Bruce Inn 23 High St 3 Room Hotel Falkland KY15 7BZ $657,598 ($219,199/Room) 6.30% Cap Rate
INVESTMENT HIGHLIGHTS
- Immediately opposite Falkland Palace
- Prominent town centre location
- On the site of a house first constructed in 1607 and used by the Royal Falconer
- Great connectivity into Edinburgh and Dundee
EXECUTIVE SUMMARY
The previous tenant has recently left and as such vacant possession is available immediately. The owners would consider offers on a leasehold or freehold basis.
The Inn is well known locally and within the wider catchment area and would suit an owner-operator to re-establish the business within the popular village setting.
The 2nd floor includes an owner's or manager's apartment with lounge, kitchen, bathroom, and two bedrooms.
The Inn is well known locally and within the wider catchment area and would suit an owner-operator to re-establish the business within the popular village setting.
The 2nd floor includes an owner's or manager's apartment with lounge, kitchen, bathroom, and two bedrooms.
PROPERTY FACTS
AMENITIES
- Restaurant
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 3 | $151.45 | - |
1 of 1
CONTACT
-
Stuart Drysdale -
Drysdale & Company
