One of Scotland’s oldest coaching houses awaits vibrant new ownership in Montrose, Angus.
The Star Hotel is a former coaching inn that dates all the way back to 1748. The business has been under successful ownership by the current vendors since 2010. The property has undergone substantial refurbishment, particularly in many of the exclusive rooms. There are rooms to suit all budgets. The Inn boasts a traditional well stocked Scottish bar with two seating areas, along with jukebox, darts, pool and sports TV.
This historic property is conveniently located just off Montrose High Street. The hotel is only five minutes away from the railway station and the historic Montrose Golf Links; the fifth oldest golf course in the world.
This idyllic 16th century property now provides an excellent investment opportunity. It is the perfect business to become an independently run guest house or part of an established franchise. The property has been placed on the market due to the current owners wish to retire from the tourism industry. The business operates throughout the year. Its quality is reflected in the number of awards it currently holds.
A spokesperson for selling agent Bruce & Co stated; “the sale of The Star Hotel offers a rare opportunity to purchase a high quality, beautifully presented business, which is trading well and features potential for expansion.”
Bruce & Co is seeking offers over £575,000 for the freehold of the property.