The hotel has been leased for a number of years and is not being sold as a going concern. The property is in need of upgrading and modernisation. It is suitable for a wide variety of alternative uses and would also make an ideal development opportunity.ServicesThe property has mains water, drainage and electricity.SummaryThe sale of the station Hotel offers a rare opportunity to purchase a substantial property in a charming coastal village. New owners could re-establish a thriving and bustling business that could cater to for tourism and the local community. Alternatively the site could be developed for different uses such as self catering apartments, Air B'n'B or serviced accommodation. It would also be suitable for residential development.PriceOffers in the region of ?250,000 are sought for the heritable property, fixtures and fittings of the hotel.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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