Property photos
Business
Leasehold
£1,450,000
Hotel for sale
G65, Kilsyth, North LanarkshireLocal area information
Property location
Nearby amenities
- Balmalloch Primary School 0.2 miles
- Kilsyth Academy 0.3 miles
- Croy 1.8 miles
- Greenfaulds 3.9 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Leasehold
- Turnover of £2.8M for year end 2023
- Adjusted ebitda in excess of £600,000 - Year end 2023
- Operated by the current owners for c.15 years.
- The hotel and adjoining bar have recently undergone extensive renovations allowing for a contemporary atmosphere.
- Strong presence in the region.
- Our clients employ over 50 staff with a strong second tier management team in place.
- While tourism to the region bolsters sales, the business is supported heavily by the local economy and workers accommodation agreements.
Bruce & Co. Are delighted to present Project Maple, a hotel and bar based in North Lanarkshire The business is well-established and offer accommodation and hospitality to guests across the region and visitors, making it an excellent acquisition. The vendors now wish to retire, with the business representing an excellent acquisition for an existing operator within a similar sector or a new market entrant. Business is available on a leasehold basis. Ref: 50112
More information
Listed by
Bruce & Company
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