Latest news with #TonySpence
Glasgow Times
16-06-2025
- Business
- Glasgow Times
Popular Glasgow city centre venue goes up for sale
The licensed townhouse known as 'Hummingbird' is currently on the market with an asking price of £900,000. The multi-purpose venue, situated on Bath Street, includes a cocktail bar, restaurant, karaoke pods, and a variety of function spaces spread across four floors. It also benefits from an outdoor terrace. Christie & Co are marketing the venue as a freehold investment opportunity. The specialist business property adviser says the townhouse has received significant investment in recent years. READ NEXT: Former student union building to be transformed as plans approved It can be used for various functions, including parties, meetings, corporate conferences, social gatherings, and workshop classes. The property is currently let to a tenant who trades as Enish, a worldwide Nigerian restaurant group. The trading business is not for sale. Tony Spence, Associate Director at Christie & Co, said: 'This is an excellent opportunity to acquire a high-yield licensed investment located within Glasgow city centre. 'The existing tenant has great experience within the sector, owning several other units across the UK and abroad. 'We would urge any interested parties to get in touch for further information.' For further information, visit Christie & Co's website HERE.
Yahoo
16-06-2025
- Business
- Yahoo
Popular city centre townhouse venue on the market
A licensed city centre townhouse venue has been put up for sale. Specialist business property adviser Christie & Co has been instructed to market 'Hummingbird' in Glasgow. Located on Bath Street in the heart of the city, the multi-purpose venue includes a cocktail bar, restaurant, karaoke pods and a variety of function spaces spread across four floors, as well as an outdoor terrace. The property has received significant investment in recent years and is a popular venue of choice for parties, meetings, corporate conferences, social gatherings and workshop classes. READ MORE: 'Outstanding' Art Deco home nestled in a Glasgow suburb hits the market Former Scottish radio station with 'impressive panoramic views' goes on market Council approves sale of Mackintosh building for use as museum The townhouse is currently let to a tenant who trades as Enish, a worldwide Nigerian Restaurant group. The trading business is not for sale. Tony Spence, Associate Director at Christie & Co who is managing the process, said: 'This is an excellent opportunity to acquire a high yield licensed investment located within Glasgow city centre. "The existing tenant has great experience within the sector, owning several other units across the UK and abroad. We would urge any interested parties to get in touch for further information.' The freehold investment opportunity is on the market with an asking price of £900,000.
The Herald Scotland
16-06-2025
- Business
- The Herald Scotland
Popular city centre townhouse venue on the market
Located on Bath Street in the heart of the city, the multi-purpose venue includes a cocktail bar, restaurant, karaoke pods and a variety of function spaces spread across four floors, as well as an outdoor terrace. The property has received significant investment in recent years and is a popular venue of choice for parties, meetings, corporate conferences, social gatherings and workshop classes. READ MORE: The townhouse is currently let to a tenant who trades as Enish, a worldwide Nigerian Restaurant group. The trading business is not for sale. Tony Spence, Associate Director at Christie & Co who is managing the process, said: 'This is an excellent opportunity to acquire a high yield licensed investment located within Glasgow city centre. "The existing tenant has great experience within the sector, owning several other units across the UK and abroad. We would urge any interested parties to get in touch for further information.' The freehold investment opportunity is on the market with an asking price of £900,000.
Yahoo
05-06-2025
- Business
- Yahoo
Caledonian Travel acquires historic Dreadnought Hotel in Scotland
Business property adviser Christie & Co has unveiled the sale of the historic Dreadnought Hotel in Stirlingshire, Scotland, UK. The 17th-century establishment, acquired by Caledonian Travel, is located in the tourist town of Callander. This sale marks the second transaction between the property adviser and the hotel's selling family. Dreadnought Hotel, known for its traditional Highland interior and stone exterior, features 61 ensuite letting rooms, the McNab restaurant and bar, a small events room and a beer garden. Nestled next to a main tourist route leading to Lochearnhead, the hotel benefits from its proximity to Glasgow and Edinburgh, which are 35 and 50 miles from the property, respectively. The previous owners, who purchased the property in 2017, decided to sell due to retirement. The property has potential for extension and renovation. This sale price of the Dreadnought Hotel has not been disclosed. Christie & Co associate director Tony Spence said: 'We were delighted to act for our clients in the sale of the hotel, which now allows them to retire from the hospitality trade. This was the second hotel where Christie & Co have acted for the family and we are grateful they had trust in us to deliver. 'There remains good activity within the market and we would urge any vendors who are considering a sale or purchase to get in touch to discuss further.' In related news, Christie & Co was also involved in the sale of the Brantwood Country Hotel in the Lake District, UK, last month. Additionally, the company announced it is facilitating the sale of Bournemouth West Cliff Hotel & Spa, an independent property in the seaside resort of Bournemouth. "Caledonian Travel acquires historic Dreadnought Hotel in Scotland" was originally created and published by Hotel Management Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
The Herald Scotland
05-06-2025
- Business
- The Herald Scotland
Family sells landmark hotel in popular Scottish town
The sale of the Dreadnought Hotel in Callander, Stirlingshire, to Caledonian Travel was handled by Christie & Co. The hotel has 63 ensuite letting rooms, the MacNab restaurant and bar, a small events room and a beer garden. The previous owners bought the property in 2017 and were selling due to retirement. Tony Spence, associate director at Christie & Co, said: 'We were delighted to act for our clients in the sale of the hotel which now allows them to retire from the hospitality trade. 'This was the second hotel where Christie & Co has acted for the family and we are grateful they had trust in us to deliver. There remains good activity within the market and we would urge any vendors who are considering a sale or purchase to get in touch to discuss further.' READ MORE: Caledonian Leisure, which operates under the Caledonian Travel and UKBreakaways brands, in partnership with its investors, hailed completion of the purchase. The hotel is to be rebranded The Caledonian Thistle Hotel, a name chosen to reflect its 'proud Scottish heritage and the company's ambition to further establish a presence in key Scottish tourism hotspots'. Graham Rogers, managing director at Caledonian Leisure, said: 'After the success of The Caledonian Hotel Collection in Torquay, Blackpool, Scarborough and Arrochar, we're delighted to welcome another hotel to our family. With sector-leading customer review scores and rising demand across our brands, this investment is a key step in strengthening our year-round offering in Scotland.' A 'significant investment' programme is now under way to enhance both the interior and exterior of the property. The hotel will be ready to welcome guests from the end of July, operating 12 months of the year to meet demand from both coach-inclusive and self-drive customers. The refurbishment will deliver upgraded bedrooms, refreshed communal areas and improvements to the entertainment facilities. David McDonald, finance director at Caledonian Leisure, said: 'Callander is a wonderful base for customers looking to explore with so many outstanding and beautiful areas within easy reach of this delightful Scottish town. The locally renowned MacNab's Bar will remain open for everyone, and in a nod to the traditions of the hotel, we'll be renaming the restaurant The Dreadnought Restaurant.' Mr McDonald added: 'Right now, we're actively recruiting local people to deliver exceptional hospitality as we prepare to reopen the hotel this summer after this extensive refurbishment project.' The agent said that 'the property boasts exceptional character throughout, complimenting a traditional Highland interior and stone exterior that can be dated back to the seventeenth century'.
