Property for Auction in Scotland - The Royal Hotel, 63 Broad Street, Fraserburgh, Aberdeenshire AB43 9AU

Portfolio - 15 bedroom hotel and seven bedroom flat This property is being sold as part of a portfolio, along with: 63a Broad Street, Fraserburgh must be sold together.

Rare opportunity to purchase a 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).

Seven bedroom flat Well-proportioned seven bedroom apartment 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.

PLEASE NOTE This is a cash purchase only. Tenure Freehold Area 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. Local Authority Aberdeenshire Council Important Notice to Prospective Buyers: We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others. Additional Fees Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, payable on exchange of contracts. Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.