Summary - MERCURE ABERDEEN CALEDONIAN HOTEL, 10-14, UNION TERRACE AB10 1WE
83 bed 1 bath Hotel
**Standout Features:**
- Prime city center location overlooking Union Terrace Gardens
- 83 ensuite letting bedrooms
- Lounge bar (c. 40 covers) and bistro restaurant (c. 30 covers)
- Four versatile function rooms accommodating up to 75 guests each
- Freehold ownership offers security and investment potential
- Rich Victorian architecture that ties into the historic character of Aberdeen
- Recent investment in surrounding areas, enhancing local appeal
**Summary:**
Discover an exceptional opportunity to own the iconic Mercure Aberdeen Caledonian Hotel, nestled in the heart of Aberdeen with stunning views of Union Terrace Gardens. This historical Victorian property boasts 83 ensuite letting bedrooms and a variety of hospitality facilities, including a charming lounge bar and bistro restaurant, appealing to both tourists and locals. With four function rooms ready to host events of up to 75 guests, there is significant potential to develop and diversify the business further.
Strategically located near Union Street's bustling shopping scene, the property benefits from the recent £28.3 million refurbishment of Union Terrace Gardens, introducing more foot traffic and enhanced community engagement. While the hotel is a noteworthy investment, prospective buyers should be aware that the surrounding area reflects significant deprivation, which may influence the customer demographic.
Seize this unique chance to merge historic charm with modern potential in a transformative urban setting—an investment that promises growth in a vibrant multicultural neighborhood.
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