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City Centre Guest House And Serviced Accommodation Opportunity In Glasgow For Sale

Glasgow, Glasgow City, UK
Asking Price:
£500,000
Turnover:
Not applicable
Net Profit:
Not applicable

A rare opportunity presents itself to acquire an impressive period property adjacent to the Glasgow School of Art in Glasgow City Centre. The property features a total of 6 letting rooms spread over 2 floors and has a long-established business history, generating substantial revenues. Ideally suited for conversion to an Airbnb operation or a small boutique Guest House, it awaits upgrading to unlock its full potential.

The Atlantic Hotel, situated in Glasgow's city centre, has operated successfully with six letting rooms. Currently operating in a reduced capacity, it presents an ideal opportunity for conversion into self-contained Airbnb-style apartments or a boutique guest house. A long established track record and with an adaptable layout, the Atlantic Hotel offers a practical investment opportunity in Glasgow's hospitality sector.

Accessed from steps leading from Renfrew Street, the property features original Victorian features such as ornate cornicing and ceiling roses. The ground floor comprises 4 large letting rooms, while the lower ground floor hosts 2 additional letting rooms, a kitchen, dining room area, and office, all with ensuite bathrooms.