Bruce & Co. are delighted to announce the sale of the Lauderdale Hotel, an extremely well-run hotel in Lauder, Scottish Borders.
The business trades throughout the year and is rated as a 3 Star* hotel from Visit Scotland. The Lauderdale Hotel has an excellent reputation within the area for its fine foods and real ales, and as a result, enjoys much repeat custom.
The hotel benefits from 10 en-suite letting rooms, comprising of 6 twin, 3 double and 1 family suite. All bedrooms are fully furnished and come with flat screen TVs and hospitality trays.
A traditionally built wild stone property, the building has been extended and was presented in excellent walk in condition by the vendor.
Within just three months of it being on the market, The Lauderdale Hotel was sold to a private, first-time buyer who was looking for an opportunity within the local area. The vendor, Mr. William McKay had decided to place the business on the market due to his wish to retire.
Mr. McKay said: “I am pleased that the sale has now completed. I was happy with how confidently the sale was handled and have no complaints.”
A senior negotiator from Bruce & Co. commented “This was a good sale, with the vendor appreciative of the feedback and updates were given throughout. I wish both vendor and buyer every success for the future.”
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