Art Deco hotel goes on market for Â£1.5m
An Art Deco hotel in Aberdeen has been put up for sale for Â£1.5m.
The Northern Hotel, which opened in the 1937, is a Grade A listed building which boast 32 bedrooms and a large ballroom with a sprung dance floor.
The purpose-built hotel is shaped like a big liner pointing down Great Northern Road and the original curved exterior - marked by broad horizontal bands of glazing - is still intact.
Current owner Colin Rennie earlier said that rising rates and falling turnover were putting the business under pressure, according to STV News.
The hotel sector in Aberdeen has been badly hit by the downturn in the oil industry although some signs of recovery have emerged.
Alistair Letham, a director in the UK hotels agency team at Colliers International, commented: “Not only is the Aberdeen Northern Hotel a unique architectural gem, it continues to trade well, drawing custom from locals, visitors and local businesses alike.
“It is being sold at a time of great opportunity for buyers: After the downturn in the oil and gas industry, the future of Aberdeen is set to be diversified, with strategic plans for £4.8 billion of inward investment. The hotel industry will likely be a key beneficiary of this and now is, therefore, the time to be buying in Aberdeen.”
Aberdeen is home to a number of fine Art Deco buildings with the forward thinking city architects office highly regarded during the 1930s.
The bold new designs of the Art Deco style were to find a natural home in granite with a number of projects, including Rosemount Square and Bon Accord Baths, to define the time.