NEW owners are sought for a harbour-front hotel on Orkney for the first time in 12 years.
The Kirkwall Hotel is described by agent CCL Commercial Sales as a “unique and exceptional” property with “stunning” views of the harbour and sea beyond.
The refurbished hotel has 37 en suite bedrooms and Skipper’s Bar, which won an award for its design. There’s also a 200-cover dining room and a first-floor function room, which can accommodate 60.
CCL Commercial Sales’ Coralie Pickering described the Kirkwall Hotel, which has a price tag of £2.5 million, as an “exceptionally profitable business” that has been “expertly run and developed” by the current owner over the past 12 years.
“This is a well-established successful business with significant capacity for growth,” she said. “We anticipate significant interest both locally and nationally.”
Further south, in the Highlands, CCL Commercial Sales is also marketing the Monadhliath Hotel near Newtonmore.
Formerly a manse to the ruined church in its grounds, the hotel has eight letting bedrooms and a 20-cover dining room; there’s also a detached four-bedroom owner’s house for sale.
Pickering said there is scope to expand the business.
“There is an outstanding opportunity to develop the church as a superb events destination,” she added.
“It is currently used for weddings and outdoor functions and is situated in the extensive beautifully-landscaped gardens.”
The Monadhliath Hotel is being marketed with a price tag of £1.25m.
