£440,000

Hotel for sale

  1.  Photo 0
  2.  Photo 1
  3.  Photo 2
Business
Freehold

£440,000

Hotel for sale

Union Terrace, Aberdeen AB10

Local area information

Property location

Nearby amenities

  • Robert Gordon's College 0.1 miles
  • Gilcomstoun School 0.3 miles
  • Aberdeen 0.3 miles
  • Aberdeen Ferry Terminal 0.4 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Aberdeen to find out more about the area.

Features and description

  • Freehold
  • Luxury apartments located in the heart of Aberdeenshire.
  • Superbly presented throughout, excellent reputation, 2 luxury apartments, each boasting a modern design with a homely touch.
  • Turnover for year end March 2020 £50,200 with potential to increase.
  • Freehold opportunity
An excellent opportunity to acquire a profitable freehold of 2 luxury apartments accommodation in prime location in a busy central city location. They each have a spacious lounge, fully furnished kitchen, bedrooms and bathrooms with built in showers. These apartments are made up of 1 x two bed accommodation and 1 x 3 bed accommodation and are available to be rented out as one-night stays or long-term rentals. On street parking is available nearby. There is potential to increase the current turnover as occupancy presently stands at 80% by increased marketing and brand awareness. This is an excellent business opportunity to purchase 2 apartments in excellent condition, which is truly a turnkey business and has potential to be managed remotely with the correct staffing put in place. Turnover for year end March 2020 £50,200 with potential to increase. Freehold. Ref 49029 Ref: 49029

More information

Report this listing

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.

  1. Zoopla
  2. Commercial for sale
  3. Aberdeenshire
  4. Aberdeen
  5. Aberdeen City Centre
  6. Union Terrace

© 2024 Zoopla Limited. All rights reserved.

Sold house prices provided by Land Registry/Registers of Scotland. © Crown copyright 2024. Our website is completely free for you to use but we may receive a commission from some of the companies we link to on the site.

Zoopla Limited is an appointed representative of Uswitch Limited which is authorised and regulated by the Financial Conduct Authority (FRN 312850) to provide the mortgage calculator tool and incorporated with company registration number 06074771 and registered office at The Cooperage, 5 Copper Row, London SE1 2LH. Uswitch Limited is authorised and regulated by the Financial Conduct Authority (FCA) under firm reference number 312850.

Zoopla.co.uk is not a mortgage intermediary and makes introductions to Mojo Mortgages to provide mortgage solutions. Zoopla.co.uk and Mojo Mortgages are part of the same group of companies. Zoopla may receive an introduction fee from Mojo Mortgages on completion of successful mortgage applications. This fee is based on a percentage of your loan amount. Mojo is a trading style of Life's Great Limited which is registered in England and Wales (06246376) and is authorised and regulated by the Financial Conduct Authority and is on the Financial Services Register (478215). Mojo's registered office is The Cooperage, 5 Copper Row, London, SE1 2LH. To contact Mojo by phone, please call 0333 123 0012.