property&classified To advertise in SLTN 11.11.10 (TH).qxp:Layout 1 5/11/10 10:13 Page 1
Market Intelligence by Brian Sheldon, Director, Scotland
The correct pricing on hospitality going concerns continues to be the crucial ingredient of a successful sales process. In the current climate, there is a fine line between receiving multiple competitive offers for a business and no interest at all. For example, we recently marketed a realistically priced riverside restaurant. During the marketing period, over 7 viewings and 3 offers were received, including one from the successful buyer, who swiftly concluded missives on the property — pricing really is key.
Hotels + Public Houses + Restaurants Scottish Offices
GLASGOW
Edinburgh 5 Logie Mill
Beaverbank Office Park Logie Green Road Edinburgh EH7 4HG T: 0131 557 6666
E:
edinburgh@christie.com Glasgow
120 Bath Street Glasgow G2 2EN T: 0141 352 7300
E:
glasgow@christie.com 15 UK Offices
International Offices London . Barcelona . Berlin Frankfurt . Helsinki Lyon . Marseilles . Munich Paris . Rennes . Vienna
OIRO £500,000 Freehold CHAPLINS HOTEL + Established licensed hotel
• In the same ownership for c.25 years • Public bar/lounge, nightclub and 5 bedrooms • External beer garden Glasgow Office Ref 68/ST53814/L2
ABERDEENSHIRE
OIRO £290,000 Freehold SOCIAL CLUB + Private social club in a prominent position
• Traditional sandstone property • Principally laid over 2 levels • Car park at both the front and rear Glasgow Office Ref 68/ST53806/L2
OIEO £200,000 Freehold RESTAURANT/BAR SITE + New restaurant/bar opportunity
• Good trading position • Within new multi-million pound marina development • PP for c.650m2
(6,996 sq ft) property Glasgow Office Ref 68/ST63478/S/F LANARKSHIRE
Offers Invited Freehold LUBNAIG HOUSE + 4 Star guest house
• 8 en suite rooms, 3 lounges and dining room • Extensive landscaped gardens, owner’s accommodation • Within Loch Lomond and Trossachs National Park Glasgow Office Ref 68/ST46492/S/P
LANARKSHIRE
Offers Invited Leasehold CHOW, EAST KILBRIDE
+ 80-cover restaurant and bar
• Designed and fitted to a high standard • Popular village area of East Kilbride • 4-bedroom owner/staff accommodation Glasgow Office Ref 68/ST63481/W2
FIFE EDINBURGH
www.christie.com PERTHSHIRE GLASGOW call Sandra on 0141 567 6023
£925,000 Freehold OGSTONS/PILMOUR HOTEL + Prime St Andrews location
01279 620820
www.venners.com
For Business Finance & Insurance please contact
• Recently refurbished to high standard • 7 en suite letting bedrooms • Sports bar/games area Edinburgh Office Ref 52/ST44774/S
PERTHSHIRE
OIEO £495,000 Freehold CARRIAGES HOTEL
+ Public bar and lounge bar 0844 4124944
www.christiefinance.com 0844 4124924
www.christieinsurance.com
RCC Insurance Brokers plc trading as Christie Insurance is authorised and regulated by the Financial Services Authority.
• Large function room (300) • 18 letting bedrooms – 12 en suite • Net T/O in excess of £400,000 year end March 2010 Edinburgh Office Ref 52/ST54771/S/F
£795,000 Freehold STRATHGARRY HOTEL & RESTAURANT + Well positioned restaurant with rooms
• 7 comfortable en suite letting bedrooms • Well presented restaurant for 36 • Separate basement bar (26) Edinburgh Office Ref 52/ST65294/W2/F
OIRO £250,000 Freehold UDNY STATION HOTEL + Business opportunity
• Lounge bar/restaurant • Public bar with function room (120) • 4-bedroom owner’s accommodation Edinburgh Office Ref 52/ST54706/L1/F
November 11, 2010 - SLTN - 45
OIEO £70,000 Leasehold BAR ASPEN + Well presented bar
• Basement lounge area • Well equipped kitchen and service areas • T/O c.£356,000 net VAT year end 2009 Edinburgh Office Ref 52/ST54782/S
ABERDEENSHIRE
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