Property photos
Business
Retirement
Freehold
£299,999
Hotel for sale
Queen Street, Peterhead AB42Local area information
Property location
Nearby amenities
- Peterhead Central School 0.1 miles
- Peterhead Academy 0.2 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- **Newly Reduced** 10 Bedroom Hotel with Bar, Restaurant & Kitchen
- Turnover is in excess of £200K pa
- Excellent Town Centre Position
- An Ideal Development Opportunity, considering all the up and coming work that is happening in the area
- The Albert Hotel is a terraced property, is spread over 3 floors & dating back to around late 1800s
The Albert Hotel has been successfully trading under the current owners for over 20 years, they have 10 bedrooms and 4 public rooms, a bar area and separate restaurant with commercial kitchen, currently trading well but due to their impending retirement this is being sold as a development opportunity such is the demand in the area for residential flats / HMO type accommodation, this is a fantastic business opportunity to right developer, we are expecting a high level of interest so highly recommend an early viewing so not to miss out . The demand for serviced accommodation is escalating due to the forthcoming projects - and the preparation is all ready underway - levelling up, Acorn, Carbon Capture etc Ref: 50796
More information
Listed by
Bruce & Company
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Property descriptions and related information displayed on this page are marketing materials provided by - Bruce & Company. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Bruce & Company for full details and further information.