Queens Hotel Investment Opportunity in Dumfries & Galloway, Full Refurbishment Needed
Undisclosed, Dumfries and Galloway
- Status
SOLD / WITHDRAWN
- Date Submitted:
13/02/19
- Advert ID
237946
- Reference
44473 / Rightbiz
- Call Agent:
- Freehold: £150,000
- Turnover: £28,225 (£543 Per week)
- Net Profit: £7,059 (26% Profit margin)
Business Details
Investment opportunity T A Queens Hotel Dumfries & Galloway
Property needing full refurbishment throughout6 Letting rooms
Pool Room, Beer garden
Locally supported
Bruce and Co. are pleased to offer for sale The Queens Hotel, situated in the village of Drumore on the west coast of Scotland. The property will need to be fully refurbished to bring it to working standards, locally supported pub with beer garden. The property has 6 letting rooms, work is currently being done to the rooms. The business has established an excellent base of loyal clientele from local residents and although the business forms an important part of the local community it also attracts custom due to its costal location.
FREEHOLD -£150,000
Ref: 44473
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Listing Statistics
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Advert pending deletion
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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