Dundee Queen's hotel on the market for £2.75m
The Best Western Queen's Hotel in Dundee has been brought to market for £2.75m for the freehold of the property.
Owner Gordon Sneddon purchased the hotel 20 years ago and is now looking to retire.
Constructed in 1878, the 53-bedroom hotel is set over six floors and contains the Q Bar, a bar lounge on the ground floor, a restaurant, a separate breakfast room and a range of function suites. The venue currently caters for around 200 weddings and other functions each year.
There are also two further retail premises that could be included in the sale by separate negotiation.
Stuart Drysdale, associate director at Christie & Co, which is marketing the property, said: "This is a fantastic opportunity for a new owner to build upon a successfully established business in an excellent location. The hotel is being placed on the market with the hope that its new operator will continue to provide the hospitality and service that the hotel is renowned for, by both locals and those from further afield.
"Dundee has been transformed in recent years with the ongoing Waterfront development which will include the V&A Museum of Design. This is expected to bring an additional annual 500,000 visitors to the city and numerous hotels are in the pipeline for development to cater for this projected increase in visitor numbers."
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