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Garfield Hotel 12 Victoria Sq 10 Room Hotel Stirling FK8 2QZ $1,665,490 ($166,549/Room)

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INVESTMENT HIGHLIGHTS

  • Historic late-19th Century building
  • Includes The Orangery restaurant
  • In excellent condition meaning no need for renovation
  • Attractive Vendor Finance option available

EXECUTIVE SUMMARY

The current owners have run the business since 2013, opening initially as a 7 letting room guest house before expanding to 10 rooms in 2016. A restaurant was added in 2019 and the business was rebranded as a restaurant with rooms in 2021. 2022/23 has been the first full year of trading in this model without interruption. The business has significant potential for growth based on a very strong and still growing reputation.

PROPERTY FACTS

Price $1,665,490
Price Per Room $166,549
Sale Type Investment
Sale Condition Furniture, Fixtures and Equipment Included
Tenure Freehold
Property Type Hospitality
Property Subtype
Hotel
Building Class B
Lot Size 0.09 AC
Building Size 3,250 SF
No. Rooms 10
No. Stories 3
Year Built/Renovated 1800/2019
Corridor Interior

AMENITIES

  • Restaurant
  • High Speed Internet Access
  • On-Site Bar
  • Boutique/Lifestyle Hotel
  • Public Access Wifi
  • Smoke-Free

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Guest Room 10 $297.12 -
  • Listing ID: 29842074

  • Date on Market: 10/20/2023

  • Last Updated:

  • Address: 12 Victoria Sq, Stirling FK8 2QZ

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