CDLH have been instructed to sell the Victoria Hotel by Eileen Blackburn and Linda Barr, joint Administrators of Dawnbrook Limited. Although Dawnbrook Limited is in Administration, the business continues to trade. The business has a good level of sales in the region of £590,000 p.a.
The hotel is situated in an enviable position in the centre of Rothesay, which is the principal town on the Isle of Bute. The island is easily assessible by ferry from Wemyss Bay and the hotel is only minutes’ walk from the main ferry terminal and attracts many tourists.
The premises were fully converted/refurbished around 2004 and provide quality accommodation, with only limited capital expenditure required from an incoming purchaser. The hotel has been placed on the market as a going concern business at offers over £295,000 and is inclusive of all fixtures and fittings.
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