITDA is just over £500,000. We are seeking offers over £3.75m.
If the opportunity is of interest, we require completion of an NDA agreement and can then supply further information. Please email Alan Creevy direct on alan.creevy@cdlh.co.uk if the opportunity is of interest.
NOTE . THE LOCATION PLAN BELOW IS OUR GLASGOW OFFICE NOT THE SUBJECT PROPERTY
CDLH have been instructed on as STRICTLY PRIVATE & CONFIDENTIAL basis to seek a purchaser for an excellent central Scotland Hotel. The Hotel has strong bedroom income with an occupancy of 83.90% and a ARR of £87.70 for 2023. The hotel is run entirely under management and has income streams from bedrooms, functions, and a popular restaurant operation.
Turnover approx. £2.25m excluding VAT and the EBITDA is just over £500,000. We are seeking offers over £3.75m.
If the opportunity is of interest, we require completion of an NDA agreement and can then supply further information. Please email Alan Creevy direct on alan.creevy@cdlh.co.uk if the opportunity is of interest.
NOTE . THE LOCATION PLAN BELOW IS OUR GLASGOW OFFICE NOT THE SUBJECT PROPERTY
Designed & built by Mucky Puddle