Dunoon business attracts mix of tourists and locals
A Hotel in the seaside town of Dunoon has come onto the books of Smith & Clough Business Associates.
Located in the centre of the Cowal Peninsula town overlooking the Firth of Clyde, The Argyll Hotel is described as a “fantastic business opportunity”.
The hotel is said to have traded “consistently well” in recent years, benefitting from a mix of tourism and local support as well as weekly corporate business.
Comprising 33 en suite letting bedrooms, the property has a dining room, lounge bar, meeting room and a sun terrace, as well as Italian restaurant and bar Rio, which features a separate entrance on the high street.
Included in the sale is a four-bedroom detached house which is currently used by staff.
“The Argyll is known as one of the finest family-owned hotels in the area”
Graeme Smith, of Smith & Clough, said he expects a high level of interest in the property.
“Occupying a prominent central location with views directly over the Firth of Clyde, the hotel is presented in very good condition both internally and externally, with the current owners spending a lot of time and effort establishing the hotel into one of the finest family-owned hotels in the area,” he said.
“The Argyll Hotel forms part of a small group of privately-owned hotels by SGE Hotels and it is due to a different direction with the group that they have decided to sell.”
He added that viewing is “strongly recommended in order to fully appreciate what’s on offer”.
The Argyll Hotel is on the market with a price tag of offers in the region of £1.5 million.