There are hopes that Forfar might have much-needed letting accommodation once the former Royal Hotel goes under the hammer today (Wednesday).
The Castle Street building, which boasts a swimming pool, sauna, jacuzzi, function and night club facilities, is due to be auctioned this afternoon in an event at Edinburgh’s Marriott Hotel.
It has been closed since June, 2010 when owners Oxford Hotels and Inns put an end to its 300-year history.
Since then the building, which carries an estimated price of £200,000, has lain dormant with many hoping that a new owner or tenant would be in place sooner rather than later.
Despite some talk of a takeover, little actually happened in the four years since it closed, with attempts to find a tenant/freeholder coming to nothing.
Isobel Ross, Forfar Community Council chairwoman, this week said she had hopes that the 21-bedroom property might see a new lease of life as a hotel.
She said: “The state of the building is atrocious so I’m very pleased that it’s being put up for sale.
“I hope that somebody can do something with it as it’s a central part of town and it’s absolutely disgraceful. What we do need very badly is a hotel with letting bedrooms. I’d like to see it as a hotel if that’s possible, but we’ll just have to wait and see what is possible.”
Shaun Vigers, SVA Property Auctions director and auctioneer, said he is confident that the lots in the auction will sell well.
He said: “A significant number of properties in this auction have not been exposed to the market prior to being offered at this sale. This has been the pattern of recent auctions and has clearly been a key factor in attracting both buyers and vendors.”