Hotel is popular with tourists exploring the north
A hotel on the main street of one of the most northern towns in Britain is on the market.
The Royal Hotel in Thurso is being marketed by Colliers International as occupying a prominent position in a “busy and sizeable community” in the Scottish Highlands.
The venue, described by Colliers as an “excellent base from which to tour the northern reaches of the UK”, is close to the town’s railway terminus and the main ferry port to Orkney.
The Royal Hotel comprises 103 letting rooms which can accommodate almost 200 guests, as well as public areas including a dining room, lounges, bar and brasserie.
Alistair Letham, a director at Colliers, said: “The Royal Hotel is a well established business in the centre of Thurso and draws its custom from a mixture of commercial, leisure trade and local business.
“It has a solid base of turnover and good levels of profit and is ideal for experienced hoteliers or for a small group looking to add to its existing portfolio.”
The business is currently owned by a London-based property investment firm that is currently in the process of rationalising its portfolio.
Colliers International is inviting offers around £1.1 million plus VAT for the Royal Hotel.