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Dundee multi-purpose accommodation on the market for £1.4m

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In this episode we speak to brothers Alex and Adrien Grosjean, young entrepreneurs who have recently acquired The Residence Inn by Marriott Manchester Piccadilly. We discussed the reasons why Manchester’s visitor market is booming, and their decision to invest in this area, why they see extended-stay accommodation as a major opportunity in what is one of the UK's fastest-growing cities, how they plan to enhance their portfolio of hotels, and their advice for the next generation of hospitality disruptors.

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Multi-purpose accommodation Rose House in Dundee city centre has hit the market with a guide price of £1.4m.

Formerly a specialist care home, the 18th century building comprises 20 bedrooms as well as three multi-purpose living rooms, three kitchens, a gym, a dining room and laundry facilities.

The property has recently been converted for mature student and HMO use, and is located a short distance from Abertay University, the University of Dundee and High School of Dundee.

The property is on the market due to the current owner wishing to focus on other business interests, presenting an opportunity for a new owner to explore accommodation for multiple sectors including students, retreat/study centres, hospitality or high-end contractor lodgings.

Gary Witham, director at Christie and Co who is managing the sale, said: “This is an unusual opportunity to acquire high-quality newly refurbished accommodation in the town centre and we expect strong interest from a wide variety of special interest groups whether for student use or retreat/study centre.”

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