Hotel development opportunity in St Cyrus

We are delighted to bring to auction this superb opportunity to acquire a piece of local History. The St Cyrus Hotel comprises on the ground floor A reception, Restaurant, lounge, kitchen, dry store, wash up area, customer toilets, bar and lounge area and cellar with customer toilets. 375m2. On the first floor there is six ensuite bedrooms 157.9 m2 and owners flat with open plan lounge/kitchen, master bedroom with ensuite shower rooms second double bedroom and shower room with wc 119 m2. On the attic level there is a one-bedroom apartment with lounge and ensuite shower room 43m2. Externally the property has a large carpark to the rear and garden area to the side, the total area of the boundary is circa 0.4 acres. The current rateable value is £15570. There is a number of end uses for this property such as reinstating its previous use of hotel/restaurant or potential to be converted to residential apartment subject to planning. To ensure you do not miss out on this opportunity early viewing is highly recommended.

Tenure

Freehold

Area

The property is located within the small settlement of St. Cyrus, which is located on the A92 coastal road, approximately 18 miles south of Stonehaven, around 35 miles south of Aberdeen and around 6 miles to the north of Montrose.

Local Authority

Angus Council

Additional Fees

Buyer's Premium - 1% of the purchase price subject to a minimum of £1000+VAT.

Administration Charge - No admin fee.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.