Sold Prior | Lot 22

Royal Hotel, St Cuthbert Street, Kirkcudbright, DG6 4DY

Sold Prior

  • Hotel
  • 17 Bedrooms
  • Tenure: Freehold

Call the team on 0141 339 4466 for more information

Auction Date

Thu 27/06/2019

Auction Time

14:00

Auction Venue

Radisson Red, 25 Tunnel Street, Glasgow, G3 8HL

Hotel

Fantastic opportunity to purchase the Royal Hotel situated in a prime corner plot in the Town of Kirkcudbright. The accommodation is formed over three levels and comprises on the ground floor: Bar (current alcohol license), lounge / games room, large dining room seating approx. 40 people, rear function suite for approx. 120 people, kitchen and ladies and gents toilets. On the first floor are 10 en suite rooms and a large lounge giving access to the roof terrace. On the second floor are 7 en suite bedrooms and a separate owners living accommodation comprising: lounge, kitchen, two bedrooms and bathroom. This would be a fantastic opportunity for the right buyer who could restore the hotel to its former glory or may also suit a builder / developer looking to convert the property to flats (subject to relevant planning consents). This property has been priced to sell by a highly motivated seller so arrange a viewing now to be sure not to miss out.

Tenure

Freehold

Builder / Developer opportunity

Current alcohol license

Prime corner plot

Competitively priced to sell

Separate owners accommodation

Area

The hotel is situated close to the centre of the attractive and well known coastal town of Kirkcudbright, which combines successfully the more modern attractions of a picturesque resort, with the regular centre, which includes a variety of business and activities and a range of local small industry and services. Plus of course the all important and ever popular visitor and tourist custom.

Local Authority

Dumfries and Galloway Council

Additional Fees

Administration Charge - Purchasers will be required to pay an auction fee of 1% of the purchase price subject to a minimum of £3,000 inc VAT unless otherwise stated

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.