The Red House Hotel, Coupar Angus for sale through Christie & Co
Specialist business property adviser, Christie & Co has brought to the market The Red House Hotel, a 3 star hotel centrally located in the town of Coupar Angus near Blairgowrie in Perth and Kinross, Scotland as two of the partners have decided to retire after 36 years in the hospitality industry.
Owned by the current family for 36 years, the hotel has undergone consistent improvement and expansion under their ownership. The hotel has been developed to offer a wide range of facilities with a bar and restaurant for 124 covers on the ground floor, as well as a conservatory, public bar, snooker room, leisure facility, squash court and pool/darts room. The flexible function facility offers a capacity of 160 and can accommodate smaller numbers for either private parties or conferences.
Operating year round, the business provides for multiple streams of income from a diverse split of trade, including accommodation, food, beverage, function/conference trade, and leisure, with food and beverage being the largest proportion. The hotel hosts weddings, funerals and other functions, also offering weekend golf, fishing and shooting breaks in the surrounding area.
Brian Sheldon, Regional Director at Christie & Co comments; “The Red House Hotel sits upon a large plot with an enviable trading position within the town. Directly to the front is the large car park which can accommodate up to 90 cars. To the side of the hotel sits a large vacant plot for future development, which presents the opportunity to expand the letting bedrooms and leisure facility. Whilst trading very well, there is no doubt that the business offers a discerning purchaser the opportunity to further develop and expand the business.”
Christie & Co is seeking offers in the region of £2,400,000.
