Specialist business property adviser Christie & Co has been instructed to sell St Olaf Hotel, a five-bedroom property which directly overlooks Cruden Bay Golf Club on Scotland’s north-east coast.
Cruden Bay is situated 23 miles north of Aberdeen and eight miles south of Peterhead. The coastal village is famed for its sweeping expanse of pink sands and dunes, as well as the world-famous Cruden Bay Golf Club, whose 18-hole championship course is rated one of Scotland’s best and as such attracts large numbers of visiting golfers from all over the world.
The hotel enjoys an enviable position in the bay, overlooking the golf course and out to Cruden Bay. The property sits just a few minutes walk from Cruden Bay’s clubhouse, making it a popular choice for golfers, as well as those looking to explore what the bay has to offer.
The traditional hotel features a reception hall which includes a spacious lounge, restaurant, breakfast room, and public bar with a separate entrance. The accommodation offered comprises five en-suite bedrooms, which cater for single guests and families alike and have been decorated in a comfortable, homely fashion.
Slains Castle, which is said to have inspired Bram Stoker to write his gothic horror story Dracula, can be seen from the front bedrooms of the hotel, as can the panoramic views of the historic Buchan coastline.
Brian Sheldon, Regional Director of Christie & Co, who is handling the sale, commented: “The sale of the St Olaf Hotel offers the discerning purchaser a unique opportunity to acquire a small family-run hotel in an enviable location, which attracts a range of guests, including golfers, domestic holidaymakers and international tourists.”
The business is on the market at an asking price of £450,000 for the freehold going concern.