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Agent's details

Royal George Hotel, Tay Street, Perth, Perth And Kinross

For sale: £2,500,000.00|46 |Hotels, Licensed & Leisure

Property details

FOR SALE£2,500,000.00
ADDRESSRoyal George Hotel, Tay Street, Perth, Perth And Kinross
TYPEHotels, Licensed & Leisure
TENUREBusiness for sale, For Sale Freehold
POSTED ON9th September 2023


*******NEW PRICE*******

Graham and Sibbald are proud to bring to market the Royal George Hotel for sale. This stunning 46 bedroom hotel was constructed in the mid-19th Century although its origins as a licensed hostelry dates back some 245 years.The hotel has a spectacular position adjacent to the River Tay and located within the heart of Perth, one of Scotland's more affluent cities. Perth is a vibrant and affluent city which benefits from its position as the crossroads to the Highlands and has an excellent catchment area. The attraction for tourists, visitors, or locals looking for a day out is easily achieved with so much to offer such as the nearby cinema, theatre, art galleries, museum and amazing entertainment venues that draw world-class performers.

The business is that of a City Centre hotel offering accommodation, conference, restaurant and bar facilities to an excellent cross-section of local, corporate and leisure business. The hotel is a well rounded business with a good strong, diverse income stream and is a well-used meeting point for locals as well as national and international firms.

Fabulous Historic 46-Bedroom City Hotel overlooking the River Tay

Excellent city centre location; close to all major attractions and concert venue

Full range of bar, restaurant, function, meeting room facilities

Perth Gin Distillery located in the Hotel with adjacent "Gin Garden"

Located within 2-minute walk of forthcoming Perth Museum, home to The Stone of Destiny

Established Business with T/O on target to exceed £1.55m (net); Excellent Profits

A 46 bedroom hotel for sale in a spectacular location on the banks of the River Tay, in Perth City Centre ( Agency Pilot Software ref: 50711 )


Location: Royal George Hotel, Tay Street, Perth, Perth And Kinross

Perth (0.6 miles)

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