Located ideally for corporate guests, tourists and holidaymakers, the family-run St Olaf Hotel overlooks one of the world’s top 100 golf courses, Cruden Bay Golf Course and is only a few minutes’ walk away from its highly popular clubhouse.
Brian Sheldon, Regional Director of Christie & Co, who handled the sale, comments “This sale was a fantastic opportunity for a new owner to acquire a small family-run hotel in a location which attracts custom on a local, regional and national basis. The St Olaf Hotel is an ideal location for business people, tourists and holidaymakers.
“We wish the previous owners all the best as they look forward to a well-earned retirement. We also wish the buyers every success and we’re sure they will further enhance this already established and popular business.”
The asking price was offers of over £395,000.
