Acting on the instructions of the joint receivers of Tay Hotels Ltd, Jolly’s Hotel is on the market with a price tag of £1.2 million for the freehold.
Located in the centre of Broughty Ferry, which is four miles east of Dundee city and a popular commuter belt, the hotel is said to be renowned for its “lively” bar.
As well as the main lounge bar and music venue, which can seat 114, the hotel has 24 en suite letting rooms; a public bar, which is described as traditional in style and is said to be popular with locals; a lounge, which is often used for functions; and a breakfast room, which can cater for up to 26 guests.
Christie & Co director Ken Sims said the hotel is a “major destination venue” in the town.
“Broughty Ferry is often referred to as ‘the jewel in Dundee’s crown’ and is one of the city’s most popular residential and visitor areas,” he said.
“Jolly’s Hotel is a well-known business which attracts trade from hotel guests and non-residents alike.
“The main bar, which is accessed off the hotel’s courtyard, is an extremely popular family dining destination during the day and is transformed into a popular music venue in the evening.
“The sale of this hotel presents an excellent business opportunity for an experienced operator.”