Great investment opportunity

What it costs to own

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What it's likely to sell for

From what comparable lots actually sold for against their guide, in Cornerlot's results.

Energy rating

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History

• First listed on Cornerlot 11 Oct 2026.

Auction House UK's record

About the lot

Freehold hotel lot in Montrose.

Lot -, Hotel. Great investment opportunity: Exciting opportunity to buy The Salutation Hotel, a ready-made coastal hospitality opportunity in the heart of Inverbervie. Picturesque seaside town where community spirit meets coastal charm. The Salutation Hotel has been thoughtfully refurbished, blending traditional pub atmosphere with flexible modern living. Downstairs, the property comes alive with a welcoming public bar, pool area, and lounge bar/restaurant — perfect for locals and visitors alike. Behind the scenes, a functional kitchen, laundry, and storage areas ensure smooth day-to-day operation. Upstairs, the space transforms into a private retreat and events hub. A large function room offers endless possibilities — from celebrations to live events — while the generous living accommodation comprises bathroom, shower room, toilet, living room open to kitchen/dining room, and five bedrooms (one with en suite shower room). The property has off street parking and a rear beer garden. The Salutation Hotel was operated successfully for over forty years by a local couple, until 2022 when they retired. Upon purchasing the property four years ago, the property has been extensively upgraded, then leased to past tenants who were not present/performing. It will be best suited for an owner proprietor. With the right team, this will again become a thriving local bar, hosting memorable events, or creating a boutique coastal stay. The property will suit a couple or family seeking a lifestyle business, entrepreneurs wanting to run a pub with rooms, event hosts or hospitality creatives, or buyers looking to combine home and income. The premises could be sub-divided for multiple retail outlets on the ground floor with owners accommodation above, subject to the relevant consents. Tenure: Freehold. Area: Located in the charming coastal town of Inverbervie, the Salutation Hotel benefits from a highly desirable setting that blends scenic appeal with practical connectivity. Inverbervie is a hidden gem on Scotland’s northeast coast offering sandy beaches, coastal walks, and a steady flow of tourists exploring Aberdeenshire. It’s a place where businesses become part of the community. Inverbervie is known for its attractive seaside environment, steady local footfall, and strong sense of community, making it an appealing destination for both residents and visitors. The area offers a range of local amenities including independent shops, cafés, and essential services, supporting consistent day-to-day trade. Its position along the A92 provides convenient transport links to larger hubs such as Stonehaven, Montrose, and Aberdeen, enhancing accessibility for customers, clients, and staff alike. Inverbervie’s coastal setting, nearby beaches, and access to outdoor attractions contribute to seasonal tourism activity, presenting additional commercial opportunities. The surrounding residential population, combined with passing traffic and visitor appeal, creates a balanced and…