The Glencarse Hotel in Perthshire has been brought to market with a freehold asking price of £495k after having been family-run for the last 11 years.
Located on the A90, The Glencarse Hotel is situated between Perth and Dundee, Scotland, and benefits from both commuters and tourists travelling between cities.
The 18th-Century hotel features five contemporary en-suite letting rooms, as well as a public bar and restaurant which can be booked for private events as well as weddings.
Externally, the property features a beer garden and a large garden area which offers scope for development, subject to the correct planning consents.
Additionally, there is a three-bedroom owner’s accommodation on the first floor.
Simon Watson, business agent at Christie and Co, said: “The Glencarse Hotel is a well-established hotel with huge potential for growth due to its multiple revenue streams.
The owners’ accommodation could be developed into additional letting rooms, and the land to the rear of the building has previously been explored for development.”
He added: “The business would be well suited to an owner-operator or couple looking to make an addition to a current portfolio.”