Well Located Heritable Hotel Investment

Aberdeen is Scotland’s third largest city and the principal commercial centre of the North East of Scotland. The property is situated on the eastern side of Burnside Drive, approximately 5 miles north west of Aberdeen city centre and 1 mile east of Aberdeen International Airport, Europe’s busiest heliport and a major transport hub supporting the North Sea energy sector. The A96 Aberdeen to Inverness trunk road is readily accessible, with the A947 providing a direct connection between Dyce and Aberdeen city centre. Dyce Railway Station is also nearby, providing services to Aberdeen and Inverness. The surrounding area is an established business and industrial location, with nearby occupiers including Plexus, BP and many oil and gas, engineering and technology businesses. The property comprises a modern Travelodge hotel providing 40 bedrooms over ground and first floors, together with approximately 100 customer car parking spaces. The hotel was refurbished in March 2023 as part of Travelodge’s Budget-Luxe upgrade programme, incorporating an upgraded reception and redesigned bedrooms with Travelodge’s latest specification. A separate restaurant is located immediately to the south-east of the hotel, providing ground floor restaurant accommodation together with ancillary accommodation at first floor level. The restaurant also benefits from a separate car park. The property occupies a site of approximately 1.28 Ha (3.11 acres).