For Sale By Auction | 14:00, 06 February 2025

6 Pitsligo Street, Fraserburgh AB43 7JL

*Guide | £45,000 (plus fees)

  • Hotel
  • Tenure: Freehold

Call the team on 0141 339 4466 for more information

Auction Date

Thu 06/02/2025

Auction Time

14:00

Auction Venue

Radisson RED, 25 Tunnel Street • G3 8HL

Former Forbes Arms Hotel

Once the place to be seen, the former Forbes Arms Hotel in the coastal village of Rosehearty, five miles along the coast from Fraserburgh, is new to auction. The former hotspot in the village once comprised public bar, lounge bar, dance hall and upstairs restaurant and bedrooms, but the passing years and harsh elements have seen the building fall into serious disrepair, and a return to its heyday now seems unviable. The central location in the village, allied with the generous footprint and competitive Guide Price, is most likely to be attractive for an investor/developer to clear the site and, subject to the required approvals, create new residential dwelling(s). Early expression of interest is recommended. ** Note To Prospective Purchasers – Aberdeenshire Council have recently issued a Dangerous Building Notice which can be made available to interested parties. Buyers should undertake additional due diligence in this regard. ** The building is not safe for public viewings.

Tenure

Freehold

Area

The coastal village of Rosehearty is just 4 miles west of Fraserburgh. The peaceful village offers local amenities including a local primary school, library, convenience stores, butchers, post office and a hotel & restaurant. There are lovely coastal walks, a bowling club and golf course. There are regular bus services to and from Fraserburgh.

Local Authority

Aberdeenshire Council

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.