Hotel/guest house for sale in Royal George Hotel, Tay Street, Perth, Perth And Kinross PH1, £2,500,000

2,500,000.00

Offer Nr.:
61057379
Type of ad:
for Sale
Property type:
Hotel/guest house
Contact name:
Graham + Sibbald
Phone(s):
01738 301675

* Freehold
* Fabulous Historic 46 - Bedroom City Hotel overlooking the River Tay
* Excellent city centre location; close to all major attractions & concert venue
* Full range of bar, restaurant, function, meeting room facilities
* Perth Gin Distillery located in the Hotel with adjacent "Gin Garden"
* Located within 2 - minute walk of forthcoming Perth Museum, home to The Stone of Destiny
* Established Business with T/O on target to exceed £1. 55m (net); Excellent Profits
*******new price*******
Graham & Sibbald are proud to bring to market the Royal George Hotel for sale.
This stunning 46 bedroom hotel was constructed in the mid - 19th Century
although its origins as a licensed hostelry dates back some 245 years. The
hotel has a spectacular position adjacent to the River Tay and located within
the heart of Perth, one of Scotland's more affluent cities. Perth is a vibrant
and affluent city which benefits from its position as the crossroads to the
Highlands and has an excellent catchment area. The attraction for tourists,
visitors, or locals looking for a day out is easily achieved with so much to
offer such as the nearby cinema, theatre, art galleries, museum and amazing
entertainment venues that draw world - class performers.
The business is that of a City Centre hotel offering accommodation,
conference, restaurant and bar facilities to an excellent cross - section of
local, corporate and leisure business. The hotel is a well rounded business
with a good strong, diverse income stream and is a well - used meeting point for
locals as well as national and international firms.
Fabulous Historic 46 - Bedroom City Hotel overlooking the River Tay
Excellent city centre location; close to all major attractions & concert venue
Full range of bar, restaurant, function, meeting room facilities
Perth Gin Distillery located in the Hotel with adjacent "Gin Garden"
Located within 2 - minute walk of forthcoming Perth Museum, home to The Stone of
Destiny
Established Business with T/O on target to exceed £1. 55m (net); Excellent
Profits
A 46 bedroom hotel for sale in a spectacular location on the banks of the
River Tay, in Perth City Centre

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