Hotel for sale in G65, Kilsyth, North Lanarkshire, £1,450,000

1,450,000.00

Offer Nr.:
66732395
Type of ad:
for Sale
Property type:
Hotel
Contact name:
Bruce & Company
Phone(s):
0131 268 9615

* Leasehold
* Turnover of £2. 8M for year end 2023
* Adjusted ebitda in excess of £600, 000 - Year end 2023
* Operated by the current owners for c. 15 years.
* The hotel and adjoining bar have recently undergone extensive renovations allowing for a contemporary atmosphere.
* Strong presence in the region.
* Our clients employ over 50 staff with a strong second tier management team in place.
* While tourism to the region bolsters sales, the business is supported heavily by the local economy and workers accommodation agreements.
Bruce & Co. Are delighted to present Project Maple, a hotel and bar based in
North Lanarkshire The business is well - established and offer accommodation and
hospitality to guests across the region and visitors, making it an excellent
acquisition. The vendors now wish to retire, with the business representing an
excellent acquisition for an existing operator within a similar sector or a
new market entrant. Business is available on a leasehold basis. Ref: 50112

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