FORMER ROYAL HOTEL & 7 BEDROOM APARTMENT

WE HAVE BEEN INSTRUCTED BY THE OWNER OF THE ROYAL HOTEL TO SELL THE PROPERTY AT AUCTION ON THE 16TH JULY 2025. HOTEL SERVICED ACCOMODATION OPPORTUNITY / DEVELOPMENT OPPORTUNITY (STPP) THE FORMER ROYAL HOTEL IS TO BE SOLD WITH VACANT POSSESSION AND ALSO INCLUDES 63A BROAD STREET WHCIH IS A VCANT 7 BEDROOM 3 STORY HOUSE. HOTEL - PREVIOUSLY VALUED AT £750,000 WHEN TRADING This substantial fifteen bedroom former hotel available for sale conveniently situated in the town centre of Fraserburgh. Positioned on the corner of the busy high street, the premises is made up of fifteen bedrooms, lounge bar, restaurant, industrial kitchen, public bar, nightclub, cocktail bar and living quarters. This is an excellent opportunity for an investor looking for a development project, with a variety of possible uses and huge earning potential on offer (subject to obtaining the relevant planning permission). 7 BEDROOM HOUSE - HOME REPORT £190,000 - ACHIEVES £190 per night rental Well proportioned seven bedroom 3 story house is ideally situated in the town centre of Fraserburgh offering a range of amenities nearby. The accommodation comprises an entrance hallway, lounge, kitchen, seven bedrooms (one of which is currently being used as a fully equipped gym), two en suites, two shower rooms and a family bathroom. The property can be offered fully furnished with all fixtures and fittings under separate negotiation. The property benefits from gas central heating, double glazed windows, ample storage and CCTV coverage. The property has full electric and gas safety certificates and in addition also has electric pat safety certificates. The property is currently been used as serviced accommodation and is ideal for a variety of uses such as short term rental or long term rental with potential to be used as a HMO subject to obtaining license. LOCATION The property is located within the town centre of Fraserburgh and is only a short walk from the harbour, beach and bus station. Fraserburgh is positioned 42 miles from Aberdeen on the North facing Coast of Buchan. The town still sees many fishing boats in the harbour and is the largest shellfish port in Europe. The town is a traditional seaside resort and has a good range of local amenities and facilities. Primary and Secondary schooling are available in Fraserburgh and a good bus service is in operation to the city of Aberdeen.