New owner sought for business trading in administration
OPERATORS looking for an established hotel business might be interested in a property in Dumfries.
The Queensberry Hotel, which is currently trading in administration, is being marketed by commercial property firm Smith & Clough.
The hotel has 15 letting rooms, a public bar and restaurant area, which is said to have a capacity of over 300 covers, and a two-bedroom manager’s flat.
The hotel benefits from local business and an abundance of tourists.
Outside, the hotel has seating for up to 16 and a guest car park located along from the hotel on English Street.
Graeme Smith of Smith & Clough Business Associates said trade at the hotel “benefits from high levels of local business and from the abundance of tourists visiting the area throughout the year, especially in the summer months”.
He added that the majority of trade at the Queensberry Hotel comes from food and wet sales, but that there is “huge potential for a new owner to grow the accommodation business and build on the current bookings from contractors, workers and golf parties”.
“The sale of this hotel offers an exceptional opportunity for a private or multiple operator looking to grow a business within a bustling trading area of Dumfries and push trade levels further across all three income streams/enterprises,” said Smith.
The Queensberry Hotel is on the market at offers in the region of £395,000 for the freehold.