The Courier & Advertiser (Perth and Perthshire Edition)
Historic Dundee hotel goes on the market for £2.75 million
Owner stresses no threat to staff or functions booked
A historic hotel that played host to Winston Churchill during his time representing Dundee, has gone on the market for £2.75 million.
The 53-bedroom Best Western Queen’s Hotel at Nethergate has been put up for sale by owner Gordon Sneddon, who took over the site in 1997.
The 57-year-old, who was born and raised in Perth and still lives at Huntingtower, said the hotel was part of the fabric of the city and he was only selling up as he moved into semiretirement.
The rejuvenated hotel now plays host to more than 200 weddings and other functions each year and, in addition to its six floors of accommodation, boasts two bars and a restaurant.
Mr Sneddon said the Queen’s had a loyal following.
The freehold for the hotel is being marketed by property adviser Christie & Co, but the business will continue to operate as normal in the coming months as the sales process continues.
Mr Sneddon stressed there was no threat to any function booked at the Queen’s and said the hotel’s 60-strong workforce was also safe. The hotel had 45 bedrooms when Mr Sneddon took over and he has added six new bedrooms and two suites in his time at the helm.
Planning permission was approved some years ago for an extension into the car park area to the rear of the building that would have taken the number of rooms to 90, but the recessionary downturn meant the project was put on ice.
Mr Sneddon said he had spent 40 years in hospitality and the time was right for a change.
The Courier understands there has been intermittent interest from third parties in purchasing the Queen’s.
Alongside the hotel, three associated retail units may be available via separate negotiation.
“This is a fantastic opportunity for a new owner to build upon a successfully established business in an excellent location,” Stuart Drysdale, associate director at Christie & Co said.
“The hotel is being placed on the market for a new operator to continue to provide the hospitality and service that the hotel is renowned for by both locals and those from further afield.”