A ‘highly profitable’ freehold hospitality business in the heart of Ellon, Aberdeenshire, is up for sale through Bruce & Co.
Dating back to the early 1890s, the impressive stone-built Station Hotel has been owned and operated by its current proprietors since 1994.
During this time, the property is said to have been been extensively upgraded and extended, transforming it into the ‘well-presented and thriving business’ that is now being offered in walk-in condition throughout.
The hotel has 16 en-suite letting bedrooms alongside a public lounge bar, games room, function suite for corporate and private events, and a 30-cover restaurant and bar. Owners and staff accommodation is also included.
The business reportedly trades strongly throughout the year, supported by a local customer base, tourism, and repeat business visitors, and holds an excellent reputation, reflected by its high TripAdvisor rating and ‘multiple industry accolades’.
Set within its own grounds, the property has on-site parking for approximately 30 vehicles and occupies a prominent position within the area.
Bruce & Co described the Station Hotel as ‘an extremely well-run operation, offering both immediate profitability and clear scope for future expansion’ by an incoming owner.
The property’s freehold is being offered for sale at an asking price of £540,000, due to the current proprietors’ decision to retire from the industry.
